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California Water Service Group Honored as One of “America’s Most Responsible Companies” by Newsweek

Published: 2022-12-07 21:15:00 ET

SAN JOSE, Calif., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Newsweek magazine today recognized California Water Service Group (Group) (NYSE: CWT) on its 2023 list of “America’s Most Responsible Companies.” The distinction was presented to Group for the second year in a row by Newsweek and Statista Inc., the world’s leading statistics portal and industry ranking provider, for the utility’s efforts related to environmental, social, and governance (ESG) matters.

Group ranked second among water utilities and 127th overall among all companies nationwide. The list includes companies across 14 industries and recognizes the top 500 out of 2,000 of the largest public companies by revenue.

America’s Most Responsible Companies were selected based on publicly available key performance indicators (KPIs) derived from corporate social responsibility, sustainability, and other reports as well as an independent survey. The KPIs focused on company performance in ESG areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate social responsibility.

“California Water Service Group is honored to again be recognized by Newsweek for the work we do year-round to care for the environment and enhance the quality of life for our customers, communities, employees, and stockholders,” said Martin A. Kropelnicki, Group President & CEO.

The full listing is published at www.newsweek.com/rankings/americas-most-responsible-companies-2023.

About California Water Service Group

California Water Service Group (NYSE: CWT) is the largest regulated water utility in the western United States. It provides high-quality, reliable water and/or wastewater services to more than 2 million people in California, Hawaii, New Mexico, Washington, and Texas through its regulated subsidiaries, California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, and its utility holding company, Texas Water Service.

What sets Group apart is its commitment to enhancing the quality of life for its customers, communities, employees, and stockholders. Guided daily by their promise to provide quality, service, and value, Group’s 1,100+ employees lead the way in protecting the planet, caring for people, and operating with the utmost integrity. Integral to Group’s strategy is investing responsibly in water and wastewater infrastructure, sustainability initiatives, and community well-being. The company has been named one of “America’s Most Responsible Companies” by Newsweek and a Great Place to Work®. More information is available at www.calwatergroup.com.

Media ContactYvonne Kingmanykingman@calwater.com310-257-1434

Source: California Water Service Group

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.