Pennon Group Plc

Over the last few weeks our we've been meeting with local MPs to talk about the work that our brilliant colleagues have been doing for their constituents. We've been accelerating investment ahead of our most ambitious plan for the region - investing £3.2bn over the next five years, on top of the £1.2bn we've already spent over the last two years. Our plans to have more customers as shareholders, through our unique WaterShare+ scheme, directly gives our communities a voice in their water company, with more to come. Next week, Ofwat will deliver its final determination on our 5-year plan - as we continue to focus on what matters most to our customers. Susan Davy Richard Foord MP Ian Roome Steve Race Anna Gelderd Rebecca Smith #MPs #Water #PR24 #Investment

“On behalf of all my dedicated colleagues here at Pennon, we welcome today's announcement from Ofwat. With more investment than ever before, we can continue to transform what we do for customers and communities.” “For me, while today's news is about investment, the real story is about those who will deliver this change, the amazing people I work with, the generations of families that have served their communities in the sector for over hundreds of years and will continue to do so for the next 100 years.” Susan Davy.

We are investing a record £3.2bn for customers across the South West, Bristol, Bournemouth and Sutton and East Surrey to deliver what matters most to customers and communities for the period 2025-2030. Susan Davy, Pennon CEO said “Today’s news from Ofwat means that we have been given the green light to invest a record £3.2bn level over the next 5 years. This is on top of the £1.2bn we’ve already invested in our assets recently. We’re serious about making a difference now and in the future - our customers rightly deserve to see real change which we are already delivering. At the same time, we’re here to support customers to use less water, save more money as we do more than ever to support anyone struggling to pay their bill.” The £3.2bn investment will see further improvements across the main customer priorities – securing safe, clean drinking water, reducing the use of storm overflows across the regions’ bathing waters and protecting the environment, with investments in renewables. Read the full article here: https://lnkd.in/d46Yhkrx.

We have been awarded the Fair Tax Mark for the seventh year in a row - making us the longest water-based business to hold this accreditation. We take our responsibility of transparency and societal contribution seriously which includes ensuring that we pay the right amount of tax, in the right way, at the right time and this year we received our highest ever score to date. The Fair Tax Mark accreditation scheme is the gold standard of responsible tax conduct and you can find out more about our latest accreditation for it here: https://lnkd.in/eFQudtet #FairTaxMark #FairTax #Accreditation

We held our latest customer engagement meeting at Plymouth’s state-of-the-art water treatment works – Mayflower – last month to hear customers’ thoughts and discuss our record investment plans. These Watershare+ meetings are designed to give customers the chance to share their views with our teams. Members of our Pennon leadership team, including CEO, Susan Davy, and Managing Director for Water Services, David Harris, shared updates to customers about the Plymouth area and region-wide investment plans for the future. Find out more here: https://bit.ly/4emtd26 #WaterSharePlus #Investment #WaterIndustryNews

We recently made a significant step in our sustainability journey by becoming a signatory of the United Nations Global Compact (UNGC), the world's largest corporate sustainability initiative ♻️ Here's what out CEO Susan Davy had to say about it: “Joining the UN Global Compact is another step in our important sustainability work as we continue to deliver strong performance in our ESG benchmarks which is woven throughout our business. It’s not only what we do, but how we do it, as a purpose and values led business - by embedding these key principles we can build on the progress we have already made and will continue to do so for generations to come.” Read the full story here: https://lnkd.in/e6de8Qr9 #UnitedNationalGlobalCompact #UNGC #SustainabilityInitiative

We recently hosted our latest meeting with customers in Bournemouth to hear their views and discuss our major investment in the area’s water treatment works 💧 This WaterShare+ session was the latest quarterly event staged across the Greater South West, designed to give customers more say in how the company and our water businesses – Bournemouth Water, South West Water and Bristol Water – are run. Find out more about how the event went here: https://lnkd.in/e5Xm7536 #WaterSharePlus #Shares #WaterIndustry

We’re celebrating 178 years of Bristol Water 🎉 On 16 July 1846, Bristol Water Works Company was formed by an Act of Parliament, which allowed for infrastructure such as tunnels and reservoirs to be built in order to supply clean water to the city 💧 Known today as Bristol Water, we still provide an essential public water service to the communities within and surrounding the city, as well as helping to address other social, climate and environmental issues. Bristol Water joined Pennon Group Plc in 2021, since then we have introduced our unique WaterShare+ programme to Bristol customers to give them more of a say in how we run the company and designed to give customers a share in what we do or money off their bill. Susan Davy, Chief Executive Officer said: “We’re very proud of the progress Bristol Water has made as it remains an integral part of Bristol and its surrounding area today, serving 1.2 million customers with around 280 million litres of water per day. Here’s to the next 178 years!” #BristolWater #WaterIndustry #DrinkingWater

Our Bournemouth Water team have recently installed 20 new swift boxes at their Knapp Mill water treatment works in a bid to halt an alarming fall in their numbers 🙌 Read the full story here - https://lnkd.in/eChD6hNU #Swifts #BirdBox #BournemouthWater

A huge congratulations to South West Water's Meg Ginsberg who won the Water Industry Rising Star of the Year 2024 award last week! 🏆 What an incredible honour that couldn't be more well deserved 🎉 #WaterIndustryAwards #RisingStarAward #Congratulations