The world is facing a water crisis. According to the United Nations, more than two billion people lack access to safe drinking water, and by 2050, at least one in four people is likely to live in a country affected by chronic or recurring water shortages. To address this global challenge, the UN Global Compact launched the CEO Water Mandate, a public-private initiative to advance water stewardship and sustainable water management in business operations and supply chains.
The CEO Water Mandate was launched in 2007 and has since then garnered support from over 150 companies worldwide. As the world faces increasing water scarcity and pollution, the CEO Water Mandate provides a framework for businesses to contribute to sustainable water management
The UN Water Conference, scheduled for 22-24 March 2023, is expected to highlight the importance of sustainable water management practices and the need for increased collaboration among stakeholders. The conference will bring together experts, policymakers, and stakeholders from various sectors to discuss water-related challenges and potential solutions.
As part of the UN-Water Conference, the “Raising Our Ambitions for Water Resilience in 100 Basins by 2030” event, organised by the UN Global Compact, aims to increase the number of companies joining the CEO Water Mandate and promote collaboration among stakeholders to address water-related challenges in 100 basins by 2030. The event will focus on sharing best practices, building partnerships, and developing innovative solutions to tackle water-related challenges..
Companies that join the CEO Water Mandate can benefit in several ways. First, they can reduce their water usage and associated costs, leading to increased efficiency and profitability. Second, sustainable water management practices can enhance their reputation, attract customers and investors, and improve their social and environmental impact. Third, collaborating with stakeholders can lead to innovative solutions and new business opportunities.
To join the CEO Water Mandate, companies need to make a commitment to implementing sustainable water management practices, report on their progress annually and participate in stakeholder engagement activities. The CEO Water Mandate provides resources, guidance, and a platform for companies to share their experiences and best practices.
The CEO Water Mandate provides a framework for companies to contribute to sustainable water management and address water-related challenges. As the world faces increasing water scarcity and pollution, joining the CEO Water Mandate can benefit companies in several ways and promote collaboration among stakeholders to address water-related challenges. Companies should take advantage of the “Raising Our Ambitions for Water Resilience in 100 Basins by 2030” event and the upcoming UN Water Conference to increase their commitment to sustainable water management practices and contribute to a more sustainable future.
Join the UN Global Compact and learn how to be part of the global change.