TIME Names California Water Service Group One of the World’s Most Impactful Companies

California Water Service Group (NYSE:CWT) was named one of the top 35 companies on TIME’s inaugural “World’s Most Impactful Companies” list.

Rhea-AI Summary

California Water Service Group (NYSE:CWT) was named one of the top 35 companies on TIME’s inaugural “World’s Most Impactful Companies” list. The ranking, aligned with the UN Sustainable Development Goals, selected 500 firms from nearly 10,000 candidates using Upright Project’s science-based Net Impact Model.

Argus May 14 session

+0.32% close to close Open Argus

Details

News Market Reaction – CWT

On May 14, the first trading day after this news, CWT closed 0.32% above the previous close.

Data tracked by StockTitan Argus for the May 14 session.

Market Context

This announcement highlights CWT’s inclusion among TIME’s top 35 companies on its inaugural list of ...

Analysis

This announcement highlights CWT’s inclusion among TIME’s top 35 companies on its inaugural list of the “World’s Most Impactful Companies,” drawn from 500 names and nearly 10,000 evaluated firms with at least $250 million in revenue. The recognition, grounded in a data-driven Net Impact Model, adds to recent workplace and regulatory milestones. Investors may track how such ESG and impact credentials intersect with future rate decisions, capital plans, and earnings trends.

Key Figures

Top ranking cohort: 35 companies List size: 500 companies Companies evaluated: 10,000 companies +5 more

Top ranking cohort

35 companies

CWT named among TIME’s top 35 most impactful companies

List size

500 companies

TIME list of the World’s Most Impactful Companies

Companies evaluated

10,000 companies

Universe of public and private companies assessed for the ranking

Minimum revenue

$250 million

Revenue threshold for companies included in the assessment

Industry count

16 industries

Number of industries in TIME’s ranking; CWT in Utilities & Environmental Services

Water utilities peer set

8 water utilities

Number of water utilities listed in the Utilities and Environmental Services category

Data sources scale

300 million articles

Scientific articles used in Net Impact Model data analysis

Stock price pre-news

$43.44

Current price vs 52-week range $41.29–$50.44 before this TIME recognition

Historical Context

5 past events · Latest: Apr 30

5 events

1. Apr 30

   Regulatory rate case

   24h Move

   +0.3%

   CPUC final decision approving 2024 rate case revenue increases and investments.

2. Apr 29

   Earnings & M&A

   24h Move

   -6.9%

   Q1 2026 results, large Nexus acquisition, and details on revised rate case PD.

3. Apr 29

   Dividend declaration

   24h Move

   -6.9%

   325th consecutive quarterly dividend and confirmation of ongoing payouts.

4. Apr 14

   Workplace award

   24h Move

   -1.0%

   USA Today 2026 Top Workplaces recognition and multiple culture awards.

5. Apr 09

   Earnings scheduling

   24h Move

   -0.3%

   Announcement of Q1 2026 earnings release date and conference call details.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

sustainable development goals, net impact model

2 terms

sustainable development goals regulatory

"The first-edition ranking, aligned with the United Nations Sustainable Development Goals, is published"

A set of widely recognized, interlinked goals aimed at improving health, education, equality, economic opportunity and environmental protection around the world. Investors use these goals like a common roadmap or checklist to judge whether a company’s products, operations and long‑term plans reduce risks and capture new markets; alignment with the goals can signal resilience, regulatory readiness and access to customers and capital.

net impact model technical

"uses The Upright Project’s Net Impact Model, which quantifies the benefits and costs"

A net impact model is a method for adding up the expected positive and negative effects of a business decision, product, policy or investment so you see the overall gain or loss. Think of it like a scale that converts environmental, social, regulatory and financial consequences into a single view of net benefit or cost; investors use it to compare trade-offs, estimate future cash effects and make decisions under uncertainty.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SAN JOSE, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- TIME magazine has named California Water Service Group (Group) (NYSE: CWT) as one of the top 35 companies in its inaugural list of the “World’s Most Impactful Companies.” The first-edition ranking, aligned with the United Nations Sustainable Development Goals, is published in partnership with The Upright Project, an impact data company, and Statista, a leading statistics portal and industry ranking provider.

TIME honored the top 500 companies out of nearly 10,000 public and private companies worldwide with revenue of at least $250 million, sufficient data coverage, and positive overall net societal impact. Group joins the likes of Moderna, Gilead, Pfizer, Sunrun, and Tesla in the top 35. Group is one of eight water utilities listed in the Utilities and Environmental Services category, which is one of the ranking’s 16 industries.

The ranking, grounded in a rigorous, science-based methodology, uses The Upright Project’s Net Impact Model, which quantifies the benefits and costs that a company’s products and services create across society, knowledge, health, and environment factors. The model considered impact- and sustainability-related data from more than 300 million scientific articles and major public databases, including World Bank, World Health Organization, Organisation for Economic Co-operation and Development, and Intergovernmental Panel on Climate Change.

“We are committed to doing the right thing and contributing to the greater good, and we are honored that TIME has included us in its first-ever list of the 500 most impactful companies worldwide,” said Marty Kropelnicki, Group Chairman & CEO.

The full listing is published at time.com/article/2026/05/12/worlds-most-impactful-companies-2026.

About California Water Service Group

California Water Service Group (NYSE: CWT) is the largest regulated water utility in the western United States. It provides high-quality, reliable water and/or wastewater services to more than 2.2 million people in California, Hawaii, New Mexico, Washington, and Texas through its regulated subsidiaries, California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, and its utility holding company, Texas Water Service. This year, the company commemorates a century of service.

Group’s purpose is to enhance the quality of life for customers, communities, employees, and stockholders. To do so, it invests responsibly in water and wastewater infrastructure, sustainability initiatives, and community well-being. The company’s nearly 1,300 employees live by a set of strong core values and share a commitment to protecting the planet, caring for people, and operating with the utmost integrity. The company has been named one of “America’s Most Responsible Companies” and the “World’s Most Trustworthy Companies” by Newsweek, a USA Top Workplace, and a Great Place to Work^®.  More information is available at www.calwatergroup.com.

MEDIA CONTACT: Yvonne Kingman, (310) 257-1434

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What recognition did TIME give California Water Service Group (NYSE:CWT) in May 2026?

TIME named California Water Service Group one of the top 35 companies on its inaugural “World’s Most Impactful Companies” list. According to California Water Service Group, the ranking selected 500 firms from nearly 10,000 global candidates with at least $250 million in revenue.

How was California Water Service Group (CWT) chosen for TIME’s World’s Most Impactful Companies 2026 list?

California Water Service Group was selected using The Upright Project’s Net Impact Model, which quantifies societal, knowledge, health, and environmental impact. According to the company, the methodology draws on more than 300 million scientific articles and major public databases from organizations such as the World Bank and WHO.

What does the TIME World’s Most Impactful Companies ranking mean for California Water Service Group (CWT) investors?

The recognition highlights California Water Service Group’s positive net societal impact, based on independent impact data and global databases. According to California Water Service Group, inclusion among the top 35 of 500 ranked companies underscores its commitment to sustainability and broader contributions to society, knowledge, health, and environment.

How many companies were evaluated for TIME’s World’s Most Impactful Companies list that includes California Water Service Group (CWT)?

TIME considered nearly 10,000 public and private companies worldwide with at least $250 million in revenue and sufficient data coverage. According to California Water Service Group, 500 companies with a positive overall net societal impact were ultimately honored, with the company ranking among the top 35.

In which industry category was California Water Service Group (CWT) recognized in TIME’s impact ranking?

California Water Service Group is listed in the Utilities and Environmental Services category and is one of eight water utilities recognized. According to the company, this category is one of 16 industries covered in TIME’s World’s Most Impactful Companies ranking, published with Statista and The Upright Project.