Company Directory - Thames Water
Company Details - Thames Water
Thames Water
WebsiteUnited Kingdom
Thames Water is a UK-based water utility company responsible for providing water and wastewater services. It plays a crucial role in supplying water to households and businesses as well as managing wastewater treatment and environmental protection.
CCI Score
CCI Score: Thames Water
-5.54
0.01%
Latest Event
Thames Water Lobbying for Regulatory Intervention
Thames Water lobbied government officials to press Ofwat to allow a 59% increase in water bills, a move that undermines regulatory independence and consumer protections while favoring corporate financial interests.
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COLLABORATOR
Thames Water is currently rated as a Collaborator.
Latest Events
- AUG302024
Thames Water lobbied government officials to press Ofwat to allow a 59% increase in water bills, a move that undermines regulatory independence and consumer protections while favoring corporate financial interests.
-40
Political Contributions and Lobbying Efforts
March 21
Thames Water engaged in targeted lobbying efforts by meeting with Whitehall officials to pressure the regulator, Ofwat, into allowing a drastic increase in consumer bills. This tactic undermines fair regulatory oversight and contributes to a pattern of corporate influence that compromises democratic accountability.
Thames Water lobbied Whitehall to press Ofwat on allowing higher bills
-40
Regulatory Capture
March 21
By urging government intervention to override Ofwat's ruling, Thames Water appears to be engaging in regulatory capture. This action not only compromises the independence of an established regulatory body but also sets a precedent for corporate interference in public policy decisions, aligning with authoritarian tactics.
Thames Water lobbied Whitehall to press Ofwat on allowing higher bills
- JUN192024
Thames Water has issued a statement under the Modern Slavery Act outlining robust measures to ensure ethical labor practices and supply chain transparency. The document details rigorous pre-employment screening, annual training, and thorough supplier risk assessments designed to prevent modern slavery and human trafficking in its operations.
+80
Labor Relations and Human Rights Practices
March 21
The statement highlights Thames Water's strong commitment to upholding labor rights through rigorous employee screening and mandatory annual training, which supports ethical labor practices and human rights within the company.
+90
Supply Chain Ethics
March 21
Thames Water demonstrates exemplary supply chain ethics by detailing comprehensive risk assessments, supplier compliance checks, and transparency protocols that align with the Modern Slavery Act. These measures actively mitigate risks of modern slavery or human trafficking in its supply chain.
- FEB282024
Thames Water has been lobbying the UK government and regulators for permission to significantly increase customer bills, reduce fines for breaches, and continue issuing dividends. This strategic push raises concerns about undue corporate influence over regulatory frameworks, potentially undermining public accountability and enabling a form of regulatory capture.
-70
Political Contributions and Lobbying Efforts
March 21
Thames Water is actively lobbying to enable a 40% increase in customer bills while seeking leniency in fines and regulations regarding dividend payments. This behavior reflects an attempt to influence public policy in a way that can erode consumer protections and democratic oversight, aligning with tactics that bolster authoritarian-friendly economic agendas.
Thames Water lobbying government to let it increase bills by 40%
-60
Regulatory Capture
March 21
The company's push to gain regulatory easements — such as reduced fines and continued dividend payments — indicates an attempt to manipulate the regulatory system. This type of behavior is indicative of regulatory capture, which undermines strict oversight and benefits corporate interests at the expense of the public.
Thames Water lobbying government to let it increase bills by 40%
- FEB272024
Thames Water is reported to be lobbying the UK government and regulator Ofwat to allow increasing water bills, issuing higher dividend payouts, and imposing lower fines. This action, perceived as an effort towards regulatory capture, reflects a prioritization of profit over public accountability and consumer protection.
-60
Political Contributions and Lobbying Efforts
March 21
Thames Water's lobbying efforts to push for higher bills, increased dividend payouts, and lower fines demonstrate a blatant attempt to shape public policy in favor of corporate profit. Such actions undermine consumer protections and public accountability, aligning with practices that support authoritarian corporate influence.
Thames Water lobbies for higher bills, dividend payouts and lower fines
-50
Regulatory Capture
March 21
By pressuring regulators to lower fines, Thames Water is engaging in behavior indicative of regulatory capture. This move is designed to minimize corporate accountability and maximize profit margins, contributing to a broader environment of corporate complicity in undermining democratic oversight.
Thames Water lobbies for higher bills, dividend payouts and lower fines
- JUN272018
Thames Water's 2018 Modern Slavery Act Statement outlines its comprehensive measures to prevent slavery and human trafficking within its workforce and supply chain, including robust due diligence, employee training, and supplier compliance protocols.
+80
Labor Relations and Human Rights Practices
March 21
Thames Water demonstrates a strong commitment to labor rights and human rights practices by instituting comprehensive employee training, third-party screening, and clear policies aimed at preventing modern slavery and human trafficking. These practices show an effective adherence to labor rights standards.
+80
Supply Chain Ethics
March 21
The company has implemented rigorous supply chain ethics protocols, including supplier audits, risk assessments, and contractual obligations to ensure that no part of its supply chain is complicit in modern slavery. This proactive stance in verifying supplier compliance reinforces ethical sourcing practices.
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