Severn Trent Water slammed as execs rake in £4,871,700 in pay & perks

7 Nov 2023

New analysis of Company House records has revealed the country’s water industry paid out a staggering £10 million in executive salaries last year, the highest on record.

Severn Trent Water has rewarded its 2 executives with a staggering £1,237,100 in base pay, bonuses and pensions. This is despite the firm pumping raw sewage into the local area, including into the River Severn upstream of Bewdley and Stourport.

Since 2020, executives at the water firm have paid themselves £15,096,700 in pay and perks.

The local Liberal Democrats have called for a ban on all CEO bonuses within the water industry, as well as the firms to be reformed as “public public companies”. The reforms would put an end to profit before the environment and ensure their boards including environmental experts.

Liberal Democrat candidate for the Wyre Forest, Shazu Miah said:

“Our local waterways are being pumped full of raw disgusting sewage, all whilst the water firm hand themselves insulting pay-outs. The whole thing stinks. These salaries and perks have reached eye-watering levels, yet Conservative Ministers refuse to act."

“This country’s water industry has become a gravy train where sewage and money flows freely. This is a scandal and happening on this government’s watch."

“These bonuses and perks need to be banned as long as the sewage scandal continues. Bonuses should be a reward for success, not committing environmental crimes.”

Back our campaign to make water companies fund clean-up of the River Severn - https://wmlibdems.typeform.com/SewagePetition

We are calling for meaningful action to reverse the decline in our natural environment, by:

Halting sewage discharges by mandating major sewage infrastructure upgrades as well as reducing other river pollution and setting new “blue flag” standards for rivers.
Halting the decline in nature by 2030 and “doubling nature” by 2050. We would do this by doubling the amount of land that is protected and managed for nature, doubling the area of the most important habitats, and doubling species abundance.
Introducing a ‘Right to Nature’, establishing everyone’s right to healthy air, clean water and access to nature.
Reforming the planning system to ensure decisions are compatible with nature’s recovery and climate change mitigation, and designating more areas for wildlife.
Introducing an Environment and Wellbeing Budget, focused on ensuring we are a country that is rich in nature.

Email Contact: hello@wyreforestlibdems.org.uk

This website uses cookies

Like most websites, this site uses cookies. Some are required to make it work, while others are used for statistical or marketing purposes. If you choose not to allow cookies some features may not be available, such as content from other websites. Please read our Cookie Policy for more information.

Essential Essential cookies enable basic functions and are necessary for the website to function properly.

Analytics Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.

Marketing Marketing cookies are used by third parties or publishers to display personalized advertisements. They do this by tracking visitors across websites.