Climate change poses one of the most serious threats to societies, economies and environments across the globe. The business community is already experiencing adverse physical effects of climate change, from increased operational costs and disrupted production to social unrest in communities in which companies operate. These climate impacts are most prominently expressed through changes in the water cycle including floods and droughts.
This publication outlines why companies should address water-related risks of climate change and present case studies of actions being taken to better integrate corporate efforts on climate change and water. Companies should address water-related risks to climate change across their direct operations, surrounding communities, supply chain and broader network, and collaborate with strategic partners to make a positive impact.
The publication was developed by the United Nations Global Compact CEO Water Mandate, for which the Pacific Institute is co-secretariat, along with CDP, Suez, and the World Business Council for Sustainable Development.