Water Futures Mobilizing Multi Stakeholder Action for Resilience 2025

Page 25 of 50 · WEF_Water_Futures_Mobilizing_Multi_Stakeholder_Action_for_Resilience_2025.pdf

Existing tools and frameworks that could support Pathway #3 TABLE 3 Name Description Volumetric Water Benefit Accounting (VWBA)A standardized methodology and set of indicators that helps calculate and communicate the volumetric water benefits of corporate water stewardship activities. VWBA has been adopted by several companies to meet their corporate or site water replenishment targets, including, among others, Meta, Microsoft, Cargil, Coca Cola. International Water Management Institute (IWMI): Data & ToolsIWMI has published a rich set of databases that help explain the status of freshwater ecosystems and climate water phenomena (e.g. droughts, floods) that can be used to guide basin-level action. Water Footprint Network: The Water Footprint Assessment ManualThis manual provides a standardized methodology for measuring and analysing water consumption and pollution across industries, products and regions. It helps businesses, policy-makers and organizations to assess the environmental impacts of their water use and to improve water management strategies. Water Footprint Network: The Water Footprint Assessment ToolThis tool offers a practical, interactive platform to apply the methodology for calculating and mapping a company’s water footprint, assess its sustainability, and identify strategic actions to improve the sustainability, efficiency and equitability of water use. International Organization for Standardization: ISO StandardsThe ISO has published over 550 standards related to water, tackling issues such as service management of drinking and wastewater systems, water supply during crisis situations, irrigation, quality and conservation (e.g. hydrometry, quality sampling, water footprint) and infrastructure (e.g. pipes, valves, metering). UN Global Compact, CEO Water Mandate: Water Action Hub Water Stewardship Toolbox Water Resilience Coalition (WRC)These platforms offer digital resources that support water stewardship (including a library of best practice) and help organizations find partners for water stewardship projects at the basin level. The toolbox centralizes access to tools, guidance, case studies and datasets. WRC provides, among other things, a global list of priority basins for collective action. Ecolab: Smart Water NavigatorAn online tool helping organizations optimize water use to increase business resilience. Companies can use the tool to build a strategic water management plan to safeguard growth in any water basin. Inspiring examples of collaborative action Danube Partnership – collective action at the basin-level to address watershed health, a collaboration between WWF and the Coca- Cola Foundation.Partnerships between PepsiCo and multiple stakeholders to deliver on water stewardship ambitions.Water Resilience Coalition (WRC) – partnership and financing to advance water action from businesses at the basin level. California Water Resilience Initiative – private sector- led initiative to accelerate collective action to achieve water resiliency for California.See Appendix for these case studies. 25 Water Futures: Mobilizing Multi-Stakeholder Action for Resilience
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