American Water Included in 2021 Bloomberg Gender-Equality Index
January 27 2021 - 10:00AM
Business Wire
American Water (NYSE: AWK), the largest publicly-traded U.S.
water and wastewater utility company, announced today that it is
one of 380 companies across 11 sectors included in the 2021
Bloomberg Gender-Equality Index (GEI). This is the third
consecutive year that American Water has been included in this
index. The GEI expanded in 2021 to represent 44 countries and
regions, including firms headquartered in Indonesia and Bermuda for
the first time. Companies range from a variety of industries,
including automotive, banking, consumer services, engineering and
construction, and retail.
“American Water is proud to be included in the 2021 Bloomberg
Gender-Equality Index and be recognized for our longstanding
commitment to gender equality throughout our company,” said Walter
Lynch, President & CEO of American Water. “At American Water,
diversity of backgrounds, ideas, thoughts, and experiences is vital
to our culture and the way we do business. Creating an environment
where differences are embraced and where every person feels engaged
and included makes us safer, stronger, and more successful.”
The GEI brings transparency to gender-related practices and
policies at publicly listed companies increasing the breadth of
environmental, social, governance (ESG) data available to
investors. The comprehensive, transparent GEI scoring methodology
allows investors to assess company performance and compare across
industry peer groups.
“The companies included in the 2021 GEI are expanding the ESG
data universe to include gender-related data that investors are
demanding today,” said Peter T. Grauer, Chairman of Bloomberg.
“Their commitment to disclosure is making the business case for
inclusion and driving transparency in the markets.”
Through disclosure of gender-related metrics using the GEI
framework, the firms included in the 2021 GEI have committed to
provide a comprehensive look at their investment in workplace
gender equality and the communities in which they operate, raising
the bar of what should be expected from other companies within the
same industry. American Water was included in this year’s index for
scoring at or above a global threshold established by Bloomberg to
reflect a high level of disclosure and overall performance across
the framework’s five pillars.
Both the framework and the GEI are voluntary and have no
associated costs. The GEI is a reference index and is not for use
as a financial benchmark. The index is not ranked. While all public
companies are encouraged to disclose supplemental gender data for
their company’s investment profile on the Bloomberg Terminal, those
that have a market capitalization of USD one billion are eligible
for inclusion in the index. To learn more please visit the GEI
website. Bloomberg Terminal subscribers can access the GEI at {BGEI
<GO>}.
About American Water
With a history dating back to 1886, American Water is the
largest and most geographically diverse U.S. publicly traded water
and wastewater utility company. The company employs more than 6,800
dedicated professionals who provide regulated and market-based
drinking water, wastewater and other related services to more than
14 million people in 46 states. American Water provides safe,
clean, affordable and reliable water services to our customers to
make sure we keep their lives flowing. For more information, visit
amwater.com and follow American Water on Twitter, Facebook and
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20210127005571/en/
Media Contact: Joseph Szafran External Affairs Manager
856-955-4304 joseph.szafran@amwater.com
Veronika Henze Bloomberg LP 1-646-324-1596
vhenze@bloomberg.net
Liidia Liuksila Bloomberg LP +1 212-617-5424
Lliuksila@bloomberg.net
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