It is important for you to know how your investments are making a difference. We wanted to share a company highlight from our Blue Summit investment models.
Xylem, headquartered in Washington DC, is a prime example of an investment geared towards capturing growth in resource efficiency, a focal point of sustainable business. Xylem engineers and manufactures technologies for water industries all over the world. Xylem’s equipment and services for water and wastewater applications range from addressing the collection, distribution and use to the return of water to the environment.
To minimize its impact from operations, Xylem has 2025 goals to:
Reduce water’s CO2 footprint by nearly three million metric tons
Use 100% renewable energy at major facilities and
Develop a science-based target for the company’s entire greenhouse gas footprint.
Xylem Watermark, the company’s corporate citizenship program, engages employees around the world to help provide clean water to communities in need and contributes to philanthropic causes. The company also has a goal to achieve 50 percent female representation in leadership positions through merit-based retention, promotions and recruitment as well as Achieve 25 percent U.S. minority representation in leadership positions.
Fun fact – Robert uses Xylem water pumps on his Alaskan fishing vessel!
We are excited to share the efforts of companies like Xylem with our clients. They are just one example of how Blue Summit investment models provide solutions for a more sustainable future.
If you would like to dive deeper into these topics, send us a note
to join our Insider Series for an in-depth quarterly SRI update.
Blue Summit does not directly invest in Xylem. They are a holding within the Pax Environmental Markets Fund. Some, but not all clients, are invested in this fund.