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Water Stewardship and Replenish Report - Psddev.com

Water Stewardship and Replenish Report - Psddev.com

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Managing <strong>Water</strong> Risk for<br />

Communities <strong>and</strong> Our Business<br />

Reliable access to sufficient quantities of water from sustainable<br />

water supplies is critical to <strong>com</strong>munities, nature, <strong>and</strong> business, but in<br />

many parts of the world, that access is under greater pressure than<br />

ever before. Both <strong>com</strong>prehensive <strong>and</strong> local water risk assessments<br />

have been instrumental in helping us underst<strong>and</strong> the global water<br />

challenges facing <strong>com</strong>munities <strong>and</strong> our business, <strong>and</strong> shape our<br />

water strategy.<br />

Source <strong>Water</strong> Protection<br />

Detailed Vulnerability Assessments<br />

Our <strong>Water</strong> Resource Sustainability St<strong>and</strong>ard requires every<br />

bottling plant to <strong>com</strong>plete a detailed source vulnerability<br />

assessment (SVA) that evaluates risks to water resources<br />

supplying their facility <strong>and</strong> surrounding <strong>com</strong>munities.<br />

Source <strong>Water</strong> Protection Planning<br />

Bottling plants must develop a locally relevant source<br />

water protection plan (SWPP) detailing the actions, roles,<br />

responsibilities, CWP projects, <strong>and</strong> funding to address<br />

challenges at the watershed level.<br />

Locally Relevant <strong>Water</strong> Resource Sustainability<br />

Source water protection is closely linked to our <strong>Replenish</strong><br />

<strong>com</strong>mitments, with CWP projects maintained in productive<br />

service to meet local <strong>com</strong>munity needs <strong>and</strong> manage risk.<br />

Helping to Protect Community <strong>Water</strong> Sources:<br />

A Coca-Cola Requirement<br />

Helping to protect <strong>com</strong>munity access to water supplies<br />

is required by Coca-Cola’s internal <strong>Water</strong> Resource<br />

Sustainability St<strong>and</strong>ard. Every facility within the Coca-Cola<br />

system must adhere to this St<strong>and</strong>ard, with <strong>com</strong>pliance<br />

verified through audits. Three sections of the St<strong>and</strong>ard<br />

address <strong>com</strong>munity water access.<br />

The Source Vulnerability Assessment must include a review of<br />

<strong>com</strong>munity water sources even if different from Coca-Cola’s<br />

sources. “If the facility’s source of process water is different<br />

than the local <strong>com</strong>munity’s source of water, then the<br />

facility must <strong>com</strong>plete a basic assessment of the<br />

sustainability of the <strong>com</strong>munity’s source of water.”<br />

The Source <strong>Water</strong> Protection Plan must include: “An<br />

evaluation to determine if the facility’s water use limits<br />

the availability <strong>and</strong> quality of water for the people<br />

in the local <strong>com</strong>munity. This requirement is designed to<br />

satisfy the Company policy toward taking a rights-based<br />

approach to water.”<br />

The Source <strong>Water</strong> Protection Plan must also detail: “Actions<br />

to mitigate any adverse effects the facility’s water use<br />

has on the availability <strong>and</strong> quality of water for the<br />

people in the local <strong>com</strong>munity <strong>and</strong> actions the facility<br />

will take, if any, to address the local <strong>com</strong>munity’s<br />

source water risks.”<br />

“Multi-stakeholder initiatives are of critical importance because most of<br />

the water risk <strong>com</strong>panies face exists outside the factory walls. Coca-Cola’s<br />

decision to donate their geospatial water risk data to Aqueduct is a unique—<br />

<strong>and</strong> extremely valuable—act of corporate social responsibility that reflects the<br />

Company’s <strong>com</strong>mitment to global water stewardship.”<br />

~ Charles Icel<strong>and</strong><br />

Senior Associate, World Resources Institute, Markets & Enterprise Program

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