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Water and Wastewater Treatment Industry ESG Thematic Report, 2022: Astra ESG Solutions

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      With the world observing unprecedented challenges and the influence of climate change, the water and wastewater treatment industry size could be pronounced on the back of bullish investment in a sustainable future. Developments of environmental, social and governance practices will help stockholders map impacts to their value chain, enable performance reporting and tracking and exhibit a corporate commitment to sustainable growth. Industry leaders are expected to shift their attention to the impact of water shortages, soaring prices, and surging regulations in their decision-making. Stakeholders are emphasizing 4R—reduce, reuse, recycle and reclaim—to streamline wastewater treatment and propel ESG compliance. Investors and consumers are poised to focus on the ESG profile and minimize operational risks amidst concerns about pollution, energy consumption, climate change, and the rising usage of chemicals.    The World Resources Institute forecasts a 56% defi...

Water and Wastewater Treatment Industry ESG Thematic Report, 2022

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      Average ESG disclosure score for the water and wastewater treatment industry is between 60% and 70%. Our proprietary Environment, Social, and Corporate Governance (ESG) scoring framework analyzed 65 parameters across ESG, as represented in methodology section of this document. Xylem, Inc.; Veolia Environnement S.A..; and five more market leaders were part of our research. Four out of seven companies we researched scored above the average industry score. However, one market leader needs to focus more on ESG reporting and transparency, as it scored below 50%. We have seen a positive trend in ESG disclosure among market players engaged in water and wastewater treatment. According to our findings, the companies have scored substantially higher in governance, with an average of more than 75%, followed by environmental and social responsibility. In terms of the level of disclosure of ESG factors, Xylem, Inc. is the leader in the sector followed by Veolia Environnement SA ...