Sustainable Water Management Represents As Big A Risk As Carbon
Posted by: Daniel Stouffer / Category: Climate ChangeWho would want to be a risk management executive for a major company these days, as the job is getting far more difficult due to the high levels of environmental education shown by the world in general. Stakeholders really understand how constrained living is vital for the future and they are putting pressure on companies that they do business with to take up this mantle. Add to this the raft of new regulations and the ongoing potential for intrusive new legislation.
Risk analysts are called before corporate boardrooms to explain how the company should approach sustainable water management. This is a difficult problem to understand in the beginning, as we have, over the ages, considered water to be essentially a free resource. This is probably why we’re so bad at allocating real worth to its value, despite the fact that we rely on it for the production of almost everything.
Two significant issues impact sustainable water management. The world’s population will grow to more than 9 billion people by 2050 and this represents the most significant issue. By the time we get to this banner year, when global sustainability efforts are targeted, the human race will put huge demands on freshwater availability. By that time, global warming will mean that temperature changes reduce the amount of naturally distributed water, as a consequence of our unsustainable historical energy use.
Numerous factors have to be included within a sustainable water management plan. However, the total elimination of water within a process should not be considered, as this can often be even worse. Efficiency is the byword of sustainable water management and not limitation. Limitation can result in excessive energy use and a proliferation of solid waste generation.
Western societies look with some trepidation at the rise of countries like China, India and other emerging economies. While the world’s population is inexorably growing, populations in these developing countries are also finding a higher standard of living, which in itself will rapidly accelerate demand for sustainable water management by the companies within those countries.
Companies must think in global terms when they create a sustainable water management policy and really understand the pressure points within the product lifecycle. Reliance on supply chain organizations could be an issue, as these companies could be located within a completely different resource management environment. Levels of education rarely seen before will be called for as complex sustainability matters impact business strategy decisions.
Corporate sustainability reporting is not a top priority for the typical organization, with a majority of companies not including these reports within their annual revelations. If they do, they will almost certainly only refer to energy use and carbon emissions and not produce a sustainable water management plan, let alone reveal it.
As executives spend many a late evening trying to develop a sustainable water management plan, many are seeking software solutions that will allow them to put together all their efforts. They need to see how one particular sustainability initiative may impact, sometimes negatively, another, while allowing them to reveal the big picture and plan accordingly.
Daniel Stouffer has much more data about your sustainable water management and how a visit to www.verisae.com can benefit you.
