Company Engagement in Community-Based Water Resource Projects: Improving Water Security

Abstract

Companies have been increasing their focus on issues related to water availability and, more broadly, to water security. After focusing on reducing water use and/or increasing water efficiency in their operations, and then looking more broadly to understand their exposure to water‐related business risks, companies are beginning to look to their suppliers and their customers, as well as their local communities, to identify opportunities to create shared value. This article provides summaries of how several companies are engaging in community‐based water resource projects beyond their fence lines.