Water Use: Opportunities and Risks
Production losses, restrictive legislation, reputational damage or lengthy legal battles – these are just a few of the possible negative consequences that may arise from a lack of effective corporate water management, many of which could result in significant financial losses. With a professional water risk analysis from First Climate, you can recognize and circumvent these risks, thus securing successful long-term operations.
Analysis Helps to Avoid Risks
Determining potential water risks is a complex process, because:
- Water may be an important resource (e.g. drinking water) as well as a potential pollutant (e.g. wastewater). Any risk assessment therefore involves both the question of the quantity and the quality of water in a given location.
- Water as a resource is never exclusive – the consumption or pollution of existing water resources always affects other users.
- Water must always be considered in a local context – a high level of consumption, which can be problematic in areas with water scarcity, may be largely harmless elsewhere.
Based on the results of the water footprint calculation, we support you to define the system boundaries for the analysis and identify potential risks. In addition, we can help you evaluate and use various recognized water risk tools including the Water Risk Filter, the Aqueduct-Tool or the Global Water Tool, which can adapt to reflect your individual business situation before conducting a deeper analysis.