Use of the WBCSD Global Water Tool to Assess Global Water Supply Risk and Gain Valuable Strategic Perspective
Abstract:As water scarcity becomes more prevalent across the world, the risk to industry rises. There is a growing need for a practical tool that can map water use and effectively assess water risks for industries, especially global companies and organizations with operations and suppliers in numerous countries.
The Dow Chemical Company (Dow) participated in the development of the World Business Council for Sustainable Development (WBCSD) Global Water Tool. Dow used the metrics and mapping results generated by the tool to review and communicate corporate risks with internal stakeholders.
The WBCSD Global Water Tool has given Dow a unique and valuable perspective on the water use and relative corporate risks in their global operations. The Global Reporting Initiative metrics were especially useful for business stakeholders to frame the relative risks that exposure presents at the various production facilities.
Document Type: Research Article
Publication date: January 1, 2008
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