Pennon Group PLC 2021 AR2
The report highlights Pennon Group's transition to a business focused exclusively on UK Water following the successful sale of Viridor for net cash proceeds of £3.7 billion. The company approved the acquisition of Bristol Water for £425 million, expanding its service to 3.5 million customers. In terms of sustainability, Pennon achieved its target of planting 100,000 trees by 2025 ahead of schedule and committed to a Net Zero carbon target by 2030. Additionally, the company launched the innovative WaterShare+ scheme, sharing £20 million of outperformance with customers and allowing one in 16 households to become shareholders.
Company: Pennon Group PLC
Sector: Water & waste services
Country: United Kingdom
Year: 2021
Type: AR2
Pages: 220
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Pennon Group PLC
Annual Report And Accounts
The report highlights Pennon Group's transition to a business focused exclusively on UK Water following the successful sale of Viridor for net cash proceeds of £3.7 billion. The company approved the acquisition of Bristol Water for £425 million, expanding its service to 3.5 million customers. In terms of sustainability, Pennon achieved its target of planting 100,000 trees by 2025 ahead of schedule and committed to a Net Zero carbon target by 2030. Additionally, the company launched the innovative WaterShare+ scheme, sharing £20 million of outperformance with customers and allowing one in 16 households to become shareholders.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees