Business
ST Plc confirms fifth year of 4-star EPA status
ST Plc confirms fifth year of 4-star EPA status.
About this update from Severn Trent Plc
[{"type":"text","content":"\n\n \nSevern Trent Plc confirms record fifth year of 4-star EPA status\n \nSevern Trent Plc are delighted to confirm today that Severn Trent Water has been awarded the highest-possible 4-star status in the Environment Agency's 2023 Environmental Performance Assessment ('EPA'). This award extends Severn Trent's status as the only company to have achieved five consecutive years of 'industry-leading' environmental status.\n \nThe EPA is a tool used by the Environment Agency to assess and compare the performance of water companies in England. In order to drive improvements in environmental standards, the assessment rightly tightens each year. We are pleased to have maintained the highest-possible 4-star status for a fifth consecutive year against these increasingly stretching targets.\n \nAfter six months of the current period we are on track for a sixth consecutive year of 4-star environmental performance, which would mean we have achieved the highest possible environmental rating for every year of AMP7.\n \nFurther information on the Environmental Performance Assessment and individual metrics can be found at: https://www.gov.uk/government/publications/water-and-sewerage-companies-in-england-environmental-performance-report-2023.\n\nWe remain on track to deliver the most ambitious storm overflow improvement plan in the sector, with our teams delivering interventions daily to improve 900 storm overflows this year alone. The work we have completed so far gives us confidence that we will be able to halve our spills rate by 2030.\n \nPR24 Draft Determination Presentation\n \nWe have also released a presentation this morning giving more detail on the Draft Determination we received from Ofwat on 11 July, which assessed our business plan to be Outstanding. The presentation is available on our website (www.severntrent.com). You will also be able to register online via the same link for two live Q&A sessions we are hosting at 2pm BST and 10pm BST today with Liv Garfield, CEO, Helen Miles, CFO, and Shane Anderson, Director of Strategy and Regulation.\n \nEnquiries\n\n\n\n\n \nInvestors & Analysts\n\n\n\n\n\n\n\n\n\n\nRachel Martin\n\n\nSevern Trent Plc\n\n\n+44 (0) 782 462 4011\n\n\n\n\nHead of Investor Relations\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAndy Farrell\n\n\nSevern Trent Plc\n\n...