Xylem affirms its strong support for the Paris Climate Agreement

RYE BROOK, N.Y.–(BUSINESS WIRE)–Following today’s announcement that the United States will withdraw from
the Paris Climate Agreement, Xylem, a leading global water technology
company, issued the following statement:

“Addressing the realities of climate change is an opportunity to create
shared value among all stakeholders, and Xylem remains committed to
doing our part as a citizen of the global community to advance this
vital work,” said Patrick Decker, President and CEO of Xylem. “The
connection between the impacts of climate and our finite water resources
is undeniable, and the imperatives of fostering water security and
building more resilient water infrastructure are foundational to
sustainable economic growth and public health.”

“These challenges are too complex for any one entity to solve. We firmly
believe that there is a role for governments at all levels, private
industry, academia and individual innovators to play in creating the
practical solutions and innovative technologies that will be needed to
help communities across the globe both mitigate the impacts of climate
change and adapt to its resulting effects, such as prolonged drought and
increased flooding. Whether or not the U.S. chooses to participate in
the Paris Agreement, at Xylem, our resolve remains strong. We will
continue to reduce our own environmental footprint and work with our
customers, partners, suppliers, community leaders and policy-makers to
develop solutions to both global and local water challenges in order to
create sustained value for all.”

Last month, Xylem published a white paper entitled Building
Resilience: Creating Strong and Sustainable Cities and Communities
that outlines four categories of actions to increase the resilience of
cities around the world: 1) ensuring water security; 2) strengthening
critical infrastructure; 3) driving response and recovery; and 4)
engaging community stakeholders. The Company previously issued Powering
the Wastewater Renaissance, which concluded that nearly half of
the electricity-related emissions in wastewater management globally can
be abated at a negative or neutral cost with the use of proven, readily
available technologies. It has also published its climate
change policy and is a signatory to the American Business Act on
Climate Pledge.

About Xylem

Xylem (XYL) is a leading global water technology company committed to
developing innovative technology solutions to the world’s water
challenges. The Company’s products and services move, treat, analyze,
monitor and return water to the environment in public utility,
industrial, residential and commercial building services, and
agricultural settings. With its October 2016 acquisition of Sensus,
Xylem added smart metering, network technologies and advanced data
analytics for water, gas and electric utilities to its portfolio of
solutions. The combined Company’s nearly 16,000 employees bring broad
applications expertise with a strong focus on identifying comprehensive,
sustainable solutions. Headquartered in Rye Brook, New York with 2016
revenue of $3.8 billion, Xylem does business in more than 150 countries
through a number of market-leading product brands.

The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of
our water-centric business by linking it with the best water
transportation of all – that which occurs in nature. For more
information, please visit us at www.xylem.com.

Contacts

Xylem
Kelly McAndrew, +1-914-281-4207
[email protected]
or
Matt
Latino, +1-914-323-5930
[email protected]