Uptime’s Post

The Uptime group has released another impressive working paper. Although it's primarily aimed at corporate donors, the concept of results-based WASH funding can be beneficial for a wide range of funders seeking verifiable impact. Here are some key points that I find particularly valuable from a corporate foundation standpoint: 1. Results-based funding emphasizes the importance of continuous water service delivery. Many WASH funders tend to concentrate solely on the initial provision of water and infrastructure. However, maintaining a water service over time necessitates a comprehensive system strengthening approach, infrastructure built to meet specific standards, efficient operation and maintenance, and financially viable business models supported by water user fees. By funding the outcome, we can more effectively incentivize the essential components required for long-term sustainability. 2. Results-based funding mitigates investment risks. Last-mile WASH programs carry inherent risks, and we've all witnessed water programs that have failed shortly after their completion. With results-based funding, funds are only disbursed once the water has been delivered. Moreover, the Uptime model conducts thorough evaluations of the water service providers before entering contracts and they routinely audit performance. 3. Results-based funding aligns more closely with annual financial cycles. As water service performance is assessed on a monthly and quarterly basis, it aligns the impact with annual grant funding and contractual limitations. This is not the case with funding new water projects, which rarely fit neatly into a 12-month timeframe due to implementation schedules and the critical local community development and engagement activities.

"To accomplish great things, we must not only act but also dream. Not only plan but also believe." Our years of planning and relentless efforts have finally paid off. This success underscores the importance of prioritizing strategy formulation, policy implementation, and capacity building, alongside measuring, monitoring, and target setting. These crucial elements have been well integrated into NTPC's approach, leading to this remarkable achievement. Though we acknowledge there are miles to go, this accomplishment marks a significant milestone for a thermal power major in the country. Cheers to Dr. Lokesh Kumar Sharma, Tushar Kataria and the entire team for their dedication and hard work! 🎉👏 #ESG #sustainableenergy #watermanagement

Did you know? Water efficiency, a key issue under the 'Environment' aspect shows improving performance year on year. As per ESG Risk Assessments & Insights’ data of rating top 1000 NSE-listed companies, the efficiency score has surged ~2x from 19% in 2019 to 37% in 2022. While ESG performance improved and key issues like water efficiency has shown improvement, water recycling – a key indicator under Water efficiency has deteriorated for the top 1000 NSE listed companies. Found this information useful? Follow us for more such interesting updates. Sankar Chakraborti #esg #water #efficiency #WaterEfficiency

We believed from the outset that transparent outcomes, reduced risk and lower transaction costs could attract new types of funding for rural drinking water sustainability. Our latest Briefing Note illustrates how exactly this is happening with corporate partners - and with potential for more to follow. Read more about how results-based contracts provide a simple and cost-effective way for corporates to fulfill their commitments to ESG, CSR, SDG6, water stewardship and other categories at scale. https://lnkd.in/dxqiYMHa

Moody’s provided a Second Party Opinion (SPO) on the sustainability credentials of Washington Suburban Sanitary District's (WSSC Water) green financing framework – finding the framework is aligned with international standards and demonstrates a significant contribution to sustainability. 👉 Read the full SPO: https://mdy.link/3OAIQIp #SustainableFinance

Bluewater Group calls for global action on PFAS contamination on World Water Day 2024, and says manufacturers should assume full responsibility and halt production. Page 4 https://loom.ly/M5Flx2s #water #worldwaterday #drinkingwater

Are you preparing to submit your #CDP response? 💧📊 With the reporting window open, sustainability teams are preparing their disclosures. This year, CDP Corporate Disclosure merges the Climate Change, Water Security, and Forests questionnaires into a single comprehensive report, providing a holistic view of a company’s environmental strategy. The CDP Water Security section requires detailed information on: 1️⃣ Water Risks & Opportunities Companies must detail the water risks and opportunities they’ve identified to ensure business continuity and strengthen their value chain, aligning with frameworks like TNFD, TCFD, and SBTN. 2️⃣ Dependencies, Impact, and Management This section includes questions about a company's environmental dependencies and impacts and how they are managed. Additionally, it explores the interconnections between environmental dependencies, impacts, risks, and opportunities. 3️⃣ Water Targets Beyond disclosing water targets, companies need to provide detailed plans on achieving these targets and show evidence of alignment with global treaties, frameworks, or initiatives. Find more information here: https://lnkd.in/gDXkyAg3 📝 Sign up to our #newsletter to stay updated on the latest water news: https://lnkd.in/diXXzRQj

New to water stewardship? Download the free “Water Stewardship 101” for insights into advancing your ESG water replenishment goals: https://ow.ly/I9Yb30sBQ3l Huge thanks to my Brown and Caldwell colleagues for putting together these insights!

New to water stewardship? Download the free “Water Stewardship 101” for insights into advancing your ESG water replenishment goals: https://ow.ly/8J7m30sC4iB Huge thanks to my Brown and Caldwell colleagues for putting together these insights!

In the previous presentation, I tried to give some insight into what is ESG and what are the pillars of ESG. The pillars of ESG are Environmental, Social and Governance. Let us try to understand the 1st pillar of ESG in some detail. So the E in ESG stands for Environment. It encompasses environmental impact by the organization on the natural world. Some of them are enumerated below: 1. Electricity and Water Usage 2. Greenhouse Emissions 3. Pollution 4. Waste Management 5. Land use  6. Treatment of Hazardous Material The companies need to measure their performance with respect to the above parameters and think about the steps to be taken for improving the performance if not found satisfactory.