15 Jul '11, 12pm

6 Ways Companies Can Address Their Water Scarcity Risks

6 Ways Companies Can Address Their Water Scarcity Risks

As the world starts to wake up to the reality of looming water shortages, companies, investors and other stakeholders care about the risks posed to business from water scarcity. As a result, companies are measuring their water footprint -- direct water use and increasingly indirect water use in their value chain. They are also beginning to develop an understanding of the geographic distribution of water scarcity risk. In understanding water accounting we must first explore: what comprises water risk; why does water accounting include both footprinting and risk mapping and why the interest in water accounting? First, water scarcity risk is characterized as: Physical (the availability of water); Reputational (potential impact to brand value); and Regulatory (current and potential water quantity and quality regulations). These risk factors typically translate into real busine...

Full article: http://www.greenbiz.com/blog/2011/07/15/6-ways-companies-...

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