The Aqueduct Alliance, which also includes General Electric, Goldman Sachs, Bloomberg and The Dow Chemical Company, will build a global database of water risk information from which companies, governments and investors can create maps combining advanced hydrological data with geographically specific details that identify social, economic and governance impacts.
This publicly available database will help organisations understand and manage their water risks. A company can use the tool when deciding where to build a facility, for example.
A working prototype covers the Yellow River Basin in northern China, and an interactive web platform will soon include global and basin-specific data from other areas of the world.
Source: Coca-Cola Company
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