The CEO Water Mandate is a call to action for business leaders to take responsibility for water conservation and management.
By committing to the mandate, CEOs demonstrate their commitment to addressing the water challenges and contribute to sustainable development.
These leaders are expected to focus on key elements such as water efficiency, wastewater management, collective action, and transparency.
As part of their commitment, CEOs are required to report annually on the progress they have made in taking action and achieving the goals set.
This initiative encourages business leaders to prioritize social and environmental responsibility in their operations and contribute to a more sustainable future.
| Key Elements |
|---|
| Water efficiency |
| Wastewater management |
| Collective action |
| Transparency |
The company’s goals include:
- Identifying and addressing water risks to their business
- Reducing critical water risks
- Seizing opportunities related to water
- Contributing to water security
- Supporting the UN Sustainable Development Goals
By focusing on these objectives, the company aims to enhance its social responsibility and promote sustainable water management.
The initiative for social responsibility has gained support from 230 companies across different industries and regions.
One company that has demonstrated its commitment to social responsibility is MGM Resorts. Through the implementation of its Global Water Policy, the company achieved a significant 37% reduction in water usage from 2007 to 2021.
