Up to 25% of water is wasted in the real estate sector; industry leader in water management calls on decision-makers to take a technology-led approach to reduce wastage

NEW YORK, 26 August 2024 /PRNewswire/ – WINT Water Intelligence, a leader in cutting-edge water management, leak detection and water damage mitigation solutions, is calling on stakeholders and government institutions to prioritize water management in properties and address some of the most under-appreciated sources of water waste.

Commercial buildings and institutional facilities consume 17% of the public freshwater supply in the United States and also represent significant sources of waste. Up to 25% of this water is ultimately wasted due to poor water monitoring and management.

A strategic approach to water management using artificial intelligence (AI), signal processing technology and comprehensive data insights can help companies reduce waste, cut costs, mitigate risks and achieve sustainability goals.

WINT shares the concerns of the experts who are Sweden 25-29 August: World Water Week, an international conference on global water consumption where leaders from around the world exchange new ideas, learn from each other and work together on innovative solutions.

“Water is a vital resource, but we do not have an unlimited supply,” said Yaron Dycian, Chief Product and Strategy Officer at WINT. “The global water system is under increasing pressure. Water cooperation is key to long-term water security and ensuring that everyone has access to sufficient amounts of clean, safe water. At WINT, we are committed to working with thought leaders and decision makers to develop and implement innovative strategies and technology solutions for the world’s water supply.”

According to the United Nations World Water Development Report, more than 1.4 billion people are affected by droughts. In 2022, about half of the world’s population experienced severe water scarcity for at least part of the year, while a quarter of them faced “extremely high” water stress, consuming over 80% of their annual renewable freshwater supply.

Inefficient management of water supplies in the built environment contributes significantly to water stress and increases the carbon footprint of companies. According to the report “The Carbon Impact of Water”:

• On average, every cubic meter of water consumed causes 10 kilograms of carbon emissions.
• A leaky toilet alone wastes over 3.8 million litres of water and causes 46 tonnes of carbon dioxide emissions every year – as much as an average passenger car.

“To ensure that ESG policies and water sustainability are fully considered, some oversight and regulation can be useful,” Dycian said. “It can help provide clarity and ensure the right targets are set. But as with any government intervention, we urge a minimalist approach that guides the market without creating excessive requirements that can stifle innovation.”

WINT works with organizations around the world to advance proactive water management technologies across the entire building lifecycle, helping its clients reduce water usage by an average of 20-25%. Last year, WINT saved a total of 652 million gallons of water for over 400 leading global companies, which would have resulted in the release of 22,000 tons of carbon emissions. WINT’s AI-powered technology can:

• Monitor water flow to detect leaks and inefficiencies.
• Activate automatic and remote water supply shut-off at the leak source to prevent water damage.
• Ensure complete transparency about water consumption of all water systems in the building.
• Identify and eliminate sources of water waste.
• Measure water consumption accurately in real time.
• Present detailed reports and dashboards that provide comprehensive water and carbon footprint analytics.

WINT equips contractors, developers and property management teams with a holistic solution for water management throughout the lifecycle of a building, from construction to operations. It is used worldwide by customers such as Suffolk Construction, HP, PepsiCo, the Empire State Building, as well as many other leading corporations, general contractors (GCs) and asset owners.

The enterprise-grade water management platform WINT includes portfolio-wide water monitoring and analytics for operations in large and mid-sized facilities. Green buildings that deploy WINT can add multiple points to their overall sustainability score in LEED, BREEAM or NABERS, improving their overall rating for certification.

About WINT
WINT Water Intelligence is committed to supporting water management in buildings to reduce their environmental footprint, avoid the hazards and costs associated with water leaks, and improve their sustainability ranking. Leveraging the power of artificial intelligence and IoT technology, WINT provides a solution for commercial facilities, construction sites, and industrial manufacturers looking to reduce water waste and associated carbon emissions and mitigate water leak disasters. In 2023, WINT prevented more than 900 water leaks, saving customers millions of dollars while saving 652 million gallons of water and preventing 22,000 tons of carbon emissions. WINT has been recognized by Fast Company and CB Insights as one of the world’s most innovative AI companies, and has won several awards including “Next Big Things in Tech” and the Insurance Times Claims Prevention Technology Award. It was also listed in the top 30% of the Inc 5000 – the fastest growing companies in America.

For more information about WINT, see visit https://wint.ai

MEDIA CONTACT:
Heather Ripley
Ripley PR
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SOURCE WINT