Water for Business: Initiatives Guiding Sustainable Water Management in the Private Sector

World Business Council for Sustainable Development: “Water for Business: Initiatives Guiding Sustainable Water Management in the Private Sector”, jointly developed by the World Business Council for Sustainable Development (WBCSD) and the International Union for Conservation of Nature (IUCN) identifies 16 initiatives or tools, driven by business leaders, civil society and governments, which have emerged since 2006.
“Water for Business” is not an exhaustive overview; rather, it tries to concisely capture business-relevant initiatives that are addressing the challenge of better defining sustainable water management. These can be through different approaches, including guidelines, tools, measurement methodologies, and communication and stewardship schemes.
The report includes a glossary of water terms separated into broadly used and understood terms, terms linked to specific initiatives and finally terms that are currently not well defined or are controversial.
This guide is aimed at helping business identify which initiatives and approaches will most suit its needs, and to help developers of schemes understand opportunities for increasing impact through consensus building and joint action.
The information in this report is organized around three main sections:
• A matrix characterizing the initiatives and tools in terms of the main issue of concern, geographic focus, leading agent and multi-stakeholder approach.
• Factsheets summarizing the individual initiatives and enabling comparison.
• A companion glossary of key terms and definitions in the area of water management, together with key references used.
The main issues of concern have been divided into three categories:
• Tools that support the identification of risks and opportunities related to water use and impacts.
• Initiatives and tools that aim to help business (and other organizations)measure water use and assess water-related impacts.
• Approaches to developing response options , addressing questions such as how to report, what to disclose and how to recognize responsible water managers through certification schemes.”

PDF, 40 pages

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