2012 Stockholm World Water Week
Stockholm World Water Week is one of the global events focused on water related issues of the private and public sectors. The event has been convened since 1991 by the Stockholm International Water Institute (SIWI). This year the theme was on “Water and Food Security” and was held from August 27th through the 31st (http://www.worldwaterweek.org/).
Deloitte was actively engaged in the event this year with the following presentations:
- CEO Water Mandate Water Action Hub – presentation of the results of our pro bono work with the CEO Water Mandate (and the Pacific Institute) and International Business Leaders Forum (IBLF) in developing an online tool to promote collaboration among stakeholders on water related issues (http://wateractionhub.org/).
- “Water Efficiency on the Food Supply Chain in Latin America and Caribbean Region”
- “Creating Shared Value - Testing a Model of Corporate Value Creation through a Water Lens to Address Water and Agriculture”
A few themes emerged from Stockholm World Water Week this year demonstrating the urgent need to address water scarcity and food security. And, fortunately, there was a feeling of progress on a few specific issues.
One was the need for “collective action” and the other was collaboration between food and beverage companies and their agricultural supply chain. Both of these issues reflect the reality that water is a shared resource and common good and solutions to address water scarcity requires collaboration among stakeholders.
This year the CEO Water Mandate released a document on “Guide to Water-Related Collective Action” and the release of the Water Action Hub. These two complementary releases are intended to facilitate collaboration among stakeholders to address water scarcity and clearly highlight that water is a shared resource among stakeholders – we “borrow” water for a period of time and must be a steward of this finite resource. The CEO Mandate Collective Action guidelines lay out a process for engaging with stakeholders and collaborating with them on a wide range of initiatives from water efficiency, conservation and public policy initiatives.
The Water Action Hub is designed to address a critical question in collective action, how can you systematically and efficiency identify stakeholders within a watershed interested in collaboration? The Water Action Hub is an online tool designed to readily identify and connect stakeholders interested in working together to address critical water issues.
The second theme is how multinational food and beverage companies are working together with their agricultural supply chains to address water scarcity and food security. This direct engagement with agricultural supply chains is “disruptive” in a positive way. Now global food and beverage companies are working with the agricultural sector to address water scarcity and food security.
Our involvement in this event has contributed to our eminence in addressing global water issues and connects us with our clients on this important issue. Important connections were made with current clients and new relationships were established.
Deloitte Consulting LLP
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