Running a water and wastewater business, by its very nature, requires a long-term outlook

Addressing the new remuneration policy requirements has been a key topic for our remuneration committee during the year. The board's intention is to ensure that our remuneration policy reflects our shareholders' expectations and current market practice in order that we can attract, motivate and retain the right individuals with the right skills and experience to contribute to, and ensure, our strategic objectives are implemented efficiently and effectively.

Sara Weller's report as chair of the committee can be found in Annual statement from the remuneration committee chair.

Outcome of the remuneration committee evaluation

The responses reported that the committee was working efficiently with a well-structured work programme, and good support from the HR reward team and external advisors. The committee demonstrated close regard to the views of shareholders and investors. The new reporting requirements had been addressed.