Water company moves step closer to creating 500 new jobs
- Credit: SWW
South Water is a step nearer to creating up to 500 new jobs with its green strategy for the future.
It has welcomed the key draft decision and support of its Green Recovery Initiative by the regulator Ofwat.
The company says this is positive news for the South West and will see carefully planned investment across the whole of the region. It will also a see the new jobs, support the wider supply chain and help the region’s economy recover and protect the environment.
Projects are focused on what matters most to customers and those that improve public health, protect the environment and address climate change.
Some of the key focus areas are to take action to eliminate harm from storm overflows; trial improvements to river quality to match standards of bathing waters and deliver low carbon water treatment works to contribute to ambitious Net Zero commitment.
The initiative will also focus on restoring more of the South West peatland to reduce carbon emissions and work to create smarter, healthier homes to help customers with water efficiency to reduce usage and bills.
The Initiative was developed with input from customers who, when surveyed, strongly endorsed the proposals. Support was also given by the independent WaterShare+ Advisory Panel, whose role includes holding the company to account in delivering for customers.
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Susan Davy, Chief Executive Officer of South West Water’s parent company, Pennon Group, said: “We are confident South West Water can step up to the challenge, deliver for all, and play our part in the Green Recovery. Alongside our current business plan, we are confident in the delivery of these initiatives and we will continue to engage with customers and our stakeholders.”
Lord Matthew Taylor, Chair of the WaterShare+ Advisory Panel, said: “It’s great news to see the regulator is supportive of South West Water’s plans to create jobs, address pressing environmental issues and to keep customer bills low."
SWW say this is good news ahead of the G7 Summit which will see world leaders gather to discuss some of the issues facing the planet, from tackling climate change to the ongoing pandemic.
Its Green Recovery initiative supports both.