XYL Xylem Inc.

Water Utilities Set the Pace in Race to Reduce Carbon Emissions

More than 80 water and wastewater utilities worldwide have set net-zero and climate-neutrality targets.1 These utilities are leading the decarbonization of the water sector with strategies that optimize operations while cutting greenhouse gas (GHG) emissions. A new paper from global water technology company Xylem (NYSE: XYL), , shows how water managers are reducing their emissions and making infrastructure more resilient to climate change.

This press release features multimedia. View the full release here:

Learn about some of the strategies that are helping utilities reduce emissions in Xylem's new paper. (Graphic: Business Wire)

Learn about some of the strategies that are helping utilities reduce emissions in Xylem's new paper. (Graphic: Business Wire)

“We have an opportunity to help the water sector be the fastest to reduce its carbon emission footprint. Utilities, already on the frontlines of the effects of climate change and aging infrastructure, and passionate public servants, are the key,” said Patrick Decker, President and CEO of Xylem. “This paper and action show how leading water utility managers are delivering real progress toward net-zero goals. And these examples show how quickly and affordably they are doing it, while optimizing their overall operations. The technology exists to address these challenges, and the time to make a difference is now.”

Water infrastructure accounts for approximately 2% of global GHG emissions – the same as the global shipping industry. , highlights pragmatic approaches and proven technologies that can reduce water utility emissions to net zero. The methods used by pace-setting utilities include:

  • Create a smart net zero strategy – realistic, measurable targets towards emissions-reduction goals
  • Optimize energy and resources across a network – cost-neutral strategies to reduce emissions while ensuring process stability
  • Embed net-zero goals in capital planning – net-zero criteria that fold into existing processes and the flow of day-to-day decision-making
  • Move from treatment to resource recovery – from wastewater as a by-product to be managed to a resource

Among the success stories highlighted in the paper is the City of South Bend, Indiana. The city used technology to reduce combined sewer overflow volume by more than 70 percent. This prevented needless construction of new grey infrastructure and eliminated the associated embedded carbon. The city improved system performance and capacity utilization, and delivered environmental gains 10 to 15 years ahead of schedule.

“While the headline figure of our work was that the city has saved approximately $500 million in capital work savings, the impact on our carbon footprint should not be overlooked. By avoiding a large construction project and prolonging the life or our infrastructure through smart technology, we have made a major impact in reducing our carbon footprint,” said Kieran Fahey, Director, Long-Term Control Plan at the Department of Public Works, City of South Bend.

In another example, EWE WASSER GmbH (EWE) in Cuxhaven, one of Germany’s largest wastewater companies, reduced energy use by 30 percent in part of its operations. Its plant has the capacity to treat wastewater for 400,000 people, and the reductions saved 1.1 million kWh annually, enough energy to power 275 homes for one year, while ensuring high water quality.

Xylem executives will be leading decarbonization conversations at WEFTEC 2022 and European Energy Efficiency Day this week, and at the COP27 climate change conference in Egypt next month.

Xylem was named “Net Zero Carbon Champion” at the 2022 Global Water Awards. This award recognized the Company’s work to accelerate the decarbonization of the water sector and its pledge to partner with utilities, businesses, and water managers around the world to help reduce their carbon footprint. It also acknowledged the Company’s commitments in sustainability: in the last two years the Company has already reduced the CO2 footprint of its water customers by over 1 million metric tons.

About Xylem

Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with innovation. Our 17,000 diverse employees delivered revenue of $5.2 billion in 2021. We are creating a more sustainable world by enabling our customers to optimize water and resource management, and helping communities in more than 150 countries become water-secure. Join us at .

1

EN
11/10/2022

Underlying

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

Reports on Xylem Inc.

 PRESS RELEASE

Les communautés, les entreprises et les ONG unissent leurs forces pour...

WASHINGTON--(BUSINESS WIRE)-- Avec 2,2 milliards de personnes qui manquent d'eau potable, les communautés, les entreprises et les ONG prennent des mesures audacieuses en cette Journée mondiale de l'eau pour accélérer la découverte de solutions. Du 17 au 22 mars, des milliers de bénévoles du monde entier se mobiliseront pour améliorer la sécurité de l'eau, par le biais de nettoyages, de programmes d'éducation et de projets élargissant l'accès à l'eau potable, à l'assainissement et à l'hygiène (WASH). « Partout dans le monde, les bénévoles sont à l'origine d'avancées significatives vers la four...

 PRESS RELEASE

Communities, Businesses, and NGOs Unite to Tackle Water Challenges for...

WASHINGTON--(BUSINESS WIRE)-- With 2.2 billion people lacking safe water, communities, businesses, and NGOs are taking bold action this World Water Day to accelerate solutions. From March 17-22, thousands of volunteers worldwide will mobilize to improve water security—through cleanups, education programs, and projects expanding access to safe water, sanitation, and hygiene (WASH). “Around the world, volunteers are driving meaningful progress toward providing clean water and sanitation for communities everywhere,” said Austin Alexander, Vice President of Sustainability and Social Impact at Xyl...

 PRESS RELEASE

Xylem Reports Fourth Quarter and Full Year 2024 Results

WASHINGTON--(BUSINESS WIRE)-- Xylem Inc. (NYSE: XYL), a leading global water solutions company dedicated to solving the world’s most challenging water issues, today reported fourth-quarter and full-year 2024 results. The Company’s total revenue of $2.3 billion surpassed prior guidance, on strong execution and demand. Fourth-quarter earnings also exceeded Xylem’s previous guidance. “The team delivered a strong fourth quarter to close a record-breaking year for Xylem,” said Matthew Pine, Xylem’s CEO. “We set new benchmarks for full-year revenue, net income and adjusted EBITDA margins, and earn...

 PRESS RELEASE

Xylem Announces Participation at Upcoming Investor Conferences

WASHINGTON--(BUSINESS WIRE)-- Xylem Inc. (NYSE: XYL), a leading global water solutions company that empowers customers and communities to build a more water-secure world, announced today that it will participate in the following upcoming conferences: Citi Investment Research, Feb. 18, Miami – Management and Investor Relations will present and participate in investor meetings. Raymond James & Associates, Inc., March 3, Orlando – Management and Investor Relations will present and participate in investor meetings. About Xylem Xylem (XYL) is a Fortune 500 global water solutions company th...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch