Pennon Group - Overview

The Board’s strategy is to promote the success of the Group for the benefit of its shareholders through its focus on water and sewerage services, waste management and renewable energy.

In pursuit of its strategy the Group aims to be a pre-eminent provider of customer services to high standards of quality, efficiency and reliability whilst having regard to a wide range of matters including:

the impact of its operations and activities on the community and the environment
maintaining high standards of business conduct
the need to foster business relationships with suppliers, customers and other key persons important to the success of the Group
the likely long-term consequences of any decisions
the interests of employees.

Corporate Responsibility Committee

The Pennon Group Corporate Responsibility Committee is chaired by Dinah Nichols, a Pennon Group Non-executive Director. The two other Pennon Group Non-executive Directors are also members as well as the Chief Executives of South West Water and Viridor.

Pennon Group operates environmentally sensitive and sustainable businesses and the Board monitors the Group’s performance on environmental, societal, workplace and governance matters through its Corporate Responsibility Committee.

The Corporate Responsibility Committee reviews the strategies, policies, management, initiatives, targets and performance of the Pennon Group of companies in the areas of occupational health and safety and security, the environment, the workplace, corporate policies, non-financial regulatory compliance and the role of the Group in society.

Corporate Responsibility Objectives

We have the following corporate responsibility objectives, to which the targets of South West Water and Viridor are aligned, to:

manage Pennon Group as a sustainable and successful business for the benefit of shareholders
aim to ensure that all our business activities have a positive economic, social and environmental impact on the communities in which we operate
engage with all our stakeholders and to foster good relationships with them
strive for the highest standards of health and safety in the workplace so as to minimise accidents, incidents and lost time
develop and motivate our employees, to treat them fairly and ensure that they are fully engaged in all aspects of the Group’s objectives
aspire to leadership in minimising emissions that contribute to climate change, and to develop climate change adaptation strategies
aspire to leadership in all aspects of resource efficiency
comply with all legislative environmental standards and to exceed them where appropriate.