Company responses to Ofwat’s slow-track draft determinations

Introduction Water companies have recently responded to Ofwat’s slow-track draft determinations (DD). The key themes from those responses can be put into three key categories: cost assessment; financial issues; outcome targets. Cost assessment While supportive in certain areas, a number of companies...

What is the purpose of business?

A monthly podcast debating what it means to go Beyond the Bottom Line. Featuring Oxera experts and leaders in business and finance. Dr Luis Correia da Silva, Partner at Oxera, says that businesses have been put under severe pressure over the last few years, not just to focus on profits but also to consider the outcomes they deliver for society and what impact they have on communities. Around the globe, investors, governments and regulators are all exercising enormous pressure on boards of directors of companies to take a much more holistic view of the purpose of business. Equally, society is now playing an active role in shaping the future of business.

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Beyond the Bottom Line

What society expects from business is evolving rapidly. New business models mean that intermediaries are being removed and traditional value chains are being disrupted. Advances in AI and automation are having profound effects on employment. Communities are exerting enormous...
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