WBCSD Business Guide to Water Valuation
The WBSCD has launched a Business guide to water valuation in recognition of the difficulty businesses face in accurately measuring the importance of water. This new publication aims to provide business guidance on how to assess the value of water to their operations but also to society as a whole. Better valuing water can in fact help companies better manage water, thus reduce water stress and ensure the sustainability of their future operations. The guide shares best practices concepts and techniques to help managers commission, manage and review water valuation studies, and make the best use of the findings. It draws upon 25 business-related valuation cases that demonstrate how water valuation can be used to reach different goals, and that illustrate the valuation concepts and techniques. Peter Bakker, President, WBCSD said,
“There is a global recognition that water is rarely valued appropriately and as water demand continues to stretch and stress our water supply, businesses will increasingly need to account for the real value of water they are using in order to inform decision-making. And more broadly, greater practical collaboration and local participation is needed in the collective management of water to ensure long-term access to the resource in the context of competing demands."
This collaboration is a key part of the WBCSD's Action 2020 framework to achieve core societal and planetary goals through business solutions by 2020. Click here to download the full report.