American Water Named to Dow Jones Sustainability North America Index For Second Consecutive Year
VOORHEES, N.J.--(BUSINESS WIRE)-- American Water (NYSE: AWK), the nations largest publicly traded water and wastewater utility company, has been named to the 2013 Dow Jones Sustainability North America Index (DJSI), the second consecutive year the company received this honor.
We are privileged to be recognized by the Dow Jones Sustainability (DJSI) North America Index for the second consecutive year, said Jeff Sterba, president and CEO of American Water. "Benchmarking our corporate responsibility practices against the DJSI's rigorous standards supports our continuous effort to explore and improve the impacts of our business on society and the environment. This is a testament to our commitment to ensure American Water is operated with the utmost integrity, and protects the sustainability of its business and the resources it stewards for generations to come."
In 2012, American Water was the first U.S. water utility to be included in the DJSI annual listing and is again the only water utility that made the list. The company showed the greatest increase in the categories of customer relationship management, human capital development and climate strategy.
We are especially honored to be the only U.S. water utility named to the DJSI, Sterba added. Todays new water reality presents challenges to the entire water and wastewater industry. From reducing greenhouse gas emissions to enhancing customer service and employee engagement, we are focused on conducting business responsibly and delivering sustainable value to our customers, shareholders and the communities we serve."
American Water recently issued its second biennial corporate responsibility report, covering performance for the 2011 and 2012 fiscal years. The report is set against the Global Reporting Index (GRI) guidelines is self-declared at GRI Application Level B. The report can be found on the companys 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 approximately 6,700 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 14 million people in more than 30 states and parts of Canada. More information can be found at www.amwater.com.
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Source: American WaterCopyright Business Wire 2013