Global Water Resources Celebrates 20 Years of Award-Winning Total Water Management
Global Water Resources, Inc. (NASDAQ: GWRS), a leading water resource management company, has been invited to ring the Nasdaq Stock Market Closing Bell on November 9th to commemorate its 20th anniversary of providing award-winning Total Water Management (TWM) to Arizona communities. The ceremony will take place at the Nasdaq MarketSite in Times Square and will be broadcast live on major business news networks.
Over the past two decades, Global Water Resources has experienced significant growth, expanding its portfolio of utilities in major metro growth corridors around Phoenix and Tucson, Arizona. The company has acquired and integrated 12 utilities since 2017, bringing its total owned and operated utilities to 29 across the state's largest counties.
Global Water Resources' unique TWM approach helps preserve groundwater resources and supports long-term water supply planning. By owning and operating water, wastewater, and recycled water utilities within the same geographic area, TWM maximizes the beneficial use of recycled water and enables smart water management programs.
The company has been recognized for its effective implementation of TWM, receiving industry awards and national recognition for its water reuse practices. With a commitment to environmental, social, and governance (ESG) initiatives, Global Water Resources continues to lead in sustainable water management.
As Global Water Resources celebrates its 20th anniversary, the company remains dedicated to its mission of consolidating water and wastewater utilities to benefit communities, promote regionalization, and ensure environmental stewardship in the face of water scarcity.
The Impact of Global Water Resources' Success on New Businesses
As Global Water Resources, Inc. (NASDAQ: GWRS) rings the Nasdaq Stock Market Closing Bell to commemorate its 20th anniversary, it's worth considering the implications of its success for new businesses in the water management sector. Over two decades, Global Water Resources has demonstrated the viability and profitability of a Total Water Management (TWM) approach, which could serve as a blueprint for startups in this field.
Learning from a Proven Model
The company's unique TWM strategy, which involves owning and operating water, wastewater, and recycled water utilities within the same geographic area, has been recognized nationally for its effectiveness. This integrated approach not only promotes environmental sustainability but also offers a competitive advantage by maximizing the beneficial use of recycled water.
The Role of ESG Initiatives
Furthermore, Global Water Resources' commitment to environmental, social, and governance (ESG) initiatives is noteworthy. As consumers and investors increasingly prioritize sustainability, new businesses can learn from Global Water Resources' example of how to align profit with purpose.
Preparing for Future Challenges
As the company celebrates its 20th anniversary, it remains dedicated to its mission of ensuring environmental stewardship in the face of water scarcity. This ongoing commitment underscores the importance for new businesses to not only adapt to current market conditions but also prepare for future challenges.