{"id":761020,"date":"2023-05-31T12:03:12","date_gmt":"2023-05-31T16:03:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/watts-water-technologies-publishes-its-2022-sustainability-report\/"},"modified":"2023-05-31T12:03:12","modified_gmt":"2023-05-31T16:03:12","slug":"watts-water-technologies-publishes-its-2022-sustainability-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/watts-water-technologies-publishes-its-2022-sustainability-report\/","title":{"rendered":"Watts Water Technologies Publishes its 2022 Sustainability Report"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Watts Water Technologies Publishes its 2022 Sustainability Report<\/b><\/p>\n<p>NORTH ANDOVER, Mass.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWatts Water Technologies, Inc. (NYSE: WTS) \u2013 through its subsidiaries, one of the world\u2019s leading manufacturers and providers of plumbing, heating, and water quality products and solutions \u2013 today announced the release of its 2022 Sustainability Report, which highlights the Company\u2019s environment, social and governance (ESG) practices and its commitment to best-in-class sustainability performance.<\/p>\n<p>\n\u201cIn 2022, we continued to demonstrate that our commitment to sustainability extends into every aspect of our business through our ESG strategy, which guides our work to reduce our environmental footprint, expand upon the positive environmental attributes of our products, enrich and engage our communities and people, and adhere to the highest ethical business practices,\u201d said Robert J. Pagano, Jr., CEO, President, and Chairperson of the Board. \u201cWe know that the complex set of global water challenges such as access, scarcity, pollution, and safety require the most capable, committed, and diverse workforce, and I am extremely proud of our teams\u2019 commitment. Together with our employees, customers, shareholders, and partners around the globe, we can drive the change needed for a safer and more sustainable world.\u201d<\/p>\n<p>\nKey Watts accomplishments highlighted in the report include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nReached a significant milestone as the first company to achieve verification by The Water Council\u2019s WAVE Water Stewardship program. WAVE exclusively grants this verification to companies that both meet its rigorous standards of assessing enterprise-wide water-related risk and take action to mitigate their water-related impact on the environment.<\/p>\n<\/li>\n<li>\nImplemented a formal Human Rights Policy outlining our commitment to promoting human rights within our labor force, including through support of and adherence to the United Nations Global Compact and the Universal Declaration of Human Rights.<\/p>\n<\/li>\n<li>\nRevised our strategic pillars to include an emphasis on DEI, incorporated inclusion as a cultural behavior, and launched global, multi-year leadership and inclusivity training for all employees.<\/p>\n<\/li>\n<li>\nReduced global water use intensity by 11% and purchased 100% certified renewable energy credits (RECs) to offset annual electric consumption at seven U.S. sites, reducing greenhouse gas emissions intensity by 31% (market based).<\/p>\n<\/li>\n<li>\nGrew the total number of suppliers participating in sustainability audits by 14% over 2021, and suppliers representing more than 94% of our 2022 global annual spend certified their conformance to our Supplier ESG Standards.<\/p>\n<\/li>\n<li>\nContinued to design products and solutions to benefit users and help their sustainability efforts based on the Company\u2019s \u201ctriple play\u201d of Safety and Regulation, Water Conservation, and Energy Efficiency, which make up 74%, 37%, and 24% of Watts revenue stream respectively, with some products fitting into multiple categories.<\/p>\n<\/li>\n<li>\nProvided clean water access to disadvantaged communities through the Company\u2019s ongoing partnership with Planet Water Foundation, which to date has benefited more than 55,000 people in nine different countries. Last year, Watts funded and installed six water purification and hand washing systems in Cambodia, India, Mexico, the Philippines, and Indonesia, providing 10,800 people with clean and safe drinking water daily.<\/p>\n<\/li>\n<li>\nESG research and data company Sustainalytics reported a 24% improvement in our ESG score in 2022, promoting Watts to the low-risk category. The Watts MSCI score was maintained at \u201cAA,\u201d and for the fourth consecutive year, Watts was named one of America\u2019s Most Responsible Companies by Newsweek.<\/p>\n<\/li>\n<\/ul>\n<p>\nTo download Watts\u2019 2022 Sustainability Report or learn more about the Company\u2019s ESG programs, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.watts.com%2Four-story%2Fsustainability&amp;esheet=53410514&amp;newsitemid=20230531005792&amp;lan=en-US&amp;anchor=www.watts.com%2Four-story%2Fsustainability&amp;index=1&amp;md5=3acda10d2b5a877afd59b91123f96637\">www.watts.com\/our-story\/sustainability<\/a><\/p>\n<p>\nWatts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and industrial applications. The company employs 4,500 people across more than 23 countries. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.watts.com&amp;esheet=53410514&amp;newsitemid=20230531005792&amp;lan=en-US&amp;anchor=www.watts.com&amp;index=2&amp;md5=cef4c256f54979e8f22b4bec0114d90a\">www.watts.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230531005792r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230531005792\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230531005792\/en\/<\/a><\/span><\/p>\n<p>\nWatts Water Technologies, Inc.<br \/>\n<br \/>Diane McClintock<br \/>\n<br \/>Senior Vice President FP&amp;A and Investor Relations<br \/>\n<br \/>Telephone: 978-689-6153<\/p>\n<p>\nEmail: <a rel=\"nofollow\" href=\"mailto:investorrelations@wattswater.com\">investorrelations@wattswater.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Machinery Professional Services Utilities Philanthropy Sustainability Energy Other Manufacturing DEI (Diversity, Equity and Inclusion) Environment Green Technology Other Philanthropy Environmental, Social and Governance (ESG) Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230531005792\/en\/618254\/3\/New_WWT_Logo_2016.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Watts Water Technologies Publishes its 2022 Sustainability Report NORTH ANDOVER, Mass.&#8211;(BUSINESS WIRE)&#8211; Watts Water Technologies, Inc. (NYSE: WTS) \u2013 through its subsidiaries, one of the world\u2019s leading manufacturers and providers of plumbing, heating, and water quality products and solutions \u2013 today announced the release of its 2022 Sustainability Report, which highlights the Company\u2019s environment, social and governance (ESG) practices and its commitment to best-in-class sustainability performance. \u201cIn 2022, we continued to demonstrate that our commitment to sustainability extends into every aspect of our business through our ESG strategy, which guides our work to reduce our environmental footprint, expand upon the positive environmental attributes of our products, enrich and engage our communities and people, and adhere to the highest ethical business &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/watts-water-technologies-publishes-its-2022-sustainability-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Watts Water Technologies Publishes its 2022 Sustainability Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-761020","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Watts Water Technologies Publishes its 2022 Sustainability Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/watts-water-technologies-publishes-its-2022-sustainability-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Watts Water Technologies Publishes its 2022 Sustainability Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Watts Water Technologies Publishes its 2022 Sustainability Report NORTH ANDOVER, Mass.&#8211;(BUSINESS WIRE)&#8211; Watts Water Technologies, Inc. (NYSE: WTS) \u2013 through its subsidiaries, one of the world\u2019s leading manufacturers and providers of plumbing, heating, and water quality products and solutions \u2013 today announced the release of its 2022 Sustainability Report, which highlights the Company\u2019s environment, social and governance (ESG) practices and its commitment to best-in-class sustainability performance. \u201cIn 2022, we continued to demonstrate that our commitment to sustainability extends into every aspect of our business through our ESG strategy, which guides our work to reduce our environmental footprint, expand upon the positive environmental attributes of our products, enrich and engage our communities and people, and adhere to the highest ethical business &hellip; Continue reading &quot;Watts Water Technologies Publishes its 2022 Sustainability Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/watts-water-technologies-publishes-its-2022-sustainability-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-31T16:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230531005792r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/watts-water-technologies-publishes-its-2022-sustainability-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/watts-water-technologies-publishes-its-2022-sustainability-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Watts Water Technologies Publishes its 2022 Sustainability Report\",\"datePublished\":\"2023-05-31T16:03:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/watts-water-technologies-publishes-its-2022-sustainability-report\\\/\"},\"wordCount\":687,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/watts-water-technologies-publishes-its-2022-sustainability-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230531005792r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/watts-water-technologies-publishes-its-2022-sustainability-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/watts-water-technologies-publishes-its-2022-sustainability-report\\\/\",\"name\":\"Watts Water Technologies Publishes its 2022 Sustainability Report - 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