Water Companies: Finance
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, whether steps will be taken to increase transparency in reporting on the allocation of revenue across infrastructure investment, executive remuneration, shareholder returns and customer bills across the water industry.
Answered by Emma Hardy
We have already taken steps to increase transparency of water company finances. Under the Water (Special Measures) Act, water companies are required to ensure the public has access to clear and concise information on their finances. In March 2026, Ofwat published updated financial transparency requirements, which include new reporting requirements for water companies on dividends and the total remuneration received by each director (including any bonuses) in their annual performance reports. Companies already report on infrastructure investment and customer bills in their annual performance reports.
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