BSR Insight | The Long Journey of Corporate Water Stewardship
Water has become a key strategic issue for global companies: 39 percent of companies are already experiencing detrimental impacts related to water issues, according to the CDP Water Disclosure’s first report. As more companies assess their water-related risk, they’re recognizing that corporate water stewardship entails much more than conservation and efficiency.
Creating value for business, communities, and local ecosystems requires appreciating the complexity of water—seasonal variability and uncertainty in supply, simultaneous and interdependent users, the interaction between surface and groundwater, to name a few—and developing a set of strategic responses that address this complexity. In an interview with Ecosystem Marketplace, Greg Koch from Coca-Cola reiterated the importance of placing water impacts within a broader framework:
“You need to think about water footprints as a very useful tool to starting a much bigger, more complex journey.”
—Greg Koch, managing director, global water stewardship, The Coca-Cola Company
Learn more about Coca-Cola’s journey in the BSR Conference session “From Conservation to Restoration: How Investing in Watersheds Can Deliver Concrete Business Value.”
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