Water: increasingly important for investors

  • More than 600 investors demand information on corporate water management before ​30 June
  • 44 companies with operations in Spain have responded to the CDP Water last year
  • The true value of water is not measured by its direct cost, rather by its risks

Madrid, 17 MarchSUST4IN, the experts on sustainability, have organized yesterday a working breakfast about the CDP Water, the main information programme on water management worldwide. The breakfast has had several Spanish companies already participating in the programme.

Just as the Climate Change CDP, the CDP Water programme starts to be a routine requirement for more than 1500 companies worldwide, 44 of them with operations in Spain. More than 600 investors, who are already part of CDP Water, are the main interested segment in the information provided, which may also be useful for internal decisions and other purposes, as most of the answers are made public.
 
The purpose of the breakfast has been to share experiences and seek common solutions about the CDP Water 2016, which has to to be answered before 30 June. Marcio Viegas, Managing Director of SUST4IN, has made the introduction commenting that “the true value of water is an equation that adds business continuity, license to operate and brand value, but not the direct cost of water, which is very low”.

“Answering the CDP Water demand a large investment of resources, but it helps us understand and improve our” has said Sonia Angulo Moreno, Head of Corporate Quality and the Environment at OHL.

Marta González Alcalde, Head of Control and Environmental Management at Gas Natural Fenosa, has emphasized, coinciding with other participants, that “the next challenge is the supply chain and we are already working on it.”


Meanwhile, Nerea de la Corte, Head of Environmental Management at Endesa, which participate in the CDP Water since 2010, has explained that the criteria are becoming more stringent and has agreed that “the proper management of water improves resilience and investors value it. “

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SUST4IN apoya:

Caring for Climate
Inclusive Capitalism with the Vatican
Grupo Español de Crecimiento Verde
New Plastics Global Commitment
SASB CONSULTANT CONTENT PROGRAM
GREEN BOND PRINCIPLES
SOCIAL BOND PRINCIPLES
Sustainable Development Goals