A report in yesterday’s Sunday Times newspaper says that Southern Water has alerted law enforcement authorities which are “understood to include the SFO” as part of Ofwat’s ongoing investigations into the operation of some of the utility's wastewater treatment works.
A report in the Financial Times has suggested that the potential renalisation of water companies in England and Wales could cost as little as £14.5 billion – far less than the alternative figure of up to £90 billion suggested by think tank Social Market Foundation in February 2018.
The Competition and Markets Authority (CMA) has published its final report with recommendations to address serious competition problems in the UK audit industry.
Legal & General Investment Management (LGIM). one of the largest global institutional investors and the largest money manager in the UK, is warning that companies that fail to take action on climate change will lose its shareholder backing.
Water companies from around the globe are today joining forces to form the World Water Innovation Fund, which aims to find, develop and accelerate the ground-breaking technologies that will make a real difference to peoples’ lives across the world.
S&P Global Ratings has revised its outlook for both Northumbrian Water (NWL) and Portsmouth Water to negative in the face of what it describes as “tougher operating conditions”.
A new report is warning that climate risks to physical infrastructure combined with other threats mean that losses from climate-related hazards will continue to rise unless investors, lenders, insurers and policymakers undertake significant risk management efforts.
South East Water has published its Sustainability Finance Framework, under which the company can issue Sustainability Bonds and Sustainability Loans.
Two-thirds (67%) of UK corporates will be disclosing climate-related risks and opportunities in their 2019 annual reporting, according to new figures released by the Carbon Trust.
The world’s first benchmark index to price financial water risk to equities has been launched on Bloomberg. According to the collaborators who will develop the Index, financial water risk will affect $145 trillion in global assets under management by 2025.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.