Xylem has increased its vitality index goal - the percentage of sales from products launched in the past five years - from 25% to 30% by 2020, reflecting last year’s acquisition of Sensus.
“At Xylem, our sustainability strategy is tied directly to our business strategy, enabling sustainability to be effectively and seamlessly integrated into all we do,” said Patrick Decker, president and CEO of Xylem. “While we strive to reduce our own environmental footprint, we also are 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.”
Through Xylem Watermark, the company’s corporate citizenship initiative, Xylem employees logged more than 21 000 volunteer hours in water-related activities during 2016.
Earlier this month, following President Donald Trump’s decision to withdraw the US from the Paris climate agreement, Xylem issued a statement outlining its continued commitment to the agreement, and highlighting the need for practical solutions and innovative technologies to help global communities mitigate the impacts of climate change and adapt to its resulting effects, such as prolonged drought and increased flooding.