Total financial cost of water-related detrimental impacts

Unit

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: Currency

Indicator

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: Business exposure to nature risks and opportunities

Metric type

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: Pressure

Framework alignment notes

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CDP Water Security W2.1a Describe the water-related detrimental impacts experienced by your organization, your reponse, and the total financial impact.

Target example
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[Company name] will reduce the cost of water related detrimental impacts in [basin] by [target percentage]% by [target year], compared to a baseline of [baseline percentage]% in [baseline year].

Target source: WBCSD target template

Metric assessment

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Relevance: Low
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Feasibility: Low
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Additional Metric Notes
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ACT-D stage
Disclose

Maturity stage
Advancing

Metric Contribution to Action
Measuring these costs highlights the economic consequences of unsustainable practices and informs policy changes to mitigate future impacts.

Observations, Successes and Challenges

  • Internalizing external costs is difficult without standardized economic valuation methods.

Related actions

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Develop policies and practices for water stewardship

Develop policies and practices for water stewardship

Description