{"id":193,"date":"2015-02-18T21:47:56","date_gmt":"2015-02-18T21:47:56","guid":{"rendered":"http:\/\/disc.timberlinelabs.com\/?page_id=193"},"modified":"2015-12-30T22:11:12","modified_gmt":"2015-12-30T22:11:12","slug":"connections","status":"publish","type":"page","link":"https:\/\/ceowatermandate.org\/disclosure\/develop\/detailed-disclosure\/connections\/","title":{"rendered":"Connections Between Sections and Subsections"},"content":{"rendered":"

One of the most important aspects of effective water disclosure relates to a company\u2019s ability to make connections among the information areas (the sections and subsections) within the Disclosure Framework. In some instances the connections are inherent and are made automatically. For instance, it is not possible for a company to meaningfully convey business risks or opportunities without linking back to the company\u2019s water performance and operating context. In other instances, making the connections adds relevance and meaning to the information provided. For instance, response strategies should explicitly address the water-related risks, impacts, and opportunities the company has identified as material.<\/p>\n

The tables below labeled Connected Reporting provide examples of how a company might demonstrate how different types of water-related information relate to one another.<\/p>\n

Connected reporting tables<\/h3>\n

Linking Internal Actions to Current State and Implications<\/h5>\n\n\n\n\n\n\n
CURRENT STATE<\/th>\nIMPLICATIONS<\/th>\nDescription of Impact<\/th>\n<\/tr>\n
Geographic\/Geopolitical Area<\/th>\nParameters Exceeded<\/th>\nCauses<\/th>\nFines and Penalties<\/th>\nDescription of Impact<\/th>\nViolation Resolution<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Linking Water-Related Business Risks to a Company\u2019s Current State and Response<\/h5>\n\n\n\n\n\n
Geographic or Geopolitical Area<\/th>\nRisk Category and Driver<\/th>\nConsequence for Business<\/th>\nTime-frame<\/th>\nCompany Response<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Reporting the Causes of, and Appropriate Responses to, Harmful External Impacts<\/h5>\n\n\n\n\n\n
Geographic or Geopolitical Area<\/th>\nImpactful Action<\/th>\nRelationship to Impact<\/th>\nImpact Type<\/th>\nDescription of Impact<\/th>\nCompany Response<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Setting Goals and Targets in the Context of Risks, Opportunities, and Impacts<\/h5>\n\n\n\n\n\n
Geographic or Geopolitical Area<\/th>\nParameter \/ Metric<\/th>\nBaseline Performance<\/th>\nCurrent Performance<\/th>\nRisks & Impacts Managed<\/th>\nTarget<\/th>\nProgress Status<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Linking Internal Actions to Current State and Implications<\/h5>\n\n\n\n\n\n
Parameter \/ Metric<\/th>\nBaseline<\/th>\nRisk or Impact Addressed<\/th>\nCompany Action<\/th>\nPercent of Facilities Implementing<\/th>\nResulting Change in Performance<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Connected reporting for each subsection<\/h3>\n
    \n
  • \n
    Context<\/div>\n<\/li>\n
  • \n
      \n
    • Assessments of water scarcity and water stress are included within some Performance metrics<\/li>\n
    • Understanding basin conditions is an essential aspect of assessing business risks, opportunities, and external impacts<\/li>\n<\/ul>\n<\/li>\n
    • \n
      Performance<\/div>\n<\/li>\n
    • \n
        \n
      • Assessments of water scarcity and water stress (as described under Context) are included within some Performance metrics<\/li>\n
      • Understanding company and value chain water-related performance informs a company\u2019s understanding of its business risks and external impacts<\/li>\n<\/ul>\n<\/li>\n
      • \n
        Compliance<\/div>\n<\/li>\n
      • \n
          \n
        • Understanding company and value chain compliance informs a company\u2019s understanding of its business risks and external impacts<\/li>\n<\/ul>\n<\/li>\n
        • \n
          Business risks<\/div>\n<\/li>\n
        • \n
            \n
          • An assessment of business risks is based on the performance, context, and compliance data discussed under Current State<\/li>\n
          • Response strategies should react and respond to the specific risks a company faces, among other things<\/li>\n<\/ul>\n<\/li>\n
          • \n
            Business opportunities<\/div>\n<\/li>\n
          • \n
              \n
            • An assessment of business opportunities is based on the performance and context data discussed under Current State<\/li>\n
            • Response strategies ideally react and respond to specific opportunities presented to a company, among other things<\/li>\n<\/ul>\n<\/li>\n
            • \n
              External impacts<\/div>\n<\/li>\n
            • \n
                \n
              • External impacts typically result in business risks related to a company\u2019s reputation<\/li>\n<\/ul>\n<\/li>\n
              • \n
                Policies, governance, and targets<\/div>\n<\/li>\n
              • \n
                  \n
                • A company\u2019s overarching water strategy, and the policies and targets that underpin it, should address and manage the company\u2019s water-related risks, opportunities, and impacts where possible<\/li>\n<\/ul>\n<\/li>\n
                • \n
                  Internal actions<\/div>\n<\/li>\n
                • \n
                    \n
                  • Internal actions should advance a company\u2019s water strategies and seek to make progress toward established targets (which themselves should address the company\u2019s risks, opportunities, and impacts)<\/li>\n<\/ul>\n<\/li>\n
                  • \n
                    External engagement<\/div>\n<\/li>\n
                  • \n
                      \n
                    • External engagements should advance a company\u2019s water strategies.<\/li>\n
                    • External engagement should seek to manage the company\u2019s risks and impacts which cannot be adequately addressed by means of internal actions<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

                      One of the most important aspects of effective water disclosure relates to a company\u2019s ability to make connections among the information areas (the sections and subsections) within the Disclosure Framework. […]<\/p>\n","protected":false},"author":10,"featured_media":0,"parent":62,"menu_order":19,"comment_status":"open","ping_status":"closed","template":"","meta":{"footnotes":""},"coauthors":[],"_links":{"self":[{"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/pages\/193"}],"collection":[{"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/comments?post=193"}],"version-history":[{"count":0,"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/pages\/193\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/pages\/62"}],"wp:attachment":[{"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/media?parent=193"}],"wp:term":[{"taxonomy":"author","embeddable":true,"href":"https:\/\/ceowatermandate.org\/disclosure\/wp-json\/wp\/v2\/coauthors?post=193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}