Water stewardship: What is the Potential in Asia
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Transcript of Water stewardship: What is the Potential in Asia
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Water Stewardship ‐ what is the potential in Asia?
Stuart Orr, WWF International
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Background
• ‘A survey of 350 companies ‐ 92% agree that a water crisis is looming and 70% believe that the risks of water scarcity
l h fare equal to those of carbon emissions.’
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Water Stewardship
• The Carbon Disclosure Project (CDP) stated that more than half ofthat more than half of the world's largest listed companies – the pGlobal 500 – are now affected by water
b h h i lstress – both physical and regulatory
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Why water stewardship?
• Strategic risk to operations or supply chainsg p pp y
• Reactive response to operational crisis
• Market pressure from investors and consumers
• Leadership related to corporate responsibility
• Comparative advantage marketing of the companycompany
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Water Stewardship – Trends in Asia
• From water footprint to value t i kat risk
• Disclosure increasing• Mapping and risk analysisMapping and risk analysis improving• Financial institutions asking gnew questions• Consumers and media paying more attention• Appetite to work outside the ‘fence line’ is strongthe fence‐line is strong
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Lahore, Pakistan
• City‐wide partnership for sustainable water use andCity wide partnership for sustainable water use and water stewardship in SMEs in Lahore, Pakistan
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Textiles in Bangladesh
• Clear alignmentClear alignment between economy, health, state of rivers and business supply chains
• Stewardship opportunities are limitless with somelimitless with some vision
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Where do I start?
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Framework for stewardship
Influence
Collective
Influence Governance
CollectiveAction
Internal
Knowledge
Internal Action
Water
Knowledge of Impact
Water Awareness
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Framework for stewardship
Influence• Public goods
Collective
Influence Governance • Indirect control
• Allocation of resources• Places Collective
Action
Internal
• External environment
Knowledge
Internal Action • Private goods
• Direct control• Efficiency of resources
Water
Knowledge of Impact
Efficiency of resources• Products• Internal environment
Water Awareness
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www.waterriskfilter.org
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What could the private sector add?
• Loans/finance • Convening/• Regulatory dialogues• Health studies
g• Clean technology• Water trading
• Data sharing and collection
g• Standards• Procurement policies
• Advocacy• Institution strengthening
• Consumer engagement• Policy implementation
strengthening• Community outreach
• Efficiency• Financial analysis
Or government could blindly regulate and ignore the opportunities
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Reluctant or ready?