H2O America Releases 2024 Corporate Sustainability Report
H2O America (Nasdaq: HTO), a major investor-owned water utility, has released its 2024 Corporate Sustainability Report, showcasing significant environmental and operational achievements. The company, operating across California, Connecticut, Maine, and Texas, reported a 43% reduction in GHG emissions from 2019 levels and increased solar generation by 73%.
Key accomplishments include $353 million in infrastructure investments, replacement of 46 miles of pipeline, and installation of over 20,000 smart meters. The company maintained perfect drinking water quality standards, achieved an 85.2% customer satisfaction rate, and established the Force for Good Foundation for community support. The board structure now features a majority-female composition with 8 of 10 independent members.
H2O America (Nasdaq: HTO), grande società idrica privata, ha pubblicato il suo Rapporto sulla Sostenibilità Aziendale 2024, evidenziando importanti risultati ambientali e operativi. L’azienda, attiva in California, Connecticut, Maine e Texas, ha registrato una riduzione delle emissioni di GHG del 43% rispetto al 2019 e un aumento della produzione solare del 73%.
I traguardi principali comprendono 353 milioni di dollari in investimenti infrastrutturali, la sostituzione di 46 miglia di condotte e l’installazione di oltre 20.000 contatori intelligenti. L’azienda ha mantenuto standard impeccabili per la qualità dell’acqua potabile, raggiunto un tasso di soddisfazione clienti del 85,2% e creato la Force for Good Foundation per il sostegno alle comunità. La struttura del consiglio ora è a maggioranza femminile, con 8 dei 10 membri indipendenti donne.
H2O America (Nasdaq: HTO), una importante compañía de servicios de agua de capital privado, ha publicado su Informe de Sostenibilidad Corporativa 2024, mostrando logros destacados en lo ambiental y operativo. La empresa, que opera en California, Connecticut, Maine y Texas, informó una reducción del 43% en emisiones de GEI respecto a 2019 y un incremento del 73% en generación solar.
Entre sus principales hitos figuran 353 millones de dólares en inversiones en infraestructura, la sustitución de 46 millas de tuberías y la instalación de más de 20.000 contadores inteligentes. La compañía mantuvo estándares impecables en la calidad del agua potable, alcanzó una tasa de satisfacción del cliente del 85,2% y creó la Force for Good Foundation para apoyar a las comunidades. La junta directiva presenta ahora mayoría femenina, con 8 de 10 miembros independientes mujeres.
H2O America (Nasdaq: HTO), 주요 민간 투자 운영 상수도 회사가 2024 기업 지속가능성 보고서를 발간하여 환경 및 운영 측면의 주요 성과를 발표했습니다. 캘리포니아, 코네티컷, 메인, 텍사스에서 사업을 운영하는 이 회사는 2019년 대비 온실가스 배출량을 43% 감축했고 태양광 발전을 73% 증가시켰습니다.
주요 성과로는 3억 5,300만 달러의 인프라 투자, 46마일의 배관 교체, 20,000개 이상의 스마트 미터 설치가 포함됩니다. 회사는 식수 품질 기준을 완벽히 유지했고, 고객 만족도는 85.2%를 달성했으며 지역사회 지원을 위한 Force for Good Foundation을 설립했습니다. 이사회 구성은 현재 여성 과반으로 독립 이사 10명 중 8명이 여성입니다.
H2O America (Nasdaq: HTO), un important opérateur privé de services d’eau, a publié son Rapport sur la durabilité d’entreprise 2024, mettant en lumière des progrès significatifs sur le plan environnemental et opérationnel. La société, active en Californie, Connecticut, Maine et Texas, a déclaré une réduction des émissions de GES de 43% par rapport à 2019 et une augmentation de la production solaire de 73%.
Parmi les réalisations clés : 353 millions de dollars d’investissements dans les infrastructures, le remplacement de 46 miles de conduites et l’installation de plus de 20 000 compteurs intelligents. L’entreprise a maintenu des normes irréprochables de qualité de l’eau potable, obtenu un taux de satisfaction client de 85,2% et créé la Force for Good Foundation pour soutenir les communautés. La composition du conseil d’administration est désormais majoritairement féminine, avec 8 des 10 administrateurs indépendants étant des femmes.
H2O America (Nasdaq: HTO), ein bedeutender privatwirtschaftlicher Wasserversorger, hat seinen Corporate Sustainability Report 2024 veröffentlicht und wichtige ökologische sowie operative Erfolge präsentiert. Das Unternehmen, tätig in Kalifornien, Connecticut, Maine und Texas, meldet eine Reduktion der Treibhausgasemissionen um 43% gegenüber 2019 und eine Steigerung der Solarstromerzeugung um 73%.
Zu den zentralen Errungenschaften zählen 353 Millionen US-Dollar Infrastrukturinvestitionen, der Austausch von 46 Meilen Rohrleitungen und die Installation von über 20.000 intelligenten Zählern. Das Unternehmen hielt einwandfreie Trinkwasserqualitätsstandards, erzielte eine Kundenzufriedenheit von 85,2% und gründete die Force for Good Foundation zur Unterstützung der Gemeinden. Der Aufsichtsrat ist nun mehrheitlich weiblich besetzt: 8 von 10 unabhängigen Mitgliedern sind Frauen.
- 43% reduction in Scope 1 and 2 GHG emissions since 2019
- 73% increase in solar generation with eight new solar projects
- $353 million invested in infrastructure improvements
- Zero drinking water standard violations across all subsidiaries
- 85.2% customer satisfaction rate achieved
- Majority-female board composition with 80% independent members
- None.
Progress on carbon goals, expanded community impact, and continued water quality excellence
SAN JOSE, Calif., Sept. 04, 2025 (GLOBE NEWSWIRE) -- H2O America (Nasdaq: HTO), one of the nation’s largest investor-owned water and wastewater utilities, today announced the release of its 2024 Corporate Sustainability Report. The report highlights the company’s sustainability and community impact achievements across its operations in California, Connecticut, Maine and Texas.
“In 2024, we deepened our commitment to sustainability while continuing to deliver high-quality water and exceptional service,” said Andrew F. Walters, CEO of H2O America. “From expanding solar energy generation to launching our Force for Good Foundation, we’re proud to be a force for good in the communities we serve.”
Key highlights from the 2024 report:
- GHG emissions: Achieved a
43% reduction1 in Scope 1 and 2 emissions from the 2019 baseline, progressing toward the 2030 goal of50% . - Renewable energy: Increased solar generation by
73% , with eight new solar projects, including the first in Texas. - Water infrastructure: Invested
$353 million in infrastructure, replaced 46 miles of pipeline, and installed 20,000-plus smart meters. - Water quality: Had zero violations of drinking water standards across all subsidiaries; over 73,000 compliance samples conducted.
- Community impact: Made
$400,000 in charitable donations; launched the Force for Good Foundation to support local nonprofits. - Customer satisfaction: Achieved an
85.2% satisfaction rate; expanded flexible payment plans and rate assistance programs. - Governance: Have a majority-female board with eight of 10 members independent; launched an enterprise risk management program.
The full report is available at www.H2O-America.com/esg-sustainability.
About H2O America
H2O America is a national network of locally operated water and wastewater utilities serving more than 1.6 million people. With a mission to sustain life through reliable water and world-class service, H2O America invests in infrastructure, environmental stewardship, and community partnerships to build thriving communities.
1Our third-party assurance partner, accredited by the ANSI National Accreditation Board under ISO 14066, has audited our previous emissions inventories at the limited assurance level. We will release audited 2024 results later this year.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the federal securities laws relating to future events and future results of H2O America and its subsidiaries that are based on current expectations, estimates, forecasts, and projections about H2O America and its subsidiaries and the industries in which H2O America and its subsidiaries operate and the beliefs and assumptions of the management of H2O America. Some of these forward-looking statements can be identified by the use of forward-looking words such as “believes,” “expects,” “estimates,” “anticipates,” “intends,” “seeks,” “plans,” “projects,” “may,” “should,” “will,” “approximately,” “strategy,” or the negative of those words or other comparable terminology. These forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements.
The accuracy of such statements is subject to a number of risks, uncertainties and assumptions including, but not limited to, the following factors: (1) the risks associated with the proposed transactions with Quadvest, including, the risk of the proposed transactions not closing on the anticipated timeline, or at all, the ability to obtain required regulatory approvals, and the ability to successfully integrate Quadvest’s operations and realize the projected financial and other benefits of the proposed transactions; (2) the effect of water, utility, environmental and other governmental policies and regulations, including regulatory actions concerning rates, authorized return on equity, authorized capital structures, capital expenditures, PFAS and other decisions; (3) changes in demand for water and other services; (4) unanticipated weather conditions and changes in seasonality including those affecting water supply and customer usage; (5) the effect of the impact of climate change; (6) unexpected costs, charges or expenses; (7) our ability to successfully evaluate investments in new business and growth initiatives; (8) contamination of our water supplies and damage or failure of our water equipment and infrastructure; (9) the risk of work stoppages, strikes and other labor-related actions; (10) catastrophic events such as fires, earthquakes, explosions, floods, ice storms, tornadoes, hurricanes, terrorist acts, physical attacks, cyber-attacks, epidemic, or similar occurrences; (11) changes in general economic, political, legislative, business and financial market conditions; and (12) the ability to obtain financing on favorable terms, or at all (including the financing for the proposed transactions with Quadvest in a timely manner), which can be affected by various factors, including credit ratings, changes in interest rates, compliance with regulatory requirements, compliance with the terms and conditions of our outstanding indebtedness, and general market and economic conditions. The risks, uncertainties and other factors may cause the actual results, performance or achievements of H2O America to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Results for a quarter are not indicative of results for a full year due to seasonality and other factors. In addition, actual results, performance or achievements are subject to other risks and uncertainties that relate more broadly to our overall business, including those more fully described in our filings with the SEC, including our most recent reports on Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements are not guarantees of future performance, and speak only as of the date made, and H2O America undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
Contacts:
Media:
MediaRelations@H2O-America.com
Investors:
Daniel J. Meaney
Director of Investor Releations
(860) 664-6016
InvestorRelations@H2O-America.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/30b1f128-b23c-4c88-bad9-7f90ab2a0585
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