Xylem Calls on Water Sector to Join “Race to Zero” Emissions Commitment
October 14 2021 - 5:00AM
Business Wire
Targets the 10% of Global Emissions Generated
by Water Use and Management
Global water technology company, Xylem (NYSE:XYL), today called
on water sector leaders and organizations to join a global
sustainability push to reduce greenhouse gas emissions related to
water systems and water management. The encouragement comes after
last month’s announcement that Xylem had formalized its commitment
to achieve net zero carbon emissions across its value chain before
2050*.
Attention to greenhouse gas (GHG) emissions in the water sector
is increasing in the run-up to COP26 – the UN Climate Change
Conference – being held in November. Water use and management
accounts for up to 10% of global greenhouse gas emissions, today.
Xylem is collaborating with a consortium of partners including the
UNFCCC High Level Climate Action Champions, CDP, Water UK, the US
Water Alliance, the International Water Association, GIZ and others
to help water utilities commit to reducing GHG emissions.
“Water and climate crises go hand-in-hand,” said Claudia
Toussaint, Xylem’s Chief Sustainability Officer. “We are a sector
of sustainability stewards, and approaches exist, today, to
dramatically reduce emissions from water systems -- especially
using highly efficient, advanced digital technologies. Together, we
can make a meaningful contribution to containing climate change. We
hope every part of the sector joins us, so we’re all part of the
solution.”
“The science of climate change is clear and the evidence hard to
ignore. The time for business-as-usual approaches to managing water
is over. Applying new approaches to managing water, we could make
significant reductions of water’s GHG footprint,” said Cate Lamb,
CDP’s Global Director for Water Security, and the UNFCCC COP26 High
Level Action Champions Lead for Water. “Today, many of these
solutions remain largely untapped, but we are seeing growing
momentum. We hope to see more and more players across the water
value chain set ambitious targets to reduce their emissions. This
commitment from Xylem is mirrored by utilities and other water
operators stepping up in the water sector’s ‘Race to Zero.’”
The United Kingdom’s water sector, through the industry group
Water UK, recently published a sector-wide ‘route map’ to
demonstrate how utilities across the country will achieve net zero
on operational emissions by 2030.
The Race to Zero is a global campaign, under the banner of the
UNFCCC, rallying support from businesses, cities, and regions to
take rigorous and immediate action to halve global emissions by
2030 and promote sustainable growth.
The water sector’s Race to Zero is an international
collaboration of partners promoting the vision of delivering net
zero water service for the world’s homes and businesses. The
campaign is encouraging water utilities, worldwide, to commit to
their own net-zero targets. Utilities and water sector companies
that have made net-zero commitments will be highlighted at the
Water & Climate Pavilion at next month’s COP26 meetings, in
Glasgow.
*Last month, Xylem announced commitments to Science-Based Target
aligned to a 1.5oC reduction by 2030 (Scope 1, 2 and 3) and Net
Zero emissions (Scope 1, 2 and 3) before 2050.
About Xylem
Xylem (XYL) is a leading global water technology company
committed to solving critical water and infrastructure challenges
with innovation. Our more than 16,000 diverse employees delivered
revenue of $4.88 billion in 2020. We are creating a more
sustainable world by enabling our customers to optimize water and
resource management, and helping communities in more than 150
countries become water-secure. Join us at www.xylem.com.
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