[vc_row full_width=”stretch_row” css=”.vc_custom_1493313822450{margin-bottom: 25px !important;background-color: #e8e8e8 !important;}”][vc_column][vc_column_text]Recognizing that terminology such as \u201ccontext-based metrics,\u201d \u201ctargets,\u201d and other related terms can be confusing, here we provide the following working definitions of key terms:<\/p>\n
Metric:<\/strong> any form of quantitative or qualitative measure used to track progress at a site, whether corporate, basin level, or other levels. For example, \u201cwater efficiency\u201d or \u201cwater withdrawal.\u201d<\/p>\n Target:<\/strong> a specific time-bound objective that sets the desired outcome at site, corporate, basin, or other levels. For example, \u201cBy 2020, a 20% increase in total water efficiency as compared to 2015,\u201d or \u201cBy 2020, a 10% decrease in total nitrogen discharges as compared to 2017.\u201d<\/p>\n Local water context:<\/strong> according to the Alliance for Water Stewardship\u2019s Standard,[note]Alliance for Water Stewardship (2014). The AWS International Water Stewardship Standard. Context-based:<\/strong> informed by sustainable thresholds or limits of a given basin based on science; respects the basin\u2019s environmental, economic, and social needs, and current and future conditions; and supports public sector objectives such as the SDGs. Thresholds should be informed by non-unilateral (and ideally consensus-driven) method. Efforts that strive to consider and address basin context, but that differentiate based on local conditions (e.g., citing the number of initiatives that take place in water-stressed basins), are not considered context-based for this project.<\/p>\n Context-based water metric:<\/strong> a water measure used to track progress on a company\u2019s efforts relative to the thresholds of the basin. Such metrics include both a component that speaks to performance and a component that speaks to the basin\u2019s thresholds.<\/p>\n Context-based water target:<\/strong> a specific time-bound objective that sets the desired outcome to include both a component that speaks to the company\u2019s water performance and a component that speaks to the basin\u2019s conditions. Context-based water targets better inform audiences on the extent to which performance respects the agreed upon thresholds of the basin or supports public policy. See Box 1 <\/a>for an example.<\/p>\n Science:<\/strong> For the purposes of this paper, science refers to the factual basis and knowledge covering general truths of a basin, including water demands, withdrawals, consumption, availability, quality, and accessibility, obtained and tested through the scientific method. Furthermore, the approach for setting context-based water targets, including the level of stakeholder engagement, will be developed in the next stage of this initiative.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":" [vc_row full_width=”stretch_row” css=”.vc_custom_1493313822450{margin-bottom: 25px !important;background-color: #e8e8e8 !important;}”][vc_column][vc_column_text]Recognizing that terminology such as \u201ccontext-based metrics,\u201d \u201ctargets,\u201d and other related terms can be confusing, here we provide the following working definitions of key terms: Metric: any form of quantitative or qualitative measure used to track progress at a site, whether corporate, basin level, or other levels. For example, […]<\/p>\n","protected":false},"author":9,"featured_media":0,"parent":18,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-85","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/pages\/85","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/comments?post=85"}],"version-history":[{"count":4,"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/pages\/85\/revisions"}],"predecessor-version":[{"id":112,"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/pages\/85\/revisions\/112"}],"up":[{"embeddable":true,"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/pages\/18"}],"wp:attachment":[{"href":"https:\/\/ceowatermandate.org\/context-based-targets\/wp-json\/wp\/v2\/media?parent=85"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nAvailable at http:\/\/a4ws.org\/wp-content\/uploads\/2017\/04\/AWS-Standard-Full-v-1.0-English.pdf<\/a>[\/note] \u201cthe social, economic, and environmental conditions of a surface or groundwater basin,\u201d including:<\/p>\n\n