California Water Service Group Bolsters Environmental, Social, and Governance Program, Reaffirms Commitment to Safe and Reliable Water Supply for Communities

Core Insights - California Water Service Group has released its 2023 ESG Report and ESG Analyst Download, emphasizing its commitment to transparency in environmental, social, and governance matters [1][2] - The report aligns with recognized frameworks such as the Sustainability Accounting Standards Board and the Global Reporting Initiative, showcasing the company's progress in ESG focus areas [1][2] ESG Strategy and Achievements - The company aims to enhance the quality of life for customers and communities through responsible investments in water infrastructure and sustainability initiatives [4] - Significant achievements in 2023 include a commitment to reduce Scope 1 and 2 greenhouse gas emissions by 63% by 2035 from a 2021 base year, and an investment of $383.7 million in infrastructure [6] - The company saved nearly 95 million gallons of water annually through conservation programs [6] Customer Engagement and Support - California Water Service Group achieved 100% compliance with federal and state water quality standards and received $83 million in funding to assist customers with past-due balances from the pandemic [6] - The company donated over $1.5 million to local community organizations [6] Workforce Development - The company invested $728,000 in employee training, averaging 13.6 hours of training per employee, and doubled its veteran hiring rate to 8% [6] - Scholarships totaling $10,000 were awarded to children of employees [6] Governance and Diversity - The Board of Directors maintains 36% gender diversity and 18% ethnic diversity, with ongoing discussions on ESG matters [6] - The company spent 27.2% of net procurement with diverse suppliers [6]