The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSevern Trent Regulatory News (SVT)

Share Price Information for Severn Trent (SVT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,517.00
Bid: 2,517.00
Ask: 2,519.00
Change: 40.00 (1.61%)
Spread: 2.00 (0.079%)
Open: 2,485.00
High: 2,555.00
Low: 2,483.00
Prev. Close: 2,477.00
SVT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

ST Plc confirms third year of 4-star EPA status

14 Jul 2022 07:58

RNS Number : 4722S
Severn Trent PLC
14 July 2022
 

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

 

We confirm today that we have been awarded 4-star Environmental Performance Assessment ('EPA') status by the Environment Agency for the third year running, reflecting our long-standing commitment to the environment. We are one of three companies to be awarded the highest rating on environmental performance.

 

The EPA is a tool for comparing performance between water companies and includes six key metrics:

 

1. Discharge permit compliance

This measure reflects the performance of site compliance with numeric discharge permit conditions. We have achieved green status for the third consecutive year on this metric in 2021, as our teams continue to prioritise compliance through our unique "communication cell" approach, which underpins our performance culture.

 

2. Pollution incidents

For the second consecutive year we have achieved green status on this measure, close to our best-ever performance (achieved in 2020). We are making good progress with our plan to reduce pollutions by 50% by 2025, from a 2020 baseline. We are rolling out 40,000 sewer sensors across our network this AMP and using data analytics to identify and fix problems before they cause a pollution.

 

3. Serious pollution incidents

We have made significant progress in our performance since 2018 and in both 2019 and 2020 we achieved green status. While our performance remains ahead of the sector average, we are disappointed to achieve amber status on this metric in 2021. It is a key area of focus for us and at the halfway point of 2022 there have been zero confirmed serious pollution incidents, which we are working hard to maintain.

 

4. Self-reporting of pollution incidents

This measures the percentage of category 1 to 3 pollution incidents self-reported by a water company. We have seen a year-on year improvement from 2020 to 2021, meeting the 90% threshold at pumping stations and sewage treatment works and hitting green for total self-reported pollutions. For the last four years our metric has been green. We expect to maintain this as we introduce more extensive monitoring on our network and fully deploy our new River Rangers team.

 

5. Supply Demand Balance Index

This metric assesses how the actual supply demand balance has performed compared to what is set out in a water company's Water Resources Management Plan. For 2021 this is a new measure and we were pleased to be assessed as green.

 

6. Water Industry National Environment Programme (WINEP)

This metric relates to the delivery of investment required to ensure we meet tightening environmental standards. In FY22 we delivered over 900 WINEP schemes, of which over 300 counted towards our EPA, achieving 100% and green status. Our WINEP programme is a vital component of our Get River Positive plan, in particular our commitments to reduce the average number of spills to 20 by 2025, and zero RNAGs (Reasons for Not Achieving Good ecological status) from our operations by 2030.

 

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

 

"The environment is at the heart of everything we do and we're pleased to have again been recognised as a leading performer in the sector, achieving the Environment Agency's highest four-star rating for the third year running. That said we are not complacent, and we know there is more to do. Whether it's our Get River Positive pledges, creating bathing quality stretches of river or introducing lost species, we are continuing to work hard to enhance nature across our region. We're focussed on continually improving our performance and preserving our region's most precious natural resource for the benefit of our customers and communities."

Enquiries

 

Investors & Analysts

Rachel Martin

Severn Trent Plc

+44 (0) 7824 624 011

Head of Investor Relations

Dominique Mowle

Severn Trent Plc

+44 (0) 7967 767 079

Investor Relations Manager

Media

Jonathan Sibun

Tulchan Communications

+44 (0) 207 353 4200

Press Office

Severn Trent Plc

+44 (0) 247 771 5640

 

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).

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CIRSFWSMLEESEIW
Date   Source Headline
3rd May 20243:29 pmRNSDirector/PDMR Shareholding
1st May 202412:23 pmRNSTotal Voting Rights
1st May 202410:41 amRNSBlock listing Interim Review
26th Apr 202410:06 amRNSHolding(s) in Company
2nd Apr 20241:11 pmRNSTotal Voting Rights
18th Mar 20247:00 amRNSST Plc - Appointment of Non-Executive Director
20th Feb 20243:56 pmRNSPublication of Suppl.Prospcts
14th Feb 20247:00 amRNSSevern Trent Plc Trading Update
24th Jan 202410:41 amRNSPublication of Supplementary Prospectus
4th Jan 202412:06 pmRNSDirector/PDMR Shareholding
2nd Jan 202411:05 amRNSTotal Voting Rights
7th Dec 20239:51 amRNSDirector/PDMR Shareholding
1st Dec 20231:47 pmRNSTotal Voting Rights
1st Dec 20237:00 amRNSSevern Trent Plc – Director Resignation
30th Nov 20237:00 amRNSAdditional Listing
22nd Nov 20237:00 amRNSInterim results for the six months to 30 Sept 2023
3rd Nov 202310:38 amRNSSevern Trent Plc - Change of Auditor
1st Nov 202310:23 amRNSBlock listing Interim Review
31st Oct 202310:29 amRNSTotal Voting Rights
12th Oct 20237:00 amRNSSevern Trent Plc PR24 Capital Markets Day
5th Oct 202310:33 amRNSHolding(s) in Company
3rd Oct 20231:56 pmRNSTotal Voting Rights
2nd Oct 20233:59 pmRNSTotal Voting Rights
2nd Oct 20237:00 amRNSSevern Trent submits PR24 Business Plan
29th Sep 20237:02 amRNSRetail Offer via PrimaryBid
29th Sep 20237:01 amRNSProposed placing of new ordinary shares
29th Sep 20237:00 amRNSSevern Trent PR24 Business Plan Summary
1st Sep 202311:57 amRNSTotal Voting Rights
1st Aug 20234:56 pmRNSSevern Trent Plc Total Voting Rights
27th Jul 20233:35 pmRNSSevern Trent Plc - Publication of Prospectus
27th Jul 202311:02 amRNSDirector/PDMR Shareholding
19th Jul 20237:00 amRNSSevern Trent Plc Trading Update
12th Jul 20233:04 pmRNSST Plc confirms fourth year of 4-star EPA status
6th Jul 202312:01 pmRNSSevern Trent Plc - Result of AGM
3rd Jul 20231:01 pmRNSTotal Voting Rights
28th Jun 20234:20 pmRNSDirector/PDMR Shareholding
21st Jun 20235:07 pmRNSDirector/PDMR Shareholding
14th Jun 202312:47 pmRNSDirector/PDMR Shareholding
8th Jun 20237:00 amRNSBoard and Board Committee Changes
7th Jun 20233:12 pmRNSDirector/PDMR Shareholding
6th Jun 20237:00 amRNSSevern Trent Plc - Annual Report and Notice of AGM
1st Jun 202311:17 amRNSTotal Voting Rights
24th May 20237:00 amRNSAnnual Results for the year ended 31 March 2023
2nd May 20232:10 pmRNSTotal Voting Rights
2nd May 202310:51 amRNSBlock listing Interim Review
24th Apr 20232:44 pmRNSHolding(s) in Company
3rd Apr 20233:54 pmRNSSevern Trent Plc Total Voting Rights
29th Mar 20232:51 pmRNSDirector/PDMR Shareholding
24th Mar 202312:38 pmRNSDirector/PDMR Shareholding
1st Mar 202310:29 amRNSTotal Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.