Valuing Water: Copperleaf Celebrates World Water Day

March 22nd is World Water Day, an annual event coordinated by UN Water. World Water Day was created to advocate for the sustainable management of freshwater resources, take action to tackle the global water crisis, and raise awareness of the 2.2. billion people living without access to safe water. A core focus of World Water Day is to support the United Nations Sustainable Development Goal (SDG) 6 of ensuring access to water and sanitation for all by 2030.

This year's theme is "valuing water". The value of water is about much more than its price—water has enormous and complex value for our households, food, culture, health, education, economics, and the integrity of our natural environment.

At Copperleaf®, we place value at the heart of our approach to decision making. In partnership with our clients, we develop value frameworks that reflect how an organization sees value in alignment with its strategic objectives. The Copperleaf Value Framework enables clients to objectively compare all proposed investment ideas on a common economic scale. It also promotes transparency and improves consistency in the evaluation of all asset lifecycle costs and benefits of investment options.

Copperleaf has been working with Anglian Water since 2015. Together, we have developed a comprehensive value framework that supports investment decision making across the entire organization. The Anglian Water Value Framework contains a set of value models and value measures that track factors related to service levels, risk categories, benefits, and financial impacts—including factors influencing stewardship and sustainability. Anglian Water has mapped the activities and target outcomes from its 5-year Business Plan to the SDGs. These targeted outcomes and associated performance commitments (e.g. “flourishing environment”, “safe, clean water”, “supply meets demand”, “a smaller footprint”, etc.) form a key part of its value framework.
 

Sustainable Development Goal (SDG)

Example SDG Target

Anglian Water Value Framework Examples

 

6.5 By 2030, implement integrated water resources management at all levels

Target Outcome: Supply Meets Demand

Example value measures within the Copperleaf Value Framework:

  • Leakage
  • Network supply

9.1 Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all

Target Outcome: Resilient Business

Example value measures within the Copperleaf Value Framework:

  • Percentage of population supplied by a single supply system
  • Risk of severe restrictions in a drought
  • Risk of sewer flooding in a storm

13.2 Integrate climate change measures into national policies, strategies and planning

Target Outcome: A Smaller Footprint

Example value measures within the Copperleaf Value Framework: 

  • Operational carbon
  • Capital carbon


If you'd like to find out more about developing a value framework to support your Asset Investment Planning and Management (AIPM) processes, I would be delighted to hear from you.

To learn more about continuous investment optimization and planning at Anglian Water, please read our case study.  Anglian Water's annual report can be found here


Copperleaf is dedicated to delivering the highest value and integrity from assets in water. We are proud to be the main sponsor of the Water Industry Asset Management Conference, taking place April 21 & 22, 2021. 

About the Author

Stefan Sadnicki

Stefan is Managing Director for Copperleaf in EMEA. Stefan joined Copperleaf in 2014 as the first employee situated in Europe. Since then, Stefan has been responsible for developing Copperleaf's operations and has seen the team expand across EMEA, delivering exceptional value and providing extraordinary experiences to a growing number of clients. His background is business analytics and consulting and he is an active member of The Institute of Asset Management (IAM).

Follow on Linkedin Visit Website More Content by Stefan Sadnicki
Previous Article
Webinar: Value-based Decision Making
Webinar: Value-based Decision Making

Copperleaf is proud to be a part of the Institute of Asset Management (IAM), and collaborate with them on t...

Next Article
Feature Article: Copperleaf Creates ‘Extraordinary Experiences’
Feature Article: Copperleaf Creates ‘Extraordinary Experiences’

The companies who made BC's Top 100 Employers list for 2021, selected by Mediacorp, were chosen for their r...