Public Invited to Comment on Business Engagement in Water-Related Public Policy
First Comment Period Open Until July 31
The Pacific Institute, as a member of The CEO Water Mandate Secretariat, invites the public to comment on a preliminary outline for a best-practice guide on corporate engagement in water-related public policy.
The guide ultimately aims to provide principles, concepts, practical steps, and case examples that can facilitate companies’ responsible engagement with water policy in a manner that reduces business risks while advancing policy goals and positively impacting nearby communities and ecosystems. In doing this, the guide will:
- Define and explore components of public water policy and the way businesses interface with them;
- Discuss the types of water-related business risks and the way they can be mitigated through policy engagement, while considering the various hydrologic, economic, and political contexts in which businesses operate;
- Elucidate the various spheres of engagement, operational dimensions, and entry points for engagement in water policy; and
- Identify principles and good practices/approaches while highlighting potential pitfalls to avoid.
The guide will acknowledge and address key concerns and reservations among some stakeholders regarding corporate involvement with policy decisions, steering companies toward engagement strategies and practices that are integrated, inclusive, and equitable.
The UN Global Compact Office invites the public, stakeholders, and other interested parties to provide input at this initial stage in the guide’s development, and asks the comments be submitted to PolicyEngagementGuide@pacinst.org by July, 31 2009. The purpose of this initial comment period is to help define the scope of the guide and to focus its content using input from a range of interested stakeholders.
This guide is a project of The CEO Water Mandate–an initiative established in 2007 under the auspices of the UN Global Compact–to better understand and advance water stewardship in the private sector.
To read the annotated outline and learn more about how to make a comment, click here.