ReportAlert.info - Flowserve Corp (NYSE:FLS) Publishes 2012 Sustainability Report

The report provides an overview of the company's approach to sustainable development, and information regarding stakeholders, governance, and marketplace initiatives
Jun 7, 2013 6:15 AM ET

June 7, 2013 /3BL Media/ - Flowserve Corp. (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, has announced the availability of their 2012 Sustainability Report, including information regarding the Flowserve Flow Control Division (FCD), the Engineered Product Division (EPD), and the Industrial Product Division (IPD).

The company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services in over 55 countries.

The report provides general information regarding Flowserve Corporation, including a statement from the CEO, an overview of the Flowserve approach to sustainable development, and information regarding stakeholders, governance, and marketplace initiatives using 2010 and 2011 data.

The report highlights information specific to FCD, EPD and IPD for various performance indicators and metrics, using the Global Reporting Initiative (GRI) reporting framework and guidelines. Key indicators were selected based on review of the overall GRI indicator list, and include those that are relevant to Flowserve manufacturing, service and repair operations.  Some types of facilities (i.e., foundries) are not currently included for all indicators. It is anticipated that future data collection will be expanded to incorporate additional facilities and information as it becomes available.

Flowserve is particularly pleased to be able to report that they were included for the third time on Newsweek 2012 Green Rankings, which lists the top 500 environmentally friendly U.S. companies. Flowserve received an impressive vote of confidence from Newsweek: Our ranking on the list increased by 87 places. In addition to the overall list of companies, Flowserve ranks an impressive 29th in the Industrial Goods category.

Flowserve is dedicated to tangible efforts like recycling and waste reduction programs. In addition, we pair these efforts with rigorous auditing and continuous improvement of internal processes. Ultimately, this dual approach is designed to lessen our environmental impact as we produce industry-leading products for our customers that meet the highest levels of emissions control.

The report is available in electronic format on the company’s web site at www.flowserve.com.