Michael Spencer - Water Stewardship Australia - Presentation UNAA Corporate Water Valuation Seminar 29.04.13

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Michael Spencer (Secretary, Water Stewardship Australia) - Presentation at the United Nations Association of Australia (Victorian Division) Corporate Sustainability Leadership Seminar ‘Corporate Water Valuation: Accounting for Risks and Impacts, Valuing Ecosystem Services’ held on Monday 29 April 2013, in partnership with National Australia Bank.

Held in support of the International Year of Water Cooperation, seminar addressed some of the challenges and opportunities associated with corporate water valuation, as well as local actions and global tools and initiatives in this area. It highlighted some examples of what Australian businesses are doing, alongside government and NGOs, to measure and manage their risks, impacts and dependencies on water.

Guest Speakers & Panelists included:
• Matt Kendall, General Manager, Planning and Evaluation Group, National Water Commission
• Rosemary Bissett, Head of Sustainability, Governance & Risk, Enterprise Risk, National Australia Bank
• Carl Obst, Editor, UN System of Environmental-Economic Accounting (SEEA)
• Jean-Michel Seillier, Regional Manager Victoria, Veolia Water
• Gioia Small, Regional Manager Sustainability and Vintrepreneur, Treasury Wine Estates
• Michael Spencer, Secretary, Water Stewardship Australia and Fellow, Department of Business, Law and Taxation, Monash University

Facilitator:
• Rob Gell, Environmental Entrepreneur, Chairman of UNESCO Western Port Biosphere, and Chair of Wildlife Victoria

More information available at: http://www.unaavictoria.org.au/education-advocacy/masterclasses/corporate-water-valuation-seminar/

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Michael Spencer - Water Stewardship Australia - Presentation UNAA Corporate Water Valuation Seminar 29.04.13

  1. 1. Water stewardship:“water use that is socially equitable,environmentally sustainable andeconomically beneficial achieved througha stakeholder-inclusive process ”
  2. 2. Today’s presentationWater and natural capitalWater Stewardship, a pro-active tool for major water usersImplementing a water stewardship approach26/04/2013 3
  3. 3. Natural Capital – what, why26/04/2013 4
  4. 4. Rundown of assets transfers wealth26/04/2013 5PUBLIC - PRIVATEINTERGENERATIONAL
  5. 5. Strategies to arrest decline in natural capital26/04/2013 6INTERNATIONALNATIONALVOLUNTARYACCOUNTABILITY TRANSACTION PROACTIVE
  6. 6. Where does a stewardship system fit inStandard-SettingVerificationTraceabilityCapacity BuildingOrganisationsStakeholdersStandard-SetterAccreditation BodyCertification BodyTraceability SystemLabelProducer/EnterpriseManufacturer RetailerConsumerCapacity BuildingCommunications
  7. 7. Water and the decline of natural capital26/04/2013 8IMPACTS INFLUENCES ACTIONSHUMAN HEALTHECOSYSTEMS &BIODIVERSITYSOCIAL &CULTURAL LIFEECONOMICACTIVITYCATCHMENTGOVERNANCEIMPORTANTSITES & VALUESWATER QUALITYWATER FLOWREGIMEGOVERNANCEENGAGEMENTMANAGEMENT OFSITES & VALUESMANAGEMENT OFWATER QUALITYMANAGEMENT OFFLOW REGIME
  8. 8. AWS Standard: a guide to action1. GOVERNANCE 2. BALANCE3. QUALITY 4. IWRAs9
  9. 9. Water stewardship can tie programs togetherStep 1: COMMITStep 2:GATHER &PROCESSStep 3: PLANStep 4: IMPLEMENTStep 5: EVALUATEStep 6:COMMUNICATE &DISCLOSE10
  10. 10. A) Company commits to water stewardship (or is generally engaged in stewardshipDRIVING AWS UPTAKE FROM A CORPORATE PERSPECTIVE
  11. 11. A) Company commits to water stewardship (or is generally engaged in stewardshipB) Company identifies water use (footprint) in its supply chain and/or operationsDRIVING AWS UPTAKE FROM A CORPORATE PERSPECTIVE
  12. 12. A) Company commits to water stewardship (or is generally engaged in stewardshipB) Company identifies water use (footprint) in its supply chain and/or operationsC) Company identifies water risk exposureDRIVING AWS UPTAKE FROM A CORPORATE PERSPECTIVE
  13. 13. A) Company commits to water stewardship (or is generally engaged in stewardshipB) Company identifies water use (footprint) in its supply chain and/or operationsC) Company identifies water risk exposureD) Company encourages/requires AWS application at sites/supply chainDRIVING AWS UPTAKE FROM A CORPORATE PERSPECTIVE
  14. 14. BENEFITS of AWS Standard:• STRONGER BRAND: Stewardship claims and reputational/brand benef• LOWER WATER RISK: Evidence to investors/critical parties; supply cha• GREATER SAVINGS: Site-level benefits (costs, productivity, etc.)DRIVING AWS UPTAKE FROM A CORPORATE PERSPECTIVE
  15. 15. DRIVING AWS FROM A SITE & CATCHMENT PERSPECTIVEImplement AWSStandard:A)Site commits to waterstewardship (or isgenerally engaged instewardship)B) Site understands wateruse and risksC)Site plans and links tocatchment plansD)Site implements actions(individual & shared)E) Site evaluates effortsF) Site communicates anddiscloses
  16. 16. MULTILATERAL AGENCIESFINANCIAL INSTITUTIONSSOLUTIONS PROVIDERSSCALED CATCHMENT LEVELCOLLECTIVE ACTION& SHARED RISK MITIGATION
  17. 17. Goulburn Broken Field Trial26/04/2013 202.4m ha (6m acres)2% of Basin land area11% of Basin water
  18. 18. Scope Field Trial26/04/2013 21TaturaMilkFactorySample of ± 300suppliers
  19. 19. Emerging customer pressureContinuousimprovementAgrochemicalsand fuelsSoilsBiodiversityWasteEnergy and GreenhousegasesSocial and humancapitalValue chain andlocal economyAnimal welfareClick on links formoreTrainingWater
  20. 20. Dairy Self Assessment Tool (DairySAT)26/04/2013 23Dairy Industry tool for farmer self assessment• Effluent management• Irrigation• Nutrients• Soils• Chemicals• Farm Waste• Pests and Weeds• Biodiversity• Air and Energy
  21. 21. RevisedCatchmentStrategy26/04/2013 24
  22. 22. Engaging farmers (Indirect water use)26/04/2013 25• Weight of existing compliance costs significant issue for farmers• Complaint about too many standards and requirements• Must work with existing tools/standards/systems• Must simplify and minimise costs(Source: MDBA)
  23. 23. 26/04/2013 26Farmer A Farmer D Farmer EFarmer B Farmer CWATERMilk FactoryExtension ServicesCatchment Plan (s) Industry BMPsCustomer Sustainability Requirements
  24. 24. 26/04/2013 27Farmer A Farmer D Farmer EFarmer B Farmer CWATERMilk FactoryExtension ServicesCatchment Plan (s) Industry BMPsCustomer Sustainability RequirementsWater Stewardship StandardQuantity ✔Quality ✔Special sites ✔Governance ✔Infrastructure ✔Multi-stakeholderRespectedCredible verificationAchievableISEAL CompliantAccredited multi-stakeholder processFits waterstewardshipframeworkAccredited compliancewith WSS standard
  25. 25. 26/04/2013Farmer A Farmer D Farmer EFarmer B Farmer CWATERMilk FactoryExtension ServicesCatchment Plan (s) Industry BMPsCustomer Sustainability RequirementsWater Stewardship StandardQuantity ✔Quality ✔Special sites ✔Governance ✔Infrastructure ✔Multi-stakeholderRespectedCredible verificationAchievableISEAL CompliantAccredited multi-stakeholder processFits water stewardshipframeworkAccredited compliancewith WSS standardGroup Manager formilk suppliersFarm ManagementPlansCommon practicesacross group that canbe audited on samplebasisMonitoring againstfarm plan forcompliance with WSSand other industryrequirements
  26. 26. Reference Group CommentsGBCMA“the Standard could haveconsiderable natural resourcemanagement (NRM) benefitsfor the region”Dairy Australia“… inform the development oftargets and action plans inthe industry’s sustainabilityframework and self-assessment tool”26/04/2013 29
  27. 27. 26/04/2013 30Michael SpencerE-mail: michael@waterstewardship.org.auTel: 0439 381144www.allianceforwaterstewardship.orgwww.waterstewardship.org.auThank-you

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