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REG - Severn Trent PLC - ST Plc confirms fourth year of 4-star EPA status

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RNS Number : 8353F  Severn Trent PLC  12 July 2023

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

 

Severn Trent Plc is pleased to confirm today that Severn Trent Water has been
awarded 4-star status in the Environment Agency's 2022 Environmental
Performance Assessment ('EPA'). This award makes Severn Trent the first
company to have achieved 'industry-leading' status, as defined by the
Environment Agency, for four consecutive years.

 

The EPA is a tool used by the Environment Agency to assess and compare the
performance of water companies in England. In order to drive improvements in
environmental standards, the assessment rightly tightens each year. Against
these increasingly stretching targets, we are pleased to achieve 'green' on
each of the seven metrics assessed, maintaining the highest-possible 4-star
status for a fourth consecutive year.

 

The metrics included in the 2022 assessment, of which all have been assessed
as 'green', are:

 

1.   Total pollution incidents

2.   Serious pollution incidents

3.   Self-reporting of pollution incidents

4.   Discharge permit compliance

5.   Satisfactory sludge use and disposal

6.   Delivery of Water Industry National Environment Programme ('WINEP')

7.   Supply Demand Balance Index

 

Further information on the Environmental Performance Assessment and individual
metrics can be found at:
https://www.gov.uk/government/publications/water-and-sewerage-companies-in-england-environmental-performance-report-2022
(https://www.gov.uk/government/publications/water-and-sewerage-companies-in-england-environmental-performance-report-2022)
.

We are on track to deliver our five Get River Positive pledges, including our
commitment to reduce the average number of activations from Combined Sewer
Overflows ('CSOs') to 20 by 2025, and our biodiversity and Net Zero plans are
progressing at pace. You can read more in our 2023 Sustainability Report at
www.severntrent.com.

 

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

 

"We're pleased to once again be recognised as an industry leader when it comes
to environmental performance, achieving the Environment Agency's highest
rating for the fourth year running. Whilst the recognition is pleasing, we
will continue to keep improving our performance and make a positive difference
to the environment around us - whether through delivering our bold Get River
Positive pledges, improving the biodiversity of 10,000 hectares of land, or
launching the world's first carbon neutral waste water treatment site."

 

 

Enquiries

 Investors & Analysts
 Rachel Martin               Severn Trent Plc  +44 (0) 7824 624 011
 Head of Investor Relations

 Media
 Jonathan Sibun              Teneo             +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).

 

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.

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.   END  CIRFLFEVDRIFLIV

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