Footprinting key to firms saving water

18th March 2014

Related Topics

Related tags

  • Adaptation ,
  • Management ,
  • EMS ,
  • Reporting


Scott Doxford

Companies need to better understand how their operations use water and the risks posed by scarcity, advises consultancy Context

After examining how multinationals, such as Unilever and PepsiCo, are reducing water consumption Context has identified seven “critical steps” for organisations wanting to tackle the risks posed by water scarcity.

In a free booklet, the consultancy advises firms to first understand exactly how their operations use water and how much is consumed, as well as the local water risks, in order to identify the most appropriate water management strategy. Companies must consider reputational and regulatory risks alongside the operational risks posed by lack of water, states the guide.

After implementing measures, companies must then report the results, both positive and negative, if they are to learn lessons and reduce water consumption in future, it concludes.

The consultancy also advises organisations to communicate what they are doing to manage water risk to investors and to consider collaborating with other organisations where possible.

“While some businesses acknowledge the potential risks, most are unclear on what to do, let alone on where to start,” says Peter Knight, chair of Context. “It’s clear that [leading companies] are quick to acknowledge and tackle their risks. They work hard to listen, understand, learn and then act with purpose. Wallflowers will either die from drought or drown in the flood.”

Context’s quick guide to water management includes links to online tools to help firms assess water risks across their operations and supply chains, as well as case studies detailing water saving initiatives from IKEA, Unilever and PepsiCo.


Subscribe to IEMA's newsletters to receive timely articles, expert opinions, event announcements, and much more, directly in your inbox.

Transform articles

SBTi clarifies that ‘no change has been made’ to its stance on offsetting

The Science Based Targets initiative (SBTi) has issued a statement clarifying that no changes have been made to its stance on offsetting scope 3 emissions following a backlash.

16th April 2024

Read more

While there is no silver bullet for tackling climate change and social injustice, there is one controversial solution: the abolition of the super-rich. Chris Seekings explains more

4th April 2024

Read more

One of the world’s most influential management thinkers, Andrew Winston sees many reasons for hope as pessimism looms large in sustainability. Huw Morris reports

4th April 2024

Read more

Alex Veitch from the British Chambers of Commerce and IEMA’s Ben Goodwin discuss with Chris Seekings how to unlock the potential of UK businesses

4th April 2024

Read more

Regulatory gaps between the EU and UK are beginning to appear, warns Neil Howe in this edition’s environmental legislation round-up

4th April 2024

Read more

Five of the latest books on the environment and sustainability

3rd April 2024

Read more

Ben Goodwin reflects on policy, practice and advocacy over the past year

2nd April 2024

Read more

In 2020, IEMA and the Institute and Faculty of Actuaries (IFoA) jointly wrote and published A User Guide to Climate-Related Financial Disclosures. This has now been updated to include three key developments in the field.

2nd April 2024

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert

IEMA Cookie Notice

Clicking the ‘Accept all’ button means you are accepting analytics and third-party cookies. Our website uses necessary cookies which are required in order to make our website work. In addition to these, we use analytics and third-party cookies to optimise site functionality and give you the best possible experience. To control which cookies are set, click ‘Settings’. To learn more about cookies, how we use them on our website and how to change your cookie settings please view our cookie policy.

Manage cookie settings

Our use of cookies

You can learn more detailed information in our cookie policy.

Some cookies are essential, but non-essential cookies help us to improve the experience on our site by providing insights into how the site is being used. To maintain privacy management, this relies on cookie identifiers. Resetting or deleting your browser cookies will reset these preferences.

Essential cookies

These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website.

Analytics cookies

These cookies allow us to recognise and count the number of visitors to our website and to see how visitors move around our website when they are using it. This helps us to improve the way our website works.

Advertising cookies

These cookies allow us to tailor advertising to you based on your interests. If you do not accept these cookies, you will still see adverts, but these will be more generic.

Save and close