This metric covers Sustainable Development Goal 6 of the United Nations’ 17 Sustainable Development Goals. Goal 6 aims to ensure availability and sustainable management of water and sanitation for all. Water scarcity and pollution create business risk through scarcity and flooding, water quality affected by pollution, reputational risk, and regulatory risk. Current estimates predict a 40% global shortfall in water supply by 2030, and businesses are recognizing that continuing to manage water the same way will place $63 trillion worth of business at risk – or 1.5 times today’s global economy. Water stewardship helps companies identify and manage water-related business risks and enable more sustainable management of shared freshwater resources. Protecting water resources and ensuring sanitation for all also reduces operational costs, protects the company from water stress; and improves the company’s image in the eyes of consumers, investors, and nearby communities. Improvement in clean and accessible water will positively impact food security, livelihood choices and educational opportunities for poor families across the world.
Go to the Half-Billion Dollars Challenge page of the Global Sourcing Council website. Using the dynamic GSC Half-Billion Challenge Progress Barometer you can view a list of companies that have taken the pledge.
Click on the tab “All Pledges” to see the total financial capacity that has been pledged to the SDGs in the Half-Billion Dollars Challenge.
Click on the tab “By SDG” to view the breakdown of financial capacity that has been pledged to each SDG.
Click on the tab ‘By Organization’ to view the list of organizations that have taken the pledge.
Select the company you are to research from the list. Then, using the drop-down arrow you can determine how much the company in question has pledged to advancing SDG 6.
For further research the Global Sourcing Council suggests reviewing the following additional resources:
Global Sourcing Council
Corporate Social Responsibility Report
CSO Statements or Reports
Investigative Reports, Surveys, Articles, etc.