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Va Tech Wabag

VA Tech Wabag, is a multinational company founded in 1924 and based in Chennai, India, focused on desalination and water treatment for industrial and municipal users. With a presence in over 30 countries, the company has completed more than 6,000 projects and serves approximately 71 million customers.

Summary

Va Tech Wabag discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company has policy statements that commit both itself and its direct business relationships to respect fundamental work-related human rights as determined by the International Labour Organization (ILO). The company is also transparent about the number of discrimination reports, which for 2022 have been zero.

However, Va Tech Wabag lags behind in several areas. Most notably, the company lacks disclosure related to the adequacy and affordability of its services. The company should address these reporting gaps by disclosing information about the quality (e.g. frequency and duration of outages) and affordability (e.g. average price of water in relation to local average incomes) of its water distribution services. Va Tech Wabag should also improve its greenhouse gas emissions reduction targets by setting a baseline and target year to achieve net zero.

Ranking position: #116 /300
Total score: 14.3 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 4.2 /100	#153
Inclusive Cities	#1 24.2 /100	#89
Healthy Cities	#1 6.1 /100	#125
Climate Proof & Resilient Cities	#1 6.7 /100	#125
Core Social Indicators	#1 30.6 /100	#50

Industries
Water distribution	#14

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More about the company

Headquarters: India
Ownership structure: Public
Revenue: USD 377 billion (2022)
Number of employees: 847 (2022)
Website: https://www.wabag.com

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000