For each water
impact identified in Module
1, at each stage of the value chain, consider how
sensitive the business is to external pressures to reduce
water impacts. By considering the organization's sensitivity
to external changes associated with its water-related
impacts, you should be able to make a qualitative assessment
of the business "significance" of this impact.
There are two major factors to consider: cost and turnaround
- Impact reduction cost sensitivity:
What would be the cost to the business of reducing
the water impact by 10%? 50%? Meeting a zero discharge
requirement? Completely eliminating the impact in
other value chain stages?
- Impact reduction timing sensitivity:
How quickly could the impact be reduced? Are contingency
plans in place for reducing the impact? Are there
alternative activities or processes with lower impacts
currently available? Is there current research and
development directed towards impact reduction?
If the business
sensitivity to changing water impact requirements is
high, this can create a strong business case for conducting
research and development and investment in creative,
cost-effective options to eliminating the water impact.
to Module 2