ACE16: The Water Industry Continues to Transform Part 1

ACE16: The Water Industry Continues to Transform Part 1

The American Water Works Association Annual Conference and Exhibition was held last week (June 20 – 22, 2016) in Chicago, Illinois. With over 10,000 attendees, 500+ exhibitors and 80+ sessions this conference presented an unparalleled opportunity to check the pulse of the water industry. Members of the West Monroe Water Utility consulting and technology practice were at the conference, and are...

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Sustainability: if you can’t measure it, you can’t manage it!

Sustainability: if you can’t measure it, you can’t manage it!

As sustainability has become a more prominent issue for businesses, leaders are struggling to build consistent sustainability reports. A sustainability report is often the first publically facing component of a business’ sustainability initiatives and therefore needs to have clear messaging, backed by specific metrics to track progress and create accountability. The data collected to report...

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Turning the CPP from a Risk to an Opportunity

The EPA’s proposed Clean Power Plan (CPP) represents a paradigm shift for how states, energy providers, and utilities generate and procure energy. Or does it? While the CPP is unique in the scope of its carbon reduction efforts it is in no way the first policy that states, energy providers or utilities have implemented to address climate change.…

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Measurement & Verification – One Challenge of the Clean Power Plan

The EPA’s proposed Clean Power Plan (CPP) allows states to build their implementation plan on any combination of policies that the state deems appropriate to meet the carbon emission reductions. Fact sheets released by the EPA list a variety of potential mechanisms that states could use to comply with CPP, including: demand-side energy efficiency programs renewable energy standards efficiency...

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Advanced Metering Infrastructure, the Hidden Building Block

The fourth building block in the proposed Clean Power Plan (CPP) is the decrease in electricity use and demand resulting from improved energy efficiency and demand-side management. As with all the building blocks, the EPA estimated the energy efficiency potential in each of the states. The efficiency potential was factored into the final state carbon reduction goal by reducing the denominator...

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CSO as the Chief Change Officer

The position of Chief Sustainability Officer (CSO) has started to grow in number and prominence since the early 2000’s and yet to many organizations this position still remains a mystery, or so says a study by George Serafeim and Kathleen Miller. In the article, “Chief Sustainability Officers: Who Are They and What Do They Do?” the authors use survey and interview data to analyze the range of...

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Clean Power Plan: State Targets for State Plans

The EPA proposed Clean Power Plan rule is premised on a straight-forward concept: to identify the best system of emission reductions (BSER) that can be implemented to reduce carbon emissions from existing power plants. To the EPA, the BSER is composed of the four building blocks of the Plan: Improve the heat rates at existing fossil fuel plants.…

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Natural Capital: Finding the Benefits in a Sea of Risk

As I previously discussed in my introduction to Natural Capital, the natural capital dependencies of your business can create risk across a variety of areas, including: Financing: Increased lending requirements for firms with unstable flows of natural capital Regulatory: Fines or lawsuits from degradation of shared natural capital Customer: Customers switching to products with less natural...

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The What and Why of Natural Capital

In your first week of Econ 101 you were probably introduced to the idea of capital. To a firm, capital represents the physical equipment or inputs that are used in the production of a good or service; basically capital is what you use to run your business. Traditionally, economics has separated this type of capital from natural resources primarily because natural resources were always...

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Chicago, IL 60606
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