May 20, 2020 /3BL Media/ - The Beverage Industry Environmental Roundtable (BIER) and the World Business Council for Sustainable Development (WBCSD) announce collaboration on creation of water circularity metrics.
The Beverage Industry Environmental Roundtable (BIER) and the World Business Council for Sustainable Development (WBCSD) announced their collaboration to develop a guidance on how to measure the circularity of a facility or operational site’s water sourcing, use, and discharge as contributions to a net reduction in water demand from the local watershed. The goal is for the resulting methodology to be utilized by leading companies to quantitatively compare and monitor the water circularity performance of their global operations.
"Historically, industry has followed a traditional linear philosophy of take-use-discharge,” said Nick Martin, Executive Director at BIER. “Industry in every sector should work towards adopting water circularity thinking whereby every drop of water is optimized towards a shared objective of a net water increase to local water supplies and quality.”
The collaboration includes a water and circularity landscape report, defining a set of Guiding Principles, and development of a water circularity metric(s) methodology to be pilot tested later in the year. The final guidance document and insights will be published and shared in December 2020.
Continue reading to learn more about this collaboration.
BIER is a technical coalition of leading global beverage companies working together to advance environmental sustainability within the beverage sector. Formed in 2006, BIER aims to accelerate sector change and create meaningful impact on environmental sustainability matters. Through development and sharing of industry-specific analytical methods, best practice sharing, and direct stakeholder engagement, BIER accelerates the process of analysis to sustainable solution development. BIER members include: American Beverage Association, Anheuser-Busch InBev, Bacardi, Beam Suntory, Brown-Forman, Carlsberg Group, The Coca-Cola Company, Constellation Brands, Diageo, Heineken, Keurig Dr Pepper, Molson Coors Beverage Company, Ocean Spray, PepsiCo, and Pernod Ricard.
The World Business Council for Sustainable Development (WBCSD) is a global, CEO-led organization of over 200 leading businesses working together to accelerate the transition to a sustainable world. We help make our member companies more successful and sustainable by focusing on the maximum positive impact for shareholders, the environment and societies.
Our member companies come from all business sectors and all major economies, representing a combined revenue of more than USD $8.5 trillion and 19 million employees. Our global network of almost 70 national business councils gives our members unparalleled reach across the globe. Since 1995, WBCSD has been uniquely positioned to work with member companies along and across value chains to deliver impactful business solutions to the most challenging sustainability issues. Together, we are the leading voice of business for sustainability: united by our vision of a world where more than 9 billion people are all living well and within the boundaries of our planet, by 2050.
KEYWORDS: water, circular economy, The World Business Council for Sustainable Development (WBCSD), Beverage Industry Environmental Roundtable (BIER), bier, circularity