Water is one of the greatest sustainability challenges facing business and is a key issue for Australia as the world’s driest inhabited continent. Water underpins the global economy—it is essential for agriculture, manufacturing, metal, thermal energy, food, beverages, textiles, pulp, paper and many other industries. Water issues, including access, scarcity and pollution are fundamental risks to business that affect the bottom-line and carry environmental and social implications.
The Sustainable Development Goals also recognise water and sanitation as critical components of sustainable development (Goal 6).
CEO Water Mandate
The CEO Water Mandate is an action platform designed to help companies understand corporate water stewardship, and develop, implement and disclose water sustainability policies and practices.
Through the platform, companies can share best and emerging practices and forge multi-stakeholder partnerships aimed at addressing the problems of access to water and sanitation.
Corporate water stewardship helps companies identify and manage water-related business risks and contribute to more sustainable management of water resources.
The CEO Water Mandate seeks to build an international movement of committed companies, both leaders and learners.
Melbourne Water: Western treatment plant recycled water for sustainable farming
NAB: Providing an Impact Investing Solution for Australia’s Largest Water Basin
Nestlé: Saving water through improving factory processes
Website: CEO Water Mandate
Environment Stewardship Strategy
Guide to Water-Related Collective Action
Exploring the Business Case for Corporate Action on Sanitation
Guidance for Companies on Respecting the Human Rights to Water and Sanitation
Further resources are available here