RYE BROOK, N.Y.–(Business WIRE)–Xylem (NYSE:XYL), a main world h2o technologies business, is assisting its clients re-use additional than 1 trillion gallons (4.3 billion cubic meters) of h2o, according to its 2020 Sustainability Report, Resolving H2o for a Resilient Earth, introduced currently. The company’s technologies also prevented 369 billion gallons (1.4 billion cubic meters) of polluted h2o from potentially flooding communities and coming into neighborhood waterways. Drinking water re-use and pollution prevention are two of Xylem’s signature sustainability goals, qualified for achievement by 2025.
Deployment of advanced water systems is driving the remarkable sustainability gains, all-around the world. The City of South Bend, Indiana, optimized its existing wastewater network with synthetic intelligence units to produce an 80% reduction in sewer overflows. A cure plant in Cuxhaven, Germany, minimize aeration vitality use by 30% making use of Xylem engineering. And a water utility in Malaysia determined much more than 300 leaks in its community making use of subtle in-pipe sensors, aiding significantly cut down the decline of taken care of drinking water.
“Bringing accessibility to sustainable, clean up and very affordable drinking water to a lot more folks about the planet — even though protecting the ecosystem — is both our goal and our enterprise,” claimed Patrick Decker, Xylem’s president and CEO. “The achievements in-depth in this report present how, collectively, our colleagues and our prospects are generating a huge difference in our communities. Technological innovation can do a lot to make the planet extra sustainable and much more resilient, but these outcomes arrive from the determination, dedication, and even heroism of the people today we’re so privileged to serve and work with, just about every day. It is within just our ability to fix urgent problems like water shortage and affordability, now, and generate a far more h2o-protected world for upcoming generations.”
In 2020, Xylem created sizeable development towards its sector-foremost 2025 signature sustainability targets, inspite of the additional challenges of COVID-19. Through its advanced items and systems, the Company aided consumers cut down their carbon footprint by .7 million metric tons of CO2, equivalent to keeping 150,000 passenger automobiles off the road for a calendar year. Xylem is now jogging just about 50 % its main facilities on 100% renewable electrical energy, and has fully commited to transition its world-wide automobile fleet to electrical and hybrid, targeting an initial 45% reduction in fleet CO2 emissions by 2023.
In addition to advancing its present sustainability ambitions in 2020, Xylem designed new commitments to deal with the pandemic’s effects, all-around the earth. The Enterprise doubled philanthropic investments and prolonged new assistance to employees, small business associates and the communities they provide. It also expanded relationships with its world NGO companions, like Americares and UNICEF, supporting 4.1 million people today in underserved communities to get entry to h2o and sanitation and delivering 3.6 million people with h2o education to increase consciousness and boost their good quality of existence.
“As a corporation, we figure out the option we have to lead, provided the breadth of our systems and our global attain,” stated Claudia Toussaint, Xylem’s Main Sustainability Officer. “We navigate hard occasions in ways that make us much better and far more resilient — and assist our shoppers and communities to do the exact same. With that state of mind, we pulled jointly throughout our business, and with our companions close to the world, to assistance mitigate the impacts of COVID-19 even though continuing to provide on our sustainability commitments.”
“If everything, the pandemic has made the financial and social value of water networks and other vital infrastructure additional evident than ever,” ongoing Toussaint. “We know they are usually critical, but we all uncovered how critical they are in situations of crisis. They’re also a potential driver of economic recovery, and a pre-requisite for wide-centered prosperity. The shocks of the final calendar year have heightened everyone’s recognition of the need to have for larger resilience and equity, and the very important of a sustainable long term.”
Among the actions and achievements from 2020 comprehensive in the GRI-compliant report, added highlights consist of:
- Boosting $1 billion in a green bond offering – the to start with of its sort for a US industrial company
- Minimizing business h2o use depth by 30% around the very last 6 several years – virtually 10% vs . 2019, by yourself
- Lessening business net greenhouse gasoline emissions intensity by over 7% versus 2019
- Committing to a sustainable fleet method to changeover the world-wide automobile fleet to electric powered and hybrid
- Launching a U.S. provider range software
- Raising transparency in its supply chain by participating suppliers to report into EcoVadis and CDP and acquire the Clean pledge.
- Further more aligning business enterprise and sustainability performance by tying five important 2025 sustainability ambitions to prolonged-time period incentives for an expanded group of executives.
To understand additional about Xylem’s sustainability development, down load Solving Water for a Resilient Earth.
Xylem (XYL) is a primary world wide water technological innovation enterprise committed to fixing crucial water and infrastructure troubles with innovation. Our a lot more than 16,000 assorted employees delivered earnings of $4.88 billion in 2020. We are creating a far more sustainable environment by enabling our clients to improve water and useful resource administration, and supporting communities in extra than 150 countries become drinking water-safe. Be part of us at www.xylem.com.