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Xylem Recognized for Excellence in Sustainable Finance

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Xylem, a global water technology leader, has been recognized for excellence in sustainable finance for its $1 billion Revolving Credit Facility. The facility ties interest rates to sustainability performance, including reducing greenhouse gas emissions and enabling customers' carbon footprint reduction. Xylem's sustainability efforts have been acknowledged by Environmental Finance magazine, with the company being praised for its leadership in sustainable financing and overall sustainability progress.
Xylem, leader globale nella tecnologia dell'acqua, è stata riconosciuta per l'eccellenza nella finanza sostenibile per la sua linea di credito revolving da 1 miliardo di dollari. La facilità di credito collega i tassi di interesse alle prestazioni di sostenibilità, inclusa la riduzione delle emissioni di gas serra e il supporto alla riduzione dell'impronta di carbonio dei clienti. Gli sforzi di sostenibilità di Xylem sono stati riconosciuti dalla rivista Environmental Finance, con l'azienda elogiata per la sua leadership nel finanziamento sostenibile e per i progressi compiuti in termini di sostenibilità.
Xylem, un líder global en tecnología del agua, ha sido reconocido por su excelencia en finanzas sostenibles por su Facilidad de Crédito Revolvente de 1 mil millones de dólares. Dicha facilidad vincula las tasas de interés al rendimiento en sostenibilidad, incluyendo la reducción de emisiones de gases de efecto invernadero y facilitando la disminución de la huella de carbono de sus clientes. Los esfuerzos de sostenibilidad de Xylem han sido reconocidos por la revista Environmental Finance, alabando a la compañía por su liderazgo en financiamiento sostenible y progreso general en sostenibilidad.
글로벌 수자원 기술 리더인 Xylem이 10억 달러 규모의 회전 신용 시설로 지속 가능한 금융에서 우수성을 인정받았습니다. 이 시설은 이자율을 지속 가능성 성과에 연계시키며, 이는 온실 가스 배출 감소 및 고객의 탄소 발자국 감소를 지원하는 것을 포함합니다. Xylem의 지속 가능성 노력은 Environmental Finance 잡지에 의해 인정되었으며, 회사는 지속 가능한 금융에서의 리더십과 전반적인 지속 가능성 진전에 대해 칭찬을 받았습니다.
Xylem, un leader mondial dans la technologie de l'eau, a été reconnu pour son excellence en finance durable pour sa facilité de crédit renouvelable d'un milliard de dollars. Cette facilité lie les taux d'intérêt aux performances en matière de durabilité, y compris la réduction des émissions de gaz à effet de serre et l'aide à la réduction de l'empreinte carbone de ses clients. Les efforts de durabilité de Xylem ont été reconnus par le magazine Environmental Finance, l'entreprise étant saluée pour son leadership en matière de financement durable et ses progrès globaux en durabilité.
Xylem, ein weltweit führender Wassertechnologiekonzern, wurde für seine Exzellenz in nachhaltiger Finanzierung für seine 1 Milliarde Dollar schwere revolvierende Kreditfazilität anerkannt. Die Kreditfazilität verknüpft Zinssätze mit der Nachhaltigkeitsleistung, einschließlich der Reduzierung von Treibhausgasemissionen und der Unterstützung bei der Reduzierung des CO2-Fußabdrucks der Kunden. Xylems Nachhaltigkeitsbemühungen wurden vom Magazin Environmental Finance gewürdigt, wobei das Unternehmen für seine Führungsrolle in der nachhaltigen Finanzierung und den allgemeinen Fortschritt in Sachen Nachhaltigkeit gelobt wurde.
Positive
  • Xylem's $1 billion Revolving Credit Facility ties interest rates to sustainability performance.
  • The company's sustainability goals include reducing greenhouse gas emissions and enabling customers' carbon footprint reduction.
  • Xylem's efforts have been recognized with the Sustainability-linked Loan of the Year (Americas) award by Environmental Finance magazine.
  • Xylem has established leadership in sustainable financing with initiatives like the Green Finance Framework and ESG-linked demand deposit account.
  • The company's comprehensive supply chain impact and overall sustainability progress have been commended by industry experts.
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Innovative $1 Billion Credit Facility Ties Interest Rates to Sustainability Performance

WASHINGTON--(BUSINESS WIRE)-- Global water technology leader Xylem (NYSE: XYL) has been recognized for excellence in sustainable finance for its $1 billion Revolving Credit Facility. Awarded Sustainability-linked Loan of the Year (Americas) by Environmental Finance magazine, the credit facility ties the facility fee and interest rates to Xylem’s performance against its 2025 sustainability goals.

Targets include measuring and reducing greenhouse gas emissions across the company’s operations and supply chain, and enabling customers’ carbon footprint reduction with Xylem products.

“Our sustainability performance is most meaningful when it enables our customers and partners to improve their sustainability outcomes,” said Claudia Toussaint, Senior Vice President, Chief People and Sustainability Officer at Xylem. “In addition to addressing our company’s footprint, we see enormous opportunity to advance customers’ sustainability progress through technology. In doing so, we drive value for our customers and their communities, and for our capital market participants.”

Xylem established leadership in sustainable financing in 2019 when it executed its $800 million Revolving Credit Facility – the first of its kind in the U.S. General Industrial Sector. In 2020, the company adopted a Green Finance Framework, under which it completed a $1 billion green bond offering. The proceeds of the bond were allocated to green projects that improve water accessibility, water affordability, and water systems resilience. In 2021, Xylem launched an ESG-linked demand deposit account with Goldman Sachs, tying the interest earned on deposits to progress against its 2025 sustainability goals.

Environmental Finance commended Xylem for its comprehensive supply chain impact and overall sustainability progress. ING, one of a syndicate of lenders that arranged the credit facility, also noted the company’s sustainability leadership.

“Xylem is at the leading edge of sustainability, and this award is a testament to that,” Ana Carolina Oliveira, Head of Sustainable Finance Americas at ING, said. “The company continues to raise the bar, increase ambition, and deliver positive impacts at the corporate, supplier, and customer levels.”

Xylem will release its 2023 Sustainability Report in May. For more information, visit: https://www.xylem.com/en-us/sustainability/

About Xylem
Xylem (XYL) is a leading global water technology company committed to solving the world’s critical water challenges with innovation and expertise. Our 23,000 diverse employees delivered combined pro forma revenue of $8.1 billion in 2023. We are creating a more sustainable world by enabling our customers to optimize water and resource management and helping communities in more than 150 countries become water-secure. Join us at www.xylem.com and Let’s Solve Water.

Houston Spencer

+1 (914) 323-5723

Houston.Spencer@xylem.com

Source: Xylem Inc.

FAQ

What award did Xylem receive for its $1 billion Revolving Credit Facility?

Xylem received the Sustainability-linked Loan of the Year (Americas) award for its $1 billion Revolving Credit Facility.

How does Xylem tie interest rates to sustainability performance?

Xylem ties interest rates to its performance against its 2025 sustainability goals, including reducing greenhouse gas emissions and enabling customers' carbon footprint reduction.

What initiatives has Xylem undertaken to promote sustainable financing?

Xylem has initiatives like the Green Finance Framework and ESG-linked demand deposit account to promote sustainable financing.

Who recognized Xylem for its excellence in sustainable finance?

Xylem was recognized for its excellence in sustainable finance by Environmental Finance magazine.

When will Xylem release its 2023 Sustainability Report?

Xylem will release its 2023 Sustainability Report in May.

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