Xylem Inc - XYL STOCK NEWS

Xylem (NYSE:XYL) announced that nearly 80% of its 16,000 employees volunteered over 113,000 hours in 2021 to address urgent water issues globally, doubling their participation from 2020 amid COVID-19 challenges. Initiatives included supporting flood relief in Henan and Germany, as well as the “Aquaton” challenge raising funds for clean water access. Xylem aims to enhance water and sanitation sustainability through its Watermark program, setting goals to aid 20 million people by 2025.

Xylem Inc. (NYSE: XYL) will announce its fourth quarter 2021 results on February 3, 2022, at 6:55 a.m. ET. Following this, management will host a conference call for investors at 10:00 a.m. ET. Investors can access the call by phone or via the company's website. The call replay will be available from 1:00 p.m. ET on the same day until February 10, 2022. In 2020, Xylem achieved revenues of $4.88 billion, supporting its mission to address global water and infrastructure challenges.

Xylem Inc. (NYSE: XYL) announces the appointment of Dorothy Capers as Senior Vice President and General Counsel, effective February 7, 2022. Claudia Toussaint, the former General Counsel, now takes on the dual role of Chief Human Resources and Sustainability Officer. This move aims to integrate human capital and environmental, social, and governance (ESG) strategies. Capers brings extensive experience in legal and governance from her previous role at National Express Group, enhancing Xylem's leadership in diversity, equity, and inclusion.

Xylem (NYSE:XYL) has partnered with Isle Utilities to launch the Trial Reservoir, a new funding mechanism aimed at supporting groundbreaking technologies that reduce carbon emissions in water systems. This initiative will provide early-stage technology companies access to capital for pilot projects, addressing a significant barrier in the deployment of innovative water management solutions. The fund is expected to facilitate the first utility pilots in early 2022, promoting collaboration between utilities and innovators globally.

Xylem (XYL) has partnered with UNESCO to sponsor the Second International Conference on Water, Megacities and Global Change (EauMega 2022), scheduled for January 11-14, 2022, in Paris. This virtual conference aims to address key challenges in providing water services for large urban populations and mitigating climate change effects. Xylem's president emphasized the company's commitment to advancing technologies to help cities become more resilient. The event will foster dialogue and knowledge sharing among stakeholders to improve water management in megacities.

Xylem is partnering with UNICEF to enhance water, sanitation, and hygiene (WASH) awareness among over 3.4 million children in India’s vulnerable communities by the end of 2023. The initiative targets schools and pre-schools, addressing critical issues as 25% of Indian children face high water vulnerability. The collaboration aims to implement gender-sensitive WASH facilities and promote hygiene practices, particularly in the context of COVID-19. This partnership contributes to the UN Sustainable Development Goals, furthering Xylem’s commitment to sustainable water access.

Xylem Inc. (NYSE: XYL) announced new leadership in its Investor Relations team, effective January 1, 2022. Matthew Latino, previously Vice President of Investor Relations, becomes Vice President of Finance for the Applied Water Systems and Americas Commercial Team. Samir Patel, currently Treasurer, is appointed Vice President of Treasury and Investor Relations. Both will report to Sandra Rowland, the Chief Financial Officer. Xylem, a global water technology leader, aims to enhance shareholder engagement and capitalize on expertise in their new roles.

The Board of Directors of Xylem (NYSE: XYL) has announced a third quarter dividend of $0.28 per share. This dividend will be payable on December 21, 2021, to shareholders of record by November 23, 2021. Xylem, a global leader in water technology, generated $4.88 billion in revenue during 2020, demonstrating its commitment to addressing critical water and infrastructure challenges worldwide.

Xylem Inc. (NYSE: XYL) collaborates with Manchester City Football Club's Cityzens Giving program to address global water challenges. Fans can vote for their favorite "water heroes" from November 8-21, 2021, showcasing projects aimed at urban flooding, water access, and sustainability in cities like Cape Town, Mumbai, Shanghai, and New York City. The winning project allows three young leaders to visit Manchester for training and exposure to water solutions. Each project will receive seed funding and training from Xylem and Cityzens Giving.