Watts Water Technologies, Inc. Joins the United Nations Global Compact

Rhea-AI Summary

Watts Water Technologies, Inc. (NYSE: WTS) has joined the United Nations Global Compact (UNGC), a platform aimed at promoting responsible business practices. This participation emphasizes the company's commitment to the UNGC's Ten Principles concerning human rights, labor, environment, and anti-corruption. CEO Robert J. Pagano, Jr. stated that integrating these principles into the company's culture will enhance its sustainability strategy. Watts' Environmental, Social, and Governance (ESG) program has been recognized by Newsweek as one of America’s Most Responsible Companies for three consecutive years.

Positive

• Participation in the UNGC enhances Watts' sustainability and ESG efforts.
• Recognition as one of America’s Most Responsible Companies for three consecutive years by Newsweek.

Negative

• None.

NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water Technologies, Inc. (NYSE: WTS), a leading global manufacturer of plumbing, heating and water quality products and solutions, announced today it joined the United Nations Global Compact Initiative (UNGC) – a voluntary leadership platform for the development, implementation and disclosure of responsible business practices.

As a participant, Watts will leverage the Ten Principles of the UN Global Compact on human rights, labor, environment and anti-corruption, as the company furthers its pledge to being an equitable and sustainable company.

“We are committed to making the UNGC and its principles part of the strategy, culture and day-to-day operations of our company, and to engaging in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals,” said Robert J. Pagano, Jr., Chief Executive Officer, President & Chairperson of the Board. “For over 145 years, Watts has built a diverse portfolio of technologies and solutions that safeguard the flow of water, improve water conservation and drive energy efficiencies. Joining this initiative allows Watts to double down on our longtime efforts to enhance the comfort, safety and quality of life for people around the world.”

Participation in the UNGC is a critical aspect of the company’s overall Environmental, Social and Governance (ESG) program, which was recently recognized as one of America’s Most Responsible Companies for the third consecutive year by Newsweek magazine.

To learn more about Watts’ ESG efforts, read the company’s Sustainability Report or visit www.watts.com/our-story/sustainability.

Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and industrial applications. The company employs 4,600 people across 24 countries. For more information visit www.watts.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220505006152/en/

Ayomi Gomes

Watts Water Technologies, Inc.

978-387-2262

ayomi.gomes@wattswater.com

Source: Watts Water Technologies, Inc

FAQ

What recent initiative did Watts Water Technologies (WTS) join?

Watts Water Technologies joined the United Nations Global Compact (UNGC) initiative.

How does joining UNGC impact Watts (WTS)?

Joining UNGC underscores Watts' commitment to responsible business practices and enhances its sustainability strategy.

What recognition did Watts (WTS) receive for its ESG efforts?

Watts was recognized by Newsweek as one of America’s Most Responsible Companies for three consecutive years.

Who is the CEO of Watts Water Technologies (WTS)?

The CEO of Watts Water Technologies is Robert J. Pagano, Jr.