Zurn Elkay Water Solutions Publishes 2022 Sustainability Report; Product Donations Provide Safer Drinking Water for School Children
February 20 2023 - 11:58AM
Business Wire
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) published
today its 2022 Sustainability Report. The report uses the Task
Force on Climate-Related Financial Disclosures (TCFD) framework,
along with the Sustainability Accounting Standards Board (SASB) and
select Global Reporting Initiative (GRI) standards to report Zurn
Elkay’s environmental, social and governance (ESG) strategies and
performance for the year.
The report highlights Zurn Elkay’s progress on previously
announced ESG targets while also announcing seven additional
time-bound ESG targets that help to provide even greater
transparency and accountability. These newly established goals aim
to further improve the company’s supplier diversity, air emissions,
waste reduction, plastic bottle elimination, engineering and
research and development (R&D) spending and Total Recordable
Incident Rate (TRIR).
“We are not only firmly on track to meet our initial set of ESG
targets, but we have also built on that strong foundation by adding
new goals and targets that will enhance our positive impact as a
pure-play water company,” said Todd A. Adams, Chairman and CEO of
Zurn Elkay Water Solutions. “Our ESG progress and our focus are
guided by our commitment to simply Do the Right Thing.”
Significant accomplishments noted in the report include Zurn
Elkay’s progress on reducing greenhouse gas (GHG) emissions through
the completion of several electricity and natural gas reduction
projects in 2022. Additionally, the launch of energy reduction
audits at our key facilities will identify opportunities for
significant energy reduction improvements to meet the company’s
2024 targets. The report also describes the development of Zurn
Elkay’s first product lifecycle analysis (LCA) to document the
end-to-end environmental impact of Elkay branded U.S.-made
stainless steel sinks. To reinforce its commitment to diversity,
equity and inclusion, Zurn Elkay added new partnerships with
organizations to increase diversity in its recruiting process,
created a new cross-functional Supplier Diversity Council to
enhance the diversity of its supplier base, and quadrupled the
number of employee resource groups available to associates to
support belonging and inclusion at Zurn Elkay. The report presents
a combined view of legacy Zurn and the newly acquired Elkay
business, to provide readers a view into the combined Zurn Elkay
business.
“Sustainability has always been central to Zurn Elkay’s mission
and values,” said David C. Longren, Zurn Elkay Water Solutions
Board Member and Chair of the ESG Committee. “As part of our
continuous improvement commitment, we have refined our strategy to
further embed ESG principles across all levels of the company.
While, at the same time, conversations with stakeholders and our
ongoing review of the evolving globally recognized reporting
standards helped us enhance the content of this year’s
sustainability report. We’re proud of our work and to provide even
more transparency into our dedicated ESG efforts.”
Protecting Students from Lead in Drinking Water
The 2022 sustainability report also details Zurn Elkay’s efforts
to protect children from the dangers of lead in U.S. drinking
water. The EPA has set the maximum contaminant level goal for lead
in drinking water at zero because lead can be harmful to human
health even at low exposure levels yet, according to one report, an
estimated 13 million U.S. children attend schools with elevated
levels of lead in drinking water.
Zurn Elkay filtered bottle filling stations provide students
with safer hydration. The sustainability report details several
ways that Zurn Elkay helped address the lead crisis in the U.S.
last year, including the donation of water bottle fillers to
schools, community centers and other places where children
congregate.
For more information on Zurn Elkay Water Solutions 2022 ESG
efforts, visit the company’s Sustainability website, as well as the
Zurn Elkay Water Solutions 2022 Sustainability Report.
About Zurn Elkay Water Solutions
Named one of America’s Most Responsible Companies 2023 by
Newsweek and Statista, Zurn Elkay Water Solutions is headquartered
in Milwaukee, WI and is a growth-oriented, pure-play water business
that designs, procures, manufactures, and markets what we believe
is the broadest sustainable product portfolio of solutions to
improve health, hydration, human safety, and the environment. The
Zurn Elkay product portfolio includes professional grade water
control and safety, water distribution and drainage, drinking
water, finish plumbing, hygienic, environmental and site works
products for public and private spaces. Visit www.zurn-elkay.com
for additional information about the Company.
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Media Relations Angela Hersil, Vice President – Corporate
Communications 855-480-5050 414-808-0199
Corporate.Communications@zurn.com
Investor Relations Dave Pauli, Vice President – Investor
Relations 414-223-7770
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