Xylem recognized in Leadership Category
RYE BROOK, N.Y.--(BUSINESS WIRE)--Dec. 10, 2018--
Global water technology company, Xylem (NYSE:XYL), has been included on
Forbes2018
"JUST 100" list, a ranking of 100 companies that have made
a significant economic and social impact through their core business
strategy. Xylem was recognized in the category of Company Leadership and
Shareholders, where Xylem ranked second overall and first in its
industry.
Patrick Decker, President and CEO of Xylem, said, “We are honored to be
recognized by Forbes and JUST Capital for what all of our colleagues do
every day to make a difference. This reflects Xylem’s commitment to
creating economic and social value through our mission to solve water –
by making water safer, affordable and more accessible for people around
the world. This guiding principle is core to our business, and will also
have a lasting impact on communities. We will continue to share our
collective knowledge, expertise and passion to help build a more
water-secure world.”
Now in its third year, the Forbes “JUST 100” list measures and ranks
companies on issues that are deemed most important to the American
public and linked to important stakeholder groups - Workers, Customers,
Products, Environment, Communities, Jobs, and Company Leadership &
Shareholders.
Notable Xylem initiatives recognized by Forbes include the Company’s use
of local products and resources (+55.8 difference from industry
average), leadership acts and communicates with integrity (+50.21
difference from industry average) and use of natural resources
efficiently and reduction of waste (+44.89 difference from industry
average).
Over the past year, Xylem has received a number of recognitions for its
leadership in sustainability. Fortune included Xylem in their
Companies Changing the World 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 in 2017 for the Company’s Watermark employee
volunteerism efforts.
About Xylem
Xylem (XYL) is a leading global water technology company committed to
developing innovative technology solutions to the world’s water
challenges. The Company’s products and services move, treat, analyze,
monitor and return water to the environment in public utility,
industrial, residential and commercial building services settings. Xylem
also provides a leading portfolio of smart metering, network
technologies and advanced infrastructure analytics solutions for water,
electric and gas utilities. The Company’s more than 16,500 employees
bring broad applications expertise with a strong focus on identifying
comprehensive, sustainable solutions. Headquartered in Rye Brook, New
York with 2017 revenue of $4.7 billion, Xylem does business in more than
150 countries through a number of market-leading product brands.
The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of
our water-centric business by linking it with the best water
transportation of all – that which occurs in nature. For more
information, please visit us at www.xylem.com.
FORBES “JUST 100” list methodology
JUST Capital’s Rankings are the culmination of over four years of market
research (encompassing over 81,000 respondents mapped to the U.S. Census
population) on what the American people prioritize regarding corporate
behavior today. JUST Capital conducted its 2018 survey, which included
9,000 respondents, in partnership with NORC at the University of
Chicago. The survey results found that Americans, when asked to identify
what is most important for companies to prioritize, ranked the following
in order of importance: Workers, Customers, Products, the Environment,
Jobs, Communities, and finally, Leadership & Shareholders. JUST Capital
then tracked and evaluated the performance of companies against these
priorities and created the ranking model that drives America’s Most JUST
Companies, including the JUST 100 absolute ranking and Industry Leader
list. The selection of companies draws from the Russell 1000 Index,
which represents over 90 percent of the U.S. stock market value.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181210005861/en/
Source: Xylem Inc.
Xylem Inc.
Laurie Leavy +1 (914) 260-2626
Laurie.Leavy@xyleminc.com