Ecolab

RATING

SECTOR

Basic Materials

WEBSITE

CONTACT

1 Ecolab Place

St. Paul, MN 55102

USA

STOCK EXCHANGE

LISTING

  • BEST EMPLOYERS FOR WOMEN (Forbes)
  • ECOLAB RECEIVES A PERFECT SCORE ON THE 2019 CORPORATE EQUALITY INDEX (Human Rights Campaign Foundation)
  • WORLD’S MOST SUSTAINABLE CORPORATIONS (Corporate Knights – Ranked #32)
  • BEST EMPLOYER FOR DIVERSITY (Forbes – Ranked #18 in Business Services)
  • WORLD’S MOST ADMIRED COMPANIES (Fortune – Ranked #2 in Chemicals Industry)
  • 100 BEST CORPORATE CITIZENS (CR Magazine – Ranked #8)
  • WORLD’S MOST ETHICAL COMPANIES (Ethisphere -13th Consecutive Year)
  • 100 MOST SUSTAINABLE COMPANIES (Barron’s – Ranked #26)
  • FTSE4GOOD (FTSE Index Company – 4th Consecutive Year)
  • 100 BEST CORPORATE CITIZENS (Corporate Responsibility Magazine – Ranked #8)

EMPLOYEES

49,000

CHIEF SUSTAINABILITY OFFICER

Emilio Tenuta

AWARDS

SUSTAINABLE DEVELOPMENT GOLD MEDAL (World Environment Council – Gold Medal for Sustainable Development)

CONTENT SOURCE

FURTHER READING

Ecolab

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

Company Activity

Ecolab, Inc. engages in the provision of technology and services in the field of water, hygiene, and energy. The firm supports the foodservice, food processing, hospitality, healthcare, industrial, and gas industries. It operates through the following segments Global Industrial, Global Institutional, Global Energy, Other, and Corporate. The Global Industrial segment provides water treatment and process applications; and cleaning and sanitizing solutions. The Global Institutional segment specializes in cleaning and sanitizing products among foodservice, hospitality, lodging, healthcare, government, education, and retail markets. The Global Energy segment serves the process chemical and water treatment needs of the petroleum and petrochemical industries. The Other segment refers to pest elimination and kitchen equipment repair; and maintenance in restaurants, food, and beverages processing plants; as well as educational and healthcare facilities, hotels, quick service restaurants and grocery operation, and other customers. The Corporate segment covers corporate activities. The company was founded by Merritt J. Osborn in 1923 and is headquartered in St. Paul, MN.

Company Sustainable Activity

CLEAN WATER 

  • Conserve more than 188 Billion gallons of water 
  • Manage 1.1 trillion gallon of water 
  • Conserve drinking water for 650 million people
  • Work to help customers save  300 billion gallons of waters by 2030

SALE FOOD 

  • Safely produce more than 25% of the world’s processed food
  • Safely produce 44% of the global milk supply 
  • Support clean kitchens, serving 45 billion restaurants meals
  • Help customers prevent more than 1 million food-borne illnesses each year 

ABUNDANT ENERGY 

  • Conserve more than 19 trillion btus 
  • Reduce the water and energy footprint of 40% of the world’s petroleum production 
  • Generate more than 20% of the world’s power 
  • Avoid 2.4 billion pounds of greenhouse gas emissions
  • Aim to reduce CO2e by 10% in their own operations by 2020 and are well on their way to exceeding that goal.

HEALTHY ENVIRONMENTS 

  • Clean more than 40 billion hands 
  • Delight guests with more than 800 million clean hotel rooms 
  • Clean 6 million patient rooms 
  • Helps hotel clean more than 110 million loads of linens
  • Work to help healthcare facilities reduce the risk of healthcare – associated infections for as many as 10 000 people annually. 

→ Deeper Dive into Ecolab

According to Ecolab, “With Sustainable Development Goal 6, the UN calls for ensuring “availability and sustainable management of water and sanitation for all” by 2030. Because we help our customers manage more than a trillion gallons of water every year, there is no company that can do more to help businesses contribute to that goal than Ecolab. If we want to help the one in nine people on Earth whose basic water needs are unmet, support the more than two billion who live in water-stressed areas today and preserve the global growth that has lifted hundreds of millions out of poverty in recent decades, industry will have to do more with less water. That goal is attainable, but the reality is that corporate water usage hasn’t fallen nearly enough. At Ecolab, we help companies of all sizes reduce, reuse and recycle water, so they can work more efficiently and grow sustainably. As an industrial water user ourself, we also know the value of stewardship —collaborating with other stakeholders in the places where we operate to care for shared water resources. We are working with our customers, public institutions and non-governmental organizations to expand smart water management practices around the world. Water stewardship is a crucial aspect of protecting the planet, but it also allows us to build successful, resilient businesses and a forward-looking economy in which people and communities can thrive.”

ASSESSING THE FULL VALUE OF WATER 

The real value of water for a company is not the same as what appears on its monthly water bill. To business, the cost of water scarcity is often significantly higher than its nominal price. Ecolab’s Water Risk Monetizer, a publicly available tool launched in 2014 in collaboration with Microsoft and Trucost and updated in 2017, places a dollar value on water risk for each of a user’s facilities. It provides actionable insights that help companies develop sound business strategies and positions them for growth in an increasingly water-scarce world. www.waterriskmonetizer.com

BRIDGING THE GAP BETWEEN CORPORATE WATER GOALS AND REAL RESULTS

 Most companies have water reduction goals, but too many don’t know how to achieve them. To close the gap, they launched the Ecolab Smart Water Navigator in partnership with industry-leading advisors. Drawing from an online assessment, the tool generates a step-by-step guide for each facility, tailored to its industry, location and current water performance. Using the guide, facilities can improve their practices until they master truly circular water management and become “Water-smart.” The tool is free and publicly available for companies in any industry, anywhere in the world, whether they manage one facility or hundreds. www.smartwaternavigator.com

Certificates

  • ISO 9001 
  • ISO 14001
  • RESPONSIBLE CARE® 14001 (RC14001®)
  • OHSAS 18001
  • ISO 13485:2016

Sustainable Development Goals

How company covers SDGs 6

→ Ensure the availability and sustainable management of water and sanitation for all

Progress

LEAD BY EXAMPLE 

Their impact through customers is exponentially larger than the savings they achieve at their own facilities. In 2018, they helped their global partners save 188 billion gallons of water, equivalent to the annual drinking water needs of 650 million people. they are on track to meet their goal of saving 300 billion gallons annually—equal to the needs of one billion people—by 2030. They also helped their customers conserve more than 19 trillion BTUs of energy and avoid 2.4 billion pounds of greenhouse gas emissions. In their own operations, they reduced water withdrawals on an intensity basis by 1.4 percent from a 2015 baseline toward their goal of a 25 percent intensity-based reduction by 2020. They plan to bring further water-saving projects to completion by the end of 2020 to accelerate their progress. At their plant in Clearing, Illinois, Ecolab’s largest water user, they installed a top-of-the line water reclamation system that will reduce the plant’s water use by up to 20 percent when the system is at full capacity (see page 32). Their Garyville, Louisiana, plant has reduced its water intake by 85,000 gallons a day, reusing filtered Mississippi River water (see page 32). In 2018, they reduced their greenhouse gas emissions on an intensity basis by 8.4 percent from a 2015 baseline, close to their goal of 10 percent by 2020. They shifted their reporting from a location-based method to a market-based one, aligned with best practice standards, so they could account for their growing renewable electricity purchases and on-site generation. The drivers for their emissions reductions are renewable electricity purchases in Europe and increased overall water and energy efficiency. Thanks to a North American renewable electricity deal they signed in 2018 

Ecolab appears to be very aligned with high expectations expected from a company working according to the Paris agreement. Indeed they hold international certificates (ISO 14001, …) and global recognition (Corporate Knight global 100, Barron’s …).  They do not hold preliminary certificates but thanks to their commitment they are rated as an B.

Videos

Share this Post