Dr Dave Tickner, head of freshwater programmes at WWF UK, who was one of the speakers at the event, says:
“Ensuring water security is one of the greatest challenges facing the world in the 21st century. The sustainable supply of water to all users, including businesses, underpins economic growth, poverty reduction, food and energy security and adaptation to the effects of climate change.”
“Wise management of this critical natural resource is therefore in all of our interests. WWF believes that companies, as major users of water, could play a key role in promoting better water management.”
Andy Wales, head of sustainability at SAB Miller, who spoke at the event, also contributed to the ACCA paper. The paper summarises the outcomes and discussion points of the event, which include:
· water as a key business risk
· water footprinting methodologies
· public-private partnerships
· corporate water management and how it can be achieved
· mainstream investor interest in water
WWF UK and ACCA have recently signed a Memorandum of Understanding to work together on ACCA’s UK Awards for Sustainability Reporting 2009 research, which will be assessing the standard of UK disclosures on water use and management.
Vicky McAllister, sustainability advisor at ACCA says:
“We are very pleased to be working with WWF UK on this issue. UK businesses should be addressing and reporting on the importance of water resources and management in their operations as well as upstream and downstream activities, one element of which is calculating the water footprint. WWF UK is considered an expert in this field and the resulting research should yield some interesting results for UK organizations to take on board.”
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