Sustainable management of water is essential to business. In 2020, corporates reported water-related risks totalling $301 billion and said that the investment needed to mitigate those risks was only $55 billion.
This CDSB Framework application guidance for water-related disclosures offers companies a means of developing their reporting practices and ensuring that investors are receiving the material water-related information needed for effective capital allocation to drive the transition to a sustainable, resilient and water secure economy. Importantly, the Water Guidance helps businesses in integrating this information in their mainstream financial statements, making the links between environmental and financial performance.
The intended users of this guide are companies, particularly those responsible for financial, governance and sustainability reporting.