1. Knowledge Hub
  2. Ways to conserve water in industry

Ways to conserve water in industry

October 13, 2015

Water shortage is a global issue in need of local solutions

Assistant Vice President – Casualty Technical Director

As Assistant Vice President – Casualty Technical Director for Zurich North America, Fred and his... About this expert

plant in drought

Author’s note:

Water shortage is a very complex issue with a broad global impact. To discuss the impact to industry, I’ve invited Ashutosh (Rish) Riswadkar to blog on this topic. Retired from Zurich, Rish has over 30 years of product safety and loss prevention experience in the insurance industry, and he has written numerous articles in publications such as Best’s Review.

Escalating drought and water crisis in California and many western states are resulting in increased concern over water scarcity and its potential adverse socio-economic impact on industry and society. Growing water scarcity has become a global challenge that needs local solutions focusing on water stewardship and water management, not to mention wide stakeholder participation.

In addition to unpredictable precipitation and climate change, the trends for urban migration, lifestyle changes, population growth and industrialization are key factors affecting water supplies. For businesses that rely on water as a strategic resource, the risks associated with water shortage can be direct or indirect and will vary by type of business. All businesses, however, will be adversely impacted to some extent by physical, regulatory, reputational or litigation risks, emphasizing the importance of undertaking a robust assessment of current and anticipated water risks.   

Assessing business risks

Assessing current and anticipated water risks and conserving water are not one-time efforts. Ongoing collaboration and coordination of water management and stewardship efforts by all stakeholders is needed to meet this global challenge with local on-the-ground solutions. In addition to conservation efforts, desalination and other innovative solutions may have to be considered in cases of chronic water shortage.

Strategies for water management

Conservation strategies for dealing with water shortage will be different for each industrial, commercial and institutional business, yet experts recommend to any business the following best practices for water management:

  1. Make a commitment to water stewardship and appoint a champion from senior management, both on-site and company-wide.
  2. Build alliances with all regional stakeholders to coordinate, collaborate and share good water governance practices and sustainable water balance plans for the region.
  3. Identify your critical water-intensive processes and assess your on-site water utilization. Consider a water accounting program, including installation of water meters.
  4. Implement a water management and conservation plan:
  • Set and measure base-line levels for water conservation benchmark goals.
  • Raise awareness and involve your employees.
  • Identify and prioritize opportunities for water conservation.
  • Regularly inspect your systems for leaks, and promptly repair them.
  • Install water-efficient devices, such as auto shut-off valves and low-flow devices.
  • Measure and monitor your progress using appropriate tools.
  • Communicate and publicize your successes and results.

Besides these overarching best practices, each type of business may have more specific opportunities to recycle, reclaim, reuse and reduce water consumption.

Risk managers and business leaders, who have long relied on a continued supply of water, need to revise their risk management and long-term planning processes to include the reality and new “normal” of water scarcity.


Return to Risks Revealed home page

The information in this publication was compiled from sources believed to be reliable for informational purposes only. All sample policies and procedures herein should serve as a guideline, which you can use to create your own policies and procedures. We trust that you will customize these samples to reflect your own operations and believe that these samples may serve as a helpful platform for this endeavor. Any and all information contained herein is not intended to constitute advice (particularly not legal advice). Accordingly, persons requiring advice should consult independent advisors when developing programs and policies. We do not guarantee the accuracy of this information or any results and further assume no liability in connection with this publication and sample policies and procedures, including any information, methods or safety suggestions contained herein. We undertake no obligation to publicly update or revise any of this information, whether to reflect new information, future developments, events or circumstances or otherwise. Moreover, Zurich reminds you that this cannot be assumed to contain every acceptable safety and compliance procedure or that additional procedures might not be appropriate under the circumstances. The subject matter of this publication is not tied to any specific insurance product nor will adopting these policies and procedures ensure coverage under any insurance policy.

Related industries

Related products and solutions

Related topics

Comments with LinkedIn

You are logged in as (Logout)

Input is not correct!

0/180