CEO: Jeffry Sterba; Revenues: $2.88 Billion (2012); Employees: 6,700 (2012)
American Water Works Company, Inc. is the largest publicly traded water and wastewater utility company in the United States. Founded in 1886 and based in Voorhees, New Jersey, the company provides water and wastewater services to an estimated 14 million residential, commercial, industrial, public, and other customers in more than 30 states and Canada. In addition, it enters into contracts to operate and maintain water and wastewater facilities for the United States military, municipalities, the food and beverage industry, and other customers; and provides services to domestic homeowners to protect against the cost of repairing broken or leaking pipes inside and outside their homes. Further, the company provides biosolids management, transport, and disposal services to municipal and industrial customers.
Climate and Energy Targets
American Water seeks to lower its GHG emissions per volume of water it produces by 16 percent from 2007 levels by the year 2017. To accomplish this goal, it plans to invest significant capital in increasing pump efficiencies, purchasing cleaner generated energy sources, reducing its fleet and increasing the use of onsite solar and other alternative energy producing methods.
Did You Know?
"With the right policies, clean and affordable energy can fuel the US economy in this century. Companies and states cannot achieve this balance alone. We need a federal mandate for addressing climate change that will create national and international markets, a price for carbon, and incentives for low cost and clean technologies." - Jeffry Sterba, CEO
The Energy-Water Nexus: Energy and water are inextricably linked. Read more about the connection here.
Reducing Energy Use: American Water proactively seeks to implement measures that increase efficiency, conserve energy and water, and reduce waste.
White Paper: Challenges in the Water Industry: Climate Change: Climate change is greatly affecting weather patterns and the world’s ecosystem and, in particular, posing serious challenges to the world’s water supply. This paper outlines challenges that the water industry will face because of these predicted changes and the solutions sought to minimize these challenges.
Climate and Sustainability Rankings & Recognition
Dow Jones Sustainability North America Index
American Water Website
American Water Corporate Responsibility Website
American Water Environmental Sustainability Website