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Flowserve Corp (NYSE:FLS) publishes 2012-2013 Sustainability Report

Flowserve Corp (NYSE:FLS) publishes 2012-2013 Sustainability Report

Published 12-18-14

Issued by Flowserve

Summary

The report provides an overview of the company's approach to sustainable development, and information regarding stakeholders, governance, and marketplace initiatives.

Report Highlights

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

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 2012 and 2013 data.

The report highlights information specific to FCD, EPD, IPD and our Foundries 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.

Flowserve is particularly pleased to report its inclusion in the Newsweek 2014 Green Rankings, which lists the top 500 environmentally friendly U.S. companies. This is the fourth inclusion for Flowserve, and the company received an impressive vote of confidence from Newsweek: Flowserve ranked #131 on Newsweek’s recent list of America’s Greenest Companies. Flowserve also ranked #14 in the Industrials Sector, Capital Goods Industry Group. These rankings are considerable improvements from its last overall ranking of #346 and Industrials Sector, Capital Goods Industry Group ranking of #31.

This is quite an improvement from Flowserve's initial/historical rankings:

2011: Flowserve ranking = 433rd

2012: Flowserve ranking = 346th

2013: No ranking done by Newsweek

2014: Flowserve ranking = 131

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

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