Business Management, Risk & Assurance Professionals

Business Management, Risk & Assurance Professionals

Business Management, Risk Assurance Professionals

Water & Energy

Supporting resilient infrastructure, stronger governance and regulatory confidence

Understanding Your Environment

Water and energy organisations operate in highly regulated, asset-intensive and operationally complex environments.

The sector continues to face increasing pressure from:

  • regulatory reform and compliance expectations
  • sustainability and environmental obligations
  • asset reliability and infrastructure investment demands
  • changing customer and community expectations
  • cyber security and operational resilience risks
  • pricing and affordability pressures
  • the transition to renewable and sustainable energy solutions

In this environment, strong governance, effective risk management and reliable operational controls are critical to maintaining service delivery, protecting community trust and supporting long-term sustainability.

At JNW, we bring practical experience working with utilities, regulators and infrastructure organisations across governance, regulatory compliance, internal audit, operational risk and strategic improvement initiatives.

Our industry experience enables us to quickly understand:

  • regulatory and compliance environments
  • operational and infrastructure risks
  • governance and assurance expectations
  • asset management and service delivery challenges
  • pricing and financial oversight frameworks
  • the practical realities facing Boards, executives and operational leaders

How We Support the Sector

We support water and energy organisations through:

  • Governance reviews and Board advisory; 
  • Enterprise risk management frameworks and Risk Appetite Statements; 
  • Regulatory compliance and assurance reviews; 
  • Internal audit and operational controls assurance; 
  • Procurement and contract governance; 
  • Business continuity and operational resilience planning; 
  • Asset management and operational governance reviews; 
  • Financial governance and pricing framework assessments; 
  • Strategic planning and governance support; and 
  • Audit & Risk Committee capability and advisory. 

Our approach is practical, commercially focused and improvement driven – helping organisations strengthen governance, manage risk and improve operational confidence in highly regulated environments.

Some of our projects that may be relevant to you are detailed below

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Essential Services Commission

  • Conducted Regulatory Accounting Statements Code compliance audits across 19 Victorian water businesses for the past seven years
  • Provided technical advice on Water’s Regulatory Accounting Code, National Performance Framework and Water Performance Indicator Definitions
  • Provided governance controls advice supporting the Victorian Default Offer (VDO) pricing model
  • Supported regulatory framework reviews and compliance monitoring initiatives across the water and energy sectors
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Uecomm Ltd

  • Supported transaction structure and due diligence activities associated with the $920 million sale of a national energy retail business and infrastructure assets
  • Undertook data verification and due diligence activities supporting the $1 billion ASX listing of Uecomm Ltd
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Western Water

  • Benchmarked procurement governance frameworks, including procurement culture, governance, policies, procedures and spend analysis
  • Developed Procurement & Contract Management Procedures and governance decision-making frameworks
  • Provided advice regarding the establishment of a centralised Procurement Governance Hub
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Gippsland Waste & Resource Recovery Group

  • Reviewed and refreshed governance frameworks, including the Board Charter and Audit & Risk Committee Charter
  • Assisted the organisation strengthen governance oversight and align governance frameworks to legislative obligations and better practice

Industry insight creates value

Our experience across the water and energy sectors enables us to bring practical benchmarking, governance insight and better practice ideas informed by real operational and regulatory experience.


This means we can spend less time learning your environment – and more time helping you strengthen governance, manage risk, improve operational resilience and support confident, well-governed decisions.