Severn Trent scores highly in responsible businesses ranking
Severn Trent has been recognised for its environmental, social and ethical performance.
The company came 11th in the new Tortoise Intelligence Responsibility100 Index which ranks the entire FTSE 100.
The index ranks FTSE 100 companies on their performance through the lens of People and Planet impacts. The index is further grouped under seven pillars (Poverty, Education, Equality, Good Business, Climate, Partnership and Justice) and then decides how good the companies are at actually doing what they say they’ll do – leading to ‘Talk’ and ‘Walk’ scores.
Liv Garfield, Severn Trent CEO, said: “We’re delighted to appear in the first ever Responsibility100 Index, it really does show the massive strides we’ve been making in recent years to become a much more responsible company that does the right thing for all of our stakeholders, no matter how small.
“We absolutely know just how the big the impact we can have on our customers, on our communities and on the environment which is why we take that responsibility extremely seriously.
“It’s why we’ve launched our new £10 million community fund, why we self-generate the equivalent of half of the energy we use, and why we live and breathe social mobility – offering everyone the chance to not only join Severn Trent but also to be the best they can be while with us.”
The ranking uses measures that deliver on the UN Sustainable Development Goals, with each company’s score calculated from publicly-available data across more than 200 sources.
The Index was launched by Tortoise Media, which was created by James Harding, former Times Editor and former Head of BBC News.
- Anglian Water to carry out solar installation Anglian Water is set to carry out an installation of solar panels at one of its key operational sites in Huntingdonshire... Read More >
- Government backs technology to convert wastewater into commercial fertiliser CCm Technologies in partnership with Severn Trent has been awarded approximately £1 million government funding to explore... Read More >
- Water companies must ‘be braver' to cut pollution, Isle insists UK water companies must be “bold and brave” if they are to achieve ambitious pollution targets and meet the high... Read More >
- Technology to cut carbon emissions and adapt to climate change Institute of Water member Neil Kitching has published a book on climate change and nature. Here, he explains how... Read More >
- Day Zero: Waking up to water scarcity David Hartwell of Creative EC, explains why Day Zero might be closer than we think and how water event metering could help... Read More >
- 'There's a Hole in my Bucket, dear Boris, dear Boris' David McNeice, Director in DWF's Water practice, analyses the Public Accounts Committee's report on the outlook of... Read More >
- Maximising water efficiency savings from smart meters and adapting to lockdown From 1 September, Thames Water will restart its award-winning programme of in-home water efficiency visits having used... Read More >
- Bubbling up: the impact of rising water risk With water risk on the rise, Erin Boeke Burke, associate director, sustainable finance at S&P Global Ratings, considers... Read More >