Flowserve Releases 2021 ESG Report Detailing Its Progress Toward Building a More Sustainable Future
“Our purpose is what drives us to invest in and develop our ESG priorities at
Flowserve’s 2021 ESG Report highlights the impact
- Delivered strong safety performance with marked improvement in safety maturity growth through TargetZero
- Continued progress to achieve our 2030 carbon emissions reduction goal
- Supported 150 charitable organizations through Flowserve Cares to invest in the health and betterment of our global communities
Booked more than
$100Min energy transition projects in 2021 to help our customers improve their energy efficiency and reduce equipment emissions, minimize lifecycle equipment costs, reduce maintenance requirements, and simplify equipment operation
- Recognized by Forbes magazine as one of the World’s Top Female Friendly Companies
- Awarded by Newsweek magazine as one of America’s Most Responsible Companies for the third consecutive year
Earned recognition for our sustainability performance and improved
EcoVadisrating with Chemours Supplier Award
Additionally, in 2021,
Safe Harbor Statement: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.
The forward-looking statements included in this news release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the following: a portion of our bookings may not lead to completed sales, and our ability to convert bookings into revenues at acceptable profit margins; changes in global economic conditions and the potential for unexpected cancellations or delays of customer orders in our reported backlog; our dependence on our customers’ ability to make required capital investment and maintenance expenditures; risks associated with cost overruns on fixed-fee projects and in taking customer orders for large complex custom engineered products; the substantial dependence of our sales on the success of the oil and gas, chemical, power generation and water management industries; the adverse impact of volatile raw materials prices on our products and operating margins; our ability to execute and realize the expected financial benefits from our strategic manufacturing optimization and realignment initiatives; economic, political and other risks associated with our international operations, including military actions or trade embargoes that could affect customer markets, particularly Middle Eastern markets and global oil and gas producers, and non-compliance with
All forward-looking statements included in this news release are based on information available to us on the date hereof, and we assume no obligation to update any forward-looking statement.