Global water technology company, Xylem Inc., has been included on FORTUNE’s 2018 Change the World list, a ranking of 50 companies that have made a significant social impact through their core business strategy. Listed as number 7 in the ranking, Xylem has been recognised for creating tangible social value through its innovative solutions that are helping to solve water challenges across the world.
Patrick Decker, President and CEO of Xylem, said, “At Xylem, we are privileged to operate in an industry where we pioneer innovative approaches and technologies that are not only core to our business, but also have a lasting impact on communities. We are honoured to be recognised by FORTUNE as a company that is driving social impact – a testament to the work of Xylem’s nearly 17,000 colleagues who are committed to making water safer, more accessible and more affordable for people and communities around the world. Our global mission of solving water is rooted in our purpose as an enterprise, which is to create both social and economic value in all that we do.”
Now in its fourth year, FORTUNE’s Change the World list ranks companies using factors including measurable social impact, business results, degree of innovation and corporate integration. Other notable Xylem initiatives recognised by FORTUNE include the Company’s ongoing work to help strengthen cities’ resilience so they are better equipped to cope with the impact of climate change and natural disasters, and Xylem’s actions to advance smart water solutions.
The Company’s role in supporting the Thai cave rescue mission was also noted. A team of Xylem engineers worked with the Thai authorities to re-configure the dewatering pumps in place at the cave, increasing pumping capacity by 40 per cent and enabling the successful rescue of the young soccer team and their coach.
Over the past year, Xylem has received a number of recognitions for its leadership in sustainability. Forbes and JUST Capital included Xylem in their America’s Most JUST Companies list and Barron’s ranked Xylem in the top 10 on its inaugural list of the 100 Most Sustainable Companies headquartered in the United States. Xylem also received an Engage for Good Gold Halo Award for the Company’s Watermark employee volunteerism efforts.