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United Utilities publishes its sustainable finance allocation and impact report 2021

16 Jul 2021

In accordance with its sustainable finance framework, United Utilities has today published its Allocation and Impact Report 2021, which is available here.

Environmental, social and governance (ESG) is at our heart and always has been; we have a deep connection with the environment and the communities we serve.

The publication of our sustainable finance framework in November 2020 was another demonstration of our strong track record of operating in a responsible manner and how we fulfil our purpose to deliver great water and more for the North West.

Following the issuance of our inaugural sustainable bond in January 2021, we are delighted to be publishing our Allocation and Impact Report 2021 in accordance with our sustainable finance framework. This report details the proceeds from our debut bond and the amount allocated to eligible projects. The report also provides an overview of the environmental and social impacts generated by our activities, investments and expenditures including how we have delivered our best ever leakage reduction performance and ensured there have been no serious pollution incidents for the second year running.

This report complements our comprehensive corporate reporting of financial and non-financial information that aims to provide stakeholders with the evidence that we are purpose led and that we focus on what matters to them.

KPMG LLP, our independent auditor, has provided limited assurance over selected information within the Allocation and Impact Report 2021 using assurance standard ISAE (UK) 3000, which is available here.