Glas Cymru Holdings Cyfyngedig

As a company “limited by guarantee”, Glas Cymru was formed solely to acquire and run Dŵr Cymru Welsh Water on a not-for-shareholder basis. Being not-for-shareholder means that all gains go to customers. This has always been at the heart of what we do since Glas Cymru was formed in 2000.

This means we work differently from other water and wastewater companies. We don’t pay dividends, as we don’t have shareholders. Any money we make goes back into the business to benefit our customers. It also means we can work to benefit our customers over the long-term.

We can plan our investments to ensure we aim to protect future generations from potential challenges like climate change, and take full advantage of potential opportunities, like using emerging new technology and data analysis. This is what being a not-for shareholder company means – our customers are at the centre of everything we do, and building and maintaining their trust in us is crucial to delivering the services that matter.