Resources for Assessing Risks, Opportunities, and Impacts

 

Many available reports, frameworks, tools, and other resources can support meaningful and robust assessment and disclosure of water risks, opportunities and impacts. These resources cover a range of topics, including:

  • Disclosure—Initiatives such as CDP and GRI provide guidance for disclosing on water risks, opportunities and impacts. The CEO Water Mandate has worked closely with both CDP and GRI to align this document with those initiatives to the greatest extent possible.
  • Risk maps—Tools provided by organizations like WRI and WWF enable companies to map local water conditions near their facilities. This can lead to a better understanding of an organization’s exposure to water risks.
  • Opportunities—Groups like Business Link and EDF offer resources to help companies identify opportunities and technologies for water efficiency and cost savings.
  • Valuation—Valuation techniques can help companies quantify environmental risks, opportunities and impacts, including but not limited to those related to water. Reports from organizations like the Natural Capital Coalition and WBCSD outline current valuation techniques and provide examples of how they are being used in practice.

 

Organization Resource
Beverage Industry Environmental Roundtable (BIER) A Practical Perspective on Water Accounting in the Beverage Sector
Business Link Water Technology Product List
CDP CDP’s 2014 Water Information Request
Guidance for companies responding on water 2014
Ceres Ceres Aqua Gauge: A Framework for 21st Century Water Risk Management
Murky Waters: Corporate Reporting on Water Risk
Environmental Defense Fund (EDF) WaterMAPP Tool
Federal Emergency Management Agency (FEMA) Flood Maps
German Federal Government Water, Energy, and Food Security Resource Platform
Global Environmental Management Institute (GEMI) Local Water Tool
Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines
GRI Technical Protocol: Materiality in the Context of the GRI Reporting Framework / Defining Report Content: The Process
IBAT for Business Integrated Biodiversity Assessment Tool (IBAT)
International Standards Organizations (ISO) ISO 31000 Risk Management
Natural Capital Coalition Valuing Nature in Business—Towards a Harmonized Protocol
Valuing Nature in Business—Taking Stock: Existing Initiatives and Applications
South Pacific Applied Geoscience Commission (SOPAC); United Nations Environment Programme (UNEP) Environmental Vulnerability Index
University of Colorado Flood Observatory Tool
National Oceanic and Atmosphere Administration (NOAA) US Objective Long-Term Drought Indicator
Organisation for Economic Co-operation and Development Glossary of Statistical Terms
United Nations CEO Water Mandate Guide to Responsible Business Engagement
Guide to Collective Action
United Nations Environmental Programme (UNEP) Freshwater in Europe
United Nations Food and Agriculture Organization (UN FAO) Aquastat
United Nations Global Compact UN Global Compact Management Model
United Nations World Water Assessment Programme (UN WWAP) Glossary of Hydrology
Water Footprint Network (WFN) Water Footprint Assessment Manual
Water Footprint Assessment Tool
WaterStat
World Bank World Development Indicators
World Business Council for Sustainable Development (WBCSD) Global Water Tool
Business Guide to Water Valuation: An Introduction to Concepts and Techniques
Water for Business: Version 3
Water Valuation: Building the Business Case
World Economic Forum (WEF) Water Security: The Water-Energy-Food-Climate Nexus
World Health Organization (WHO); United Nations Children’s Fund (UNICEF) Joint Monitoring Programme
World Resources Institute (WRI) Aqueduct Tool
World Wildlife Federation (WWF) Water Risk Filter
WWF Priority Basins
WRI and WBCSD The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard, Revised Edition


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