"The [water] industry very much operates in a reactive firefighting mode" which leaves communities and commercial partners exposed. Alexa Bruce: CEO & Co-founder, Tova
Almost all of San Francisco's water comes from the Tuolumne River and the locals love it. Residents say that the “tap water is excellent” and it will “ruin any other tap water” for you.
However, increasing water risk and stresses are being felt by the community.
Major floods and droughts have hit the area over the past few years, with citizens and businesses increasingly worried about the risks of climate change.
The Public Policy Institute of California estimated the 2021 drought caused $1.7 billion in revenue losses for farmers and related agricultural sectors.
A San Franciscan told ABC News: "I think we're going to probably lose even more residents" as water bills are proposed to rise by a further 23% over the next two years.
A Californian utility company, which serves roughly 2.7 million residents and businesses in the Bay Area, brought in key academic figures from Tova to help them answer the following:
Is the utility sector prepared for risks to water supply, or are they firefighting problems as they surface?
They want to ensure that there will continue to be enough high-quality, clean water.
While water remains our most precious resource and a fundamental human right, it is not currently valued accordingly. Risks to water supply are detrimental to nature, society and business. Once we begin to understand those risks better, we can better mitigate them.
However, the current process for a utility company to understand its risks is outdated and expensive.