Anchored by Purpose: Building a resilient future
July 11, 2024
Our purpose is to bring environmental and social prosperity to the region we serve through our commitment to Love Every Drop. This kept us striving for the greatest outcomes during a challenging year defined by sector instability, operational challenges driven by climate change and a continued cost-of-living crisis. Our Annual Integrated Report provides an update on our performance throughout the financial year 2023/24.
2023/24 was a year of strong financial performance, underlined by support from our shareholders, who have agreed £350 million of additional investment - including £100 million to accelerate our work on reducing spills and pollutions. The year also saw our highest-ever annual investment in our capital programme, with over £960 million invested in schemes to build resilience and support environmental improvements. With next year marking the last year of AMP7 (2020-2025) we are in a strong financial position, with all funding in place to complete our plans to 2025.