Monday 27 February 2012

A framework for 21st century water risk management

The report identifies trends in corporate and investor responses to emerging water issues—and explains how investors can identify holdings in their portfolios more likely to be exposed to water-related risks. Finally, it identifies the critical challenges companies face in managing water-related risks and the key elements of effective 21st century corporate water management.

Population pressures and climate change exacerbate water risks and their accompanying bottom-line impacts. Some companies are taking action to recognize and act on these risks, but many are not. The French government recently banned the practice of shale oil and gas fracturing, largely due to concerns over the process’s impacts on water quality. After years of exploration and investment in a large gold mine in El Salvador, Canadian firm Pacific Rim was denied the final permit for the project in 2009 due largely to farmer complaints that its operations were drying up local rivers. Population pressures and climate change exacerbate water risks and their accompanying bottom-line impacts. Some companies are taking action to recognize and act on these risks, but many are not.
http://www.ceres.org/resources/reports/aqua-gauge 

ALSO READ UGANDA'S NATIONAL WATER DEVELOPMENT PROJECT:
http://unesdoc.unesco.org/images/0014/001467/146760e.pdf

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