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United Utilities publishes its sustainable finance framework allocation and impact report 2023

17 Jul 2023

In accordance with its sustainable finance framework, United Utilities has today published its Allocation and Impact Report 2023, which is available here.

We are pleased to introduce our 2023 allocation and impact report. This details the proceeds from funds raised under our sustainable finance framework, which includes a £150m sustainable loan raised during the year, and the amount allocated to Eligible Projects. It provides an overview of the environmental and social impacts generated by our activities, investments and expenditures as well as providing case studies relating to projects funded by the proceeds.

KPMG LLP, our independent auditor, has provided limited assurance over selected information in the report using the assurance standard ISAE (UK) 3000, which is available here.

This report complements our comprehensive corporate reporting of financial and non-financial information that aims to provide stakeholders with the evidence that we are purpose led and that we focus on what matters to them. We see sustainable finance and this report as part of demonstrating our commitment to our ambition to build a stronger, greener, healthier North West on behalf of customers, communities and the environment.