Are Water Offsets The Next Item on Companies’ Sustainability Agendas?
In my latest article on Guardian Sustainable Business, I discuss the nascent water offset market. As of now there are two different kinds of schemes: one that pays the owners of water rights to not use their water allotments and another that works similarly to carbon offsets. With water stewardship becoming increasingly of focus of companies burnishing their sustainability programs, many questions about water offsets must be asked. Can they make a difference in a world where fresh water is becoming more scarce? Should companies like those in the beverage industry tackle water usage at the source? Or can new technologies and more water efficient processes really make a difference? Read the entire article here. Photo courtesy Leon Kaye.