144
submitted 3 days ago by GreyShuck@feddit.uk to c/nature@feddit.uk

Thames Water intentionally diverted millions of pounds pledged for environmental clean-ups towards other costs including bonuses and dividends, the Guardian can reveal.

The company, which serves more than 16 million customers, cut the funds after senior managers assessed the potential risks of such a move.

Discussions – held in secret – considered the risk of a public and regulatory backlash if it emerged that cash set aside for work such as cutting river pollution had been spent elsewhere.

you are viewing a single comment's thread
view the rest of the comments
[-] OrlandoDoom@feddit.uk 2 points 2 days ago
[-] sunzu2@thebrainbin.org 1 points 2 days ago

Air is the biggest market there is, once we meter it, we rich bro!

this post was submitted on 24 Dec 2024
144 points (100.0% liked)

UK Nature and Environment

408 readers
48 users here now

General Instance Rules:

Community Specific Rules:

Note: Our temporary logo is from The Wildlife Trusts. We are not officially associated with them.

Our winter banner is a shot of Shotley marshes, Suffolk by GreyShuck.

founded 1 year ago
MODERATORS