{"id":11202,"date":"2016-11-04T08:36:19","date_gmt":"2016-11-04T12:36:19","guid":{"rendered":"https:\/\/digital.hbs.edu\/platform-rctom\/submission\/xylem-inc\/"},"modified":"2016-11-04T17:42:30","modified_gmt":"2016-11-04T21:42:30","slug":"xylem-inc","status":"publish","type":"hck-submission","link":"https:\/\/d3.harvard.edu\/platform-rctom\/submission\/xylem-inc\/","title":{"rendered":"Xylem Inc."},"content":{"rendered":"

Climate change is expected to have a significant impact on water supply and quality globally. Altered precipitation patterns, increases in runoff, and rise in sea levels will challenge the availability of clean water for communities and industries across the world. Moreover, transporting, treating and using both clean water and wastewater generate significant greenhouse gas emissions.[1]<\/a> In this context, Xylem Inc., a leading global water technology company, is in a unique position to improve the productivity of the water sector and \u201cbuild resilience to water-related challenges associated with climate change.\u201d[2]<\/a><\/p>\n

Xylem, headquartered in Rye Brook, New York, was formed in 2011 after being spun-off from ITT Corporation, and has established itself as a leading developer of water technology. The company has a physical presence in over 150 locations across the world, and in 2015 had revenues of US$ 3.7 billion and approximately 12,500 employees. Its technology solutions are designed to span the entire water cycle: water productivity solutions to help customers acquire and use water more economically, water quality solutions to help customers manage and renew wastewater in an affordable and environmentally responsible fashion, and water resilience solutions to help customers manage and reduce water-related risks, including floods and draughts. \u00a0The company markets and sells its products in the United States, Europe, the Asia Pacific, and internationally.[3]<\/a><\/p>\n

Having identified the inherent linkages between climate change, water, and sustainability, Xylem has successfully made sustainability a deliberate priority. Nowhere is this more apparent than in its mission statement \u2013 \u201cLet\u2019s save water.\u201d In demonstrating its commitment to advancing sustainable solutions in the water sector, Xylem has set ambitious operational goals for itself.<\/p>\n

The company\u2019s sustainability strategy is intertwined with its business strategy, and its sustainability goals are incorporated into its business planning process. The company has taken a four-pronged approach to climate change risk mitigation: products, operations, employees, and stakeholder engagement.<\/p>\n