More than 140 U.S. companies committed to the pledge
Xylem Inc. announced that it has signed on to the American Business Act on Climate Pledge, joining more than 140 companies from across the U.S. economy that are standing with the Obama administration to demonstrate an ongoing commitment to climate action and to voice support for a strong outcome to the COP21 Paris climate negotiations.
“The connection between climate and our shared water resources cannot be ignored. Earlier this year, the World Economic Forum’s Global Risks 2015 report identified water crises as the biggest threat to our planet,” said Patrick Decker, Xylem president and CEO. “As a leader in the water technology industry, we view climate change as a vital opportunity to create value for all stakeholders and we are proud to join this important pledge. Through our energy efficient technologies that help mitigate the effects of climate change in water infrastructure, we help customers and partners around the globe to reduce emissions. We are also helping communities to adapt to climate change with solutions that increase resilience to droughts and floods, making them more water-secure. By promoting sustainable solutions, we will continue to meet our customers’ needs while also advancing socially responsible business practices as a citizen of the global community.”
As part of its ongoing work on sustainable practices, Xylem recently published its Powering the Wastewater Renaissance report, which concluded that nearly half of the electricity-related emissions in wastewater management can be abated at a negative or neutral cost with the use of proven, readily available technologies.