American Water Recognized in Barron’s 100 Most Sustainable U.S. Companies 2024 List

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American Water (AWK) has been recognized by Barron's as one of the 100 Most Sustainable Companies 2024 for the seventh consecutive year, ranking 31st overall and as the highest-ranked water and wastewater utility. The company's commitment to sustainability is evident through various awards and recognition, showcasing its dedication to environmental, social, and governance performance.

CAMDEN, N.J.--(BUSINESS WIRE)-- American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it was recognized by Barron’s as one of the 100 Most Sustainable Companies 2024 for the seventh consecutive year. American Water was listed as the highest-ranked water and wastewater utility and ranked 31^st overall.

“American Water is proud to again be included on Barron’s list of most sustainable companies,” said Cheryl Norton, Executive Vice President and Chief Operating Officer, American Water. "Delivering safe, clean, reliable and affordable drinking water and treating wastewater, is fundamental to our business. Being included on this list confirms that how a company operates is just as important as what a company does.”

The list is compiled by Barron's in collaboration with Calvert Research and Management based on environmental, social and governance performance by the 1,000 largest publicly held companies, measured by market capitalization. Calvert rates company performance according to five key stakeholder categories: shareholders, employees, customers, community, and planet, and determines rankings based on more than 230 performance indicators.

American Water’s commitment to sustainability provides a powerful foundation to help drive the company’s performance, growth strategy and environmental leadership in the water and wastewater industry. The company will invest $34 to $38 billion over the next ten years to reinforce the quality and reliability of its services, and to bring water and wastewater solutions to communities across the country.

Additionally, American Water has received various awards and recognition for its sustainability efforts, including:

• Top 10 percent of America’s Most JUST Companies by JUST Capital and CNBC;
• Ranked number one in the utilities industry for the 2024 Forbes America’s Best Large Employers;
• Recognized on Newsweek’s America’s Most Responsible Companies 2024 List;
• Included in the Bloomberg Gender-Equality Index for fifth consecutive year;
• and received the 2024 Military Friendly® Gold Employer designation.

Learn more about American Water’s demonstrated sustainability leadership here.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240312541878/en/

ESG Contact:

Janelle McNally

Senior Manager, Investor Relations & ESG

856-571-0187

janelle.mcnally@amwater.com

Media Contact:

Alicia Barbieri

Director, Communications and External Affairs

American Water

856-676-8103

alicia.barbieri@amwater.com

Source: American Water

FAQ

Why was American Water recognized by Barron's?

American Water was recognized by Barron's as one of the 100 Most Sustainable Companies 2024 for the seventh consecutive year.

What is American Water's ranking on the list?

American Water ranked 31st overall and as the highest-ranked water and wastewater utility.

How is company performance rated by Calvert Research and Management?

Calvert rates company performance based on environmental, social, and governance performance in five key stakeholder categories: shareholders, employees, customers, community, and planet.

What is American Water's investment plan for the next ten years?

American Water plans to invest $34 to $38 billion over the next ten years to reinforce the quality and reliability of its services and bring water and wastewater solutions to communities.

What are some of the awards and recognition received by American Water for its sustainability efforts?

American Water has received various awards, including being in the Top 10 percent of America’s Most JUST Companies, ranked number one in the utilities industry for Forbes America’s Best Large Employers, and included in the Bloomberg Gender-Equality Index for the fifth consecutive year.

What designation did American Water receive in 2024?

American Water received the 2024 Military Friendly® Gold Employer designation.