context-based water metrics: what makes them meaningful
TRANSCRIPT
MarkMcElroyCenterforSustainable
Organizations
@mwmce
PaulReigWorldResourcesInstitute
@Paul_Reig
RylanDobsonRylanDobsonConsulting
@rylan_dobson
StephanieBertelsEmbeddingProject
@sbertels
ElizaRobertsCeres
@elizabroberts
ValeriaOrozcoNestléWatersNorthAmerica
@NestleWatersNA
#H2OContext#NewMetrics
• WhatistheCorporateWaterGauge?• World’s1stcontext-basedwatermetric• CreatedbyCenterforSustainableOrganizations(CSO)in2008/2009
• Oneofthefirstcontext-basedmetricstoflowoutofthedevelopmentofContext-BasedSustainabilityatCSO
• Context-BasedSustainability• InspiredinpartbyGRI’sSustainabilityContextPrinciple• Animplementationofmultiplecapitalaccountingandintegratedreporting• Definesorganization-specificstandardsofperformanceforwhatimpactsonvitalcapitalswouldhavetobeinordertobesustainable
ABriefHistoryoftheCorporateWaterGauge
• Takesthegeneralformofallcontext-basedmetrics• S=A/N(actualimpactsovernormativeimpacts)
• Normativeallocationsofavailablerenewablesupplies(annualprecip.)arecalculatedasfollows:
1. Roughlyhalfislosttoevapotranspiration
2. Halfoftheremainderisallocatedtoecologicalfunctions
3. Allocationsforhumanpurposesarethenmade:- Alllocalhouseholdneedsaremetfirst
- Organizationalneedsmetlastbywayoffair,justandproportionateallocations
a.Economic(GDP)b.Percapitasizec.Outputbysector
HowtheCorporateWaterGaugeWorks
$- $1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
$10,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
InitiativeAUM(US$)
UnitedNationsPrinciplesforResponsibleInvestment
$70trillion
Carbon DisclosureProject
$100trillion
Ceres’InvestorNetworkonClimateRisk&Sustainability
$17trillion
Key sustainability-related investor initiatives:
Sources: Forum for Sustainable and Responsible Investment Global Sustainable Investment Alliance
In 2016, sustainable and responsible investment strategies applied to more than one out of every five dollars under professional management in the U.S.
U.S. Sustainable & Responsible Investing(in billions)
9%11% 12%
11%
18%
22%
InvestorscareaboutSustainabilityArapidincreasingshareofglobalassetsaremanagedwithESGissuesinmind
Datasources:AsYouSow,Ceres0 5 10 15 20 25
2011
2012
2013
2014
2015
2016
ClimateChange
Deforestation
HumanRights
WaterUse&Pollution
AnimalWelfare
GMOs
Other
ShareholderProposalsRelatedtoSupplychain(byyear)U.S.Food,Beverage&FoodRetailIndustries
PHYSICAL
REGULATORY
REPUTATIONAL
PHYSICAL
REGULATORY
REPUTATIONAL
GoalsGoals
Goals
BASIN OP.RESPONSE BASIN OP.RESPONSE
GoalsGoals
Goals