Water Stewardship and Replenish Report - Psddev.com
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