Water stewardship remains a crucial element of our environmental strategy and we are working with our regional teams to implement processes and initiatives that reduce our water intake and improve our water withdrawal and discharge tracking.
Our water management programs include incorporating closed-loop and water quenching systems to replace once-through cooling systems, reducing sanitary water consumption and identifying and repairing water leaks. As a result, we have been able to successfully reduce our water withdrawal intensity over the last three years. In 2021, we reduced our water withdrawal by ~22% compared with 2020, from 77.8 cubic meters/US$M Net Sales in 2020 to 61.0 cubic meters/US$M Net Sales in 2021. As a result, we have already met our 2025 target to reduce our water withdrawal for manufacturing / warehouse operations by at least 15%, and our upcoming sustainability executional roadmap will set out our next ambitious target.