Xylem Inc. calls for increased use of drought-mitigation technologies
March 20, 2015
MIRA LOMA, CA, March 19, 2015 – Xylem Inc.(NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, today issued a statement regarding Governor Jerry Brown’s proposal for emergency drought relief. The Company also called on lawmakers to take steps needed to accelerate the use of drought-mitigation applications, such as water recycling and reuse technologies.
Xylem Inc. Statement
“The economic future of California is directly correlated to its water security. We applaud Governor Brown and the legislature for taking action as their proposals today demonstrate that by investing in California’s water security, we are investing in the long-term security of our communities and our broader economy. As we enter the fourth year of unprecedented drought conditions, it is clear that conservation efforts can help, but they will not be enough.
The technology and expertise to mitigate the impacts of drought already exist, and have been proven in successful applications around the world. Among them is water reuse technology, which reduces vulnerability to droughts and provides valuable environmental co-benefits. We must make it easier for industries and municipalities to reclaim wastewater for beneficial purposes, such as irrigation, industrial uses and environmental restoration. Streamline the permitting process, provide utilities with greater access to funding, and offer incentives to the public and private sectors to increase their water recycling efforts. These measures will help to accelerate water reuse implementation, providing an essential and sustainable addition to an overall water supply portfolio.
We must act today, implementing solutions that bring swift relief to crisis conditions while we continue to develop long-term, sustainable solutions that will secure water and fuel the California economy for generations to come.”
Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Xylem is headquartered in Rye Brook, New York with 2014 revenues of $3.9 billion and approximately 12,500 employees worldwide. Xylem was named to the Dow Jones Sustainability Index for the last three years for advancing sustainable business practices and solutions worldwide.
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.