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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Advancing <strong>Water</strong> <strong>Stewardship</strong><br />
Science <strong>and</strong> Innovation<br />
We continue implementing an increasingly holistic approach to water stewardship, recognizing that water must be considered<br />
in the broader political, social, <strong>and</strong> ecological context. At the same time, the art <strong>and</strong> science of water conservation are evolving<br />
as water resources experts in academia, NGOs, business, <strong>and</strong> government join forces to underst<strong>and</strong> <strong>and</strong> devise solutions to the<br />
world’s most pressing water issues. This collective effort has given rise to a number of promising areas of study <strong>and</strong> exploration.<br />
<strong>Water</strong> Funds<br />
We are excited about the use of water funds to encourage upstream <strong>com</strong>munities to practice conservation <strong>and</strong> effective<br />
watershed management by providing an ongoing source of funding. Through The Nature Conservancy, Inter-American<br />
Development Bank, <strong>and</strong> our bottling partner FEMSA, we are already doing this in Latin America (see page 24), <strong>and</strong> hope to<br />
exp<strong>and</strong> the practice to other parts of the world.<br />
<strong>Water</strong> Footprints<br />
As a founding partner of the <strong>Water</strong> Footprint Network, we are continuing our work in water footprint assessments, an emerging<br />
science. To date, we have conducted focused studies on the blue, green, <strong>and</strong> grey water footprints of sugar beets, orange juice,<br />
<strong>and</strong> Coca-Cola ® to help us pinpoint potential sustainability impacts in specific watersheds. Notably, in late 2010, Coca-Cola<br />
Europe published a summary report on its assessment of the water footprint of sugar use in Europe, 80% of which is derived<br />
from locally grown beets. Continued in 2011, this work underscored the importance of linking the footprint to the potential<br />
impacts of water used, not solely to its quantity. This breakthrough has changed the prioritization of our assessments to focus on<br />
the impact of water use more than the water use itself. As part of this process, Coca-Cola Europe has proposed a methodology<br />
for water footprint sustainability assessments, <strong>and</strong> we are contributing our key learnings to the global dialogue. To read the<br />
report, please visit thecoca-cola<strong>com</strong>pany.<strong>com</strong>/citizenship/<strong>com</strong>munity_initiatives.html.<br />
Corporate <strong>Water</strong> Risk Management<br />
Globally, we have deployed a unique water risk decision support system worldwide with over 800 manufacturing plants. In<br />
addition, as noted earlier, we have shared with the Aqueduct Alliance our extensive body of water risk data <strong>and</strong> geospatial<br />
models for analyzing water stress, quality, socioeconomic factors, as well as potential impacts from economic development <strong>and</strong><br />
climate <strong>and</strong> population changes. Although we once considered this information proprietary, we now believe its ability to support<br />
global, strategic decision-making around global water supplies makes it extremely valuable to others as well.<br />
Thought Leadership <strong>and</strong> education<br />
Our in-house water experts regularly speak about water issues <strong>and</strong> best practices in water management, addressing national<br />
<strong>and</strong> global water conferences, elected officials, colleges <strong>and</strong> universities, schools, <strong>and</strong> <strong>com</strong>munity groups. Many of them also<br />
serve on the boards <strong>and</strong> <strong>com</strong>mittees of international water organizations. In addition, The Coca-Cola Company is engaged with<br />
several industry <strong>and</strong> business forums to address <strong>and</strong> raise awareness of global water challenges. One of the first <strong>com</strong>panies to