Integrated Profit & Loss Report
Yarra Valley Water produced an Integrated Profit and Loss (IP&L) report in 2016 to get a better understanding of the value we create.
Traditional analyses only consider profit and loss when considering value. However, there can be many more benefits and impacts. Yarra Valley Water wanted to know this to assist its strategic decision making.
The IP&L methodology adopts a more holistic assessment that includes natural, social, human and financial capital to determine value. To our knowledge it is the first produced by a water utility. It was compiled by Trucost and GIST Advisory, who are based in London and India respectively.