Ecolab Chairman Douglas M. Baker, Jr., Recognized With 2021 C.K. Prahalad Award for Global Business Sustainability Leadership
Award honors those exemplifying the fundamental connection between sustainability, innovation and long-term business success in a globalizing world
AUSTIN, Texas – Oct. 12, 2021 – Corporate Eco Forum (CEF), an organization comprised of leading companies committed to sustainability as a business strategy, presented the 2021 C.K. Prahalad Award for Global Business Sustainability Leadership to Ecolab Chairman and former CEO Douglas M. Baker, Jr.
“Doug has always been a visionary leader, putting sustainability at the heart of his company’s growth strategy,” said CEF Chair and Co-Founder P.J. Simmons. “He truly exemplifies the principles C.K. Prahalad espoused and offers an inspiring example of how to lead a company during these tumultuous times.”
During his tenure as CEO from 2004 to 2021, Baker was outspoken in his effort to educate the business community about corporate responsibility and the business risks of global water scarcity and the need to account for the true value of water in financial decision making.
Baker believed business had an imperative to act to ensure the world’s future prosperity through sustainable innovation and collaboration. Under his leadership, Ecolab became one of the largest water management companies in the world and more than tripled its net sales, while focused on sustainability, water management and carbon reduction.
“Water is one of the world’s most precious resources and vital to the health of society and industry,” said Baker. “I am honored to receive this award from CEF, and I accept it on behalf of the entire Ecolab team and their vision and motivation to promote responsible water use.”
"Water is one of the world’s most precious resources and vital to the health of society and industry. I am honored to receive this award from CEF, and I accept it on behalf of the entire Ecolab team and their vision and motivation to promote responsible water use."
Douglas Baker, Jr.
Ecolab Chairman and former CEO
Under Baker’s leadership, Ecolab joined the Business Ambition for 1.5⁰C, pledging to reduce its emissions by 50% by 2030 and to net-zero by 2050, and led the way in the formation of the Water Resilience Coalition, an initiative of the UN Global Compact CEO Water Mandate.
Baker proved that foresight about water and climate risks was critical to business success. The company helped its customers in more than 170 countries conserve 206 billion gallons of water in 2020, equivalent to the annual drinking water needs of 712 million people. And Ecolab is on track to achieve its goal of saving 300 billion gallons of water—enough for one billion people—by 2030.