DNV-GL Water Accounting 2014 R1 LR

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DNV GL Business Assurance Water Accounting Assessment Systematic examination of the water accounts of a facility/project Introduction Declaring water conservation a national mission, in June 2003, the Prime Minister of India, appealed to all country men to collectively address the problem of alarmingly progressive water shortage, by conserving every drop of water and suggested for conducting water audit for all sectors of water use. The recent water study conducted by ‘The 2030 Water Resources Group’ ascertains that, with the current population and economic growth, the global water requirement in 2030 will be 40 percent greater than current supply. This study also determines that one-third of the world’s population, mostly in developing countries like India, will live in basins where this deficit is larger than 50 percent. The world is facing a looming water challenge and “business as usual” approach is unlikely to close this gap says the study. In the water sector historically plagued by under-investment, insufficient planning and in efficient markets, such a gap is certainly alarming. Water is of crucial importance for human health and has ecological (‘planet’), social (‘people’) and economic (‘profit’) values on a societal level. Non- sustainable pattern of water use can cause water scarcity, consequently affecting the health of people dependent on it. Moreover, water scarcity can become the limiting factor to economic growth in the future. What is Water Accounting Assessment? Water Accounting Assessment is a systematic examination of the water accounts of a facility/project, conducted as a well- informed and critical examination by an independent organization. Comprehensive water assessment can give the organization/industry a detailed profile of the distribution system, allowing easier management of resources and

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Water Accounting

Transcript of DNV-GL Water Accounting 2014 R1 LR

  • DNV GL Business Assurance

    Water Accounting Assessment Systematic examination of the water accounts of a facility/project Introduction Declaring water conservation a national mission, in June 2003,

    the Prime Minister of India, appealed to all country men to

    collectively address the problem of alarmingly progressive water

    shortage, by conserving every drop of water and suggested for

    conducting water audit for all sectors of water use. The recent

    water study conducted by The 2030 Water

    Resources Group ascertains that, with the current population

    and economic growth, the global water requirement in 2030 will

    be 40 percent greater than current supply. This study also

    determines that one-third of the worlds population, mostly in

    developing countries like India, will live in basins where this

    deficit is larger than 50 percent.

    The world is facing a looming water challenge and business

    as usual approach is unlikely to close this gap says the

    study.

    In the water sector historically plagued by under-investment,

    insufficient planning and in efficient markets, such a gap is

    certainly alarming. Water is of crucial importance for human

    health and has ecological (planet), social (people) and

    economic (profit) values on a societal level. Non-

    sustainable pattern of water use can cause water scarcity,

    consequently affecting the health of people dependent on it.

    Moreover, water scarcity can become the limiting factor to

    economic growth in the future.

    What is Water Accounting Assessment? Water Accounting Assessment is a systematic examination of

    the water accounts of a facility/project, conducted as a well-

    informed and critical examination by an independent

    organization. Comprehensive water assessment can give the

    organization/industry a detailed profile of the distribution

    system, allowing easier management of resources and

  • WHY PARTNER WITH DNV GL

    Driven by our purpose of safeguarding life, property and

    the environment, DNV-GL enables organizations to

    advance the safety and sustainability of their business.

    DNV-GL is a leading provider of classification,

    certification, verification and training services. With our

    origins stretching back to 1864, our reach today is

    global. Operating in more than 100 countries, our

    16,000 professionals are dedicated to helping our

    customers make the world safer, smarter and greener.

    As a world-leading certification body, DNV-GL helps

    businesses assure the performance of their

    organizations, products, people, facilities and supply

    chains through certification, verification, assessment,

    and training services. Partnering with our customers, we

    build sustainable business performance and create

    stakeholder trust.

    improved reliability. It is an important step towards water

    conservation, which can save the utility a significant amount

    of money and time. It also improves knowledge and

    documentation of the distribution system including problem

    and risk areas.

    Water Accounting Assessment Benefits of Water Accounting Assessment

    Reduced water losses.

    Improved financial performance.

    Improved reliability of supply system.

    Enhanced knowledge of the distribution system.

    Efficient use of existing supplies.

    Better safeguard to public health and property.

    Improved public relations.

    Reduced legal liability, and

    Reduced disruption, thereby improving level of

    service to customers

    DNV GL Business Assurances Assessment Methodology DNV GL Business Assurance conducts an Independent

    3rdparty water accounting assessment which involves

    verification and assurance of water inventory data and

    reporting process. The whole exercise of verification is based

    on the principle of Completeness, Reliability and

    Accuracy of organizations water account. DNV GL uses

    ISO 14046 on Water Foot print as reference standard The

    methodology of assessment exercise involves following

    steps:

    Verification of water balance map for the

    facility/project,

    In depth analysis of complete water account,

    involving -water sourcing, water extraction,

    consumption, discharge quantities

    Analyses of water conservation measures

    undertaken by the organization including, but not

    limited to, reuse/ recycle of wastewater,

    groundwater recharge initiatives.

    Detailed walk through assessment at sample

    locations for on-site verification of afore mentioned

    points.

    Deliverable

    DNV GL Business Assurance issues an Assurance

    Statement covering all the aspects of verification

    methodology, clearly bringing out the credibility of

    water account and reporting systems of the

    organization.

    A Water Management Report citing observations

    and areas of improvement is identified during the

    verification process.

    Statement of compliance to ISO 14064 Water

    Footprint

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