Company Directory - Ofwat
Company Details - Ofwat
Ofwat
WebsiteUnited Kingdom
The Water Services Regulation Authority (Ofwat) is responsible for regulating the water industry in England and Wales. Its role includes monitoring water service companies, ensuring consumers receive good service, and promoting efficient use of water resources.
CCI Score
CCI Score: Ofwat
46.01
Latest Event
High Court Challenge Over Water Bill Hikes
Environmental campaign group River Action has initiated a High Court challenge against Ofwat, alleging that its approved water bill increases effectively force consumers to pay twice – once for standard rates and again for covering infrastructure deficits. The campaign contends that Ofwat’s process did not ensure that the increased funds would directly fund necessary maintenance and improvements.
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LEADER
Ofwat is currently rated as a Leader.
Latest Events
- JUN242025
Environmental campaign group River Action has initiated a High Court challenge against Ofwat, alleging that its approved water bill increases effectively force consumers to pay twice – once for standard rates and again for covering infrastructure deficits. The campaign contends that Ofwat’s process did not ensure that the increased funds would directly fund necessary maintenance and improvements.
-50
Public and Political Behavior
June 25
Ofwat’s regulatory process is being challenged for failing to protect public interest by approving water bill rises that may burden customers with double charges. This undermines public trust and suggests a political behavior that favors industry interests over consumer welfare.
-40
Regulatory Capture
June 25
The challenge highlights concerns of regulatory capture, with Ofwat’s review process allegedly neglecting to secure a proper reinvestment of increased funds into infrastructure. This raises questions about the regulator’s impartiality and its alignment with corporate rather than public interests.
- JUN062025
Ofwat has published new rules under the Water (Special Measures) Act that ban bonuses for water company executives from firms that fail to meet core environmental, financial, and consumer standards. The measures, intended to boost accountability and promote ethical business practices, come into effect immediately.
+70
Public and Political Behavior
June 25
By implementing these strict bonus regulations, Ofwat reinforces accountability in the water sector, ensuring that executive compensation is tied to environmental performance and consumer outcomes. This action supports increased public oversight and aligns with progressive accountability measures.
Government's new law sees unfair bonuses banned for six water companies with immediate effect
+70
Business Practices and Ethical Responsibility
June 25
Ofwat's regulation to ban executive bonuses in cases of substandard performance promotes ethical business practices. This measure prioritizes consumer protection and environmental safety over corporate profit, underscoring a commitment to responsible corporate governance.
Government's new law sees unfair bonuses banned for six water companies with immediate effect
- JUN062025
On June 6, 2025, Ofwat implemented new government-granted powers under the Water (Special Measures) Act 2025 to ban executive performance bonuses in water companies that fail to meet set consumer, environmental, financial, and criminal standards. This move aims to hold companies accountable and drive changes in leadership behavior, thus protecting consumers and the environment.
+80
Public and Political Behavior
June 25
Ofwat’s new enforcement measure reflects robust public and political behavior by leveraging regulatory power to ensure accountability among water companies. By banning bonuses for non-compliance in environmental and consumer protection, Ofwat is effectively countering corporate excess and promoting public interest.
Government grants Ofwat new powers to force polluting water companies to ban exec bonuses
+70
Business Practices and Ethical Responsibility
June 25
The measure also supports better business practices and ethical responsibility by discouraging excessive executive compensation in failing companies. This enforcement promotes accountability and ethical operations in the water sector, aligning with broader goals of social and environmental justice.
Government grants Ofwat new powers to force polluting water companies to ban exec bonuses
- JUN012025
Ofwat has issued a proposal to update licence conditions for water companies by removing outdated requirements and introducing a new condition that leverages international standards, including ISO 55001:2024 certification and regular self-assessments to drive improved asset management maturity. The aim is to enhance transparency, accountability and long‐term asset health, ensuring companies meet minimum standards that protect public interests.
+70
Public and Political Behavior
June 25
The proposal demonstrates a proactive move by Ofwat to update its regulatory framework, increasing transparency and accountability within the water sector. By setting new standards such as ISO 55001:2024 certification and mandating periodic self-assessments, Ofwat is reinforcing practices that protect consumers and promote sustainable public services. This action supports democratic oversight and public benefit, aligning with anti-authoritarian, public-interest values.
Proposal to improve asset management maturity of water companies
- AUG302024
Amid intense lobbying by Thames Water pushing for a 59% bill increase, Ofwat has maintained its regulatory independence by favoring a modest 22% increase and upholding a thorough public consultation. This move preserves consumer protection and resists politically motivated pressure.
+50
Public and Political Behavior
June 25
Ofwat's decision to stick with a 22% increase despite lobbying efforts from Thames Water reflects a commitment to regulatory independence and consumer protection. By resisting pressures for a drastic rate hike, Ofwat upholds democratic accountability and public interest, aligning with anti-fascist values that oppose manipulation by financially powerful interests.
Thames Water lobbied Whitehall to press Ofwat on allowing higher bills
- MAR282024
Amid mounting financial distress at Thames Water, Ofwat has remained firm in its regulatory oversight, maintaining safeguards that protect consumers from unaffordable bill increases and lenient fines. The regulator has resisted investor lobbying for relaxed penalties and higher bills, underscoring its commitment to public interest and consumer rights.
+70
Public and Political Behavior
June 25
Ofwat's actions, as reflected in its spokesperson's statement and ongoing rigorous examination of Thames Water's business plan, demonstrate a commitment to consumer protection and public interest. By resisting investor pressure to relax regulations, Ofwat is upholding principled oversight in a politically charged environment, which is viewed favorably from an anti-fascist perspective.
Thames Water on road to state rescue amid investor standoff with Ofwat
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