Building a credible water risk response: AWS’s Global Water Stewardship Program<br />©<br />© Brent Stirton / Getty Images...
Water Risks & Response<br />Risk Assessment <br />Physical Water Risk<br />Water quantity (scarcity / flooding) and qualit...
The Water Risk Landscape<br />
Water Stewardship: How AWS fits in<br />1) Awareness of Water Issues<br />6) Verification of Claims (including risk mitiga...
Responding to Water Risk<br />How to respond to risk?<br />Reporting? CDP? GRI?<br />Compliance? Lobby?<br />Transparency?...
How far do you need to go to appease your shareholders/stakeholders?<br />Lobbying for regulatory improvements (raising th...
Good or bad investment?<br />Compliance with credible voluntary standards will be the investment hurdle for natural resour...
What is the AWS doing?Establishing a credible risk response mechanism<br />GOVERNANCESYSTEM<br />VERIFICATION PROCESS<br /...
Who makes up the Alliance for Water Stewardship?<br />
Water Stewardship Standard?Initial thinking<br />Recognizes and rewards water users who take major steps to minimize the i...
Water Stewardship Standard? Initial thinking<br />Targeted Standard users: Agriculture, Industry, Water Service Providers<...
Focus for an International Water Stewardship Standard<br />Energy, Carbon, Food, Other?<br />Economic benefits:Efficiency ...
Timeline<br />Feedback:<br />OnlineMeetingsPiloting<br />
Conclusion<br />The Alliance for Water Stewardship is building a program (focused around a standard + existing efforts) to...
www.allianceforwaterstewardship.org<br />Alexis Morgan<br />alexis.morgan@wwfus.org <br />© Claude Renault<br />
AWS Regional Engagement: Local to Global<br />Events (e.g., presentations, seminars, etc.)<br />ISDC meetings (July +)<br ...
Stakeholder Engagement<br />Mechanism for stakeholder feedback to Secretariat<br />Mechanism for accounting for stakeholde...
Pilots: What is involved?<br />Context: Understand the basin, policies, and key challenges (including water supply and dem...
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Alexis Morgan, Alliance for Water Stewardship - Water & Risk

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Alexis Morgan, Alliance for Water Stewardship - Water & Risk

  1. 1. Building a credible water risk response: AWS’s Global Water Stewardship Program<br />©<br />© Brent Stirton / Getty Images / WWF-UK<br />© Kevin Schafer / WWF-Canon<br />© iStockphoto.com/bonniej<br />Alexis Morgan, Global Water Roundtable Coordinator<br />Alliance for Water Stewardship (AWS) / WWF-US<br />2nd Canadian Water Forum, Toronto<br />June 14, 2011<br />
  2. 2. Water Risks & Response<br />Risk Assessment <br />Physical Water Risk<br />Water quantity (scarcity / flooding) and quality (pollution)<br />Regulatory Water Risk<br />Imposition of restrictions on water use by government (pricing, licensing, rights, standards, etc.)<br />Reputational Water Risk<br />Company’s actions and its brand/image and the risk it faces from customer support/rejection<br />Risk Response (+ Opportunity)<br />
  3. 3. The Water Risk Landscape<br />
  4. 4. Water Stewardship: How AWS fits in<br />1) Awareness of Water Issues<br />6) Verification of Claims (including risk mitigation) to Stakeholders<br />Water Stewardship<br />2) Measure & Report Water Use<br />5) Water Stewardship Response<br />3) Measure Basin Status and Impacts<br />4) Determine Cumulative Corporate Water Risks<br />
  5. 5. Responding to Water Risk<br />How to respond to risk?<br />Reporting? CDP? GRI?<br />Compliance? Lobby?<br />Transparency? PR? Labels?<br />Action? Education?<br />Philanthropy? Verification?<br />Engagement? Certification?<br />Why respond to risk?<br />Investors<br />Government<br />Customers<br />Employees<br />Communities<br />NGOs<br />
  6. 6. How far do you need to go to appease your shareholders/stakeholders?<br />Lobbying for regulatory improvements (raising the bar)<br />“Beyond the fenceline” protection, management, restoration, collaborative optimization<br />“Fenceline” protection, management, restoration, technological solutions<br />Influence governance<br />Measurement, Analysis, Reporting / Disclosure<br />Education, understanding, anecdotal commenting, philanthropy<br />Stakeholder engagement<br />Level of watershed sustainability<br /> Internal action<br />Knowledge of impact<br />Water awareness<br />Time<br />
  7. 7. Good or bad investment?<br />Compliance with credible voluntary standards will be the investment hurdle for natural resources investments – with potential wider uptake by Equator Banks <br />HSBC on Soy and Palm Oil:<br />‘…we will not provide facilities and other forms of financial assistance in respect of commercial logging operations in: Primary Tropical Moist Forest, High Conservation Value Forest, Projects located in and which significantly degrade or convertCritical Natural Habitats’.<br />Nearly half of respondents of the ISEAL survey from the financial sector further specified that standards are used to screen investments.<br />Stakeholder engagement<br /> Internal action<br />Knowledge of impact<br />
  8. 8. What is the AWS doing?Establishing a credible risk response mechanism<br />GOVERNANCESYSTEM<br />VERIFICATION PROCESS<br /> Internal action<br />GLOBAL WATER STEWARDSHIP PROGRAM<br />Recognize and reward water users who take major steps to minimize the watershed impacts of their water use<br />Knowledge of impact<br />Stakeholder engagement<br />INTERNATIONAL STANDARD (PRINCIPLES & CRITERIA)<br />BRAND VALUE<br />Influence governance<br />
  9. 9. Who makes up the Alliance for Water Stewardship?<br />
  10. 10. Water Stewardship Standard?Initial thinking<br />Recognizes and rewards water users who take major steps to minimize the impacts of their water use (direct & indirect)<br />Applied at the facility and watershed level in a tiered performance approach<br />Developed via a multi-stakeholder process (“Water Roundtable”)<br />© Stephen Rudolph<br />© Anthony Asael<br />© Kevin Schafer / WWF-Canon<br />
  11. 11. Water Stewardship Standard? Initial thinking<br />Targeted Standard users: Agriculture, Industry, Water Service Providers<br />Builds upon other methods (e.g., water footprinting) and efforts (e.g., CEO WM, CDP), and endeavours for linkages with other standards (e.g., FSC)<br />Complements regulatory approach by strengthening institutional capacity<br />© Edward Parker / WWF-Canon<br />© Jorge BARTOLOME / WWF-Canon<br />© Edward Parker / WWF-Canon<br />
  12. 12. Focus for an International Water Stewardship Standard<br />Energy, Carbon, Food, Other?<br />Economic benefits:Efficiency gains, risk reduction +<br />Watershed-level targets<br />Social benefits:Access, governance, sanitation, health +<br />Improved water flow regime<br />Improved water quality<br />Equitable governance & social benefits<br />Environmental benefits:Water, habitat , species,+ <br />Protected high conservation value areas<br />
  13. 13. Timeline<br />Feedback:<br />OnlineMeetingsPiloting<br />
  14. 14. Conclusion<br />The Alliance for Water Stewardship is building a program (focused around a standard + existing efforts) to credibly reduce water risk<br />Provides a one-stop risk response mechanism <br />The standard will result in environmental, social and economic benefits at the facility and watershed levels<br />There are numerous ways to get involved and we encourage you to do so! <br />
  15. 15. www.allianceforwaterstewardship.org<br />Alexis Morgan<br />alexis.morgan@wwfus.org <br />© Claude Renault<br />
  16. 16. AWS Regional Engagement: Local to Global<br />Events (e.g., presentations, seminars, etc.)<br />ISDC meetings (July +)<br />Online Comments database<br />Stakeholder feedback meetings (Fall 2011 +)<br />+ Online individual feedback<br />IWSS Pilots (Fall 2011 +)<br />DOTS ARE EXEMPLARY ONLY<br />
  17. 17. Stakeholder Engagement<br />Mechanism for stakeholder feedback to Secretariat<br />Mechanism for accounting for stakeholder feedback<br />Mechanism for stakeholder engagement<br />Comments grouped into categories<br />Regional Meetings<br />Official Submission from Meetings (any format)<br />Water Roundtable Comment Database<br />Grouped comments responded to by ISDC<br />Regional Pilots<br />Official submission from Pilot (specific format)<br />Individual / Public Review<br />Online / written feedback <br />Responses posted online<br />Modifications to IWSS<br />
  18. 18. Pilots: What is involved?<br />Context: Understand the basin, policies, and key challenges (including water supply and demand)<br />Standard: Review/understand the standards being reviewed<br />Case study sites: evaluate water use, explore the costs, benefits, and outcomes of implementing the standard<br />Basin governance: explore mechanisms for improved basin stewardship (incl. habitat)<br />Report: Recommend improvements to the Standard via official feedback to AWS<br />

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