Water sustainability : measurement, management, engagement, and disclosure of selected water-intensive companies on the Johannesburg Stock Exchange

• Main Author: Askham, Theresa
• Other Authors: Van der Poll, H.M.
• Format: Others
• Language: en
• Published: 2016
• Subjects: Water scarcity; Measurement; Management; Stakeholder engagement; Disclosure; Water-related risks; Ceres Aqua Gauge™; 363.610968; Water-supply > South Africa > Management; Water resources development > South Africa > Management; Business enterprises > South Africa > Water-supply; Water utilities > South Africa > Management; Sustainable development > South Africa > Water-supply; Water utilities > South Africa > Water-supply
• Online Access: Askham, Theresa (2016) Water sustainability : measurement, management, engagement, and disclosure of selected water-intensive companies on the Johannesburg Stock Exchange, University of South Africa, Pretoria, <http://hdl.handle.net/10500/20222>; http://hdl.handle.net/10500/20222

Many parts of the world, but South Africa specifically, are facing a water crisis, not only because of the scarcity of water, but also the quality of the water that is available. Companies are the primary users of water and can therefore have the most significant impact on saving water. It is thus imperative to determine how companies are measuring, managing, engaging with their stakeholders and disclosing water-related risks in their businesses. This study was conducted on the premise that South African companies have not as yet grasped the seriousness of the water crisis. Thirty JSE-listed companies classified as being water intensive were selected for the study. Their sustainability/integrated/annual reports for 2011 and 2013 were downloaded from the internet and analysed to determine if and how they were mitigating their water-related risks. The Ceres Aqua Gauge™ was used as the framework for this study. It was established during the analysis of the selected companies’ reports that, with the exception of food producers and food retailers, the companies had grasped the seriousness of the water crisis. One area of particular concern that was evident in all the companies was the lack of attention directed towards supply chain water management. Companies need to address water risks in their supply chain, and to also turn the water crisis from a threat into an opportunity. Investors need to engage with and put pressure on companies to improve their water management practices. === Business Management === M. Ph. Accounting Sciences (Management Accounting)