This post is part of a series on World Water Week, an annual event designed to draw attention to and discuss global water issues. Read more posts in this series.
This piece was co-authored by Anne-Leonore Boffi, Program Officer with the WBCSD, and Ruth Mathews, Executive Director of the Water Footprint Network.
The unsustainable use of water and the risks it creates is on the minds of many of the thousands of water experts from the corporate, NGO, and government worlds who convened in Stockholm this week for World Water Week. As companies increasingly view water as not just an environmental issue, but a complex driver of very real risks to their businesses, the appetite for better information on how to manage these risks and become good water stewards has grown substantially. In fact, many organizations have put tremendous effort into developing tools and methodologies and compiling the best publicly available water information so that companies can manage their water use in sustainable, efficient, and equitable ways.
This week in Stockholm, teams from the World Business Council for Sustainable Development (WBCSD), World Resources Institute (WRI), and Water Footprint Network (WFN) convened a seminar called “Towards Sustainability: Harmonising Water Tools for Better Water Governance”. The event focused on providing an overview of each tool and highlighting areas requiring better harmonization and coordination efforts to help drive companies towards better management and stewardship of water resources. The seminar also included Ceres, DEG (a German development finance institution), World Wildlife Fund (WWF), and the UN CEO Water Mandate. The goal of the seminar was to explain how our organizations are striving to provide companies with a clear, easy-to- understand, and compatible set of water management tools—not a variety of competing efforts, but rather an organized and coordinated front.