Accountancy firm Deloitte is providing pro bono services to help develop a public online tool for corporate water accounting. The tool allows companies to more easily identify and collaborate with businesses, relevant governments, NGO and communities to advance sustainable water management, a Deloitte press release said.
Deloitte is collaborating with the International Business Leaders Forum (IBLF), the Pacific Institute and the German International Development Agency (GIZ) in developing the CEO Water Mandate (which is part of the United Nations Global Compact) Water Action Hub.
Deloitte’s contribution to IBLF, valued at up to $ 500,000, will allow organizations to access a publicly available online water-focused capacity building platform that can serve as a clearinghouse for emerging corporate water accounting methods, tools, and stewardship practices.
The Water Action Hub will have a mapping function that visually places each facility and/or organization with their activities within watershed maps.
Published on: 24/10/2011
Accountancy firm Deloitte is providing pro bono services to help develop a public online tool for corporate water accounting. The tool allows companies to more easily identify and collaborate with businesses, relevant governments, NGO and communities to advance sustainable water management, a Deloitte press release said.
Deloitte is collaborating with the International Business Leaders Forum (IBLF), the Pacific Institute and the German International Development Agency (GIZ) in developing the CEO Water Mandate (which is part of the United Nations Global Compact) Water Action Hub.
Deloitte’s contribution to IBLF, valued at up to $ 500,000, will allow organizations to access a publicly available online water-focused capacity building platform that can serve as a clearinghouse for emerging corporate water accounting methods, tools, and stewardship practices.
The Water Action Hub will have a mapping function that visually places each facility and/or organization with their activities within watershed maps.
Watershed maps are designed to allow companies to build upon their use of other online analytical mapping and water risk characterization tools such as the World Business Council for Sustainable Development’s (WBCSD’s) Global Water Tool and the World Resource Institute’s (WRI) Aqueduct project.
The CEO Water Mandate is a United Nations' public-private initiative "designed to assist companies in the development, implementation and disclosure of water sustainability policies and practices". Anti-privatisation and environmental groups remain highly critical of this initiative. The Sierra Club and the Polaris Institute accuse the CEO Water Mandate of "exerting undemocratic corporate control over water resources under the banner of the United Nations". In May 2011 a group of global civil society groups led by Corporate Accountability International called on the United Nations to withdraw its support for the CEO Water Mandate. In the sidelines of the 2010 World Economic Forum, the Berne Declaration (BD) and Greenpeace awarded bestowed the newly-created Greenwash Award on the CEO Water Mandate.
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Source: Deloitte, 26 Sep 2011
