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Waters Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index News Summary: Waters recognized for its companywide policies and active commitment to LGBTQIA+ workplace equality and inclusion, scoring 100 on the...

Key Takeaway: Waters Corporation has been awarded a score of 100 on the Human Rights Campaign's 2023-2024 Corporate Equality Index for its policies and practices related to LGBTQ+ workplace equality. This recognition reflects the company's commitment to cultivating an inclusive environment where LGBTQIA+ employees can thrive. The company has introduced enhanced health benefits for gender transition and has partnered with organizations focused on supporting LGBTQIA+ communities. This marks the second consecutive year that Waters has achieved this recognition.
Price reaction · baseline $288.79 (2023-12-04 close) · hit after-hours · 1 other WAT headline(s) in the window, move may be shared
day 0 close · peak
-1.3%

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POSITIVE FACTORS

  • Waters achieved a perfect score of 100 on the Corporate Equality Index for two consecutive years.
  • The company has enhanced health plan services to support gender transition for LGBTQIA+ employees.
  • Waters has established partnerships with organizations dedicated to promoting LGBTQIA+ inclusion.

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. 5, 2023 /PRNewswire/ -- Waters Corporation (NYSE: WAT ) announced it received a score of 100 for the second year in a row on the Human Rights Campaign Foundation's (HRC) 2023-2024 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Waters has satisfied all the CEI's criteria for the designation as recipient of the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion .
Waters Corporation is the recipient of the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion.
"For innovation to thrive at Waters, we must continue to nurture an inclusive workplace where our LGBTQIA+ colleagues feel valued and encouraged to bring their whole selves to work," said Dr. Udit Batra , President and CEO, Waters Corporation. "I am extremely proud that our progress to cultivate an open and supportive environment for all is being recognized from this rigorous evaluation process by the CEI."
Being representative of the diverse society in which we live is a core value at Waters and is reflected in a company culture that fully supports all of its employees. As part of its continuing commitment to diversity, equity, and inclusion, Waters has enhanced the covered services in its U.S. health plan to further support gender transition. A newly developed benefits guide now also makes it easier for Waters employees to find and understand all the programs and services that are offered for LGBTQIA+ health and wellbeing.
This past year, Waters introduced and expanded partnerships to advance inclusion with Out in Tech , Stonewall , and PFLAG – organizations on a mission to support, educate, and advocate for LGBTQIA+ communities, adding to the company's commitment to support its LGBTQIA+ employees around the world.
Established in 2002, the 2023-2024 Corporate Equality Index is the 21st iteration of the nation's leading benchmarking tool for evaluating a company's LGBTQ+ workplace inclusion policies, serving employees, consumers, and investors. This year's index evaluated over 1,300 businesses against the HRC benchmark for LGBTQ+ workplace equality.
The CEI rates companies on detailed criteria falling under four central pillars:
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, and food 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.

Frequently Asked Questions

What score did Waters Corporation achieve on the CEI?

Waters Corporation received a score of 100 on the 2023-2024 CEI.

What award did Waters Corporation win?

Waters Corporation won the Equality 100 Award for LGBTQ+ Workplace Inclusion.

Who is the CEO of Waters Corporation?

Dr. Udit Batra is the President and CEO of Waters Corporation.

How does Waters support LGBTQIA+ employees?

Waters supports LGBTQIA+ employees through enhanced health services and partnerships.

How many businesses were evaluated in the CEI this year?

The CEI evaluated over 1,300 businesses for LGBTQ+ workplace equality.

Last updated: Dec 5, 2023