Ecolab’s efforts to help customers reduce, reuse, manage and treat water more efficiently led to a savings of 115 billion gallons of water in 2014, according to the company’s 2014 Corporate Sustainability Report, released Thursday.
The company also launched the Water Risk Monetizer, a free public tool designed to help change the way water is valued and managed by all water users.
Ecolab says its mission is “to provide and protect what is vital: clean water, safe food, abundant energy and healthy environments.” Through partnerships with customers, NGOs and communities, the company helps address some of the world’s most urgent resource and business challenges.
The company works with customers in more than 40 industries to help mitigate risks and reduce environmental impacts across the entire value chain. Ecolab often works behind the scenes to help customers improve performance, meet increasing demand and reduce environmental impact — including raw materials, production and manufacturing and retail and service environments, among others.
In 2014, the company set aggressive new goals to reduce water, energy, effluent and waste across its global operations. To help meet these goals, Ecolab launched Solutions for Life, a global giving program to enhance to help conserve water and improve hygiene around the world through collaborations with NGOs, global philanthropy and employee volunteerism. The company announced an initial commitment of $3.5 million over the next three years to support Solutions for Life initiatives through partnerships with The Nature Conservancy and Project WET Foundation.
In 2014, Ecolab was recognized several times for its sustainability leadership. The company was named to the FTSE4Good Index, The Civic 50, CR Magazine’s 100 Best Corporate Citizens and Newsweek’s Green Rankings. The company also was recognized for having the best environmental management of all the companies in the Russell 3000 index.