Salesforce.com Inc (NYSE:CRM) Reports Unique Water Recycling Setup For Salesforce Tower

0
799

Salesforce.com Inc (NYSE:CRM) reported that Salesforce Tower, which was launched to the first group of company employees recently, will showcase the unique on-site water recycling mechanism in a commercial high-rise building in the U.S. This is a transformative achievement in the firm’s current sustainability journey as well as the first of its type for the City of San Francisco.

The buzz

As per the report, in Salesforce Tower, wastewater from different sources such as cooling towers, rooftop rainwater collection, sinks, toilets, urinals and showers will be collected, then will be treated in centralized treatment center. Post that it would be recirculated via a separate pipe system for non-potable applications in the building. This system will lower drinking water demand by saving as much as 7.8 million gallons of fresh water a year, equivalent to the yearly water consumption of 16,000 residents in San Francisco.

In collaboration with Boston Properties and the City of San Francisco, the company will install blackwater system in Salesforce Tower making it the preliminary association in the U.S. between a city building owner, a tenant and government to support blackwater recycle in a commercial high-rise building. Salesforce reported that this system will offer water recycling for tenants in Salesforce Tower and provides a blueprint for the way other firms seeking to make a promising impact in the world can result in sustainable innovation.

The unique water recycling system marks as the latest instance of company’s commitment to the environment via green building initiatives. Salesforce has even achieved or is following green building certification in 64% of its international office spaces as well as LEED Platinum certification for three buildings located in its San Francisco headquarters.

In the last trading session, the stock price of Salesforce gained 0.28% to close the day at $109.10. The gains came at a share volume of 3.66 million compared to average share volume of 4.21 million.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.