Across the globe, water scarcity is a growing concern. Over-abstraction and pollution from agriculture, industry and urban infrastructure are causing rapid declines in the quality of water resources. Climate change impacts add to the pressure.

This makes it even more important for businesses to take a proactive approach in understanding and managing their water risks. A water risk assessment identifies potential water-related risks to a business and can serve as the foundation for setting water-related goals, organizing a response to mitigate risks, and improving overall operational efficiency.

Navigating Water Risk Assessment: Assessing Risks in Water Systems

A water risk assessment looks at all of the ways a company uses water in its operations. This includes evaluating water availability and quality, as well as regulatory requirements and financial implications. The assessment also considers supply chain dependencies and other factors that affect a business’s water usage.

Companies can reduce their water risks by implementing innovative strategies, including recycling and reusing water in their processes, and by supporting initiatives that promote sustainable water management. They can also encourage their suppliers and partners to take the same approach. Additionally, by assessing the risk of legionella bacteria in their water systems and undertaking an L8 legionella risk assessment, they can minimise the risk to people using their facilities. The use of water in a business can be influenced by policies and regulations, so by identifying opportunities for improvement, companies can help to shape the future of global water resources.