Politicians make the policy. But it’s often left to business to implement it. For this reason RioPlus Business is featuring submissions from business across the globe in the lead up to Rio+20.
The aim is to demonstrate how Sustainable Development is becoming a reality on every continent, country and city.
In this article Deloitte’s David Pearson and Will Sarni explain why adopting a value chain orientation to water stewardship can beginning to help protect valuable water resources.
Water scarcity currently poses serious threats to business in many regions of the world, and these risks are increasing.
These challenges are closely interlinked with the threats that water scarcity presents to a range of stakeholders, including the private sector, local communities, countries, and regions.
The United Nations (UN) World Water Assessment Programme has advanced the proposition that clean water contributes fundamentally to improvements in human health, poverty alleviation, and economic development.
In 2010, the UN General Assembly adopted a resolution “recognizing the right to safe and clean drinking water and sanitation as a human right that is essential for the full enjoyment of life and all human rights.”
Companies’ continued ability to make and supply goods depends on the availability of freshwater, and often their water requirements compete with those of other local water users.
Competition for water can create tension between businesses and the communities where they operate.
Moreover, in a world of burgeoning information availability and transparency, investors, regulators, local communities, and other stakeholders are holding companies accountable for how their activities and decisions affect the quantity and [...]
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