Overview
Description
Companhia de Saneamento Básico do Estado de São Paulo ADR represents American Depositary Receipts for a leading water and sewage utility company based in São Paulo, Brazil. This ADR allows US investors to invest indirectly in Sabesp, as the company is commonly known, providing access to a pivotal component of Brazil's basic infrastructure sector without dealing with foreign exchanges directly. Sabesp is a publicly traded company responsible for water supply and sewage services across its state, crucial for maintaining public health and supporting regional economic development. Its operations impact both residential users and commercial sectors, serving millions of people in one of Brazil's most economically significant regions. As one of the largest water utility companies in the world, Sabesp plays a vital role in sustainable urban development and environmental conservation, contributing to Brazil’s strategic goals of expanding access to clean water and sanitation services. The ADR structure facilitates US investors' participation in this essential and impactful sector while offering a glimpse into Brazil’s infrastructure through the lens of an established utilities operator.
About
CEO
Mr. Carlos Augusto Leone Piani C.F.A.
Employees
10552
Address
Rua Costa Carvalho, nº 300
Pinheiros
São Paulo, 05429-900, SP
Brazil
Pinheiros
São Paulo, 05429-900, SP
Brazil
Phone
55 11 3388 8201
Website
Instrument type
Depositary receipt
Sector
Utilities
Industry
Utilities - Regulated Water
Country
United States
MIC code
XNYS