The World Business Council for Sustainable Development (WBCSD), the International Union for the Conservation of Nature (IUCN) and SustainAbility has released a guide specifically designed for businesses to help them identify the water tools and initiatives most suitable for their business needs and environmental sustainability. Water for Business is expected to help businesses use water more effectively and support their efforts in adopting more sustainable solutions in partnership with other stakeholders.
“Business has a leading role to play in the management of natural resources, especially in the use of freshwater resources, for which there exists no substitute,” said James Dalton from IUCN Global Water Programme. “The Water for Business guide can support businesses to find their way in tools aimed at managing water in a more equitable and effective manner, in the interest of companies’ performance, balanced with growing population demands and healthy ecosystems.”
“This is an essential guide for business, especially when you consider that 80% of the global population now lives in areas where the threat to water security is high¹. That, coupled with the spread of industrial and agricultural activity, is putting additional stress on local aquifers. So businesses need to have frameworks within which they can measure, manage and assess their impacts, especially those moving into emerging markets,” added Joppe Cramwinckel, Director, WBCSD Water.
The guide outlines the benefits of the different tools available, illustrates how a combination of complementary tools can best meet wide ranging needs, and helps businesses to manage the complexity of water-related challenges.
“Water for Business can help business leaders sort through the myriad of tools and resources available and select the ones that are most useful for their individual situation,” said Jeff Erikson, Senior VP at SustainAbility.
“The new edition of Water for Business is a particularly valuable resource for manufacturers wishing to evaluate their water management programs in the context of the current water sustainability space,” concluded Paul Wiegand, Vice President, Water Quality at NCASI whose insights and technical expertise have been instrumental in making this project a success over the past few years.