Recent Updates
Recently added Catalysts
WAT Positive Sentiment

Waters Highlights Continued Progress Towards Sustainability Commitments News Summary: Exceeded its goal of reducing Scope 1 and 2 greenhouse gas emissions by 36% from a 2016 baseline, two years ahead of schedule. Invested ...

Key Takeaway: Waters Corporation has announced significant progress towards its sustainability commitments as per its 2024 report. The company exceeded its target of reducing Scope 1 and 2 greenhouse gas emissions by 36% from its 2016 baseline, achieving this goal two years ahead of time. Additionally, Waters has been recognized with 14 awards for its environmental, social, and governance efforts, including being listed among Barron's 2024 100 Most Sustainable Companies. These initiatives include increased renewable energy procurement and support for STEM education in underserved communities.
Price reaction · baseline $392.01 (2024-12-09 close) · hit after-hours · clean, no other WAT news in the window
day 0 close
-0.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Exceeded greenhouse gas reduction target by 36% from 2016 baseline, two years early.
  • Received 14 awards for sustainability efforts, highlighting commitment to environmental, social, and governance standards.
  • Ongoing initiatives in STEM education aim to improve workforce equity.

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. 10, 2024 /PRNewswire/ -- Today Waters Corporation (NYSE: WAT ) highlighted the company's progress on reducing its environmental impact, becoming more representative of the society we live in, and continuing to enhance our long-term stakeholder value with good governance and effective oversight in its 2024 report.
"At Waters, we are committed to delivering shareholder value while making a positive impact on the world," said Dr. Udit Batra , President and CEO of Waters Corporation. "We are making strong progress towards reducing our environmental impact, including increased renewable energy procurement, and we achieved our greenhouse gas reduction target two years early. Additionally, our Waters Student Academy continued to advance STEM education in underserved communities, fostering a more equitable future workforce. Strong governance remains central to our operations, and we were honored to be recognized as the 2024 Public Company Board of the Year by the National Association of Corporate Directors, New England Chapter."
Report Highlights Waters continues to achieve meaningful progress against the updated sustainability goals it introduced in 2022 . Highlights include:
Recognition of Sustainability Efforts by Third Parties Waters received 14 awards and recognitions for its environmental, social, and governance efforts since 2023. Highlights include Barron's 2024 100 Most Sustainable Companies (U.S.); My Green Lab Accountability, Consistency, and Transparency (ACT) Labels; Dow Jones Sustainability Index; Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index; Public Company Board of the Year from the National Association of Corporate Directors, New England Chapter; U.S. News & World Report – Best Companies to Work for 2023-2024.
Additional Resources
About Waters ( 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 65 years. With approximately 7,500 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.

Frequently Asked Questions

What is Waters Corporation's commitment toward environmental impact?

Waters Corporation is dedicated to reducing its environmental impact and enhancing stakeholder value.

How has Waters advanced STEM education?

Through the Waters Student Academy, the company promotes STEM education in underserved communities.

What recognition did Waters receive in 2024?

Waters was named the 2024 Public Company Board of the Year by the National Association of Corporate Directors.

How many awards did Waters receive for sustainability efforts?

Waters received 14 awards for its environmental, social, and governance efforts since 2023.

Where can I find more information about Waters Corporation?

More details are available on Waters Corporation's official website at www.waters.com.

Last updated: Dec 10, 2024