ITT Makes World-Class Strides in Sustainability Efforts
July 14 2010 - 4:52PM
Business Wire
ITT Corporation (NYSE: ITT) today announced significant progress
toward minimizing its global environmental footprint. By reducing
its consumption of natural resources and generation of waste and
emissions, ITT is advancing its long-held commitment to
sustainability.
The company has consistently strived to safeguard the planet’s
climate, communities and resources and has been recognized
externally for its significant progress. Over the past five years
alone, ITT’s global operations have:
- Cut back overall energy
consumption intensity by 31 percent.
- Decreased intensity of
electricity consumption by 33 percent.
- Reduced generation of hazardous
waste by 46 percent.
- Eased water use by more than 27
percent for production processes and employees.
- Lowered the concentration of
greenhouse gas intensity by 51 percent, including a 46 percent drop
from 2007 to 2009.
“The recent metrics demonstrate that at ITT, sustainable
behavior is a key part of our organizational fabric,” said Steve
Loranger, ITT’s chairman, president and chief executive officer.
“We recognize the impact our company and our products have on the
environment, and we are committed to using technologies to reduce
our ecological footprint and protect our planet.”
As a way of demonstrating its long-term commitment to
sustainable behavior, ITT today committed to a further reduction in
its consumption of electricity, natural gases, water and waste by
an amount equal to fifteen percent over the next five years.
Beyond efforts to make internal operations more efficient, ITT
is helping to make the aviation industry greener through innovative
technology that helps airplanes conserve millions of gallons of
fuel and millions of pounds of CO2 emissions per flight; using
technologies to help communities in water-stressed regions recycle
and reuse every drop of water; and measuring and monitoring
greenhouse gas emissions using laser-based radar technology.
Additionally, through ITT’s signature corporate citizenship
program, ITT Watermark, the company works with its non-profit
partners—Water For People, Mercy Corps and the China Women’s
Development Foundation—to provide safe water, sanitation and
hygiene education to children and families in water-stressed
regions of the developing world and to provide support in the
aftermath of crises.
To learn more about ITT’s efforts to minimize its environmental
impact, please see ITT’s Corporate Responsibility Report, which is
available at: www.itt.com/responsiblity.
About ITT Corporation
ITT Corporation is a high-technology engineering and
manufacturing company operating on all seven continents in three
vital markets: water and fluids management, global defense and
security, and motion and flow control. With a heritage of
innovation, ITT partners with its customers to deliver
extraordinary solutions that create more livable environments,
provide protection and safety and connect our world. Headquartered
in White Plains, N.Y., the company generated 2009 revenue of $10.9
billion. www.itt.com.
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