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ESG Report 2023-24

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Celeros FT ESG Performance Report 2023-24

Our Commitment to ESG

At Celeros Flow Technology, we are dedicated to shaping a sustainable future through our Environmental, Social and Governance initiatives. Our commitment to ESG principles is deeply embedded in our corporate culture and guides every aspect of our business operations. As a leading provider of innovative flow control solutions, we recognize the importance of safeguarding the planet, supporting our communities and upholding the highest standards of corporate governance.

Environmental Stewardship

Energy Transition:

We are at the forefront of developing products for emerging applications in carbon capture and storage (CCS), new nuclear and renewable energy. Our solutions aim to improve efficiency and reduce emissions for our customers in conventional power and energy sectors.

Sustainability Successes:

Celeros FT has achieved significant milestones, including a 12% reduction in energy usage and a 15% reduction in Scope 2 emissions between 2022 and 2023.

Carbon Neutrality Goals:

We are committed to achieving Carbon Neutrality by 2035 and Net Zero emissions by 2050 through site-specific energy-saving projects and partnerships to identify and pursue carbon offsets.

Social Responsibility

Health and Safety:

Ensuring the safety of our employees is paramount. We are committed to operating in a safe, responsible and transparent manner, with a focus on health and safety initiatives.

Employee Engagement:

We foster a diverse and inclusive work environment. Our Women's Network and Employee Assistance Programs (EAP) are key components of our strategy to support and develop our workforce.

Community Engagement:

Our employees are actively involved in community support activities worldwide, including blood donation campaigns, food drives and charity events.

Governance and Compliance:

Ethics & Compliance:

Our annual online Ethics and Compliance Training covers essential topics such as the Code of Business Conduct, Anti-Corruption and Diversity Awareness. This training ensures that we uphold the highest standards of corporate governance.

Information Technology & Cyber Governance:

We employ robust IT and cyber governance practices to protect our data and systems.

Excellence System:

Our Celeros FT Excellence System defines the operating rhythms by which we conduct the business in a safe, compliant manner, in pursuit of our Mission, Vision and Values.

Our Solutions

  • Helping with Hydrogen: Supporting hydrogen pipelines with advanced closure technology.
  • Delivering New Nuclear: Our safety-critical pumps and valves for next-generation nuclear reactors and Small Modular Reactors (SMRs).
  • Reducing Fugitive Emissions: Our CFT-GREEN Valve Packing Seal System significantly reduces leaks and emissions.
  • Waste to Energy: Providing critical flow valves for waste-to-energy applications.
  • Biofuel Initiatives: Designing and manufacturing high-pressure pumps for biofuel applications, including the largest biofuel plant in North America.
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