Xylem shares progress and highlights sustainability initiatives in its 2015 Sustainability Report
By Business Wire News
RYE BROOK, N.Y.
As the world continues to face the challenges of climate change, a growing global population and increasing urbanization, our natural resources are at risk – especially water. As a leading global water technology company, Xylem (NYSE: XYL) is committed to solving water issues, which is a pre-condition for advancing sustainability in all forms. Today, Xylem outlined its latest progress in its 2015 Sustainability Report, published here.
“Xylem actively addresses the inherent linkages between water, climate and sustainability,” said Patrick Decker, President and CEO of Xylem. “We are committed to ensuring that our sustainability initiatives support our overarching business strategy, and that we foster a culture that reflects this commitment. Our sustainability framework encompasses four key areas – our product offerings, our operations, external engagement, and organization and culture – and allows us to effectively and seamlessly integrate sustainability into our core business operations.”
In the report, the Company details progress against its ambitious five-year sustainability goals, which include driving improvements in energy efficiency of specific product lines, as well as reducing water use by 25 percent and greenhouse gas emission intensity by 20 percent. In addition, Xylem aims to bolster the impact of Xylem Watermark, the Company’s corporate citizenship program, through increased employee involvement and donations.
Xylem’s commitment to sustainability is also reflected in the Company’s recently published report, Powering the Wastewater Renaissance, which found that the adoption of currently available, high-efficiency technologies can reduce electricity-related greenhouse gas emissions from the global wastewater sector by up to 50 percent. Furthermore, the report showed that since an upgraded wastewater sector would consume less energy, 95 percent of these emissions reductions would either pay for themselves or even result in savings that could be channelled into additional sustainable upgrades.
Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Xylem is headquartered in Rye Brook, New York, with 2015 revenue of $3.7 billion and more than 12,500 employees worldwide. Xylem was named to the Dow Jones Sustainability Index for the last four years for advancing sustainable business practices and solutions worldwide, and the Company has satisfied the requirements to be a constituent of the FTSE4Good Index Series each year since 2013.
The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all — that which occurs in nature. For more information, please visit us at www.xylem.com.
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Phil DeSousa, +1 914-323-5930