Summary
This document is a comparative analysis report prepared by CDP Reporter Services, focusing on the public responses of companies to the 2023 Water Security disclosure request. It covers key themes such as Governance, Risks and Opportunities, Targets, and Scenario Analysis as outlined in CDP's Water Security questionnaire. The report emphasizes the importance of comprehensive water accounting and the necessity for companies to disclose their reliance on water from stressed areas. It also discusses the best practices for conducting water-related risk assessments, highlighting the need for companies to understand potential water-related risks and their financial impacts. The report encourages companies to disclose water-related opportunities that could benefit their business and emphasizes the significance of board-level oversight on water-related issues. Additionally, it details the importance of setting water targets at the corporate level to demonstrate commitment to water security and sustainable management practices.
