EU taxonomy: What property owners need to know about sustainability reporting22.5.2023
Reducing environmental impact and contributing to a sustainable future is an important part of responsible property management. However, what you may not know is that the EU Taxonomy and its framework have made it more important than ever to begin sustainability reporting. In this article, we will go through what the EU Taxonomy means for large property owners and what you need to know about sustainability reporting.
What is the EU Taxonomy?
The EU Taxonomy is a framework that identifies which economic activities can be classified as sustainable. The framework will become an important tool for identifying sustainable economic activities. It is therefore important for property owners to understand how they can use this to report on their sustainability efforts. By understanding the different environmental goals that the EU Taxonomy consists of, property owners can take important steps towards reducing their environmental impact and contributing to a sustainable future.
As a property owner, it is important to understand how your business contributes to these environmental goals and how you can use the EU Taxonomy to report on your sustainability efforts. Let us therefore take a closer look at a couple of sustainability goals where Smartvatten can primarily help you.
EU Taxonomy Goal 3: Sustainable use and protection of water and marine resources
A property owner can actively contribute to this goal by minimizing water consumption in the properties. You can monitor water consumption in the property and install water-saving products such as low-flow toilets and showerheads. By reducing water consumption, you also reduce waste, which reduces the pressure on treatment plants and reduces the risk of overuse of water resources.
You can also manage sewage in a sustainable way by collecting and reusing rainwater. By installing rainwater recycling systems, you can reuse water for irrigation and cleaning of the property, reducing the burden on water resources and reducing the risk of floods.
It is also important to have adequate systems in place to purify sewage water before it is released into the environment. By using efficient purification methods, you can reduce the risk of pollution of water resources and contribute to protecting the marine environment. As a property owner, you can actively contribute to protecting and preserving our water resources and marine environments while ensuring sustainable use of these resources.
EU Taxonomy Goal 4: Transition to a circular economy
Transition to a circular economy is another important part of the EU Taxonomy. A circular economy means trying to reduce waste by using resources more efficiently. Instead of throwing away used materials and products, they are reused or recycled to create new products.
As a property owner, you can contribute to a circular economy by, for example, reusing building materials. When you make renovations or renovations to the property, make sure to reuse materials where possible. This reduces the amount of waste generated and reduces the need to use new resources.
How can Smartvatten’s solution help property owners minimize water consumption?
By monitoring water consumption in real-time, property owners can identify leaks or other problems that contribute to abnormal consumption.
With Smartvatten’s solution, property owners can access real-time data on water consumption, which enables them to quickly take action in case of any deviations. Using these insights, property owners can reduce the risk of leaks being detected too late, which can lead to significant damage and high costs.
In addition to identifying problems, our solution can also be used to optimize water usage and thereby reduce water consumption. By monitoring water consumption, property owners can see which areas use the most water and focus on reducing consumption in those areas. By analyzing and tracking the data in our platform, property owners can also see which times of day water is used the most and adjust water usage accordingly. You can make decisions based on actual numbers, which makes it possible to reduce water consumption in a systematic and effective way.
Would you like to know more about how Smartvatten can help you?