New Delhi, April 14, 2011 – The WBCSD's Global Water Tool, which has been used by more than 300 companies internationally since its 2007 launch, will be adapted by TERI-BCSD India for the Indian market. The announcement was made at the India Water Forum in New Delhi last week.
The WBCSD's Global Water Tool is an easy-to-use tool for companies and organizations to map their water use and assess risks relative to their global operations and supply chains. In a country facing significant challenges with declining per capita water availability and an increasing demand for water, the creation of a tailored Indian Water Tool will help support national businesses. By gaining a deeper understanding of water sensitivities and availability, as well as getting information on potential water risks, the tool will assist in paving the way for potential watershed-level dialogues that could help promote collective action on shared water risks within different river basins in India.
Caroline Twigg, WBCSD India Coordinator, said:
“Industry in India will be operating more and more in the context of increasing water demand, declining water availability, and exacerbated risks from climate change. Practical tools to help companies understand how these trends affect their business will become critical to ensuring good water management. The WBCSD is pleased to see national customization of the Global Water Tool for such purposes.”
Hariprasad Hegde, VP and Business Head, Wipro Water, who was present for the announcement, said:
”We are operating in an environment of water shortage, which will soon reach a level of water scarcity. A paradigm shift is taking place and solutions like the Global Water Tool as well as government policies can help solve this at the operational level. A water audit is important as it not only helps in strategizing but demands achievable operational improvement.”