RYE BROOK, N.Y.--(BUSINESS WIRE)--
Global water technology company, Xylem (NYSE:XYL), has been included on Forbes 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 .
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.
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