Xylem, a water technology company, announced May 15 that the company has made progress in regards to its sustainability goals in 2022, according to a press release. Included in these achievements, the company enabled water utilities to reduce their CO2 emissions by an equivalent of 2.8 million tonnes since 2019.
This was made possible by the “deployment of high-efficiency technologies and digital solutions,” Xylem said. The full results of the company’s sustainability report also note their emissions reduction target for 2025 is well ahead of schedule. Additionally, the company has reduced the total process water use by 26% since 2019, and they have moved over half of its major facilities to 100% process water recycling and reuse, according to the press release.
The company’s sustainability report also notes that 88% of the manufacturing, office, and service facilities’ electricity was from renewable sources in 2022. This represents a 13% increase over the previous year.
“As impacts from climate change intensify, water operators in utilities and businesses are leaning in to be part of the solution – embracing advanced technologies that improve the resiliency and sustainability of water systems at an affordable cost – all while lowering carbon emissions,” said Patrick Decker, president and CEO of Xylem.
Xylem is based in Washington, D.C.
Recommended Reading
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
Iraq to Seek Bids for Oil, Gas Contracts April 27
2024-04-18 - Iraq will auction 30 new oil and gas projects in two licensing rounds distributed across the country.
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Technip Energies Wins Marsa LNG Contract
2024-04-22 - Technip Energies contract, which will will cover the EPC of a natural gas liquefaction train for TotalEnergies, is valued between $532 million and $1.1 billion.