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Business Strategy for Water Challenges

From Risk to Opportunity

Water is a resource under increased stress, with its management now cited as one of the greatest risks to business continuity and growth.

This concise guide for professionals offers strategic steps for developing a corporate water stewardship strategy. It will enable you to: define business water risks, and the opportunities associated with those risks; explore, through sector-specific profiles, risks associated with regulation, reputation, external response and engagement, and physical incidents; develop a clear plan and process for creating, managing and mainstreaming a corporate water strategy; identify several initiatives and new risk tools that your company can use to stay on top of best practice in water management.

With the advent of risk tools, and a growing list of testaments around business risk from water, we are now able to respond more appropriately to how this resource is impacted by and impacts upon business.

Use this book as your guide as you begin to build your company's strategy around water.

Abstract and keywords

About the authors

Glossary

1. Introduction

1.1. From risk to opportunity – From ad hoc to strategy

1.2. What is different about water risk?

1.3. What is the state of our water resources?

1.4. What are we trying to achieve?

1.5. Appreciating water’s real value

2. What is business water risk?

2.1. Regulatory, reputational and physical incidents and definitions

2.2. Explore sector risk profiles

3. Strategic steps to developing a corporate water stewardship strategy

3.1. The process of developing a corporate water strategy

3.2. Mainstreaming the water strategy

3.3 Strategic framework for water stewardship

3.4. Specific considerations for the corporate water strategy

3.5. Some potential risk implications of external response and engagement

4. Going forward – Opportunities

Important initiatives and tools

Notes

STUART ORR is Head of Water Stewardship at WWF, working with business and public institutions to improve water management. GUY PEGRAM leads the management consultancy Pegasys, through which he has addresses catchment water resources issues.

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