What ESG Stands For

What does ESG stand for?

ESG stands for Environmental, Social and Governance.

However, as global initiatives, these ESG definitions stand for much more. ESG metrics act as a measurement of sustainability, providing actionable insight into an organization’s priorities, values, and vision for a clean energy future. As a catalyst for progress, ESG underscores an organization’s purpose and defines its goals on driving positive global change.

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Environmental, Social and Governance

The “E” in ESG stands for Environmental

Environmental metrics outline how an organization performs in relation to the natural world, dealing with issues that affect the environment. With climate concerns taking center stage under the Paris Agreement, pushing global efforts to decarbonize and reduce carbon emissions has become more important than ever for ...

The “G” in ESG stands for Governance

Governance metrics underscore an organization’s quantifiable accountability to conduct business in an ethical and transparent manner. Key topics falling under governance include integrity and compliance, anti-bribery and anti-corruption, risk management, Board oversight, ESG reporting and more.

OUR ESG VISION

Flowserve strives to enable a clean energy future by advancing technologies that reduce climate impact, embedding sustainability within our core operations, and strengthening our purpose-driven culture.

Propelled by this vision, we have aligned our ESG policy around 3 pillars: Climate, Culture, and Core Responsibility. We are committed to continually investing in our ESG strategy so we can positively impact current and future sustainability efforts, doing so in a way that benefits everyone, from our customers and associates to the communities in which we operate.

Flowserve ESG Pillars

Climate

The Climate pillar of our ESG strategy is two-fold: embedding sustainability into our operations that reduces Flowserve’s impact on the environment and delivering technologies and capabilities through our 3D strategy that enable our customers to increase efficiency, reduce emissions and positively impact our climate...

Culture

The collective energy and ideas of our people have set us apart for more than 230 years. Our commitment to Culture begins and ends with our Purpose of making the world better for everyone, whether it’s supporting our associates, investing in our communities or leading the next generation of innovation for a better w...

Core Responsibility

Flowserve's commitment to responsible business practices is rooted in our belief in doing the right thing, always. We understand that good governance is not only a regulatory requirement but also a critical factor in building trust with stakeholders and creating value for all. Our Core Responsibility pillar addresse...

2022 Flowserve ESG Report

Our latest environmental, social and governance report highlights how we are committed to our purpose of making the world better together.

Read the Report