Xylem Inc., a leading global water technology company, was ranked tenth on Barron’s inaugural 100 Most Sustainable Companies list. In addition, Xylem was also ranked second on Barron’s Special Report: The Most Sustainable Industries.
In order to determine the rankings, Barron partnered with Calvert Research and management, which analysed the 1,000 largest publicly held companies, measured by market capitalization, with headquarters located in the United States (U.S.). According to the report, each company was rated on its demonstrated responsibility in five stakeholder categories: Shareholders, employees, customers, planet, and community. Stock performance was not considered as a criterion in this ranking.
In December 2017, Xylem was named one of America’s Most JUST Companies, according to Forbes and JUST Capital, a non-profit that ranks the largest publicly traded corporations in the U.S. on issues such as job creation, environmental impact, worker pay and treatment, as well as healthy products and communities, among others.
“It is a great honour to be included among this auspicious group of sustainable companies, and we’re very pleased that our result have placed us in the top 10 on Barron’s 100 Most Sustainable Companies list,” Patrick Decker, president and CEO if Xylem, said. “At Xylem, it’s not just what we do that matters, but how we do it; Sustainable practices are woven into every aspect of our operations and business strategy. They define how we help our customers solve their water and infrastructure challenges, how we run our own operations, and how we treat our colleagues and give back to the communities in which we work and live. This recognition reflects the commitment and dedication of all out 16,500-plus colleagues who strive every day to make the world a better place by solving water.”