Download the United Utilities Integrated Annual Report 2025

What matters most to our stakeholders

Our strategic priorities reflect the areas of highest focus for our business and our stakeholders. In order to ensure our disclosures cover all areas of material interest, we regularly refresh our materiality assessment, which ranks material themes based on their potential impact on our ability to create value for the company and for our stakeholders.

Engaging with our stakeholders

We actively engage with stakeholders to build and maintain trust and ensure we create long-term value for all. Strong, constructive relationships help us understand what matters most to them.

2024/25 assessment of material themes

We have carried out a thorough review of our material themes and materiality matrix. Striking the right balance between different interests and views is not easy, but our assessment process consolidated feedback based on a balance of views obtained from all of our stakeholders.

Our materiality
assessment process

Material themes matrix

Themes are plotted on the matrix from higher (top right) to lower (bottom left) in terms of their potential to impact company value (horizontal axis) and their potential impact on the value we create for stakeholders, and have been colour-coded according to the key elements of our purpose.

Impact on value created
for stakeholders

Based on a balance of views from those who influence what we do and/or benefit from the value we create.

Potential to impact
company value

Based on the potential effect on our ability to create financial and non-financial value over the short, medium and long term.

Key

Our material themes are aligned to other key ambitions of our purpose – stronger, greener and healthier

Overarching theme

Stronger

Greener

Healthier

Material theme

Overarching

Trust, transparency and legitimacy

Our comprehensive disclosures and integrated reporting approach provide leading levels of transparency throughout our reporting

Resilience

Resilience is a key consideration in our long-term planning, the way we manage our key resources, and the ultimate focus of our risk management approach

Political and regulatory environment

Our external environment, including the political and regulatory environment, is covered on pages 24 to 25 of our integrated annual report

Greener

Top material themes related to climate change are covered across the four pillars in our TCFD disclosures in our integrated annual report

Climate change adaption

Climate change mitigation

Top material themes related to nature are covered across the four pillars in our TNFD disclosures in our integrated annual report

Environmental river water quality and storm overflows

Water resources and leakage

Natural capital and biodiversity

Other material themes related to climate change are covered in the performance section in our integrated annual report

Energy management

Other material themes related to nature are covered in our water cycle, risk management and performance sections in our integrated annual report

Sewage sludge to land

Waste management

Healthier

Top material themes related to customers are covered across the four pillars in our integrated annual report

Customer service and operational performance

Affordability and vulnerability

Drinking water quality

Emerging contaminants

Top material themes related to colleagues are covered across the four pillars in our integrated annual report

Health, safety and wellbeing

Diverse and skilled workforce

Other material themes related to customers are covered in the regulatory environment section in our integrated annual report

Competitive markets

Other material themes related to colleagues are covered in our TNFD governance pillar and performance section in our integrated annual report

Colleague engagement

Human rights

Stronger

Top material themes related to efficiency are covered across the four pillars in our integrated annual report

Financial risk management

Corporate governance and business conduct

Top material themes related to communities are covered across the four pillars in our integrated annual report

Supporting communities

Other material themes related to efficiency are covered in our key resources and performance sections in our integrated annual report

Land management

Innovation

Responsible supply chain

Other material themes related to communities are covered in our economic environment and stakeholder value creation sections in our integrated annual report

North West regional economy

Recreational land and waters

Top material themes related to cyber and data security are covered across the four pillars in our integrated annual report

Cyber and data security

Downloads

Engaging with our stakeholders

How we assess and prioritise material themes

Download our Integrated Annual Report 2025

Download our Integrated Annual Report 2025

Download our Sustainability Report 2025

Download our Sustainability Report 2025

water tap icon computer screen icon

Case study:

Stronger

Compliance committee ensures robust scrutiny of regulatory submissions

water tap icon computer screen icon

Case study:

Stronger

Compliance committee ensures robust scrutiny of regulatory submissions

water tap icon computer screen icon

Case study:

Stronger

Compliance committee ensures robust scrutiny of regulatory submissions