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Moving From Intentions To Positive Water Action


Moving From Intentions To Positive Water Action
By Emilio Tenuta
How monitoring facility water use can help corporations bridge the gap between water intentions and results
When it comes to risks, organizations have no shortage of options to consider. From climate change to increasing scrutiny and expectations from consumers to complications from the COVID-19 pandemic, businesses are balancing a lot. So, why should they make the time to focus on water?
Water stress and the impacts of climate change are some of today’s most pressing
issues for individuals and organizations alike. And while our world’s water supply is finite, human need and use continues to increase. The World Resources Institute projects that if we continue on our current path, demand for freshwater will outstrip supply by 56 percent by 2030. That’s an increase from the United Nations’ initial projection of a 40 percent gap by that time. ....

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ESG Insider: Why Companies, Investors Should Be Worried Abou


World Water Day was March 22nd, and we’re marking the occasion by looking at the looming threat of water scarcity and the lack of investor appetite for financing water-related projects. According to the United Nations, 2.2 billion people globally lack safely managed drinking water, and 4.2 billion people do not have safely managed sanitation. The U.N. also warns that water scarcity could displace 700 million people by 2030. Access to clean water has become even more vital with COVID-19, which created a worldwide need for constant hand-washing.
Water management is a risk for companies, too. S&P Global Trucost data shows that more than half of companies’ water usage comes from supply chains, so even companies operating in water-abundant regions can be affected by scarcity given the global nature of suppliers.  ....

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Water Stress Poses Huge Risks for Companies: These Tools Can Help


Water Stress Poses Huge Risks for Companies: These Tools Can Help
Water stress is a
perennial problem, and is only projected to worsen with climate change. One of the United Nation’s Sustainable Development Goals (SDGs) related to
water is to “ensure sustainable withdrawals and supply of freshwater to address water scarcity and substantially reduce the number of people suffering from water scarcity” by 2030.
It’s a lofty goal, especially considering every continent already faces some level of water stress. Further, in order to have any hope of reaching that goal, public and private stakeholders alike must fully commit to action. Corporations, in particular, will need to address water use, at every stage of the process. ....

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The Value of Water for Business | UN Global Compact


Overview
World Water Day 2021 focuses on the value of water, highlighting its importance from multiple angles, including cultural, environmental, economic, and financial. This session will be separated into two sections. In the first section, corporate leaders will discuss what “water means to the business sector,” and why it should be prioritized in business decision making. In the second section, two practical tools will be introduced to help companies advance water stewardship practices, in conjunction with case examples of companies who have already used these tools.
The duration of this session is 90 minutes:
Section 1: Building Resilience from Global to Local – The Importance of the Value of Water (45 mins) ....

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