South West Water Finance PLC

Unverified
XFID Unique Identifier for South West Water Finance PLC: XOB6ADBL6M
Website
pennon-group.co.uk
7 Impact Reports
6 Prospectuss
3 Frameworks
2 Assurance Reports
XFID Type Title Year Source Retrieved
XF-QLW3D2N-P Prospectus FIRST SUPPLEMENTARY PROSPECTUS DATED 28 NOVEMBER 2024 TO THE BASE PROSPECTUS DATED 2024 pennon-group.co.uk 30 Mar 2026
XF-9EQJ1RQ-K Prospectus FIRST SUPPLEMENTARY PROSPECTUS DATED 1 DECEMBER 2025 TO THE BASE PROSPECTUS DATED 2025 pennon-group.co.uk 30 Mar 2026
XF-4QYQQX9-9 Prospectus BASE PROSPECTUS DATED 23 JULY 2024 2024 pennon-group.co.uk 30 Mar 2026
XF-O2GJCL2-J Impact Report Sustainable Financing Framework 2020 2020 pennon-group.co.uk 30 Mar 2026
XF-LOEXHXF-H Impact Report Sustainable Financing Framework 2019 2019 pennon-group.co.uk 30 Mar 2026
XF-L3A25O5-M Impact Report Sustainable Financing Framework Annual Allocation and Impact Report 2025 2025 pennon-group.co.uk 30 Mar 2026
XF-K6BDZ2N-4 Impact Report Sustainable Financing Framework Annual Allocation and Impact Report 2024 2024 pennon-group.co.uk 30 Mar 2026
XF-LT4BGTY-L Impact Report Sustainable Financing Framework Annual Allocation and Impact Report 2023 2023 pennon-group.co.uk 30 Mar 2026
XF-KSE0U9I-2 Impact Report Sustainable Financing Framework 2022 pennon-group.co.uk 30 Mar 2026
XF-R4DSDTR-J Impact Report Sustainable Financing Framework 2021 2021 pennon-group.co.uk 30 Mar 2026
XF-PZCPXR0-D Framework Debt Investors | Pennon Group PLC 2024 pennon-group.co.uk 30 Mar 2026
XF-SIUMEBY-C Framework Sustainable Financing Framework 2024 2024 pennon-group.co.uk 30 Mar 2026
XF-26TJ63B-9 Framework PENNON’S SUSTAINABLE FINANCE FRAMEWORK 2024 2024 pennon-group.co.uk 30 Mar 2026
XF-WHJ6RCV-L Prospectus Publication of Prospectus | Pennon Group PLC 2013 1 Jan 2026
XF-QFXW28X-W Prospectus Publication of Prospectus | Pennon Group PLC 2017 1 Jan 2026
XF-LQOG18E-Y Prospectus | Pennon Group PLC 1 Jan 2026
XF-2WJJ2H0-J Assurance Report B4SI Assurance Statement 2025 2025 1 Jan 2026
XF-Q2H04H0-K Assurance Report Independent Assurance Report to the Directors of Pennon Group plc 2025 1 Jan 2026

Press Coverage (2)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 18 documents in the XframeworkID registry

NACE E Water Supply, Sewerage & Waste

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
South West Water Finance PLC, United Kingdom FRAMEWORK 2024 2024
Issuer sector/industry classification
Water Supply, Sewerage & Waste FRAMEWORK 2024 2024
Issuer organizational structure
Public Limited Company (FTSE 250) FRAMEWORK 2024 2024
Core business activities and geographic focus
Water and wastewater services to South-West England and Southern England; retail water services; renewable energy generation. Serves 3.5 million customers across nine counties and 380,000 business customers across UK. Geographic presence includes South West England, Bristol, and Southern England (Sutton and East Surrey Water) FRAMEWORK 2024 2024
Issuer type
Utility company (water and wastewater services provider) FRAMEWORK 2024 2024
Parent company or ownership structure
Pennon Group plc is parent company; South West Water Limited is guarantor of South West Water Finance plc FRAMEWORK 2024 2024

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Net Zero commitment; ESG targets set for 2021/22 to 2025; renewable energy generation up to 135 GWh by 2027 through Pennon Power; focus on water resilience, sustainability, and environmental protection FRAMEWORK 2024 2024
Corporate purpose statement relating to sustainability
Bringing water to life – supporting the lives of people and the places they love for generations to come FRAMEWORK 2024 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Pennon's Sustainable Finance Framework 2024; Sustainable Financing Framework 2024 FRAMEWORK 2024 2024
Framework publication date and update history
2024 version; framework originally developed in 2018; annual updates through 2020, 2021, 2022, 2023, 2024, 2025 IMPACT 2019 2019

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with ICMA Green Bond Principles (GBP) IMPACT 2019 2019
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with ICMA Social Bond Principles (SBP) and Sustainability Bond Guidelines IMPACT 2019 2019
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with LMA Green Loan Principles (GLP) IMPACT 2019 2019

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
DNV Business Assurance Services UK Limited, 18 July 2024 FRAMEWORK 2024 2024
SPO assessment scope and methodology
Assessment of Sustainable Finance Framework 2024 alignment with ICMA principles and company's ESG targets and materiality assessment FRAMEWORK 2024 2024
Assurance provider name and engagement period
Jacobs U.K. Limited, engagement period April 2024 to March 2025; Corporate Citizenship (part of SLR) reviewing B4SI Framework usage April 2024 to March 2025 ASSURANCE 2025 2025
Assurance scope
Selected Environmental, Social and Governance (ESG) metrics as reported in Annual Report and Accounts 2025 and ESG Databook 2025; B4SI Framework measurement of corporate community investment programmes ASSURANCE 2025 2025
Assurance level
Limited assurance ASSURANCE 2025 2025
Assurance standard used
ISAE 3000 (Revised) - International Standard on Assurance Engagements 3000 ASSURANCE 2025 2025

Issuance Details

EMTN programme amount and launch date
£2.5 billion EMTN programme launched July 2024 FRAMEWORK 2024 2024

Sustainability & Climate Commitments

Net zero target year
Net Zero target (specific year not specified in documents) FRAMEWORK 2024 2024

Impact Metrics & Reporting

Annual renewable energy produced target
135 GWh by 2027 through Pennon Power FRAMEWORK 2024 2024
Population served
3.5 million customers across nine counties; 380,000 business customers across UK FRAMEWORK 2024 2024

Changes Over Time

Items where disclosed information changed across documents.

Issuer name
2019 South West Water Finance PLC (subsidiary of Pennon Group)
2020 South West Water Finance PLC
2024 Pennon Group
2024 South West Water Finance PLC
Parent company or ownership structure
2019 Pennon Group
2020 Part of Pennon Group
2024 Pennon Group
Framework publication date and update history
2019 2018 (developed), 2019 annual allocation and impact reporting
2020 2020
Eligible use-of-proceeds categories
2019 Pollution prevention and control; Sustainable water and wastewater management; Climate change adaptation
2020 Water Treatment Works, Wastewater Treatment Works, Bathing and Shellfish Water Investment, Upstream/Downstream initiatives
2022 Renewables and innovation, ESG initiatives and projects, water treatment works, renewable energy generation, biodiversity
2023 Water Resources / Resilience, Net Zero achievements and impact, WaterFit
Corporate purpose statement relating to sustainability
2019 To demonstrate environmentally and socially sustainable outcomes through investment in water, wastewater and waste management activities
2020 Bringing water to life - Supporting the lives of people and the places they love for generations to come
Corporate values
2020 Trusted, Responsible, Collaborative, Progressive
2023 Be open and inclusive; Be trusted and authentic; Be rock solid; Embrace change and drive progress
Reporting commitments under framework
2020 Annual allocation and impact reporting
2024 Annual Allocation and Impact Report
Parent company
2021 Pennon Group
2022 Pennon
2023 Pennon Group
Corporate mission and sustainability strategy
2021 Role of responsible business as stewardship for sustainable living, supporting communities, customers and the environment to thrive, now and into the future
2025 Long-term growth and sustainability underpinned by strong governance and disciplined capital allocation framework
Sustainability strategy pillar
2022 Leadership in UK water
2022 Efficient operations