The water and waste sector impacts everyone. Water is a precious resource that requires significant investment in infrastructure, quality assurance and operational excellence to ensure success, while waste management is a critical societal service. We offer business-critical services to this sector, including audit and tax, risk management and sustainability solutions, to help the water and waste community meet growing global needs.
The water and waste sector touches each and every person’s life. Water is our most critical resource and, with global population on the rise, the demand for water will soar while supplies become regionally scarcer. The water sector faces major challenges, including climate change risk, population growth, concerns about contamination and capacity concerns. Likewise, with waste – as economic consumption grows, so does waste. Today, waste management is a fundamental challenge for our planet.
At Forvis Mazars, we aim to be an active stakeholder in the global water and waste community, advancing sustainable solutions and innovating to meet market challenges. Our assistance focuses on the five key challenges we see for the industry: investment, compliance, financing strategy, operational excellence, and sustainability.
For operational issues, we draw upon our cutting-edge data analytics skills. Data analytics allows unprecedented insight into operations such as demand forecasting and bacteriological quality management; used correctly, these insights can drive asset efficiency and improve operating margins. We also use insights from internal and external data – such as meteorological data – to drive efficiency and help prepare for the climate challenge.
For financial issues, both operators and investors benefit from our global network of tax, accounting, legal and modelling experts with specialist water and waste experience. With financial returns compressed for investors in the low-interest environment, efficient structures are vital.
Support in financing and developing your projects
Optimising your operations
Helping you build a more sustainable business
The past two years have seen an increase in the number and sophistication of cyber-attacks, creating a significant rise in cyber risk for many companies. As the February 2021 attack on a water treatment plant in Florida demonstrated, the water and wastewater sector is not exempt from attacks, which could have potentially severe consequences for society and the economy.
The way big data technologies are used in the water and wastewater industry has changed over the past few years. They are no longer looked at primarily as a means of simply gathering data, but as a management tool for improving operations, performance, and efficiency.
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