Annual Water Report 2024

As we embark on our third annual water report journey, it is evident that we are facing a critical moment in the field of sustainability within the real estate sector. Every year, water management continues to become more important, fueled by various factors that are reshaping our understanding of resource stewardship and corporate responsibility.

Against the backdrop of the European Union's ambitious Taxonomy Regulation, Energy Efficiency Directive (EED) and the Corporate Sustainability Reporting Directive (CSRD), water has emerged as a critical component in the pursuit of sustainable development goals. This year, we are witnessing an increased urgency to address water-related challenges, driven by rising prices and a pressing need for actionable insights to guide informed decision-making.

Smartvatten is committed to promoting water sustainability and will continue to champion this cause. We believe that reliable and coherent water data is the key to understanding water and making informed decisions. And that's why we work every day to provide our customers with the most accurate water data available on the market today.

Our vast database comprises data from over 20 000 properties and 200,000 apartments across 36 countries, providing us with real-time insights into water consumption. With this knowledge, we are well-positioned to guide individuals and organizations towards a more resilient and water-efficient future.

In this report, we explore the intricacies of water management in the face of contemporary challenges and regulatory imperatives.

Few selected highlights from the report:

• Rising water prices and water scarcity affect the whole Europe.

• Nearly 52% of Smartvatten's residential customers experienced a monthly leak.

• In commercial buildings, one-third faced a monthly leak, but the leak size in commercial buildings was 3,4 times larger than those in residential buildings.

• CSRD & EU Taxonomy and how water plays an intricate part in EU regulations.

• Valuable insights that can inform strategic decision-making and help create actionable strategies to mitigate environmental impact and enhance portfolio sustainability.
  
  
  

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