WET News

AUGUST 2016 WET NEWS 3 T he rst global Natural Capital Protocol will provide a timely route map for the water sector's future environmental regulation, according to Robert Spencer, director of sustainability at AECOM. Spencer was talking as representatives from more than 160 of the world's leading organisations met in London recently for the Protocol launch. Applicable globally and across multiple business contexts, the Protocol and accompanying sector guides provide a standardised framework for businesses to measure and value their direct and indirect impacts and dependencies on natural capital, and will help businesses make improved decisions by taking the environment into account. "The Natural Capital Protocol is a momentous step forward for the natural capital agenda, bringing much-needed consistency to the market," said Spencer. "For the rst time, businesses and organisations have a clear framework to guide Y orkshire Water's £7M project to replace the sea outfall pipe at WheatcroŽ , Scarborough is nearing completion. Van Oord, a leading marine engineering contractor, has had numerous vessels on station in Cornelian Bay since April this year whilst excavating a trench in the sea bed and installing the new pipe. The new 2.5km outfall pipe was created in Norway and towed across the North Sea to Teesside Natural Capital Protocol o ers 'route map' for water regulation them in measuring, managing and valuing their natural assets. "For the water sector, the Protocol provides a timely route map to future natural capital regulation, which should help companies scale up their plans. Although many organisations currently measure natural capital at a site or catchment level, the next step is to develop and roll out a business case across their entire operations. Companies that incorporate natural capital into their plans now could be at a competitive advantage when anticipated regulation comes into play in the future." AECOM is one of the 200- plus public and private sector organisations who make up the Natural Capital Coalition. Anglian Water, Thames Water, Wessex Water and Yorkshire Water are also members. The Protocol will provide a framework for businesses to measure and value their direct and indirect impacts and dependencies of the impact of natural assets and raw materials. WET News is registered at Stationers' Hall. Origination by Faversham House and TR Clash Ltd. Printed by Buxton Press, Palace Road, Buxton, Derbyshire, SK17 6AE. Copyright 2016. Faversham House. No part of this publication may be reproduced without prior written permission from the publishers. Every e‹ ort is made to ensure the accuracy of material published in WET News. However, Faversham House will not be liable for any inaccuracies. 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Editor Maureen Gaines: maureengaines@fav-house.com Ad sales Deborah Lilley: deborahlilley@fav-house.com Classifi ed sales Danielle Mason: daniellemason@fav-house.com Production controller Sharon Miller: sharonmiller@fav-house.com Publisher Angela Himus: angelahimus@fav-house.com Published by Faversham House Ltd, Faversham House, Windsor Court, Wood Street, East Grinstead, West Sussex, RH19 1UZ Call: 01342 332000 1yr: UK £109 Overseas (airmail) £123/$185 2yr: UK £191 Overseas (airmail) £219/$329 Call: Kerry Buckell Tel: 01342 332 2031 Email: kerry-annbuckell@fav-house.com Search WET News' archives for more jobs, news, features, products and services, events and training courses. wwtonline.co.uk WET News is a member of the Independent Press Standards Organisation (which regulates the UK's magazine and newspaper industry). We abide by the Editors' Code of Practice and are committed to upholding the highest standards of journalism. If you think that we have not met those standards and want to make a complaint, please contact the editor. If we are unable to resolve your complaint, or if you would like more information about IPSO or the Editors' Code, contact IPSO on 0300 123 2220 or visit www.ipso.co.uk Sea outfall pipe scheme nears completion Happy birthday @WaterAidUK! We're proud to share your goal of safe water for everyone everywhere. #WaterAid35 @SkanskaUKplc A shout out to our charity partner @WaterAidUK who turn 35 today! #WaterAid35 @MWHGlobal The pipe sections were towed out to the bay • Protocol gives a clear framework to guide businesses in measuring, managing and valuing their natural assets. Average circulation Jan-Dec 2015: 6,110 What's yr fave memory from the 80s? Ours is being born on 21 July '81! #ThrowbackThursday #HappyBirthday #WaterAid35 On July 21, WaterAid celebrated its 35th birthday! Excitement as the cake has arrived. Thanks @ sticky_sponge ! #wateraid35 @ NWGWaterAid @NorthumbrianH2O A huge THANK YOU to UK water industry for setting up WaterAid and supporting us over the past 35 yrs! #WaterAid35 @WaterAidUK The Protocol can also assist companies in supporting a social licence to operate, realising e™ ciency gains and identifying future legislation. Freely available under a Creative Commons licence, it was developed by the Natural Capital Coalition development team, with more than 450 organisations contributing to the project over a course of two years. Liz Barber, group director of nance and regulation at Kelda Group (Yorkshire Water), who sits on the Board of the Natural Capital Coalition, said: "The natural capital protocol is a real world rst in bringing structure docks in sections, each 500m long. The ve sections of pipe were prepared at port, towed out to Cornelian Bay and welded together at sea before being placed in the trench and buried under the sea bed at the end of June. and a standardised common framework for natural capital assess- ment." The Coalition is undertaking the process of developing separate sector guides work with the Protocol. The Protocol has made it clear that it would welcome dialogue with sector-speci c initiatives. "Companies that incorporate natural capital into their plans now could be at a competitive advantage when anticipated regulation comes into play in the future" Robert Spencer, AECOM

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