Reduce by 50% our water withdrawal intensity (m3/tcarbon black) versus FY20131 baseline for our high- and medium-risk sites.
Progress towards target
|Baseline FY2013||FY2016||FY2017||FY2018||FY2030 target|
1 Baseline adjusted to FY2013 from FY2012 due to more comprehensive and validated data availability for FY2013.
2 KPI adjusted to include Hickok, Cubatão, Gummidipoondi, Alexandria, Weifang, Bahia and Yeosu, and to exclude Angthong, Trecate, Santander and Renukoot (see explanation below).
Assessing our water vulnerability
We have been seeking to improve our water approach since FY2015, when we partnered with the World Business Council for Sustainable Development (WBCSD) and the World Resources Institute (WRI) to assess the water stress level at each of our manufacturing sites using the WRI’s Aqueduct™ tool. For our plants based in India, we complemented the assessment using the specific India Water Tool. This approach provided us with an informative, high-level and generic assessment for all our sites. However, recognizing the need for a more localized approach to appraising risk levels before devising specific water mitigation plans for our most vulnerable sites, we introduced a new water risk management approach in FY2017.
In FY2018, as a result of our assessments, we included additional sites that are considered at high risk for water availability within our KPI3 and removed a number of sites that were included in the original KPI but are now deemed to be of lower risk4. We also adjusted the baseline to FY2013 and extended the target from 2020 to 2030.
Our water risk management approach
In FY2018, we published a new Water Stewardship Policy (pdf, 0.5 MB). It sets out our commitments to protect and conserve water resources through excellent water management practices and governance systems.
Our water risk management approach is inspired by the six-step methodology advocated by the European Water Stewardship Standard, the Alliance for Water Stewardship Standard and the ABG Technical Standard (Water Management).
- Commitment – Our recognition (PDF, 0.5MB) that risks must be assessed.
- Water inventory – Our experts collate site-specific water balance data, an inventory of water challenges and an understanding of water conveyance and treatment systems.
- Water risk assessment – We carry out a generic water risk assessment, coupled with a detailed local source vulnerability assessment.
- Water risk mitigation plans (WRMPs) – We develop the plans required for both internal and external mitigation.
- Implement and monitor WRMPs – We deploy the plans, including internal actions and external engagement, tracking progress.
- Communicate performance – We report on our progress, both internally and externally.
We began implementing the approach at our three sites deemed to be the most water vulnerable in FY2017: Gummidipoondi, India; Hickok, US; and Patalganga, India. We also included our greenfield site in Jining, China, in order to develop a theoretical baseline to help us validate our water balance methodology. We conducted local source vulnerability assessments at Gummidipoondi, Hickok and Patalganga using a customized questionnaire that addressed current and future physical, financial, reputational and regulatory risks as perceived by site professionals. These assessments will serve as the basis for developing mitigation plans for the three sites, with the eventual aim of covering all our facilities in the coming years. In FY2018, we carried out water mapping for 14 facilities along with meter installation and repairs and other investments to support our approach.