Xylem commits $1 million in expanded support for relief efforts in response to Hurricanes Harvey and Irma, and flooding in South Asia

20-Sep-2017 Intellasia | BusinessWire | 8:03 PM Print This Post

RYE BROOK, N.Y.–(BUSINESS WIRE)–Xylem announced plans to expand its support to $1 million in
contributions and volunteer time to the recovery and rebuild efforts
underway in response to some of the most devastating weather events on
record: Hurricanes Harvey and Irma, and the severe flooding in India,
Nepal and Bangladesh. The Company’s actions include monetary
contributions from the Company and its corporate citizenship initiative
Xylem Watermark, employee plus matching gift donations and an expansion
of its ongoing employee volunteer initiatives in the affected areas.

“Crises like these call for us all to help friends, colleagues and
communities recover from devastating impact and loss,” said Patrick
Decker, President and CEO of Xylem. “As communities are confronted with
more severe weather events than ever before, we stand firm in our
commitment to support them prepare for and recover quickly from the
aftermath. Our thoughts are with all of those impacted as they begin to
rebuild their lives.”

Response to Hurricanes Harvey and Irma

Xylem, a leading global water technology company, will make significant
monetary contributions to both the American Red Cross and Mercy Corps to
support their on-site relief efforts in the Greater Houston area and
those communities hardest hit by Hurricane Irma in the southeast U.S.
and Caribbean islands. The funds will help provide short-term economic
assistance to some of the most vulnerable communities affected by these
storms. These contributions are in addition to Xylem’s 2-for-1 employee
matching gift program to these organizations, which was launched on
August 29. In addition, the Company will support local organizations in
the longer-term rebuilding activities in the affected communities.

Additionally, Xylem will send approximately 100 colleagues from other
parts of the U.S. to spend a week of paid volunteer time in the affected
areas working with local non-profit agencies on rebuilding projects. The
timing of those trips will be determined by the scheduled needs of those
projects. Local area colleagues will direct their Xylem-sponsored
volunteer efforts to the rebuilding activities during Xylem’s annual
Month of Service in October.

Response to Extreme Flooding in South Asia

Xylem will donate $100,000 and match employee donations 2-for-1 to Mercy
Corps to support its work underway in South Asia to address the
immediate relief needs of the millions who have been displaced or
impacted by severe monsoon flooding in India, Nepal and Bangladesh.
These funds will support Mercy Corps’ local partners’ efforts to
implement water, sanitation and hygiene initiatives on the ground. The
Company is also providing funds to the Planet Water Foundation for the
construction of two water towers near a disaster relief center in
Maharashtra, India, where thousands have sought refuge from the floods.

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 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
Media
Kelly McAndrew, +1 914-323-5969
Kelly.McAndrew@xyleminc.com
or
Investors
Matt
Latino, +1 914-323-5821
Matthew.Latino@xyleminc.com

 


Category: BusinessWire, PRAsia

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