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Stock impact report

California Water Service Group Announces Science-Aligned Greenhouse Gas Emissions Reduction Target

California Water Service Group (CWT) 
Last california water service group earnings: 4/30 09:00 am Check Earnings Report
US:NYSE Investor Relations: ir.calwatergroup.com
Company Research Source: GlobeNewswire
SAN JOSE, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced its commitment to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 63% by 2035 from a 2021 base year, a target which is science-aligned and supports limiting global temperature increases to 1.5-degree Celsius above preindustrial levels. According to Chairman, President & Chief Executive Officer Martin A. Kropelnicki, Group took a thoughtful, data-driven approach, partnering with an independent consultant to:   Understand the target landscape and best practices.Analyze baseline and projected activities and emissions over the target timeframe.Estimate existing, planned, and potential additional emissions reduction initiatives.Model target scenarios and decarbonization roadmaps.Develop an interdisciplinary and active strategy to achieve the selected targets. “We are committed to delivering value to customers and stockholders while pursuing our redu Show less Read more
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