Primary Functions
- Access a structured framework, designed for non-water experts, to explore the topic of water risk.
- Map assessed facilities or investments on numerous water related map overlays.
- Identify the right tools to convert risk to value and better understand how financial statements may be impacted by water risk.
Detailed Description
The Water Risk Filter – developed by World Wildlife Fund for Nature (WWF) in collaboration with German development bank Deutsche Entwicklungsgesellschaft (DEG) – is a free, online tool that allows investors and companies from all industry sectors to assess and quantify water-related risks across the globe. The Filter’s risk assessment is based on a company’s geographic location (basin-related risks) and impact/performance (company/commodity-specific risk). The Filter translates the most up-to-date underlying data sets into risk metrics.
The Water Risk Filter provides a structured framework, designed for non-water experts, to EXPLORE the topic of water risk, including geographically, and possible responses on a general level. The ASSESS section provides the water risk assessment tool that covers all relevant elements of water risk, all industries (standard classifications) and all countries of the world. It interprets the best available scientific data as well as your operational data, translating it into risk scores. Then, you can map your assessed facilities or investments on numerous water related map overlays or visualise the results at a site or portfolio level. In the VALUE section, the Valuation Approach Finder will help you identify the most relevant valuation methods and tools meanwhile the Value Potentially Affected Tool will draw from your Water Risk Assessment results, in combination with CDP Water data, to help understand how water risk events can affect financial statements. Finally, in the RESPOND section, a structured set of assessment dependent response recommendations will guide you to take appropriate actions for mitigating risk and developing a water stewardship strategy.
