Sustainability Element |
Principle |
Description |
What this means in practice to Coliban Water |
Economic |
Sustainable economic development |
To enhance individual and community well-being and welfare by following a path of economic development that safeguards the welfare of future generations |
Understanding the projected development needs of the region and ensuring we support growth that is ‘sustainable’ through effective water and wastewater services |
|
Sustainable growth |
The need to develop a strong, growing and diversified economy which can enhance the capacity for environmental protection should be recognised |
Sharing the benefits of sustainable development of the region equitably |
|
Economic instruments |
Cost effective and flexible policy instruments should be adopted, such as improved valuation, pricing and incentive mechanisms |
Use of effective economic instruments to reflect the community cost of providing water and wastewater services |
Social |
Intergenerational equity |
To provide for equity within and between generations |
Ensuring our current operations take into account the future needs of the region and do not adversely affect the ability of future generations to secure water and wastewater services |
|
Community Engagement |
Decisions and actions should provide for broad community involvement on issues which affect them |
Genuine engagement with community and stakeholders in major decision making, regularly reviewing and reporting our performance |
Environmental |
Ecological integrity |
To protect biological diversity and maintain essential ecological processes and life-support systems |
Managing our operations and facilities in a manner that is not detrimental to the region’s ecological systems (e.g.: reducing discharges, ensuring abstractions are within sustainable limits) |
|
Precautionary principle |
Where there are threats of serious or irreversible environmental damage, lack of full scientific certainty should not be used as a reason for postponing measures to prevent environmental degradation |
Taking a precautionary approach where potential for environmental damage is uncertain (e.g.: potential impact of new abstractions, application of new treatment technologies) |
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Global impacts |
The global dimension of environmental impacts of actions and policies should be recognised and considered |
Reducing our dependency on non renewable resources, and increasing renewables, particularly in the area of energy and greenhouse gas emissions |
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Environmental responsibility |
The need to maintain and enhance international competitiveness in an environmentally sound manner should be recognised |
Avoiding, minimising and mitigating the environmental impacts of our operations and our partners’ operations (e.g.: office based impacts, treatment processes) while maximising efficient use of resources (e.g. water recycling) minimising wastes and preventing pollution (e.g. biosolids) |
Governance |
Systems thinking |
Decision making processes should effectively integrate both long and short-term economic, environmental, social and equity considerations |
Understanding the implications of strategy implementation across all areas of our business, identifying conflicts and trade offs and how to manage these in the short, medium and long term; considering life cycle impacts in all our decisions |