Ofwat, the water regulator for England and Wales, has announced a cut in customer bills after it found that 11 water companies have missed their pollution targets. Thames Water and Southern Water will have to return £51m ($58m, €58.1m) and £28m ($31.9m, €32.1m), respectively, after failing to comply with regulations on water treatment, pollution incidents and internal sewer flooding from 2021 to 2022.
The government and water companies have faced widespread criticism for permitting the dumping of raw sewage, despite the practice only being allowed during periods of high rainfall. ‘We expect companies to improve their performance every year; where they fail to do so, we will hold them to account,’ says David Black, CEO of Ofwat.
With growing consumer calls to protect the environment, some organisations are awarding legal rights to the natural world as a way to help stop ecological destruction, and to ensure sustainable actions are a legal requirement.
Strategic opportunity
Companies should look to implement preventative measures now, as laws and policies could become tougher. Consider the natural world and adopt a less human-centric mentality within sustainability strategies.