WorkDry_ESG Report_FinalDigital_Aug 2025 - Flipbook - Page 51
INTERNATIONAL
SUSTAINABLE GROWTH
From a financial perspective, we remain committed to ensuring Workdry
We recognise that our People Strategy is a key enabler of business growth. We are
is a sustainably financed organisation — one that balances disciplined
working closely with all business units to ensure we have the right roles, capabilities,
capital management with long-term investment in people, innovation, and
and structures in place to support sustainable growth while respecting and valuing
infrastructure.
our people.
2024 has been a year of exceptional growth for Workdry, with nearly 22% revenue
We and our shareholders are committed to expanding our operations in a way that
increase. We continue to outperform our business plan for operating profit whilst
balances economic success with environmental responsibility and social impact.
meeting all commitments to our finance partners. Our industry is seeing increased
By integrating sustainability into our long-term vision, we ensure that our business
investment, globally, from water authorities and we deliver the right products and
growth benefits not only our company but also the communities we serve and the
services to meet the demand.
planet we depend on.
The acquisition of VanderKamp and Holland Pump in 2024 has allowed us to
Through shrewd financial management and a focus on ESG performance we have
expand further into the US and EU, diversifying our business model and cementing
been able to access a Sustainability-linked loan (SLL). These financial instruments
our position as global market leaders. Alongside this expansion, we have seen
encourage borrowers to meet specific sustainability performance objectives, such
significant growth in our core UK market.
as reducing their carbon footprint, increasing energy efficiency, or promoting
diversity. Our SLL includes specific ESG targets on emissions which if met, result in
Our reputation for quality of service has helped us secure long term framework
agreements with a number of key clients in 2024. Our focus on sustainable growth
has allowed us to deliver a record capex investment of £58m in 2024. This investment
is helping us continue to expand responsibly, making strategic investments in
low-emission technologies, digital infrastructure, and operational efficiency — all
underpinned by a strong ethical and compliance culture.
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a margin reduction on our loan value.
