Zurn Elkay Water Solutions Corporation (NYSE: ZWS) has kicked off its 125th anniversary celebration by releasing its 2024 Sustainability Report, highlighting the company's commitment to addressing critical water challenges and improving operational sustainability. The report showcases Zurn Elkay's progress towards its 16 timebound goals, with notable achievements such as a 23% reduction in energy intensity from its 2021 baseline and a 38% reduction in greenhouse gas (GHG) intensity since 2021.
Zurn Elkay's sustainability strategy is rooted in its legacy of innovation and a commitment to "Simply Doing the Right Thing." The company's approach to sustainability sets it apart from its competitors, offering unique advantages to investors. By focusing on energy intensity reduction, GHG intensity reduction, supply chain sustainability, and associate health and safety, Zurn Elkay demonstrates a comprehensive commitment to sustainability that goes beyond mere compliance.
One of the key initiatives highlighted in the 2024 Sustainability Report is the launch of the Total Cost of Ownership and Sustainability Calculator. This tool helps customers understand the environmental and economic benefits of Zurn Elkay products, contributing to their adoption and the company's growth. Additionally, the company's easy-to-install residential filtered faucet, connected filtered bottle filling stations, and Hydro•X flush valve have driven demand for Zurn Elkay's sustainable water management solutions.
Zurn Elkay's commitment to philanthropic giving and advocacy has also enhanced its reputation and built goodwill with stakeholders. The company's Fountains for Youth program, which donates filtered bottle filling stations to school districts, has benefited over a million students. Additionally, Zurn Elkay has advocated for filter-first legislation in several states, ensuring K-12 students have access to clean, filtered drinking water.
Zurn Elkay's sustainability efforts have not only contributed to environmental and social responsibility but also enhanced its competitive position and created opportunities for growth and investment. The company's products saved 32.5 billion gallons of water, delivered 2.3 billion gallons of filtered drinking water, and prevented 19 billion single-use plastic bottles in 2024. These environmental benefits also translate into cost savings and improved efficiency for customers, driving demand for Zurn Elkay's products and services.
In conclusion, Zurn Elkay Water Solutions Corporation's 2024 Sustainability Report demonstrates the company's commitment to sustainability and its ongoing efforts to minimize its environmental footprint while delivering innovative water solutions to customers. By prioritizing sustainability, Zurn Elkay not only contributes to environmental and social responsibility but also enhances its competitive position and creates opportunities for growth and investment.
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