Invested through |
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Asset Classes | Listed equity |
Impact strategy | Impact Equities and Bonds |
Bloomberg ticker | XYL US |
ISIN code | US98419M1009 |
Industry group | Capital Goods |
Aligned with SDGs |
Xylem is a leading water technology company committed to "solving water" by creating innovative and smart technology solutions to meet the world's water, wastewater and energy needs. The company offers innovative water technology solutions throughout the water lifecycle, from collection and distribution to reuse and return to nature, with a focus on efficiency to use less energy, reduce lifecycle costs and provide environmental benefits to users and the communities in which Xylem operates. Core application areas include water transport, treatment, testing, smart metering, building services, industrial processing and irrigation.
Investment rationale
Xylem's products and services improve water quality and reduce the environmental impact of human activities by cleaning used water for responsible discharge back to nature. Through its broad portfolio of testing and treatment solutions, the company helps local water operators make water safer for all those they serve. In addition, its products are used to treat wastewater before it is returned, and its analytics products are used to help measure the health of the world’s rivers, lakes and oceans. Xylem helps mitigate the effects of climate change by providing products that aid customers in reducing their own environmental footprint by decreasing their energy and other resource consumption needs.
Furthermore, the company contributes to the development of 'water consciousness' through several citizenship initiatives. To illustrate this, the company wants to provide access to clean water and sanitation solutions to at least 20 million people living at the base of the global economic pyramid by 2025.