Ecolab Inc., a global sustainability leader offering water, hygiene, and infection prevention solutions, has officially published the results from its 2024 Growth & Impact Report, which was designed to document the company’s performance and ongoing progress towards its 2030 Positive Impact ambitions, covering a newly included impact of cumulative total value delivered through the company’s services and solutions.
Going by the available details, this particular report reveals Ecolab’s record financial and sustainability performance, delivered on the back of close collaboration with customers.
For instance, the lowdown in question shares how the company was able to conserve 226 billion gallons of water, something which is equivalent to drinking water needs of more than 781 million people. Furthermore, Ecolab protected well over 1.7 billion people from foodborne illnesses and infections.
The company also successfully avoided 4.6 million metric tons of greenhouse gas emissions (GHG), while simultaneously achieving $9.1 billion in cumulative value from the use of its solutions and services.
Talk about the stated report on a deeper level, we begin from the point of water resilience, where Ecolab continued to build upon its legacy as a cofounder of the Water Resilience Coalition (WRC), which has grown to include 40 companies with a combined market capitalization of $5 trillion. The company also convened second annual forum of California Water Resilience Initiative (CWRI).
Next up, we must cover the work Ecolab did for renewable energy. Here, the company achieved 100% renewable electricity in its EU operations, reaching 71% renewable globally and on track to 100% by 2030.
Another detail worth a mention is rooted in the work Ecolab did in terms of advancing electrification, as the company significantly accelerated efforts to convert its North American sales and service fleet to electric vehicles by 2030.
Turning our attention towards alternative fuels, this particular space saw Ecolab collaborating with an assortment of partners to grow the Minnesota Sustainable Aviation Fuel (SAF) Hub. Alongside that, the company worked next to Greater MSP, Delta Air Lines, Xcel Energy, and Bank of America, all for the purpose of scaling SAF production and use.
Then, we have science-based climate targets, an aspect where Ecolab earned approval from the Science-based Targets initiative (SBTi) for its near- and long-term GHG emissions targets. The company also secured Alliance for Water Stewardship (AWS) certifications, bringing its total count of AWS-certified facilities to 13.
Hold on, we still have a few bits left to unpack, considering we are yet to touch upon how Ecolab avoided 15.9 million pounds of virgin plastic resin. As it did that, the company even launched various new products like the Disinfectant 1 Wipe and Ecolab® ReadyDose™, advancing waste reduction ambitions.
We also haven’t touched upon the fact that Ecolab donated around $21.7 million to global communities through product donations, cash grants, and associate volunteerism. Beyond this, the company would put-together a winning team committed to engagement and inclusion for all associates across its global workforce.
Rounding up highlights would be a piece of detail claiming that Ecolab was further bestowed with accolades for corporate responsibility, climate and water leadership from Ethisphere, CDP, JUST Capital, Dow Jones, Fortune, and others.
Founded way back in 1923, Ecolab’s rise up the ranks stems from offering water, hygiene and infection prevention solutions that protect people, as well as resources vital to life. The company portfolio of solutions currently consists of comprehensive science-based solutions, data-driven insights, and world-class service that all come together to advance food safety, maintain safe environments, and optimize water use.
“Ecolab’s winning formula is to grow fast by growing our impact and growing our team,” said Christophe Beck, Chairman and CEO of Ecolab. “As companies around the world seek a path to greater profitability and resource efficiency, the Ecolab team is showing once again how we can achieve simultaneously great performance and positive impact in our own business while helping our customers deliver the same. I want to thank our team for the incredible performance and positive impact they delivered in 2024 and continue to deliver every day on our path to achieve our 2030 ambition.”
