This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

American Water Becomes First U.S. Water Utility Named To Dow Jones Sustainability North America Index

American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, has been named to the 2012 Dow Jones Sustainability North America Index (DJSI).

“Being recognized by the Dow Jones Sustainability North America Index represents a stake in the ground for the U.S. water industry around the importance of corporate responsibility,” said Jeff Sterba, president and CEO of American Water. “Our corporate responsibility practices represent a significant commitment by our organization and employees to a strong code of ethics, corporate governance, environmental sustainability, employee engagement and community involvement.”

American Water is the first U.S. water utility to be included in the DJSI annual listing. The company scored among the best companies in the categories of corporate governance, corporate philanthropy, environmental policy and management systems, stakeholder engagement and Codes of Conduct.

“We are especially honored to be the first U.S. water utility named to the DJSI,” Sterba added. “Today’s new water reality presents challenges to the entire water and wastewater industry, from climate variability and aging infrastructure to increasing water quality regulation and changes in water demand. Having a strategic approach to corporate responsibility that helps American Water address each issue from a sustainability perspective has never been more important.”

American Water issued its first full corporate responsibility report in 2011, becoming the first U.S. water and wastewater company to report on environmental, social and governance (ESG) performance against Global Reporting Index (GRI) guidelines. The report can be found on the company’s website at the following URL: http://www.amwater.com/CRReport.

Launched in 1999, the DJSI tracks the financial performance of leading sustainability-driven companies worldwide. The annual review of the Sustainability Indexes is based on a thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices. There are 318 companies listed in the 2010/11 World Index, and 140 companies listed in the North America Index, which captures the top 20 percent of the 600 largest companies in the United States and Canada. The index is compiled annually by Dow Jones and the Zurich-based Sustainable Asset Management Group. More information is available at http://www.sustainability-index.com.

Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 15 million people in more than 30 states and parts of Canada. More information can be found at www.amwater.com.

Click here to subscribe to Mobile Alerts for American Water.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs