Xylem Inc. Named To Dow Jones Sustainability Indexes
Xylem Inc. a leading global water technology company focused on addressing the world’s most challenging water issues, has been named to the Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index in its first year as a standalone company. Xylem is one of 340 companies recognized on this year’s World Index and one of 140 companies recognized on this year’s North America Index.
The Dow Jones Sustainability Indexes (DJSI) follow a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. SAM, an investment boutique focused exclusively on sustainability investing, invites the world’s 2,500 largest companies (by free-float market capitalization) to report annually on their sustainability performance. The result of the Corporate Sustainability Assessment provides an in-depth analysis of economic, environmental and social criteria, such as corporate governance, water-related risks and stakeholder relations, with a special focus on industry-specific risks and opportunities.
“This is a major acknowledgment of all of the work we’ve done to advance sustainable business practices and solutions, and report our progress transparently over time,” said Gretchen McClain, Xylem’s president and chief executive officer. “Xylem’s selection to the World and North America Indexes is an important benchmark and validates the focus we’re putting on our sustainability initiatives.”
Xylem believes in safeguarding the planet's environment and resources, and promoting sensible growth and development.
Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. The DJSI enable investors to integrate sustainability considerations into their portfolios while providing an effective engagement platform for encouraging companies to adopt sustainable best practices.
Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Launched in 2011 from the spinoff of the water-related businesses of ITT Corporation, Xylem is headquartered in White Plains, N.Y., with 2011 revenues of $3.8B and 12,500 employees worldwide.
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, visit www.xyleminc.com.
SOURCE: Xylem Inc.