While 70 percent of the Earth’s surface is covered by water, only 2.6 percent of it is usable freshwater and 884 million people do not have access to a safe drinking water source. Corporations have a critically important role to play in addressing the freshwater crisis as their agricultural and industrial consumption increases. Presently agricultural and industrial water use account for 70 and 22 percent of total water use respectively. Good water stewardship requires responsible planning for resources and ensures the right to water for current and future generations. Recognizing the impact of industry on the planet’s limited water resources and helping companies develop sustainable water practices are a strategic priority for ICCR members.
Featured ICCR Initiatives
ICCR members continue to focus on corporate water stewardship in high-impact sectors including food and agri-business, energy production, automotive, mining, apparel and chemical companies. In these dialogues we urge corporations to measure and report on their water consumption and impacts, including water contamination and risks to affected communities, and seek to embed sustainability in corporate water policies and global supply chains.
Energy Exploration: A Thirsty Business. The energy industry, in particular the extractives sector, is a water-intense business.