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A partnership with Swiss group Hypercube opens YTL Enterprises up to the international water credit system to accelerate water resilience.
Bristol, UK – YTL Enterprises (YTLE), the commercial innovation arm of YTL Construction UK, has partnered with Swiss technology company Hypercube to issue the UK’s first blockchain-verified water reuse credit under WTR (Hypercube’s water credit standard).
For the first time in the UK, treated wastewater will be converted into tokenised credits that businesses can purchase to offset their water usage and support global water resource sustainably.
With pressure on freshwater supplies increasing through population growth, climate change, and rising industrial demand, the UK is seeking scalable, verifiable pathways to manage water more responsibly.
YTLE’s partnership with Hypercube advances this agenda by introducing the WTR standard in the UK which recognises and rewards organisations that invest in water reuse.
This landmark initiative uses treated and recycled wastewater from sister firm Wessex Water’s water recycling centre in Avonmouth, Bristol, converting every 1m³ of recycled water into a verified digital water credit. These credits can be used by organisations seeking credible, measurable, and transparent solutions to address challenging water impacts and progress toward water-positive strategies.
A portion of every credit sale will then be reinvested into local water resource projects – supporting initiatives such as wetland restoration, river health programmes and community water resilience projects. This ensures that each credit not only represents reduced freshwater abstraction but also creates real, local, additional, long term environmental value for the Bristol region and beyond.
Richard McCluskey, head of commercial and customer at YTLE, said: “Every litre of water we reuse reduces pressure on the natural environment. By turning this into a verified, transparent credit, we can demonstrate our impact with integrity, support businesses on their sustainability journey, and reinvest in the health of our water environment.
“We’re delighted to have partnered with Hypercube and together we can mark a step change for water stewardship in the UK.”
Pietro Gorgazzini, managing director of Hypercube, said: “Opening up the UK’s water credit market together with YTLE is a particularly important move for our group because it sends a strong message. The UK is widely known as a rainy country, certainly not the first place that comes to mind when thinking about water shortages, however, water has now become a strategic resource which, when abundant, must be protected and managed efficiently with the same priority as when it is scarce.”
The Hypercube model draws on lessons from both voluntary carbon markets and mandatory compliance schemes.
While carbon markets aim to record environmental benefit, they have been challenged by inconsistent verification, complex registries, and risks of double counting.
Hypercube’s solution addresses these challenges head-on through blockchain-backed certainty that provides strong assurance for credit purchasers thanks to precision over estimation, immutable verification, and transparent lifecycle tracking.
The partnership forms part of YTLE’s broader ambition to pioneer new solutions that protect resources, strengthen environmental resilience, and support the transition to a low-carbon, circular economy.
