Water stress poses one of the greatest risks to the economy. The World Economic Forum ranks water crises, and several other water-related risk factors, among the global risks of highest concern for doing business.
All business sectors – industry, agriculture and commercial – face water-related risks which can include operational and supplier disruptions, increased costs, threats to their social license to operate and brand damage. In North America, water users face these risks due to droughts, water rights uncertainty, impaired water quality and reputational challenges.
Since water-related risks are material to direct operations and supply chains, your bottom-line may be impacted.
Manufacturers adopting the AWS Standard have used it to gain a better understanding of their water-related risks, build a critical mass of internal support for a comprehensive water strategy, document water management efforts for customers, employees, and regulators, and reduce total water use at their facilities, yielding benefits to the company’s bottom line as well as to the environment. Manufacturing members include BASF, Apple, P&G, Sloan, and Ecolab.