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Corporate Water Risk Managment | 2degrees Sustainability Essentials

Corporate Water Risk Managment | 2degrees Sustainability Essentials

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Published by 2degrees
New to sustainability? Need a refresher course? Looking for a condensed guide to the most topical sustainability issues?, or just need help convincing your boss?

Look no further than the 2degrees Sustainability Essentials series.

These documents provide just what they say - the essential information that every sustainability professional needs to know. Whether its supply chain or smart grids, managing sustainability or managing energy, we have the information you need, all in one easy to read document and compiled by the leading industry experts.
New to sustainability? Need a refresher course? Looking for a condensed guide to the most topical sustainability issues?, or just need help convincing your boss?

Look no further than the 2degrees Sustainability Essentials series.

These documents provide just what they say - the essential information that every sustainability professional needs to know. Whether its supply chain or smart grids, managing sustainability or managing energy, we have the information you need, all in one easy to read document and compiled by the leading industry experts.

More info:

Published by: 2degrees on Sep 28, 2011
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Document Preview:Corporate Water Risk Management
2degrees Sustainability Essentials
Updated September 13, 2011 Page | 1
The 2degrees Sustainability Essentials Series provides the necessary guidance to a range of topics,for companies at the start of their sustainability journeys, or for 2degrees members who are new in
their roles. Think of it as a short course, or a “beginner’s guide to” sustainability issues.
Thisdocument highlights what you need to know about getting started with corporate water risk management.
Contents
 
Life Cycle Assessment (LCA) ................................................................................................................... .
 
WBCSD Global Water Tool ...................................................................................................................... .
 
GEMI Water Sustainability Planner and Tool .................................................................................... .
 
Aqueduct Tool ............................................................................................................................................. .
 
Watershed Sustainability Assessment ................................................................................................. .
 
The Ceres Water Framework .................................................................................................................. .
 
Challenges in Water Management ........................................................................................................... .
 
Top 7 case studies of effective supply chain water management ................................................. .
 
 
Document Preview:Corporate Water Risk Management
2degrees Sustainability Essentials
Updated September 13, 2011 Page | 2
What resources would be useful to me? ................................................................................................ .
 
Definitions
 
 
Corporate water accounting
The measurement and understanding of corporate water use,wastewater discharge, and related impacts.
Water stewardship
The response to adverse impacts on environmental, social or economicfactors linked to water use and process of achieving and maintaining sustainable watermanagement.
 Corporate water footprint
The total volume of freshwater that is used directly and indirectlyto run and support a business. The water footprint of a business consists of two components: thedirect water use by the producer (for producing/manufacturing or for supporting activities) andthe indirect water use (the water use in the
producer‟s supply chain). The 'water footprint of a
business' is the same as the total 'water footprint of the business output products'.
Supply chain water footprint of a business
The supply chain (or indirect) water footprint of a business is the volume of freshwater consumed or polluted to produce all the goods andservices that form the input of production of a business.
Water footprint assessment
 
The process of quantifying a water footprint, assessing itsimpacts and formulating a response. The assessment includes four phases: setting goals andscope; water footprint accounting; water footprint sustainability assessment; and water footprintresponse formulation.
Blue water footprint
The volume of surface and groundwater consumed as a result of theproduction of a good or service. Consumption refers to the volume of freshwater used and thenevaporated or incorporated into a product. It also includes water abstracted from surface orgroundwater in a catchment and returned to another catchment or the sea. It is the amount of water abstracted from ground- or surface water that does not return to the catchment fromwhich it was withdrawn.
Green water footprint
 
The volume of rainwater consumed during the production process. Thisis particularly relevant for agricultural and forestry products (products based on crops or wood),where it refers to the total rainwater evapotranspiration (from fields and plantations) plus thewater incorporated into the harvested crop or wood.
Water scarcity
The ratio of water footprint to water availability. Water scarcity varies within theyear and from year to year.
 
Document Preview:Corporate Water Risk Management
2degrees Sustainability Essentials
Updated September 13, 2011 Page | 3
"I believe we will runout of water  potentially before werun out of oil."
-Nestlé chairman Peter Brabeck-Letmathe
 
Why water management is important in sustainability
With only approximately 0.4% of the world's freshwater available for human use, water is one of our mostvital and irreplaceable resources. This water sustains our agricultural systems and consequently, our foodchain. Our PCs and phones rely on silicon chips produced from water intensive manufacturing processes.The electricity that flows through the wires of every home, office building and supermarket is generatedby power stations that depend heavily on water.Some say water, not oil, is the backbone of oureconomy.Rising global populations, rapid economicgrowth in developing countries, and climatechange are triggering global water availabilitychallenges. Electric power generators, foodproducers, and other water-intensive industriesare especially vulnerable, in their operations andtheir extensive supply chains. Water risks may bephysical (relating to the availability of water);reputational (with potential impact to brandvalue); or regulatory (current and potential waterquantity and quality regulations).
We‟re already seeing
impacts from the challenges of water availability and quality. In recent years, watershortages in California have resulted in more than $1 billion in lost revenue, as new housingdevelopments have been interrupted, and farmers have been forced to abandon or leave unplanted morethan 100,000 acres of agricultural land. At the same time, chemical companies like Dow and DuPont seevast opportunities in providing products that can help ensure adequate freshwater supplies globally. Dow,for example, is pushing to achieve a 35 per cent reduction in the cost of water reuse and desalinationtechnologies by 2015.

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