WRI and MIT have developed a proven method to crowdsource local data through businesses to develop a unique water management geodatabase, which is now being scaled. Pinpointing areas with strong or weak water management will allow governments, utilities, businesses and investors to more precisely channel resources to places with the most need.
First convened in November 2017, the Task Force has seen some of its earliest benefit in linking together business representatives and government officials based on an urgent need and a common vision. It is this deepening relationship that will get the Western Cape through the worst drought in at least 300 years.
In 2014, the Mandate helped found the California Water Action Collaborative (CWAC) – unfortunately but affectionately termed “the quack.”
I have found that businesses tend to focus water stewardship efforts within their owned-and-operated facilities, because this is where they have the most influence and ability to affect changes in practice. However, the greatest water risks – and the greatest opportunities for improved management – often lie in companies’ supply chains.
Water crises have been among the top five global risks in each of the last seven years, according to the World Economic Forum. This year is no exception.
Revolve Water, in association with the Union for the Mediterranean (UfM), recently published their “Water Around the Mediterranean” 2017 report. Dedicated to communicating the value of water, Revolve Water’s organizational mission is to identify, encourage and implement innovative solutions for citizens, companies, and cities to become more sustainable in their water and energy usage.
The structure sets a new bar for reducing water consumption in commercial office buildings.
Water is top of mind for many companies when looking to 2018.
Water risk comes in many different shapes and sizes. It is caused by a wide range of water-related issues and affects businesses differently.