Climate & Environment
Stories about Climate & Environment
South West Water owner increases dividend despite losses and fines
South West Water owner Pennon Group has increased its shareholder dividend by nearly 11% to £112 million despite making a pre-tax loss of £8.5 million and being fined £2.15 million after pleading guilty to thirteen environmental offences committed across Devon and Cornwall.
Ofwat launches enforcement investigation into South West Water leakage reporting
Industry regulator Ofwat has launched an enforcement investigation into South West Water leakage performance reporting, the accuracy of which has been in doubt following a November 2022 Ofwat assessment of the company’s progress in this area.
Peninsula Transport publishes South West decarbonisation strategy
Peninsula Transport has published a South West transport decarbonisation strategy which hopes to reduce the 4.4 million tCO2e of greenhouse gas emissions the region’s transport currently generates each year.
Draft Devon, Cornwall and Isles of Scilly climate strategy consultation under way
A public consultation on a draft Devon, Cornwall and Isles of Scilly climate adaptation strategy which will attempt to minimise the impact of climate change on the South West peninsula is under way until 30 June.