UN Global Compact  |  CEO Water Mandate

Great Britain Mexico Brazil

Advance UN Sustainable Development Goal 6 - Sustainable Management of Water

  Claim

Advance UN Sustainable Development Goal 6 - Sustainable Management of Water

Advance UN Sustainable Development Goal 6 - Sustainable Management of Water

Posted on July 24, 2019 by Thomas Schumann

Authoring Organizations: --
Consulting Organizations: --
Universal: Yes
Last Updated Aug 11, 2019

Overview

Any action that involves water creates the most benefit and impact for society, environment and economy if these factors are considered: Stewardship, conservation, sustainability, responsibility, long-termism, responsible investing, stakeholder versus shareholder value. In 2010, the United Nations General Assembly recognized that water and sanitation should be a human right. Water as a human right is as much about the quality as it is about access. Sustainable Development Goal 6, one of 17 Sustainable Development Goals established by the UN in 2015 calls for clean water and sanitation for all people. Any action that involves water is best guided when it is 100% aligned with SDG 6.

Benefits

Companies that appropriately mitigate water risk and focus on water security demonstrate good water stewardship characteristics, hence create value for their shareholders and stakeholders alike. 

Guidance

At the individual company level are three critical research steps to obtain a comprehensive picture of water risk exposure:
1) Understand Corporate Water Dependency
2) Combine Water Dependency Data with an Assessment of Water Security   
3) Get a Sense of Corporate Water Risk Awareness and Response

Example

Water is vital to beverage companies, an essential ingredient in their products, but it’s also used as a primary resource in their production processes. Diminishing water resources is a rising global challenge—and many beverage companies have recognized the vital role they play in addressing it. While many beverage companies are working hard to improve their own commitments to water stewardship, some are also working together to make a bigger difference. Sustainability leaders from nearly two dozen beverage companies—including recognizable brands such as Coca-Cola, PepsiCo and Molson Coors—are working together to further water stewardship efforts.

Projects that have claimed this Lesson


The world’s first benchmark index to price financial water risk in equities due to their exposure to water. Financial water risk is a core portfolio risk. The model, waterBeta, prices water risk as an unsystematic volatility metric, relative to industry-specific ... Learn More

The world’s first responsible investment fund capturing sustainable, long-term alpha by mitigating financial water risk to advance UN Sustainable Development Goal #6 "Sustainable Management of Water". Learn More

Discussion

No comments found - be the first to add yours below!

No comments found. Log in and add yours below!


This lesson learned reflects the beliefs and experiences of the author, not necessarily the Pacific Institute, CEO Water Mandate, or UN Global Compact.