This workshop will seek to “re-define leadership on water security”. The current water crisis requires new approaches that consider the interconnected nature of water issues and prioritize long-term sustainability and equity. Through responsible management practices and investments, companies have proved that they can play a key role in promoting sustainable water use and protecting water resources. This workshop aims to renew the focus on leadership in water management and security by shifting it from governance, risk assessments and disclosure towards target-setting, performance and real world impact.
Event objectives are:
- Stress test CDP’s/NBIM’s view on what leadership looks like to inform CDP indicator and scoring development as well as NBIM’s future expectations.
- Understand where consensus exists on new leadership criteria, and where it may be lacking.
- Identify where consensus is lacking and contention might arise.
Firstly, we will hear from NBIM, CDP, and other NGOs and leading companies in the water space on the current state of water disclosure and leadership. This will be followed by roundtable discussions with senior executives from companies and representatives of water organisations to “re-define leadership on water security”.
- Absolute impact reduction – To truly solve the water crisis business everywhere must reduce its impacts and dependencies. We’ll explore the ultimate measures of success for the firm of the future, including expectations for reductions in freshwater withdrawals and elimination of water pollution.
- Targets and implementation – Water target setting plays a vital role in water management and is a key element in driving the delivery of corporate water strategies. We’ll seek to define what best-practice for water targets and their implementation looks like – considering science-based targets and the local context of water challenges.
- Accelerating action through supply chains – To tackle the water security crisis, companies must look beyond their direct operations and reduce water impacts across their supply chain. We’ll explore which absolute impact indicators enable leading companies to reduce their supply chain impacts on water availability, quality, and ecosystems.