VOORHEES, N.J.--(BUSINESS WIRE)-- 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.