California Water Service Group recognized by Newsweek as one of the "World’s Greenest Companies" for sustainability efforts.
Quiver AI Summary
California Water Service Group has been honored by Newsweek as one of the "World's Greenest Companies" for its commitment to sustainability and environmental responsibility, following its previous recognition on the “America’s Greenest Companies” list in 2025. The 2026 ranking included the top 850 companies from 28 countries, with California Water Service Group being one of only two water utilities recognized. Newsweek’s evaluation assessed companies based on 25 parameters across four categories related to environmental sustainability and was developed in partnership with Plant-A Insights Group and GIST Impact. Group Chairman & CEO Marty Kropelnicki emphasized the company's dedication to reducing its environmental footprint and protecting natural resources. California Water Service Group serves over 2.2 million people across several states and is committed to enhancing community well-being through responsible investments in infrastructure and sustainability initiatives.
Potential Positives
- California Water Service Group has been recognized as one of the “World’s Greenest Companies” by Newsweek, highlighting its commitment to sustainability and environmental responsibility.
- Group is one of only two water utilities included in the prestigious 2026 list, which underscores its leadership within the industry regarding environmental sustainability.
- This recognition comes after the company was also named on Newsweek’s “America’s Greenest Companies” list for a second consecutive year, demonstrating consistent performance in sustainability initiatives.
- The press release emphasizes the company's continuous efforts to enhance its sustainability practices and protect natural resources, which can strengthen its brand reputation and appeal to environmentally conscious consumers and investors.
Potential Negatives
- Despite receiving accolades for sustainability, the company’s reliance on outside rankings may indicate a lack of tangible, self-reported progress in improving their environmental performance.
- While it has been recognized as one of the greenest companies, the criteria used for the ranking are based on European Union standards, which may not fully reflect the unique challenges and conditions faced by utilities in the U.S.
FAQ
What recognition did California Water Service Group receive in 2026?
California Water Service Group was named one of the “World’s Greenest Companies” by Newsweek for its sustainability efforts.
How many companies were evaluated for Newsweek's greenest company rankings?
Newsweek evaluated over 850 companies across 28 countries for their environmental sustainability performance in 2026.
What methodology did Newsweek use for its rankings?
Newsweek's ranking methodology compared companies against sustainability standards set by the European Union across 25 parameters.
How does California Water Service Group contribute to sustainability?
The company invests in water infrastructure and sustainability initiatives to reduce its environmental footprint and protect natural resources.
What other awards has California Water Service Group received?
It has been named one of “America’s Most Responsible Companies” and “World’s Most Trustworthy Companies” by Newsweek.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CWT Insider Trading Activity
$CWT insiders have traded $CWT stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $CWT stock by insiders over the last 6 months:
- THOMAS M KRUMMEL has made 0 purchases and 2 sales selling 7,400 shares for an estimated $346,564.
- MICHAEL S JR MARES (Vice President, Operations) sold 3,892 shares for an estimated $171,248
- LESTER A SNOW sold 1,100 shares for an estimated $48,400
- MICHAEL B LUU (Sr. VP Corp Svcs & Chief Risk) sold 739 shares for an estimated $32,945
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CWT Revenue
$CWT had revenues of $308.6M in Q2 2026. This is an increase of 16.47% from the same period in the prior year.
You can track CWT financials on Quiver Quantitative's CWT stock page.
You can access data on CWT stock through the Quiver Quantitative API.
$CWT Hedge Fund Activity
We have seen 179 institutional investors add shares of $CWT stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,795,644 shares (+387.5%) to their portfolio in Q2 2026, for an estimated $136,008,080
- ATLAS INFRASTRUCTURE PARTNERS (UK) LTD. added 1,984,605 shares (+inf%) to their portfolio in Q2 2026, for an estimated $96,551,033
- ANTIPODES PARTNERS LTD added 753,386 shares (+inf%) to their portfolio in Q2 2026, for an estimated $36,652,228
- NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added 747,216 shares (+inf%) to their portfolio in Q2 2026, for an estimated $36,352,058
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 725,290 shares (+inf%) to their portfolio in Q2 2026, for an estimated $35,285,358
- CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC removed 647,515 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $31,501,604
- AQR CAPITAL MANAGEMENT LLC added 512,060 shares (+301.7%) to their portfolio in Q2 2026, for an estimated $24,911,719
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
SAN JOSE, Calif., Aug. 17, 2026 (GLOBE NEWSWIRE) -- For the utility’s ongoing dedication to sustainability and environmental responsibility, Newsweek has named California Water Service Group (Group) (NYSE: CWT) one of the “World’s Greenest Companies.” This recognition follows Group’s inclusion on Newsweek ’s “America’s Greenest Companies” list for the second time in October 2025.
This year, Newsweek recognized the top 850 companies across 28 countries for their environmental sustainability performance; Group is one of only two water utilities on the 2026 list. Newsweek developed the ranking in partnership with statistics portal and industry ranking provider Plant-A Insights Group and GIST Impact.
The methodology compared both public and private companies with more than 500 employees globally against minimum sustainability standards set by the European Union. Newsweek evaluated more than 25 parameters in four categories: greenhouse gas emissions, water usage, waste generation, and sustainability data disclosures and commitments. The ranking also analyzed companies’ media coverage.
“At California Water Service Group, we take our role as environmental stewards seriously, and we continue to enhance our efforts to reduce our environmental footprint and protect our natural resources,” said Marty Kropelnicki, Group Chairman & CEO. “We appreciate Newsweek for recognizing us to be among the greenest companies worldwide.”
The full list is available at rankings.newsweek.com/worlds-greenest-companies-2026.
About California Water Service Group
California Water Service Group is the largest regulated water utility in the western United States. It provides high-quality, reliable water and/or wastewater services to more than 2.2 million people in California, Hawaii, New Mexico, Washington, and Texas through its regulated subsidiaries, California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, and its utility holding company, TWSC Inc. (Texas Water Service). This year, the company commemorates a century of service.
Group’s purpose is to enhance the quality of life for customers, communities, employees, and stockholders. To do so, it invests responsibly in water and wastewater infrastructure, sustainability initiatives, and community well-being. The company’s nearly 1,300 employees live by a set of strong core values and share a commitment to protecting the planet, caring for people, and operating with the utmost integrity. The company has been named one of “America’s Most Responsible Companies” and the “World’s Most Trustworthy Companies” by Newsweek , a USA Top Workplace, and a Great Place to Work ® . More information is available at www.calwatergroup.com .
MEDIA CONTACT: Yvonne Kingman, (310) 257-1434
