Honored with the Excellence Award in Corporate Philanthropy by the Committee Encouraging Corporate Philanthropy
Xylem Inc., a water technology company focused on addressing world water issues, has been awarded the prestigious Excellence Award in Corporate Philanthropy by the Committee Encouraging Corporate Philanthropy (CECP).
Yesterday at the 2012 Corporate Philanthropy Summit at Time Warner headquarters in New York City, Xylem’s corporate responsibility and social investment program, Xylem Watermark, was recognized with the President's Award, given to a company with annual revenues of $20 billion or less each year. Judging criteria included strong CEO leadership, commitment to innovation, dedication to measurement and cultivation of strategic partnerships. CECP's Excellence Awards in Corporate Philanthropy are among the most coveted in the field, drawing a diverse pool of highly qualified applications each year. Presented annually since 2000, winners are selected by an external committee comprising representatives from the corporate, nonprofit, social investment, consulting, media and academic communities.
“At Xylem, we work everyday to create positive economic impact for our company while generating positive social impact around the world, and we could not be more proud of CECP’s recognition for our corporate responsibility efforts,” said Gretchen McClain, president and chief executive officer of Xylem. “To have achieved this recognition in our first year as an independent company is a true accomplishment, and a testament to our employees everywhere who take very seriously our tagline—'Let's solve water.' These three words capture what we aim to do through our products, our applications solutions, our research and development, and our initiatives in sustainability and corporate social responsibility."