This document discusses how corporate stewardship of water resources is driving innovation. It notes that 573 investor signatories representing $63 trillion in assets submitted information requests about water risk to CDP. Companies that disclose information about measuring and addressing water-related risks through CDP's questionnaire signal to investors that they are responsibly managing freshwater use. The document provides examples of companies innovating in water management, such as BHP Billiton investing $2 billion in a desalination plant and Bayer Crop Sciences developing drought-resistant plant strains.
6. {{
We praise companies that publicly disclose information via CDP. Water scarcity is a priority issue for
ICCR, and companies that respond to CDP’s water questionnaire signal to our investor coalition, which
represents over US$100 billion in assets under management, that they are strategically measuring and
addressing water related risks. CDP’s water questionnaire provides investors with access to material
data, consistently reported, on assessment and actions that lead to more responsible use of
freshwater resources.
www.cdp.net | @CDP
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- ICCR (Interfaith Center on Corporate Responsibility)
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8. {{
Being a responsible water user is an opportunity for us – it helps build
stronger relationships with local communities and governments and
enhances our social license to operate: being responsible makes it
easier for us to do business
www.cdp.net | @CDP
{{
-Anglo American
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9. Barrick Gold suspends
construction on its Pascua-Lama
mine project – after investing
US$5 billion – over concerns
about local groundwater pollution.
www.cdp.net | @CDP
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10. Rio Tinto has walked away
from the Pebble Mine project in
Alaska, in the face of growing
concerns about its effect on
salmon fisheries.
www.cdp.net | @CDP
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11. BHP Billiton invested US$2
billion in a desalination plant in
Chile to ensure adequate water
for its mining operations in the
Atacama desert.
www.cdp.net | @CDP
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12. Ecolab invested $188 million in
sustainability R&D. Ecolab’s
market growth opportunity
represents approximately an
$88 billion market.
www.cdp.net | @CDP
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13. Bayer Crop Sciences is
developing plant strains that
can thrive in water-stressed
areas and is promoting efficient
irrigation techniques.
www.cdp.net | @CDP
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14. Chemicals giant BASF
estimates that water saving,
recycling, reuse and drinking
water treatment products offer
the company potential sales
of US$1 million up to 2020.
www.cdp.net | @CDP
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