Water Impact and Sustainability Evaluation Tool

This document is a technical report detailing the Water Impact and Sustainability Evaluation (WISE) tool developed by AXA XL Risk Consulting. The WISE tool is designed to assist corporate water users in understanding, evaluating, and managing water-related risks. It assesses risks across three main components: Physical, Regulatory, and Reputational, aggregating these into an overall site-operational risk score. The tool employs a bi-dimensional approach, considering both basin risks and site-specific operational risks. The report outlines the methodology of the WISE tool, including a preliminary desk analysis, an online survey for data collection, and a risk analysis phase that uses a customizable algorithm to calculate risk scores. Results are presented through an interactive dashboard, allowing users to analyze water risk exposure comprehensively. The document emphasizes the importance of effective water management programs and provides a structured framework for evaluating water risks in various operational contexts.