Practical guide on water engagement
The proposed ‘understand-design-act’ framework guides investors in the process of engaging investees on basin water security. It focuses on creating a positive impact through a comprehensive engagement approach. While all three stages build on one another, each stage can also be integrated within an existing engagement strategy in an isolated manner. As an investor with an existing water engagement strategy, investors may only want to deep dive into the more advanced ‘act’ stage. Investors just getting started on water engagement, however, may find it useful to go through all three stages.
Understand
Design
Step 1: Understand basin water security
Step 4: Commit to fostering basin water security in the engagement policy
Step 2: Identify high risk industries
Step 5: Develop the best-suited engagement strategy
Step 3: Identify laggards within those industries
Step 6: Define meaningful metrics and targets
Act Step 7: Engage with investees Step 8: Define priority basins with investees Step 9: Measure impact and integrate lessons learnt Step 10: Engage with investor networks
6 | Guide • Water Alignment
