Coming up with solutions to the water challenges the planet is facing has never been more urgent with a burgeoning global population, overtaxed water infrastructure, and escalating weather events due to climate change. Additionally, solving water – also one of the U.N. Sustainable Development Goals (SDGs) – is one of the main pillars of economic growth, and the key to a more equitable distribution of resources and global health.
With the release of Xylem’s 2016 Sustainability Report, the leading global water technology company outlines its progress in advancing solutions to global water and energy resource challenges.
In the report, Xylem details its progress against its five-year sustainability goals, which include reducing water usage by 25 per cent and greenhouse gas emission intensity and waste-to-landfill by 20 per cent each. With the acquisition of Sensus, itself a leader in smart metering and network technologies, Xylem aims to increase its vitality index goal – the percentage of sales from products launched in the past five years – from 25 per cent to 30 per cent by 2020.
The company also reiterated its commitment to driving external engagement on water challenges in order to further advance research and dialogue around sustainable water management solutions. Through Xylem Watermark, employees from all corners of the globe are making an impact in their own communities by volunteering in water-related activities, and logged in more than 21,000 volunteer hours in 2016.
“At Xylem, our sustainability strategy is tied directly to our business strategy, enabling us to be effectively and seamlessly integrated into all we do,” President and CEO of Xylem, Patrick Decker, said. “While we strive to reduce our own environmental footprint, we are also investing more than ever in research and development with a keen focus on smart technologies and integrated solutions that can help our customers manage their own operations more sustainably. These efforts – one customer at a time – enable us to help build more resilient communities around the globe.”