United Utilities Group PLC 2022 AR2
The report highlights United Utilities' strong operational and environmental performance for the fiscal year ended March 31, 2022, achieving its best-ever performance against customer outcome delivery incentives (ODIs) with a net reward of £25 million. The company announced an additional £765 million investment over the 2020–25 period to accelerate environmental and customer outcomes, including its 'Better Rivers: Better North West' plan. It also became the first UK water company to have its near-term science-based climate targets verified by the SBTi, committing to net zero by 2030. Financially, the company delivered an underlying operating profit of £610 million and maintained a robust balance sheet with RCV gearing at 61 per cent.
Company: United Utilities Group PLC
Sector: Utilities
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 133
United Utilities Group PLC
Annual Report And Financial Statements
The report highlights United Utilities' strong operational and environmental performance for the fiscal year ended March 31, 2022, achieving its best-ever performance against customer outcome delivery incentives (ODIs) with a net reward of £25 million. The company announced an additional £765 million investment over the 2020–25 period to accelerate environmental and customer outcomes, including its 'Better Rivers: Better North West' plan. It also became the first UK water company to have its near-term science-based climate targets verified by the SBTi, committing to net zero by 2030. Financially, the company delivered an underlying operating profit of £610 million and maintained a robust balance sheet with RCV gearing at 61 per cent.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
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
Women on Board
Women in Management
Net Zero Target
Employees