In July 2022, Manila Water Company, a Philippine-based water and wastewater services company, with presence in Southeast Asia and the Kingdom of Saudi Arabia, received an improved overall ESG Risk Rating of 27.1 from Sustainalytics, one of the world’s leading ESG research and analysis companies. The score puts Manila Water in the Medium-Risk category and places at 11th among the 50 water utility sub-industry. Sustainalytics evaluated Manila Water’s policies, programs, and strategies on ten Environment, Social, Governance (ESG) topics that are material to the company.