ORBIA Orbia Advance Corp. SAB de CV

United Nations Global Compact Company Orbia and Its Businesses Attend the 2023 Water Conference in New York City

Orbia, a United Nations (UN) Global Compact company committed to developing sustainable solutions, its Building and Infrastructure business Wavin and its Precision Agriculture business Netafim were accredited delegates to the UN 2023 Water Conference hosted in New York City from March 22-24, 2023. Company leaders steered events, panels and contributed to discussions around uniting the world for water: a theme of relevance with today’s compounding access issues.

The 2023 Water Conference was the first conference in a generation to target global water and sanitation challenges from public and private vantages, galvanize commitments to action and address the UN’s ambitious Water Action Agenda benchmarks in support of the 2030 Agenda for Sustainable Development and the achievement of the associated Sustainable Development Goals (SDGs). Sponsored by the governments of Tajikstan and the Netherlands, the event convened key stakeholders for a midterm progress review and survey of solutions.

In 2022, 61% of Orbia’s revenue directly contributed to the UN Sustainable Development Goals. Over 30% of revenue was generated from water, sanitation and water security (SDG 6) product innovations and industrial process improvements spanning four Orbia business groups: Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim) and Fluorinated Solutions (Koura).

Said Sameer Bharadwaj, CEO of Orbia, “We recognize that water resilience is essential for environmental integrity, social equity, economic development and better lives. For over 65 years, Orbia has been developing basic and advanced materials and solutions that advance life around the world. We were incredibly proud to have a prominent presence at the UN’s 2023 Water Conference and be able to share our story of material innovation for water resilience and commitments to sustained impact.”

“Whether developing PVC resins for use in our water and sanitation portfolio, deploying smart stormwater management systems or pioneering in wastewater reuse and recycling programs, Orbia and our Polymer Solutions and Building and Infrastructure businesses are working to be part of the global solution for the 2 billion people today who lack safe drinking water and the 3.6 billion people who lack sanitation,” added Nick Ballas, President of Polymer Solutions (Vestolit) and Building and Infrastructure (Wavin).

Gaby Miodownik, President of Precision Agriculture (Netafim), said, “At Orbia, we see business as a force for good. Our business was honored to take part in the UN 2023 Water Conference and advocate for the use of precision irrigation practices in global agriculture. This is a critical step towards achieving significant water savings while supporting the livelihoods of our customers: global farmers and communities seeking safe and secure food and water supplies.”

In addition to offering next-generation water management solutions, Orbia is committed to furthering water security efforts in communities worldwide. Since 2012, Orbia has supported the Latin American Water Funds Partnership by providing financing, products and technical expertise to develop five water funds near company operations in Ecuador, Peru, Colombia, Brazil and Mexico. Orbia’s Building and Infrastructure business Wavin is actively steering 25 water, sanitation and hygiene (WASH) projects to open water access to over 50,000 people in Argentina, Brazil, Colombia, Ecuador, Mexico and Peru, aligned with the UN Water Action Agenda priorities. And in 2022, Orbia’s Precision Agriculture business Netafim joined the UN Global Compact Water Resilience Coalition with a pledge to preserve the world’s most water-stressed river basins through corporate action plans.

Additional sustainability milestones and water management performance details can be accessed in Orbia’s newly-released .

About Orbia

Orbia is a company driven by a shared purpose: to advance life around the world. Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluorinated Solutions (Koura) sectors. The five Orbia business groups have a collective focus on expanding access to health and wellness, reinventing the future of cities and homes, ensuring food and water security, connecting communities to information and accelerating a circular economy with basic and advanced materials, specialty products and innovative solutions. Orbia has a global team of over 23,000 employees, commercial activities in more than 110 countries and operations in over 50, with global headquarters in Boston, Mexico City, Amsterdam and Tel Aviv. The company generated $9.6 billion in revenue in 2022. To learn more, visit: .

EN
27/03/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Orbia Advance Corp. SAB de CV

 PRESS RELEASE

Orbia Wins Two Categories in Ragan 2024 Employee Communications and To...

BOSTON--(BUSINESS WIRE)-- After being selected as a finalist in the categories of employer branding, virtual town hall and employee engagement in reflection of Orbia’s employer brand and employer value proposition launch in 2023, Orbia by the Ragan 2024 Employee Communications and Top Places to Work Awards in the employer branding and virtual town hall categories. On April 18, Orbia joined hundreds of B2B and B2C household names at a finalist ceremony in Chicago. Orbia’s Chief Communications Officer Kacy Karlen attended and accepted the awards on behalf of the company. Established in 1968, ...

 PRESS RELEASE

Orbia Announces First Quarter 2024 Financial Results

MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for the first quarter of 2024. Orbia’s first quarter performance reflects the continued weakness in the market environment, primarily driven by sustained elevated interest rates, lower prices, delays in private and public infrastructure projects and continued subdued demand in Europe. The Company continues to operate with strong fiscal and operational discipline, proactively managing the factors within its control during a challenging market envir...

 PRESS RELEASE

Orbia Ranked as a Best Company for Women, Best Company for Millennials...

BOSTON--(BUSINESS WIRE)-- Orbia has by the Women’s Choice Award on its 2024 lists of best companies for women and millennials. The annual listings honor companies that provide excellent working environments for women in the U.S. labor force. "At Orbia, we are deeply committed to cultivating our most valuable capital: our people. We go above and beyond industry standards to enhance the fulfillment, development and well-being of our global employee community and instill moments that matter in each employee’s career experience. The recognition by the Women’s Choice Award reinforces our value o...

 PRESS RELEASE

Orbia Releases Annual Impact Report, Highlighting Strong Progress on S...

BOSTON--(BUSINESS WIRE)-- Today Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) released its 15th annual , which encompasses the company’s overall business performance as well as key accomplishments in advancing life around the world. “Amidst challenging conditions and a changing global landscape, Orbia remains committed to its purpose to advance life around the world. What’s good for the world is simply good business, and we were especially proud that the external pressures of 2023 did not stall our delivery of offerings that contribute to solving the world’s toughest challenges, sp...

 PRESS RELEASE

Orbia Announces Conference Call For Its First Quarter 2024 Earnings Re...

MEXICO CITY--(BUSINESS WIRE)-- Orbia Advance Corporation, S.A.B. de C.V. will release its first quarter 2024 earnings results after the market closes on Thursday, April 25, 2024. Management will host a conference call to review results. Date: Friday, April 26, 2024 Time: 9:00 a.m. MX | 11:00 a.m. ET  Speakers:     Sameer Bharadwaj Chief Executive Officer Jim Kelly Chief Financial Officer Diego Echave VP, Investor Relations   Dial-in numbers:   From the USA (toll free): +1-(888)-339-0721   From Me...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch