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Making Better Essential: Pentair Releases 2024 Sustainability Report

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Making Better Essential: Pentair Releases 2024 Sustainability Report
News

News

Making Better Essential: Pentair Releases 2024 Sustainability Report

2025-04-17 18:55 Last Updated At:19:00

LONDON--(BUSINESS WIRE)--Apr 17, 2025--

Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today released its 2024 Sustainability Report, reporting on the Company’s efforts to build a more resilient future for its business and the world.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250417965034/en/

In the Report, Pentair highlights its efforts toward Making Better Essential including the achievement of social responsibility strategic targets, establishment of new sustainability strategic targets, and advancement of sustainability leadership through a focus on sustainable product design.

“At Pentair, we are inspired each day by our purpose to create a better world for people and the planet through smart, sustainable water solutions,” said John L. Stauch, Pentair President and CEO. “I am extremely proud of our progress to significantly reduce our own water withdrawal and greenhouse gas emissions. This progress allowed us to achieve our social responsibility strategic targets released in 2021 in these areas in 2024, well ahead of our 2030 goal for achievement of these targets.”

Pentair’s social responsibility strategic targets achieved in 2024 include:

With having achieved significant milestones in 2024, Pentair announced new Sustainability Strategic Targets as follows:

“As we look to the future, we are focused on continuing our leadership in the water industry through sustainable innovation that helps our customers move, improve and enjoy water,” said Karla Robertson, Executive Vice President, Chief Sustainability Officer, General Counsel and Secretary of Pentair. “I am so proud of our significant achievements in 2024, and I am even more proud to work alongside our nearly 10,000 employees and Board of Directors as we continue to focus on delivering value for our stakeholders while creating a more sustainable future.”

The 2024 Sustainability Report also highlights examples of Pentair’s product design for sustainability efforts that are focused on increasing value for its customers while reducing environmental impacts across the product lifecycle. These efforts demonstrate the power of aligning Pentair’s sustainability strategy with its business strategy to deliver positive impacts for its customers, and for people and the planet. Pentair continues to be recognized for its leadership in sustainability and was named as a Top 100 Sustainable Company in 2024 by Investor’s Business Daily for its positive contribution to the environment through business activities and strong stock performance.

To learn more about Pentair’s strategic targets and its 2024 Sustainability Report, visit https://www.pentair.com/en-us/sustainability.html

ABOUT PENTAIR

At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.

Pentair had revenue in 2024 of approximately $4.1 billion, and trades under the ticker symbol PNR. With approximately 9,750 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit www.pentair.com.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This report contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “should,” “would,” “could,” “positioned,” “strategy,” or “future,” or words, phrases, or terms of similar substance or the negative thereof, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including the risk that we will be unable to execute our strategy or achieve our sustainability targets because of market or competitive conditions. All forward-looking statements speak only as of the date of this report. Pentair plc assumes no obligation, and disclaims any obligation, to update the information contained in this report. For additional information about factors that could cause actual results to differ materially from our expectations, refer to our reports filed with the SEC, including the discussion under “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024.

 

Pentair's annual Sustainability Report showcases the Company's efforts to support a more sustainable future.

Pentair's annual Sustainability Report showcases the Company's efforts to support a more sustainable future.

Days after the state’s primary, California voters are in a familiar position -- waiting to find out which candidates will go on to the general election in their most high-profile races, for governor and Los Angeles mayor.

It’s not surprising those have yet to be resolved, along with several closely contested congressional races, because the state routinely takes days, or even weeks, to fully tally races. Nor is it unusual for President Donald Trump to complain about the pace of the count and allege fraud, as he did Thursday. It’s something he’s done repeatedly in the past.

What was unusual was that Trump announced that his Department of Justice was investigating the count: “Why the vote counting DELAY???,” the president posted on his social media account.

He suggested that the state's Democrats were somehow cheating so two candidates he favors — Republican Steve Hilton in the governor's race and Spencer Pratt in the nonpartisan mayor's race — would be bumped from the top two slots and therefore ineligible for the November general election.

“You see what’s happening in California, they’re rigging the election," he told reporters during an Oval Office gathering Thursday.

Trump's posts prompted a response from Democratic Gov. Gavin Newsom, whose press office posted a clip of a CNN video explaining how the nation’s most populous state prioritizes accuracy and accessibility over speed, drawing out the count.

“For the record: we wish the votes were counted faster, too,” Newsom’s office posted.

A spokesman for the U.S. Attorney’s Office in Los Angeles declined to comment about whether it was investigating the ballot counting.

The law in California practically mandates a drawn-out count. Ballots are mailed to every eligible voter — some 23 million of them — and the state has permissive rules for returning them. They will be counted if they are postmarked by Election Day and arrive at an election office within seven days.

Only after the polls have closed and most of the country has gone to sleep can local election workers begin the lengthy process of verifying the legitimacy of the late-arriving mail ballots and then start to tabulate them.

If a voters' signature on the ballot envelope doesn't match what's on file, election officials are required to give those voters a chance to come in and prove their identity so the ballot will count, delaying a final tally further.

“We might not like how California administers its elections (and I don’t),” wrote Stephen Richer a former Republican election official in Maricopa County, Arizona, on the social platform X. “But that doesn’t make it fraud.”

Last year, Newsom signed a bill requiring the vote count to be completed within 13 days, rather than the previous 30 days. To get an extension, counties must inform the Secretary of State's Office that they have a reason for a delay.

That's not quick enough for the president: “The Dumocrats are at it again!” the president wrote on his social media platform. “They are trying to STEAL THE GOVERNOR OF CALIFORNIA PRIMARY, AND THE MAYOR OF LOS ANGELES, PRIMARY, AWAY FROM TWO GREAT REPUBLICAN CANDIDATES. Here we go with the very late and massive numbers of MAIL IN BALLOTS.”

State Assemblymember Marc Berman, a Democrat who wrote the bill to accelerate ballot counting, said Trump’s comments were disappointing and “a lie.”

“While Trump is laser focused on lying about our elections and undermining voters’ faith in our democracy, so that Republicans can then try to pass policies like Voter ID laws that make it harder for people to vote, our priority is to make sure that every validly cast ballot is counted,” he said in a statement.

Some experts warned that the count from Tuesday's primary might take even longer than after previous elections.

“What compounds things this time around is that Democrats have been holding on to their ballots,” said Rick Hasen, a UCLA law professor.

The state's millions of Democrats this year were exceptionally slow to send in their ballots, apparently waiting until the last minute to make a selection in the ever-evolving governor's race. The state operates a primary in which the top two vote-getters, regardless of party, move on to the general election, and Democrats had been fretting for months that having so many Democrats in the race would splinter the vote in such a way that two Republicans would claim the top two spots.

Democratic voters appeared to wait until the end to see which of their candidates were emerging as favorites. The high number of late ballots will likely make the delay in getting final counts even greater.

California Secretary of State Shirley Weber issued a statement Thursday saying the state's priority was ensuring the tally is done correctly. “Accuracy comes before speed,” she said.

While millions of ballots have been counted by now, it's the uncounted ones that loom largest for close races.

Despite being an overwhelmingly Democratic state, California has featured some of the nation's closest congressional elections, sometimes decided by just a few hundred votes, so there's often no way to determine a winner until the weekslong ballot count has concluded. In 2024, one House race wasn't called until December.

Things get even more complicated in a primary election, such as Tuesday's. That's because the news isn't just the top vote-getter but also the second place finisher. To know the true outcome of any race, enough votes need to be tallied to know for certain who finished in first and second.

Another side effect of the enormous crush of late mail ballots that get tallied last is that the final vote gets more and more Democratic. That's because Republicans are more likely to return their ballots early or vote in person, on Election Day. Those ballots get counted first.

The gradual shifting of the vote to Democrats as ballot counting goes on has sparked all sorts of conspiracy theories.

Republicans have long complained about the California count, even though the GOP did well in close House races in the state in 2024. The Republican National Committee filed lawsuits in other states challenging the legality of counting mail ballots that arrive after Election Day and the U.S. Supreme Court is poised to rule on the issue sometime this month.

But worries about the California vote count aren't only a partisan issue. Voting advocates have urged state lawmakers to better fund local election offices so they can process the avalanche of late-arriving ballots faster.

“The Legislature needs to throw a lot more money to get the count quicker,” Hasen said.

Associated Press writers Christopher Weber in Los Angeles and Sophie Austin in Sacramento contributed to this report.

Ballots are inspected the day after California's primary election at the LA County Ballot Processing Center Wednesday, June 3, 2026, in City of Industry, Calif. (AP Photo/Jae C. Hong)

Ballots are inspected the day after California's primary election at the LA County Ballot Processing Center Wednesday, June 3, 2026, in City of Industry, Calif. (AP Photo/Jae C. Hong)

Ballots are sorted the day after California's primary election at the LA County Ballot Processing Center Wednesday, June 3, 2026, in City of Industry, Calif. (AP Photo/Jae C. Hong)

Ballots are sorted the day after California's primary election at the LA County Ballot Processing Center Wednesday, June 3, 2026, in City of Industry, Calif. (AP Photo/Jae C. Hong)

Workers sort ballots the day after California's primary election at the Los Angeles County Ballot Processing Center Wednesday, June 3, 2026, in City of Industry, Calif. (AP Photo/Jae C. Hong)

Workers sort ballots the day after California's primary election at the Los Angeles County Ballot Processing Center Wednesday, June 3, 2026, in City of Industry, Calif. (AP Photo/Jae C. Hong)

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