Xylem’s Watermark is solving water in 2019… here’s how
This year, World Water Day was 22 March – and that acted as a kick-off point for Xylem’s Watermark to start a month of intensive action. Xylem is the world’s preeminent water technology company, and Watermark is its corporate citizenship program. For the past decade, the company has taken this initiative incredibly seriously, pumping money and manpower into supporting its staff’s vision of a better tomorrow.
Xylem’s share price has appreciated by 23% so far this year
Source: Yahoo Finance
For years, Xylem has worked to make Watermark bigger than itself. Today, it includes a number of leading non-profits, and has just been rolled out to include customers, supply partners and investors. The company says it hopes to have 2,500 external stakeholders engaged in 2019 alone! And the company also wants 2019 to set a few new records for itself: this year, it wants to commit 62,000 staff hours to Watermark activities, with at least 50% of employees taking part.
Between World Water Day and Earth Day, Xylem is running a Watermark Make Your Mark 30-Day Challenge, during which everyone involved in Watermark is being encouraged to volunteer for water-related activities and community projects around the globe.
Detailing the kind of thing that Watermark hopes to enable, a Xylem release on its company magazine (Making Waves) detailed how Xylem partner Manchester City Football Club contributed to Safe Water in Bangalore, a project Watermark is supporting. The release reads:
“City Football Group, parent of Manchester City, will give £92,000 in grant funding to improve access to safe, clean water for over 5,000 children in the area. Xylem Watermark is providing further support for the project through employee volunteers and water filtration equipment. Manchester City fans and Xylem volunteers went to Bangalore to help build a water tower”
Dominion holds Xylem Inc. in its Global Trends Managed Fund.
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