Global water technology company, Xylem (NYSE:XYL), has been included on Forbes 2018 "JUST 100" 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.