Pentair Releases 2016 Corporate Responsibility Report
April 12 2017 - 09:00AM
LONDON - April 12, 2017 - Pentair (NYSE: PNR), a
global company dedicated to building a safer, more sustainable
world, announces the release of its 2016 Corporate Responsibility
(CR) Report.
"Pentair is a company built on a strong foundation
of Win Right values, which grounds our role as a responsible
corporate citizen," said Randall J. Hogan, Pentair Chairman and
CEO. "In 2016, we renewed and continued to formalize our commitment
to citizenship and sustainability, and this report is an important
step in sharing our progress with our stakeholders."
Based on the Global Reporting Initiatives (GRI) G4
Guidelines, the report is organized around Pentair's CR material
issues including sustainable products and solutions, operational
excellence, employee engagement, community involvement and
philanthropic giving, and governance.
In the report, Pentair highlights examples of how
the company is delivering industry-leading products, services and
solutions to help customers make the best use of the resources they
rely on most. For instance, 65 percent of Pentair's solutions from
its Water segment support water efficiency, helping to reduce,
reuse or recover water, directly or indirectly. Seventy-five
percent of Pentair solutions support energy efficiency, by
requiring less energy to operate, or by aiding broader systems to
operate more efficiently.
Additionally, the report highlights initiatives
the company is taking to reduce the environmental impact of its own
operations, including the company's annual "Environmental Treasure
Hunt" during which site-level teams look for creative ways to drive
efficiencies in energy and water use, as well as to reduce waste
and emissions. In 2016, Pentair implemented 55 employee solutions,
generating $714,000 in resource efficiency savings.
To view and download Pentair's 2016 Corporate
Responsibility Report, click here.
ABOUT PENTAIR
Pentair plc (NYSE: PNR) is a global company dedicated
to building a safer, more sustainable world. Pentair delivers
industry leading products, services and solutions that help people
make the best use of the resources they rely on most. Its
technology moves the world forward by ensuring that water is
plentiful, useful and pure, and that critical equipment and those
near it are protected. With 2016 revenues of $4.9 billion, Pentair
employs approximately 19,000 people worldwide. To learn more, visit
pentair.com.
# # #
Media Contact:
Rebecca Osborn - Pentair Communications
Direct: +1 763 656 5580
Email: rebecca.osborn@pentair.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Pentair plc via Globenewswire
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