IdentifyBottom Line Risk
and Cost Reduction Opportunities
- What actions can the business take to
reduce the prioritized water-related business risks and
costs in a manner consistent with the water sustainability
concepts?
During this step, tool users are encouraged
to draw from a number of different sources to develop a list
of potential response actions for each significant risk identified
in the current state assessment (Modules
1 and 2). The water sustainability
concepts should be applied to each prioritized risk. For each
risk, tool users may also want to categorize response actions
into areas that require: 1) using new technologies, 2) adopting
new practices, and 3) using incentives to motivate change
in water use culture and behavior. The user may also want
to organize a team to brainstorm a range of options. Certain
actions, such as installation of meters, should be considered
as an initial step, if more information is needed. Many opportunities
to reduce water related impacts and risks are specific to
certain industry sectors, operations, and processes.(1)
There are numerous trade publications and industry-specific
resources that include information on practices, technologies,
and other techniques for addressing water use and impact issues.
Case studies throughout this tool provide
examples of innovative opportunities to conserve, reuse, and
recycle water, as well as to reduce water impacts. GEMI has
also developed a guidance
document to help businesses understand the ways environmental
activities can add business value.(2)
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