Anglian Water has made financial history this week with the issue of the first ever utility sector Sterling (GBP) Green Bond – the £250 million Bond will finance a range of activities that support its ambitious Love Every Drop sustainability strategy.
Operating in one of the driest, yet fastest growing and economically important regions of the UK, Anglian Water is a sustainability leader and innovator in areas including reducing carbon, reducing leakage, encouraging water efficiency, long term water resource planning, and environmental stewardship. The water company has committed to a range of ambitious environmental goals, including pledging to become a carbon neutral business by 2050. Anglian has already reduced embodied carbon by 55% from a 2010 baseline and aims to reach 60% carbon reduction by 2020.
Throughout the next 25 years, it has also pledged to enable sustainable economic and housing growth in the UK’s fastest growing region and make the East of England resilient to the risks of drought and flooding. The sustainability focus at the heart of its business means all of Anglian Water’s capital expenditure qualifies as eligible expenditure for the Green Bond. Click here to read more