Wed, 22 Apr 2020 7:00 am EDT
PITTSBURGH--Evoqua Water Technologies (NYSE: AQUA), a leader in mission critical water treatment solutions, today released its 2019 Sustainability Report, outlining the company’s ongoing commitment to sustainability. The report was launched in celebration of Earth Day, which occurs annually on April 22.
As water quality and quantity become increasingly threatened due to complex issues including emerging contaminants and water scarcity, Evoqua continues to develop innovative solutions to solve these challenges. In the report, Evoqua gives meaning and context to its purpose transforming water, enriching life, by showing how sustainability is integrated throughout the business model.
“At the core of our business, we transform water and enrich life. Sustainability drives our business decisions to uphold transparent business practices, maintain a resilient business strategy, improve our environment and serve our employees and communities,” said Ron Keating, CEO of Evoqua. “Our dedication to sustainability and our promise to a better tomorrow is deeply rooted in Evoqua. Enabling a more sustainable water system for future generations is both our opportunity and our responsibility.”
Evoqua’s 2019 Sustainability Report highlights include:
- The role of Water One® solutions in supporting a resilient water supply to hospitals, laboratories, food processing operations and many essential businesses.
- The company’s commitment to diversity on its Board of Directors.
- A commitment to developing innovative technologies, such as anaerobic digestion systems, which produce enough clean renewable energy to meet the electricity needs of over 5,000 American homes per day*.
The report contains additional details outlining the company’s sustainability efforts, goals and results of its first materiality assessment. The report further explains how Evoqua helps customers meet their sustainability goals related to water, energy, circular economy, climate change, and health & wellness. To learn more, dive into Evoqua’s 2019 Sustainability report available here.
* Evoqua Water Technologies’ anaerobic wastewater treatment systems produce roughly 540,000 m3 per day of biogas at installations around the world. This is utilized to produce an estimated 2,000,000 kWh of heat and 170,000 kWh of electricity every day. This estimate is based on average home electricity usage provided by the U.S. Energy Information Administration.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 150 locations across nine countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life®.
About DESOTEC
DESOTEC, founded in 1990, is the leading European provider of mobile filtration solutions through a unique and circular service concept, which helps protect the planet by enabling clean water, air, and soil. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. Through in-depth expertise of industrial applications and continuous investment in mobile filters, reactivation capacity and well-positioned hubs, DESOTEC ensures that the industry can meet the increasing regulations for a better and cleaner environment. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at www.desotec.com.
About Blackstone
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $951 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com.