Member

In its consultation, Ofwat is also seeking views on options when setting its rules on performance-related pay, and it will no doubt welcome responses from environmental groups as well as consumers. I would encourage all groups with an interest to take part in the consultation. The noble Lord rightly wants to see that companies are fully accountable and open to scrutiny by the public, and of course we support that. The Bill will achieve this by ensuring company decision-making is much more transparent and, having said that, I hope he feels he does not have to press his amendment.