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Multi-level Cooperation: The focus of last month's World Water Week was on cooperation & partnerships. With that in mind, this month we took a look at "water cooperation" at a corporate level, within a sector and across international borders. Are corporates & governments doing enough? Despite recognition of the material impact of water risks in certain sectors, there  is no universally agreed definition of water stewardship, leaving companies unsure of what it is and what to do. Whilst WWF's Stuart Orr walks us through why companies should manage multi-faceted water risks, Fran Hughes of the International Tourism Partnership discusses the results of a recent study conducted by SIWI on the risks exposure of hotels located in Shanghai, Beijing, UAE & India and argues why water management strategies within the hotel industry must move beyond water use. Basically, companies can do much more. It seems investors would benefit too: the newly launched 'Global Compact 100', a stock index of companies committed to the 10 principles of the UN Global Compact beat the FTSE All World benchmark by over 25%. A fluke? PwC Partner, Gayle Donohue discusses research which shows that investors value fuller disclosure. Perhaps it's time to consider Integrated Reporting... Jonathan Labrey of the International Integrated Reporting Council gives us the lowdown. On to government ... MEP admitted that the "current water situation is still grim" and four provinces set aside RMB22 billion to clean up their rivers and lakes. Ningxia and Anhui are launching pilot initiatives, whilst Beijing continues to lead the way with a detailed groundwater prevention plan. Not surprising as 40% of the public surveyed now view water pollution as a "very big problem" compared to 33% in 2012. Li Keqiang himself "launched" the approval of the Draft Urban Drainage & Sewage Treatment Regulations. Given the flurry of activity within China, are China's neighbours also focused on water? With over 70% of water sourced from mainland China, Dr Frederick Lee of Hong Kong University argues that it is time HK resets its water agenda & goals through proper water pricing, whilst Professor Wouters, Director of the UNESCO Centre for Water Law & the China International Water Law Centre of  Xiamen University gives us her views on China's 'soft path' to transboundary water. Looks like more cooperation is required all around, please!
   
October Newsletter
 
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Multi-level Cooperation: The focus of last month's World Water Week was on cooperation & partnerships. With that in mind, this month we took a look at "water cooperation" at a corporate level, within a sector and across international borders. Are corporates & governments doing enough?  

Despite recognition of the material impact of water risks in certain sectors, there  is no universally agreed definition of water stewardship, leaving companies unsure of what it is and what to do. Whilst WWF's Stuart Orr walks us through why companies should manage multi-faceted water risks, Fran Hughes of the International Tourism Partnership discusses the results of a recent study conducted by SIWI on the risks exposure of hotels located in Shanghai, Beijing, UAE & India and argues why 
water management strategies within the hotel industry must move beyond water use. Basically, companies can do much more.

It seems investors would benefit too: the newly launched 'Global Compact 100', a stock index of companies committed to the 10 principles of the UN Global Compact beat the FTSE All World benchmark by over 25%. A fluke? PwC Partner, Gayle Donohue discusses research which shows that investors value fuller disclosure. Perhaps it's time to consider Integrated Reporting... Jonathan Labrey of the International Integrated Reporting Council gives us the lowdown. 

On to government ... MEP admitted that the "current water situation is still grim" and four provinces set aside RMB22 billion to clean up their rivers and lakes. Ningxia and Anhui are launching pilot initiatives, whilst Beijing continues to lead the way with a detailed groundwater prevention plan. Not surprising as 40% of the public surveyed now view water pollution as a "very big problem" compared to 33% in 2012. Li Keqiang himself "launched" the approval of the Draft Urban Drainage & Sewage Treatment Regulations. Given the flurry of activity within China, are China's neighbours also focused on water?

With over 70% of water sourced from mainland China,
Dr Frederick Lee of Hong Kong University argues that it is time HK resets its water agenda & goals through proper water pricing, whilst Professor Wouters, Director of the UNESCO Centre for Water Law & the China International Water Law Centre of  Xiamen University gives us her views on China's 'soft path' to transboundary water.

Looks like more cooperation is required all around, please!

Tapping In

Water Stewardship: A Stake in the Ground
There is no universally agreed definition of water stewardship, leaving companies unsure of what it is & what to do. Read WWF's Stuart Orr views on its evolution
  Read this article →
   
Hotels: Beyond Water Use
International Tourism Partnership's Fran Hughes on why the hotel industry should move beyond water per guest night & address operational and reputational risks
  Read this article →
   
Investors Value Fuller Disclosure
PwC partner, Gayle Donohue outlines research which shows fuller disclosure of ESG information could translate into more BUY recommendations
  Read this article →
   
Integrated Reporting Demystified
With a proliferation of reporting frameworks, where is Integrated Reporting? International Integrated Reporting Council's Jonathan Labrey gives us the lowdown
  Read this article →
   
China's Soft Path to Transboundary Water
With 40 transboundary waters shared with 14 neighbours, find out what Dr. Wouters, Director of the UNESCO Centre for Water Law & the China International Water Law Centre has to say
  Read this article →
   
HK Water: Agenda & Goals
Hong Kong University's Dr. Frederick Lee gives a critical assessment of Hong Kong's outdated water tariffs and says that it could undermine HK's water policy & goals
  Read this article →
   

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Government: 
Reports:  Interest: 
  • MEP says water-polluting projects will not be approved in 5 cities as they failed to meet pollution targets
  • Ningxia started legislation for rural environmental protection; a provincial first 
  • Anhui pilots eco-compensation programme on the Xin'an River to ensure cleaner water for downstream Zhejiang
  • Beijing officials admit waste treatment plants are unable to cope with speed of urbanisation with 17% of untreated water discharged into the city's waterways
  • China Dialogue: up to half of Yunnan's hydro capacity could be idle due to dispute over electricity prices 
Hot on Weibo: 
  • Typhoon Fitow slams into eastern China killing six; affecting 6.3m people & causing ~RMB8.4bn in damages
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