Volume of water saved during the reporting period as a result of the organization's services sold.
Volume of water saved during the reporting period as a result of the organization's services sold.
Organizations should footnote all assumptions used.
This metric is intended to capture the water savings to consumers from their purchase of the organization’s water-conservation offerings. For example, an organization that helps identify products and methods that conserve water (such as low-flow products, rain-collection devices, irrigation timers, or leak correctors) would report the total water savings to its clients resulting from these provided services.
Organizations should take care to use the same reporting period for both the number of clients and the average water savings per client.
In some contexts, this metric can serve as an indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). For more on the alignment of IRIS metrics to the five dimensions of impact, see IRIS+ and the Five Dimensions of Impact (https://iris.thegiin.org/document/iris-and-the-five-dimensions/). No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to metric name and definition language for clarity.
March 2014 - IRIS v3.0 Released
Material change. Water Savings from Services (PI2884) replaced Water Savings. Metric name and definition modified to provide clarity based on best practices and standard guidance.
November 2011 - IRIS v2.2 Released
No change.
February 2011 - IRIS v2.1 Released
No change.
September 2010 - IRIS v2.0 Released
New metric. Water Savings (PI2884) was developed via the Environment, Energy & Water Working Group.