American Water Named One of the 100 Most Sustainable U.S. Companies
CAMDEN, N.J.–(BUSINESS WIRE)–American Water Works Company, Inc. (NYSE: AWK), the largest publicly
traded U.S. water and wastewater utility company, announced today it was
named as one of the 100
Most Sustainable Companies by Barron’s Magazine.
“We are extremely proud to have once again been included on this list of
100 most sustainable companies,” said Susan Story, president and CEO of
American Water. “It is our firm belief that companies do well by doing
good. More and more, employees, customers and investors seek to align
themselves and invest with companies that are actively committed to the
betterment of society and make a positive impact and care for the
environment and the communities they serve.”
This is the second year in a row that the American Water was named to
this list. This year, the company ranked highest for New Jersey-based
companies, coming in at No. 23 up from No. 36 last year.
American Water’s dedication to sustainability and being an environmental
leader in the water industry includes reducing its greenhouse gas
emissions (GHG) by 31% through 2017 and reducing it 40% by 2025. The
company has reduced annual water usage by 3.5 billion gallons through
conservation and will invest more than $8 billion to improve aging
infrastructure to reduce and eliminate water leaks.
American Water also recently announced Kevin Kirwan as its new Chief
Environmental Officer to further its commitment to being a leader in
environmental sustainability, caring for the planet, and leading the
nation in outstanding water safety and quality.
Last year, the company was also recognized by The Philadelphia Inquirer
of the top-ranked companies in the Philadelphia region on diversity,
governance, & transparency. American Water also announced
a partnership with the Paradigm for Parity® coalition and its
commitment to further support inclusion and diversity efforts across its
corporate leadership structure by 2030 as well as show support for the
same actions in corporations across the U.S.
The company has also been included in the NAACP
Equity, Inclusion and Empowerment Index and recently was one of 230
companies selected for the 2019 Bloomberg Gender-Equality Index
(GEI) which distinguishes companies committed to transparency in gender
reporting and advancing women’s equality.
About American Water
With a history dating back to 1886, American Water is the largest and
most geographically diverse U.S. publicly traded water and wastewater
utility company. The company employs more than 7,100 dedicated
professionals who provide regulated and market-based drinking water,
wastewater and other related services to more than 14 million people in
46 states and Ontario, Canada. American Water provides safe, clean,
affordable and reliable water services to our customers to make sure we
keep their lives flowing. For more information, visit amwater.com
and follow American Water on Twitter,
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External Affairs Manager