Annual Report and Accounts

The report describes Pennon's return to profitability in 2025/26, with Group revenue of £1,291.4m and underlying EBITDA of £519.2m. It reports a 41% reduction in Group Scope 1 and 2 emissions from the 2021/22 baseline and states that 12 of 14 refreshed ESG targets were on target. The report also describes validated and rebaselined SBTs and a pathway to achieve Net Zero across all three emissions scopes by 2050.