Ofwat today urged water companies to step up and take further action in their decarbonization plans.
The water utilities regulator, which last month unveiled plans to increase credit quality and transparency standards for businesses, said the sector must go beyond what’s on offer. in the Water UK 2030 Routemap by addressing embedded carbon emissions.
It is the carbon that is emitted during the construction of infrastructure.
In a document released today, Ofwat calls on water companies to align their plans with the national government’s net zero targets and stresses that companies’ greenhouse gas emissions must first be reduced and eliminated before they are use offsets to reduce their emissions.
John Russell, Senior Director of Policy at Ofwat, said: “Water companies need to be in the best possible position to meet their net zero goals and meet the challenges that come with them.
“We welcome the ambition of the sector, but we need water companies to tackle and fully report on their carbon emissions if they are to make the changes needed to preserve and improve the environment.
“We will work with the industry to further develop reporting requirements to ensure the industry offers net zero.”
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