Saturday, October 29, 2022

Vitesco Technologies Signs “UN CEO Water Mandate For Sustainable Water Management”



* Business leaders from around the world support development of sustainable solutions to global water crisis 

* By joining, Vitesco Technologies commits itself to the responsible use of water 

Andreas Wolf, CEO of Vitesco Technologies, has become one of the first representatives of the automotive supplier industry to sign the CEO “Water Mandate”. Underthe umbrella of the United NationsGlobal Compact, the initiative is supported by business leadersfrom around the world and aims to develop sustainable solutions to the emerging globalwater crisis. 

As a leadinginternational supplier of modern powertrain technologies and electricmobility solutions, Vitesco Technologies also operates sites in water-stressed areas, particularly in Mexico and the USA, and is therefore aware of its special responsibility. As part of its environmental strategy,it strives to continuously improveits sustainability, also with regardto water as a resource. 

“As a member of the CEO Water Mandate, we want to regularly discussbest practice solutionsand current opportunities and risks in the area of water management with other companies,” explains Andreas Wolf, CEO of Vitesco Technologies. “With our risk-basedapproach, we are focusing specifically on regions in the world where water is becomingincreasingly scarce.” 

To achievethis, Vitesco Technologies is primarily pursuingefficiency projects that focus on avoiding water waste and usingthe resource multipletimes. For example,the site in Juarez (Mexico)plans to implementa total of 30 efficiency projects from 2021 to 2024. These range from water conservation for sanitary applications to the use of condensate and rainwater for irrigation and toilet flushing. 

In Seguin (USA), there are plans todivert condensate water from air conditioning and ventilation systemsto cooling towers in 2022. In addition,the company plans to reuse sludge water from cooling towers as gray water for sanitaryfacilities and to collect rainwater. 

This will enable the company to reduce the drinking waterit uses  from the public water supply. 

All Vitesco Technologies sites are consistently and regularlyassessed against the World ResourcesInstitute’s updated risk assessment tools.For the corresponding public reporting on water risks,consequences and activities, the CEO Water Mandateprovides valuable guidance. In somecases, member companiesundertake to measure and monitor operational water performance. Theyformulate explicit goals and strategies for water management within the company,promote efficient water use and assess risks and effectson the respective river basinand their valuechain. The initiative provides an overviewof all member companies at: Endorsing Companies- CEO Water Mandate 

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