Pennon Group PLC 2024 AR2
The report outlines Pennon Group's financial and operational performance for the fiscal year 2023/24, highlighting record capital investment of £583 million in its wholesale water businesses. Key achievements include breaking the drought cycle by reaching 100% reservoir capacity in Devon and Cornwall, and acquiring Sutton and East Surrey Water (SES Water) to expand its UK water sector footprint. The company also advanced its Net Zero 2030 plan by investing £59 million in renewable energy projects through Pennon Power, aiming to secure 50% of its energy from renewable sources. Additionally, Pennon supported over 132,000 customers through affordability schemes, working toward its goal of eradicating water poverty by 2025.
Company: Pennon Group PLC
Sector: Water & waste services
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 251
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Pennon Group PLC
Annual Report And Accounts
The report outlines Pennon Group's financial and operational performance for the fiscal year 2023/24, highlighting record capital investment of £583 million in its wholesale water businesses. Key achievements include breaking the drought cycle by reaching 100% reservoir capacity in Devon and Cornwall, and acquiring Sutton and East Surrey Water (SES Water) to expand its UK water sector footprint. The company also advanced its Net Zero 2030 plan by investing £59 million in renewable energy projects through Pennon Power, aiming to secure 50% of its energy from renewable sources. Additionally, Pennon supported over 132,000 customers through affordability schemes, working toward its goal of eradicating water poverty by 2025.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees