As an agency focused on sustainability, we understand its long-term importance for corporations. The way companies manage their environmental footprint can have far-reaching consequences, not only on their bottom line but also on local communities and the world.

Sustainability encompasses numerous issues, from climate change to biodiversity, we are going to explore one aspect: Water efficiency. Recent storms have alleviated drought conditions in much of California, but areas all over the world face water scarcity making it critical for companies to understand their water use and the impact it has on the planet.
Water efficiency can reduce risks

Reducing water consumption is not only the right thing to do, but it also makes good business sense. Companies that manage their water use effectively can save money, increase their operational efficiency, and mitigate risks associated with water scarcity such as:

• Operational Risks: A limited water supply can interrupt production processes or irrigation. In extreme cases, companies may be forced to shut down entirely.
• Reputational Risks: Companies that are seen as contributing to water scarcity, such as through excessive water consumption or pollution, may face negative publicity, public backlash, and damage to their brand’s reputation.
• Regulatory Risks: Water scarcity can lead to increased regulation, such as restrictions on water use, which can impact a company’s operations and profitability.
• Supply Chain Risks: The availability and price of inputs can be impacted by water scarcity, resulting in operational disruptions and increased costs.

Furthermore, reducing water use can enhance a company’s reputation and social license to operate, contributing to its overall ESG performance.

Including water in sustainability efforts

There is a multitude of ways to minimize your company’s risks and environmental impact when it comes to the world’s most precious resource. For example:

• Implement water-efficient technologies and practices: This includes measures such as water-efficient irrigation, using recycled water, and minimizing water waste.
• Monitor and report water use and quality: By tracking these metrics, businesses can identify areas for improvement and demonstrate their commitment to water stewardship.
• Communicate about water efficiency: Companies can engage with stakeholders, including local communities, water authorities, and NGOs, to understand local water-related risks and opportunities and to develop solutions collaboratively. You can learn more about the role communication plays in this here.
• Set reduction targets: Establish realistic, impactful goals for reducing water waste and regularly report progress
• Support water stewardship programs: Companies can invest in programs that support sustainable water management, such as watershed restoration, water conservation, and educational initiatives

We know the world of sustainability is complex and our experts are ready to help you navigate it. From strategic planning and goal setting to stakeholder engagement and comprehensive reporting – we are capable of supporting your internal teams every step of the way.

Let’s talk about your company’s goals – click here to schedule a one-on-one consultation or send an email or service@artemia.com.