Aqua America Releases Inaugural Corporate Social Responsibility Report
Utility acts to further reduce environmental footprint, highlights achievements
“As one of the largest publicly regulated water utilities in the nation,
Aqua has long believed that our day-to-day operations inherently include
the immense responsibility to protect the very resource we provide –
Aqua’s corporate social responsibility commitment extends to all aspects of its business, from reducing energy consumption and lowering greenhouse gas emissions to a belief in supplier diversity and providing an inclusive and safe workplace for the company’s 1,600 employees, according to Franklin.
The release of Aqua’s CSR report reflects the company’s enhanced commitment to sustainable and responsible business practices. In the period covered by the report, Aqua has taken a deliberate approach to sustainable business practices and introduced new sustainability goals, utilizing 2017 as a baseline year for reporting metrics.
The report highlights achievements in four areas: conservation and stewardship, infrastructure, people and community engagement. Key accomplishments include:
- Removing an estimated 8,148 metric tons of suspended solids, and another 8,000-plus metrics tons of organic material, from wastewater through Aqua’s treatment processes. This is the equivalent of keeping approximately 340 dump trucks of waste material from entering streams and rivers.
Investing more than
$2 billionfrom 2012 to 2017 to renew and improving aging water and wastewater infrastructure across the communities Aqua serves.
- Recording the company’s best-ever safety metrics in 2017, including an average lost time injury rate of less than 1 day.
- Protecting more than 7,600 acres of lands and habitats at over a dozen locations across eight states.
Aqua’s full corporate social responsibility report and more information about Aqua’s initiatives are available online at: https://csr.aquaamerica.com.
This release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including, among
others: that the legislation may result in municipalities selling their
water and/or wastewater systems. There are important factors that could
cause actual results to differ materially from those expressed or
implied by such forward-looking statements including: general economic
business conditions; the company’s ability to leverage its compliance
expertise, purchasing power, and operational experience; the company's
ability to fund needed infrastructure; changes in regulations or
regulatory treatment; availability and access to capital; the cost of
capital; disruptions in the credit markets; and other factors discussed
in our Annual Report on Form 10-K and our Quarterly Report on Form 10-Q,
which are filed with the