UK Government to Ban Bonuses for Polluting Water Company Executives
Starting in the 2024/25 financial year, water company bosses responsible for illegal sewage spills will be prohibited from receiving bonuses.
- Environment Secretary Stephen Barclay announced the measure in response to public outrage over sewage pollution in rivers and seas.
- The ban will apply to chief executives and all executive board members of water companies found guilty of illegal pollution.
- Environmental campaigners and political opponents have criticized the move as too weak, urging immediate action and stricter enforcement.
- Water companies face fines of up to 10% of their turnover for poor customer service, including persistent disruptions to water supplies.
- Ofwat, the industry regulator, will consult on the criteria for blocking bonuses, focusing on serious pollution incidents and management failings.