Airports and other large infrastructure agencies are embedding the principles of sustainability, resilience and equity into their asset management programs, allowing them to make more immediate and impactful changes to society and meaningfully deliver on strategic goals.
Recently, there has been greater emphasis on embedding these considerations as part of large and strategically visible capital projects by employing tools such as Leadership in Energy and Environmental Design (LEED) certification from the U.S. Green Building Council, vulnerability analysis and community outreach during the project planning and design process.
Organizations have realized the benefits can be much greater by applying these principles throughout the lifecycle strategies of existing assets and state of good repair (SGR) projects including operations, maintenance, renewal and replacement decisions, which can deliver additional benefits and outcomes.
The Bipartisan Infrastructure Law further emphasized SGR investments and are actively assessing projects based on principles of equity, resilience and sustainability while also embedding these considerations into transportation asset management policies and funding consideration across the Federal Aviation Administration, Federal Transit Administration and the Federal Highway Administration.
WSP has emphasized three important considerations in developing a triple bottom line (TBL) framework and philosophy for asset management that balance social, financial and environmental outcomes:
- Align with wider goals – Incorporate goals and programs that are filtered down from statewide, citywide and/or parent agency strategic plans;
- Incorporate TBL into decisions – Sustainability, resiliency and equity considerations are objectively evaluated and considered in both asset and project level prioritization; and
- Promote outcomes – Maintenance and capital investments are measured through outcomes that are transparently reported and tracked.