American Water Recognized as One of Newsweek's World’s Most Trustworthy Companies 2023

Highest-ranked U.S. Water and Wastewater Company in the Energy and Utilities Industry Category

CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has been recognized on Newsweek’s inaugural list of the World’s Most Trustworthy Companies 2023. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider.

The World’s Most Trustworthy Companies 2023 were identified in an independent survey based on a vast sample of more than 70,000 participants in 23 industries from 21 countries. A total of 269,000 evaluations were analyzed. The participants rated companies they knew and were headquartered in the respective country in terms of all three touchpoints of trust. The three main public pillars of trust were: Customer Trust, Investor Trust, and Employee Trust. All stock-listed companies headquartered in one of the target countries with a revenue of over 500 million USD were considered in the study.

The awards list was announced on September 6, 2023, and can be viewed on Newsweek’s website.

Earlier this year, American Water was also recognized on Newsweek’s list of America’s Most Responsible Companies 2023. Ranked No. 5 in the Energy and Utilities industry category, this recognition illustrates American Water’s continued commitment to environmental, social and governance (“ESG”) leadership.

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About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

As one of the fastest growing utilities in the U.S., American Water expects to invest $30 to $34 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities.

American Water has been recognized on the 2023 Bloomberg Gender-Equality Index for the fifth consecutive year, ranked 18^th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s WaterSense® Excellence Award, among additional state, local and national recognitions.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, Twitter and Instagram.