ST Plc confirms fourth year of 4-star EPA status

Severn Trent PLC

12 July 2023

 

Severn Trent Plc confirms fourth year of 4-star EPA status

Severn Trent Plc is pleased to confirm today that Severn Trent Water has been awarded 4-star status in the Environment Agency's 2022 Environmental Performance Assessment ('EPA'). This award makes Severn Trent the first company to have achieved 'industry-leading' status, as defined by the Environment Agency, for four consecutive years.

The EPA is a tool used by the Environment Agency to assess and compare the performance of water companies in England. In order to drive improvements in environmental standards, the assessment rightly tightens each year. Against these increasingly stretching targets, we are pleased to achieve 'green' on each of the seven metrics assessed, maintaining the highest-possible 4-star status for a fourth consecutive year.

The metrics included in the 2022 assessment, of which all have been assessed as 'green', are:

1.   Total pollution incidents

2.   Serious pollution incidents

3.   Self-reporting of pollution incidents

4.   Discharge permit compliance

5.   Satisfactory sludge use and disposal

6.   Delivery of Water Industry National Environment Programme ('WINEP')

7.   Supply Demand Balance Index

Further information on the Environmental Performance Assessment and individual metrics can be found at: https://www.gov.uk/government/publications/water-and-sewerage-companies-in-england-environmental-performance-report-2022.

We are on track to deliver our five Get River Positive pledges, including our commitment to reduce the average number of activations from Combined Sewer Overflows ('CSOs') to 20 by 2025, and our biodiversity and Net Zero plans are progressing at pace. You can read more in our 2023 Sustainability Report at www.severntrent.com.

Liv Garfield, Chief Executive, Severn Trent Plc, said:

"We're pleased to once again be recognised as an industry leader when it comes to environmental performance, achieving the Environment Agency's highest rating for the fourth year running. Whilst the recognition is pleasing, we will continue to keep improving our performance and make a positive difference to the environment around us - whether through delivering our bold Get River Positive pledges, improving the biodiversity of 10,000 hectares of land, or launching the world's first carbon neutral waste water treatment site."

Enquiries

Investors & Analysts
Rachel Martin	Severn Trent Plc	[phone]
Head of Investor Relations
Media
Jonathan Sibun	Teneo	[phone]
Press Office	Severn Trent Plc	[phone]

Cautionary statement regarding forward-looking statements

This document contains statements that are, or may be deemed to be, 'forward-looking statements' with respect to Severn Trent's financial condition, results of operations and business and certain of Severn Trent's plans and objectives with respect to these items.

Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as 'anticipates', 'aims', 'due', 'could', 'may', 'will', 'would', 'should', 'expects', 'believes', 'intends', 'plans', 'projects', 'potential', 'reasonably possible', 'targets', 'goal', 'estimates' or words with a similar meaning, and, in each case, their negative or other variations or comparable terminology. Any forward-looking statements in this document are based on Severn Trent's current expectations and, by their very nature, forward-looking statements are inherently unpredictable, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that may or may not occur in the future.

Forward-looking statements are not guarantees of future performance and no assurances can be given that the forward-looking statements in this document will be realised. There are a number of factors, many of which are beyond Severn Trent's control, that could cause actual results, performance and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to: the Principal Risks and uncertainties detailed in this document; the Principal Risks disclosed in our latest Annual Report and Accounts (which have not been updated since the date of its publication); changes in the economies and markets in which the Group operates; changes in the regulatory and competition frameworks in which the Group operates; the impact of legal or other proceedings against or which affect the Group; and changes in interest and exchange rates.

All written or verbal forward-looking statements, made in this document or made subsequently, which are attributable to Severn Trent or any other member of the Group or persons acting on their behalf are expressly qualified in their entirety by the factors referred to above. No assurances can be given that the forward-looking statements in this document will be realised. This document speaks as at the date of publication.  Save as required by applicable laws and regulations, Severn Trent does not intend to update any forward-looking statements and does not undertake any obligation to do so.  Past performance of securities of Severn Trent Plc cannot be relied upon as a guide to the future performance of securities of Severn Trent Plc.

Nothing in this document should be regarded as a profits forecast.

This document is not an offer to sell, exchange or transfer any securities of Severn Trent Plc or any of its subsidiaries and is not soliciting an offer to purchase, exchange or transfer such securities in any jurisdiction. Securities may not be offered, sold or transferred in the United States absent registration or an applicable exemption from the registration requirements of the US Securities Act of 1933 (as amended).

 

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