Waters Corporation

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Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers’ instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research.

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4.2

Overall Excellence Rating

Industry

Healthcare

Category

Diagnostics & Research

ESG/Ethical Impact

5% year-over-year reduction (2020-2021) in Scope 1+2 Greenhouse Gas Emissions and 6% decrease in water consumption at the company’s largest owned manufacturing facilities. Reduce our most significant environmental impacts. Reduce GHG emissions by 35% by 2025 from a 2016 baseline. Reduce waste to landfill by 50% by 2025 from a 2019 baseline; zero waste to landfill by 2030. Decrease water use intensity by 2025 from a 2019 baselineNew materiality assessment informs updated strategy ensuring ESG principles are integrated into Waters’ business objectives, operations, and products. Become more representative of the society we live in. Increase % of women in leadership (YoY). Increase % of Black and Latinx employees (YoY). Increase number of students exposed to, and Waters volunteers engaged in, STEM education in the community (YoY)Enhance long-term stakeholder value with good governance and effective oversight. Active Board oversight of enterprise risk management. Deliver robust ethics and compliance program. Provide disclosures in accordance with GRI and SASB. In addition to highlights and stories demonstrating the company’s ESG goals in action, the Waters 2022 ESG report provides detailed progress against its ESG objectives via industry frameworks such as the Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI). Further proving its commitment to world-class governance and transparency, Waters aligned its ESG reporting with the United Nations Sustainable Development Goals and expects to report future progress against the Task Force on Climate-related Financial Disclosures (TCFD) framework.Waters is a leader in analytical technologies. Its focus on advanced analytical instruments contributes to its financial stability. Waters generates revenue from the sale of analytical instruments used in research and industry applications. The company’s instruments contribute to scientific research and advancements, impacting both its financial performance and scientificIntroduced a political participation policy; in addition to an independent chair, 57% of Waters’ Board of Directors is ethnically and/or gender diverse. Waters’ ESG progress recognized through inclusion in Dow Jones Sustainability North America Index,Barron’s 100 Most Sustainable Companies 2022, and the Human Rights Campaign 2022 Corporate Equality Index. Increased companywide commitments to reduce environmental footprint, boost inclusion and STEM education, and report specific and transparent ESG metrics via leading industry frameworks.

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Awards Received

2023

Revenues

$2,900,000,000.00

Website Traffic

Employee Rating

4

Customer Rating

4.5

Company Size

5000-10000

ESG Risk Rating

4

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