Rewards for water heads in England This year may be banned for companies that leak sewage, law crash or poor financial resources.
Organizer I launched advice In the draft standards according to which the rewards paid to the chief executives will be prohibited. Off -Guardian sources have been almost certain that some of the rewards of the Executive Director of Water this year.
New forces below water (Special measures) The law means that the regulator can ban the rewards of the executive directors of the water company according to the Offat selection standards, taking into account consultation.
However, activists said that the proposed measures are not suitable for the purpose. OFAT said that rewards will be banned if water companies are granted a class of one stars by the Environment Agency. but According to these criteriaNo rewards in the fiscal year 2023-24 were banned, as each water company has achieved a rating more than one star.
Environmental activists said that the EA classification scheme does not work properly, because it is likely that it will be granted companies that illegally discipline wastewater.
Under the classifications, companies are judged on seven standards including the elasticity of drought and transparency: if they are largely recorded in some of these signs, they can get higher signs, whether they have high levels of wastewater spills or not.
Feargal Sharke, a former water activist and anterior man, said the classification of the Environmental Protection Agency is not a good measure enough for environmental performance.
He said: “The last time that any person got a classification from one stars, the southern waters were in 2021, yet these companies continue to empty wastewater illegally-how bad they are bad?
The rewards for the heads of the water company in England and Wales increased to 9.1 million pounds last year. More than a third of this group was in Severn Trent, who was A fine of 2 million pounds In the same year of “reckless” pollution, but raised it Rewards to 3.36 million pounds.
Other criteria for prohibiting rewards are if the company is fined because of the main legal consumer duty, if its licensing requirements are violated to keep adequate credit classification and/or then fail to comply with an enforcement or pledge order, or if he is convicted of any criminal crimes.
Corporates said The prohibition of the reward can be defrauded By increasing the executive wages.
“The idea that reducing the executive wage related to performance will reduce pollution is laughing.” The heads of the water company will simply increase their salaries with millions of pounds to new rules.
OFWAT said: “We know that public confidence in the water sector is at the lowest level ever, and we believe that in the public interest the rule is applied as soon as possible. We have suggested implementing our new bonus paid bonuses from April 1, 2024 onwards.”
Water UK, which represents water companies, rejected the comment.
