Tideway has flagged up increased exposure from inflation and Thames Water in its principle risks assessment set out in its Annual Report & Accounts 2023/24 published on 21^st June 2024.

Thames Water has signed a £1.4 billion, five year Revolving Credit Facility with the interest rate tied to sustainability performance - outperforming an Environment, Social and Governance (ESG) benchmark will result in a lower interest rate.

The House of Commons Environmental Audit Committee is calling on the Government to make it mandatory for all large companies and asset owners—such as pension funds—to report their exposure to climate change risks and opportunities by 2022.

Northumbrian Water Group (NWG), owner of Northumbrian Water and Essex & Suffolk Water, has taken an innovative new approach to annual reporting using the five capitals that organisations depend on to look at their influence and impact in the wider economy, environment and society.

In an Expert Focus comment on Waterbriefing, Jon Williams, PwC partner and a member of the Task Force on Climate-related Financial Disclosures outlines why the recommendations in the TCFD’s final Report have the potential to improve decision-making by investors, lenders and insurers in respect of climate change impacts on companies.

Water industry regulator Ofwat has today published new holding company principles on Board leadership, transparency and governance.