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Full Description
In the face of climate change and socially responsible investment principles, the metrics for driving and managing sustainability will create major data and reporting challenges for most organisations.Water is the most precious of raw materials for industry. Its foot printing and accounting alone create challenges for science and business, with different methodologies used by different sources. Current methods of meeting this challenge appear to undermine water management, and they certainly don't help from an investment management perspective.There are potentially huge data volumes from different sources in the world, in different formats. Measures are taken at different cycles/ frequencies, and models used are likely based on different assumptions. So the data management challenge is not light, nor is it simple to recycle that data back in an intelligent manner to policymakers and to the businesses concerned with water management and water risk management. This problem is compounded by the uncertainties in the models used for climate change, and the impact that some predictions of climate change will have on water.This book will be about these issues, and will pull together work being carried out by academia and business to address the challenges, highlighting promising developments. Water, Climate Change and Sustainability will address the needs of, and trends facing, several industry sectors, with a regular reference to the finance sector
Contents
Introduction; Current Practices in Accounting for Water; Current Practices in Water Risk Assessment; Water and the World's Economies Given Climate Change Scenarios - A Macroeconomic Analysis (Key Nations and States, and Their Water Needs and Challenges); Water and the World's Economies Given Climate Change Scenarios - A Microeconomic Analysis (Companies and Industry Sectors Affected, and How This Affects Industry Growth and Investment Portfolios); The Role of Environmental Social and Governance (ESG) and Socially Responsible Investing (SRI) Principles; Future Needs for Better Accounting for Water; Future Needs for Better Water Risk Assessment.
