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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.
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Understand Step 1: Understand basin water security Step 2: Identify high risk industries Step 3: Identify laggards within those industries 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
Design Step 4: Commit to fostering basin water security in the engagement policy Step 5: Develop the best-suited engagement strategy Step 6: Define meaningful
metrics and targets