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Waters Corporation Named to Dow Jones Sustainability Index for the Third Consecutive Year Waters Corporation (NYSE: WAT) announced it has been named to the Dow Jones Sustainability North America Index (DJSI North America) for the third...

Key Takeaway: Waters Corporation (NYSE: WAT) has been recognized for the third consecutive year in the Dow Jones Sustainability North America Index, reflecting its strong ESG practices. The evaluation was based on the S&P Global Corporate Sustainability Assessment, where Waters outperformed industry averages in Environmental, Social, Governance, and Economic criteria. CEO Dr. Udit Batra emphasized the company's commitment to sustainable practices, including reducing emissions and increasing renewable energy use. Additionally, Waters is fostering diversity in science-related professions through educational programs for underrepresented students.
Price reaction · baseline $322.28 (2023-12-18 close) · hit after-hours · 1 other WAT headline(s) in the window, move may be shared
day 0 close · peak
+2.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Waters Corporation has been named to the DJSI for the third consecutive year.
  • The company demonstrates a strong commitment to sustainability and ESG practices.
  • Waters has innovative programs like the Waters Student Academy to promote diversity in STEM.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~19 mo
Low dilution risk
Lead asset
CYTALUX preoperatively
Phase 2 · Esophageal Cancer

Full Press Release Details

MILFORD, Mass. , Dec. 19, 2023 /PRNewswire/ -- Waters Corporation (NYSE: WAT ) announced it has been named to the Dow Jones Sustainability North America Index (DJSI North America) for the third consecutive year, based on the strength of its enterprise-wide ESG practices. The DJSI is informed by the S&P Global Corporate Sustainability Assessment (CSA), an annual evaluation of companies' sustainability practices.
Inclusion in the DJSI places Waters in the top publicly traded companies in N.A. that lead the field in sustainability.
"We are honored that Waters has once again been named to the DJSI and for being recognized for the active commitment we demonstrate to leave the world better than we found it," said Dr. Udit Batra , President and CEO, Waters Corporation. "Waters is making measurable progress towards reducing emissions, increasing renewable energy, and aligning with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). I am perhaps most proud of our innovative Waters Student Academy STEM education programming for historically underrepresented students, which directly impacts cultivating more diverse representation in science-related professions."
Inclusion in the DJSI places Waters among the top publicly traded companies in North America that lead the field in sustainability. It is based on completion of an annual evaluation of sustainability practices via the S&P Global CSA, that covers over 13,000 companies from around the world that are assessed on sustainability criteria that are both industry-specific and financially material. Waters received a score of "very high" and beat the industry averages in all three categories of: Environmental, Social, and Governance and Economic.
Additional Resources:
About Waters Corporation ( www.waters.com )
Waters Corporation (NYSE: WAT ), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 60 years. With approximately 8,000 employees worldwide, Waters operates directly in 35 countries, including 14 manufacturing facilities, and with products available in more than 100 countries.
Waters is a trademark of Waters Technologies Corporation.

Frequently Asked Questions

What index is Waters Corporation part of for the third year?

Waters Corporation is included in the Dow Jones Sustainability North America Index.

How is Waters recognized for sustainability?

Waters is recognized for its strong enterprise-wide ESG practices.

What score did Waters receive in the sustainability assessment?

Waters received a 'very high' score in the S&P Global sustainability assessment.

What areas of sustainability did Waters excel in?

Waters exceeded industry averages in Environmental, Social, and Governance areas.

What educational initiative does Waters Corporation support?

Waters supports the Waters Student Academy STEM education program for diverse students.

Last updated: Dec 19, 2023