Unitywater with the help of Water Services Association of Australia (WSAA), the peak industry body representing the urban water industry did an assessment of its asset management capability in comparison to similar and other matured utilities. The findings were industry benchmarked and showed that Unitywater is at a “developing” level in asset management and lower than that of the peer group utilities.
Environment: “Imagine life without clean water or good sanitation”
Unitywater provides water supply and sewage treatment services to the Moreton Bay, Sunshine Coast and Noosa regions of South East Queensland. That is around 16% of Queensland’s population, one of the fastest growing regions in Australia.
Improving the way the company operates every day and especially the way it maintains critical water supply and sewage assets is very important in an effort to achieve the Unitywater’s vision: “To be a sustainable water and sewerage service provider that creates value for its customers and returns value to its stakeholders”
Social: Reliability, Safety and Efficiency
Reliability, Safety and Efficiency are some of Unitywater’s key values. The lifecycle-focussed infrastructure asset management policy and improvement plan, assists in protecting public health, and facilitates efficient investment in water supply and sewerage assets that deliver long-term low-cost, safe, secure, reliable and socially responsible services to customers.
Economic: a large geographical area to understand
Unitywater is an asset-based organisation, providing water and sewerage services over a large geographical area. As such, asset management planning plays a vital role for Unitywater in ensuring that decision making achieves the most cost effective and efficient outcomes for the organisation. This translates to a better understanding of risk which in turn leads to lower interest rates, lower insurance premium, and more confidence for the shareholders.