What is the true value of water stewardship? With the water crisis playing out in real time across the globe, the days of misusing and misvaluing the world’s most precious natural resource are over. But for many companies working to better manage water, developing a complete financial picture that bolsters the business case for action is, itself, a work in progress.
A new analysis from Ceres and the consultancy Bluerisk introduces a framework that sheds light on the full value of water by estimating the cost of solutions and potential business and societal benefits of water management strategies. The analysis includes an illustrative example showing how the cost-benefit analysis framework can be applied to help a company identify opportunities and prioritize action for the greatest impact.
It's critical companies and investors understand the complex value of water as it relates to maintaining the health of a company and its relationship with the communities impacted by its operations and supply chains. Being able to quantify the business opportunities for engaging in water stewardship is essential to get the full attention of corporate executives and corporate boards and unlock internal funding to support water intervention strategies.
The cost-benefit analysis framework will also be an important tool for investors engaging with companies on their water practices through the Valuing Water Finance Initiative.
Join us for a webinar today at 10am ET
to learn more about the framework and hear insights from investor and company representatives on the business value in acting to better manage water resources.