Rye Brook, NY, June 4, 2015 – The growing global population and increasing urbanization continue to place greater strain on natural resources. As a leading global water technology company, Xylem (NYSE: XYL) is committed to solving water, which is a pre-condition for advancing sustainability in all its forms. Today, Xylem outlined its latest progress and future ambitions in its 2014 Sustainability Report, published here.
“Sustainability is the only way forward for us. It applies to what we do and how we do it. We believe that being a global leader in the water industry and a champion for sustainability are inextricably linked,” said Patrick Decker, President and CEO of Xylem. “Our sustainability goals are directly tied to our business operations and reflect our corporate culture. From water intake to return, we help to address the present-day needs of our stakeholders without compromising the ability of future generations to meet their own needs.”
Xylem has implemented a strategic framework to ensure that its sustainability actions support its business strategy. In the report, the Company details ambitious five-year sustainability goals, which include reducing water use by 25 percent, greenhouse gas emission intensity by 20 percent, and waste to landfill by 20 percent. In addition, Xylem aims to increase its vitality index – or percentage of sales from new, more energy-efficient products – by 2 percent each year, and bolster the impact of Xylem Watermark, the Company’s corporate citizenship program, through increased employee engagement.
Xylem’s commitment to sustainability is also reflected in the Company’s recently published Climate Change Policy, which highlights the imperative of working with stakeholders to increase water productivity, water quality and resilience in order to directly and indirectly mitigate the impact of climate change. Xylem’s Climate Change Policy outlines how the Company is developing solutions that will dramatically improve the efficiency of managing water and wastewater, and help communities to build greater resiliency.
About Xylem
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 2014 revenues of $3.9 billion and more than 12,500 employees worldwide. Xylem was named to the Dow Jones Sustainability Index for the last three years for advancing sustainable business practices and solutions worldwide.
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.