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Severn Trent To Invest £1.2bn In Sustainability Commitments
With the reality of the climate crisis now setting in, people are starting to think more carefully about the brands they choose to do business with – and if sustainability is a cause close to your heart, you may want to take a leaf out of Severn Trent’s book and review your own water strategy.
Why? Because the firm has just made a series of long-term commitments that will help deliver customer outcomes as set out in its business plan for the coming five years, while securing a sustainable long-term future for the business itself.
Over the last five years, significant strides have already been made to become more sustainable, with more than £190 million invested in the green energy business to achieve its target of self-generating more than 50 per cent of its energy needs.
Since 2015, it has also reduced its net carbon emissions by 40 per cent, invested £350 million in improving 1,600km of river quality and reduced leakage by six per cent.
“We’re incredibly proud of the work we have done so far when it comes to sustainability and excited that our stakeholders support the approach we are taking for the future.
“By committing to invest £1.2 billion in the next five years we believe we can make a real difference to the environment and people we serve while delivering strong business outcomes at the same time,” chief executive of Severn Trent Liv Garfield said.
The new plans include delivering a Triple Carbon Pledge of net zero emissions, ten per cent energy from renewable sources and a 100 per cent electric fleet of vehicles by the year 2030.
From April 1st this year, Severn Trent also wants to achieve its 100 per cent renewable energy target, with more than 50 per cent coming from self-generation. Only electric cars will be purchased from now on and only electric vans from 2023.
In addition, it wants to reduce leakage by 15 per cent by 2025 and by 50 per cent come 2045, while working with 9,000 farmers to adapt working practices and turn to nature-based solutions to drive down pollutants in 44 catchments.
There are all sorts of benefits associated with being more sustainable in your approach to how you use and consume water, but first you need to find out where improvements can be made in this regard.
A full audit of your water use and present billing will identify any areas of concern. If, for example, we see a sudden spike in usage, we know there may well be a water leak somewhere on site and this can be addressed as a matter of urgency. Get in touch with the H2o Building Services team today to find out more.