Our Sustainable Finance Framework aligns our financing with the company’s strong social and environmental credentials.
This framework demonstrates how investment in our business makes a positive impact across the south west. It also provides us with the means to raise debt finance to achieve our purpose, support our customers’ health and wellbeing, and enhance the environment and diverse communities we serve.
Sustainable Finance Framework
Our commitment to delivering a better future
The Sustainable Finance Framework aligns our purpose and business plan commitments to our financing ambitions though the use of targeted financing.
Under this framework, we may issue green, social and/or sustainability debt instruments to support our environmental and social objectives.
Our framework follows the principles and guidelines published by the International Capital Markets Association (ICMA) and Loan Market Association (LMA).
We intend to follow best market practices where possible and in doing so have structured our framework to focus on the four core components of these principles and guidelines, which are:
use of proceeds
process for project evaluation and selection
management of proceeds
We are pleased to launch our first Sustainable Finance Framework which supports our financing ambitions to deliver tangible environmental and social benefits. Our commitment to delivering a better future will allow our investors to participate in funding our provision of water and wastewater services on a sustainable basis, helping to achieve global climate change targets and contributing to the United Nations’ Sustainable Development Goals.