A White Paper
To protect public health, improve the environment, unlock environmental growth, and act as a responsible leader at the heart of England’s regions today and in the future.
By 2050, we will be globally recognised as an environmental leader, stewarding the improvement of rivers and seas, acting on the climate emergency and protecting customers’ long-term interests.
The water sector faces enormous challenges over the next 30 years:
Meeting customers' increasing expectations for improved services
Climate change impacts, such as drought, flooding and other extreme weather events
Reversing the decline in biodiversity
Decarbonising our operations and supply chain
Comparing the scale of each of the challenges, climate change and the biodiversity crisis have the biggest impact on our ability to deliver our purpose.
Water 2050: A White Paper
Our twin priorities are:
Ensuring that every pound spent delivers maximum environmental impact for money
Joint evaluation of investments’ value and risk, ensuring the best value interventions are taken forward
How we will achieve this
To overcome these challenges and achieve our Vision, water companies, the supply chain, Government, regulators, customers and communities must all come together.
Priority area 1
Delivering environmental impact more efficiently
- Introduce Outcome-Based Environmental Regulation – a new model for regulation that unlocks innovation and empowers water companies to deliver the most environmental improvement with the lowest possible impact to bills
- Ensure the sector has world-class green skills and the mindset to innovate
Priority area 2
Protecting long-term customer interests through the right investments at the right time
- Establish sector-wide planning, resilience and risk frameworks
- Develop forward-looking approaches to investment decisions
- Bring together plans into a single joined-up long-term adaptive plan