Imagine H2O discusses Xylem’s evolution into green finance
In June, Xylem successfully closed its inaugural green bond offering of $1 billion in senior unsecured notes. Imagine H2O, a water innovation accelerator, spoke with Claudia Toussaint, Xylem’s SVP, General Council, Corporate Secretary and Chief Sustainability Officer, to learn more about the green bond and how the proceeds will be used.
In the interview, Toussaint names two ways the financing will be used: products and solutions that focus on the circular economy and eco-efficiency, and products and solutions that advance the reuse of water or prevent water pollution.
“Think about a more efficient pump, a more efficient treatment system,” she says. “And then you think about how the systems are connected and as a result deliver additional incremental value. The connectivity between products, in a digital solutions overlay, is really where we see a significant opportunity to create operational benefits for our customers, but also significant sustainability value.”