21 December 2021 | 4 minutes.

Water Stewardship in the Private Sector

Colorado River Basin.

Photo: Ricardo Frantz

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Will Sarni
CEO, Water Foundry.
Will Sarni is an internationally-recognized thought leader on water strategy and innovation with a reputation of pressuring businesses to care more about water. He has been a sustainability and water advisor to multinationals, technology companies, investors and NGOs and a former Water Strategy Director at Deloitte. REVOLVE spoke with him to learn more about water scarcity.

What are the greatest water stewardship achievements of the private sector?

The greatest progress has been in the private sector moving from water management to water stewardship and for some companies a water strategy (the progression is illustrated below). Companies that have developed and implemented water stewardship strategies have engaged with stakeholders across their value chain to manage water risks and, to the extent feasible, secure a social license to operate. Some companies have built upon their water stewardship strategy and added initiatives in innovation – technology, new products and services, investment, and partnerships (e.g. ABInBev and PepsiCo).

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