Both a Human and Business Problem
Water stress impacts lives around the world, with more than 25 per cent of the world’s population currently living in water-stressed regions.
As it stands today, one in nine people don’t have access to drinking water.
But water stress also impacts business. Every day, water stress results in increased costs, production interruptions, market instability and workforce hardship, among other profound challenges. In fact, the World Bank projects by 2050 some regions could see their GDP growth rates decline by as much as 6 per cent due to water-related losses.
An Industry-Driven Coalition
CEOs from seven major global companies – AB InBev; Diageo; The Dow Chemical Company; Ecolab; Gap, Inc.; Microsoft; and PVH Corp. – together with the UN Global Compact’s CEO Water Mandate spearheaded the formation of the Water Resilience Coalition, in partnership with many other NGOs. Their intent was to bring together CEOs of the world’s most influential companies around building a water resilient future.
A Pledge to Act
In joining the Coalition, companies have pledged to make the needed investments in their own operations, as well as work together through collective action, to accomplish three overarching commitments by 2050. These commitments are aimed at addressing the underlying issues affecting the health of the world’s shared freshwater resources and building resilience of the freshwater basins that serve our communities, industry and the environment on which we all depend. Learn more about the pledge commitments here.
Governance of the Water Resilience Coalition
The Coalition’s co-founding companies have signed a pledge and will serve as Coalition leaders for a minimum of three years. For additional information on membership fees, see below.
|Company revenue ($USD)||<$1B||$1-5B||$5-10B||>$10B|
|Annual commitment for first 3 years ($USD)||Leadership Committee member||N/A||$50K||$75K||$100K|
To learn more about joining Water Resilience Coalition and contributing to a water resilient future, please contact us.