Governance

Strong governance helps us make responsible decisions, manage risk and deliver for customers, communities, colleagues and the environment.

As a provider of essential services and critical national infrastructure, we are accountable for how we plan, invest, perform and respond to the expectations of our stakeholders.

 

Our governance work brings together clear oversight, stakeholder engagement, financial resilience, assurance and competitiveness. This includes how we listen and respond to customers, partners, suppliers and communities, as well as how we use innovation, efficiency and long-term investment to deliver better outcomes.

 

By embedding environmental, social and governance considerations into strategy, investment and operational performance, we can make better decisions today and build more resilient services for the future.

Our Innovation Festival is a flagship part of our approach to innovation, bringing partners together to solve challenges, accelerate ideas and support better outcomes for customers, communities and the environment.

In the last ten years, 20,000 participants from 5,000 organisations across 40 countries have taken part.

We know good governance is about more than structures and committees. It is about how decisions are made, how performance is challenged, how risks are managed and how stakeholder views shape our plans.

 

It also means staying competitive: investing wisely, improving efficiency and using innovation to deliver better outcomes for customers, communities and the environment. By combining clear accountability with strong assurance, independent challenge, stakeholder engagement and continuous improvement, we can make responsible decisions today while building more resilient services for the future.

PipeBot Patrol: innovation that strengthens competitiveness

Some of our highlights

20,000+

people have attended our Innovation Festivals

30

Local Action events delivered

£68 million

potential annual industry value from the top ten ideas of the 2025 Innovation Festival

Reporting Hub

Find out more