Mon, 08/20/2018 - 09:02

RYE BROOK, N.Y. – Xylem, ABB and Siemens have been included on FORTUNE’s 2018 "Change the World" list, a ranking of 50 companies that have made a significant social impact through their core business strategy. Xylem has been recognized for creating tangible social value through its innovative solutions that are helping to solve water challenges across the world. RELATED: Xylem CEO Patrick Decker tells Pumps & Systems how engineers aided in the Thai cave rescue Notable Xylem initiatives recognized by FORTUNE include the Company’s ongoing work to help strengthen cities’ resilience so they are better equipped to cope with the impact of climate change and natural disasters, and Xylem’s actions to advance smart water solutions. The Company’s role in supporting the Thai cave rescue mission was also noted. A team of Xylem engineers worked with the Thai authorities to re-configure the dewatering pumps in place at the cave, increasing pumping capacity by 40 percent and enabling the successful rescue of the young soccer team and their coach. “At Xylem, we are privileged to operate in an industry where we pioneer innovative approaches and technologies that are not only core to our business, but also have a lasting impact on communities," Xylem CEO Patrick Decker said. "We are honored to be recognized by FORTUNE as a company that is driving social impact - a testament to the work of Xylem’s nearly 17,000 colleagues who are committed to making water safer, more accessible and more affordable for people and communities around the world. Our global mission of solving water is rooted in our purpose as an enterprise, which is to create both social and economic value in all that we do.” Here is what FORTUNE said about ABB: "As electric vehicles have grown more popular, robotics maker ABB has installed over 7,000 fast charging stations worldwide—saving about 2 million gallons of gasoline over the past seven years. The charging business has posted double-digit annual revenue growth since 2015. Next up: a plan with Electrify America to place hundreds of charging stations in the U.S. in the next year." On Siemens, FORTUNE said, "Building prototypes for machinery takes a lot of time and creates a lot of waste. Additive manufacturing, a.k.a. 3D printing, reduces both, and Siemens, which makes everything from locomotives to medical X-ray machines, has embraced it avidly. Siemens says additive techniques have enabled its gas- and steam-turbine unit to reduce development time by 75 percent and use an average of 65 percent fewer resources in the production process. The company also makes and sells software that helps customers reap similar 3D rewards."