Watts Water Technologies publishes its 2020 sustainability report
NORTH ANDOVER, Mass .– (COMMERCIAL THREAD) –Watts Water Technologies, Inc. (NYSE: WTS) – a leading global manufacturer and supplier of plumbing, heating and water quality products and solutions – today announced the release of its 2020 Sustainability Report , which highlights the environment, society and governance (ESG) and its commitment to the best performance in terms of sustainable development.
âAfter a year that has challenged us in many ways, I am proud that we have never wavered in our commitment to protect and maintain the world’s water supply through our diverse portfolio of technologies and technologies. solutions for water. As a responsible corporate citizen, we have continued to make significant gains in every dimension of sustainability while continuing to focus on meeting the needs of our stakeholders, âsaid CEO and Chairman Robert J. Pagano Jr world for their perseverance and dedication to Watts and our customers throughout the COVID-19 pandemic. They have protected each other, while remaining steadfast in their commitment to supporting our company’s long-term goals.
The main achievements highlighted in the report include:
- Reduced consumption of natural resourcesincluding a 33% reduction in global water consumption and a 16% reduction in greenhouse gas emissions. The Company has also enabled smart monitoring in 80% of its water-intensive facilities to aid early detection of leaks and surges, and has capitalized on investments in various energy reduction projects.
- Continuous evolution towards a portfolio of products and solutions that are more respectful of the environment, including the company’s high-efficiency gas-fired boilers and water heaters, which reduced more than 112,000 metric tonnes of CO2 for customers last year – four times more CO2 than Watts himself did generated some. The Company remains committed to deriving 25% of its revenue from smart, connected products and solutions – designed to promote safety, energy efficiency and water conservation – by 2023.
- Commitment to provide access to drinking water to disadvantaged communities through the company’s ongoing partnership with Planet Water Foundation, which to date has reached over 30,000 people in eight different countries. Last year, Watts funded and installed two water purification systems in Mexico, providing 3,600 people with 10,000 liters of clean water per day.
- Recognition of the sustainability performance of News week magazine, who named Watts among Most Responsible American Companies for the second year in a row. The top 400 companies, spanning 14 industries, were ranked in the final list following a detailed analysis of the ESG performance of more than 2,000 companies and an independent survey of 7,500 US consumers.
To download Watts’ 2020 Sustainability Report or learn more about the company’s ESG programs, visit www.watts.com/our-story/sustainability
About Watts Water Technologies
Watts Water Technologies, Inc., through its family of companies, is a United States-based global manufacturer offering one of the world’s leading lines of plumbing, heating and water quality products. extended to the world. Its subsidiaries and brands provide innovative plumbing, heating and water quality solutions for commercial, residential and industrial applications. For more information visit www.watts.com.