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You are here: Home1 / News2 / News

Water valuation – Building the business case

News

 

Water is life. Without water there would not be life on Earth. We all depend on water – people, business and ecosystems. At the same time, people and business also impact water. We use it without realizing its real value and often take the resource itself and the services it provides for granted. Water availability is increasingly limited. Globally, water resources are constant, but if current trends continue, water demand is predicted to increase by 55% worldwide between 2000 and 2050, with some industries increasing much more, such as manufacturing by 400% and electricity production by 140% (OECD, 2012). Water resources will not allow for such growth without an increase in the productivity of water use. Business as usual is simply not an option and reversing this trend is imperative.How? We need to stop wasting and mismanaging water. The unsustainable use of water can be partly attributed to the fact that we do not pay the full cost of using it. This may be due to subsidies or because we do not account for the societal costs linked to its use. This is where business can play a positive role. Companies impact and depend upon water. By looking at the value of the water they use in their operations, they can better inform management actions and limit wasteful practices.
This publication, Water Valuation: Building the business case, aims to demonstrate the business case for companies to engage in water valuation and is supported by a review of 21 business case studies that illustrate why and how different companies have carried out water valuation. It is a first response to Vision 2050, a WBCSD report that lays out a pathway leading to a world where 9 billion people live well, within the limits of the planet, by 2050 (WBCSD, 2010). Water Valuation: Building the business case paves the path towards the integration of true water values and true water costs into decision-making.

I deeply believe that progressive businesses need to look at their externalities so as to understand and manage their impacts and dependencies on natural resources, and the way these interact with societies and economies. I strongly encourage all companies to start tackling this issue, accounting for the real value of the water they are using, and to do it now, before it is too late.

 

WaterValuation-BuildingBusinessCase

23.09.2013
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Budapest Water Summit

News

In June 2012 the Rio+20 UN Conference on Sustainable Development confirmed the crosscutting importance of water in and for sustainable development. In the Rio+20 outcome document, “The Future We Want”, water appears as a horizontal issue that is inextricably linked to the majority of priority areas identified for global action.

To better define the pathway towards sustainability, the Rio+20 outcome document calls for the establishment of universally applicable sustainable development goals (SDGs). While the document does not identify individual SDG areas, in view of the crosscutting role of water it is widely accepted that a stand-alone SDG or SDGs should be dedicated to water.

Various international bodies are engaged in the assessment of existing and the elaboration of future water-related development goals, including an SDG. With a view to assess and summarise these activities as well as to provide guidance for future work the Government of Hungary, in cooperation with the UN system and the World Water Council, organises a global conference: the Budapest Water Summit in Budapest, the capital city of Hungary, between 8-11 October 2013.

Objectives

Thus the principal objective of the 2013 Budapest Water Summit: The Role of Water and Sanitation in the Global Sustainable Development Agenda is to take stock of the various developments, in and outside the UN system, in preparing water-related goals for the post Rio+20 development agenda.

Based on the outcomes of various UN programmes and initiatives as well as the World Water Forum series of the World Water Council, respectively, it also aims to present practical, accessible and affordable solutions to the main challenges identified. The Summit is expected to provide defining contributions to the elaboration of one overarching SMART (Specific, Measureable, Attainable, Realistic and Timely) SDG on water and sanitation that corresponds and responds to multidimensional challenges.

The Budapest Water Summit is envisaged as a policy forum to facilitate consensus building amongst stakeholders concerning water and sanitation policy goals. As the Summit aims to formulate a concrete recommendation for the UN General Assembly for setting the post-2015 development agenda, it must bridge political, scientific and technical aspects in the elaboration of the water and sanitation related SDG. It is therefore imperative that the Summit be structured in such a way as to provide an open policy forum for all stakeholders involved in shaping the global post-2015 agenda.

Areas covered

Striving for universal access to water and sanitation: Critical issues of access to water and sanitation, urban water infrastructure planning, waste water management, development and maintenance from technological, financial, public health and human rights aspects, with a view to providing sustained access;

Integrated water resources management for the 21st century: The challenges of adaptation and resilience in face of a growing population and a changing climate – complex solutions for pollution prevention, soil and groundwater protection, food security, disaster risk management including floods and droughts and man-made disasters, water storage and recycling, the water, food and energy nexus;

Good water governance: International cooperation, transboundary river basin and aquifer management, integrated institutional strategy in planning and implementation, stakeholder participation in the preparation of water policies; capacity development, education, research, data management, monitoring and assessment;

Green economy for blue water: Traditional and innovative water technologies and techniques in the context of sustainable development and poverty eradication; practical, affordable, local solutions in the various regions of the world;

Investment in and financing of the implementation of water and sanitation SDG: The availability and best use of national and international financial resources and institutions; best practices, lessons learned. In addition to official development policy, special attention is to be paid to investment in water and sanitation as a regular course of business.

Structure

The above issues will be discussed in five thematic plenary Summit sessions and a special evening session. Each thematic session will be introduced by three keynote speeches to be delivered by the representative of a developing country, a developed country and an international organisation/NGO, respectively. Keynote addresses will be followed by moderated Davos-style discussions by a series of distinguished panellists, selected in view of a proper geographical and gender balance. The conclusions of each thematic session will be summarised by a rapporteur, who will present the relevant findings to the closing plenary session. The closing joint plenary will adopt the recommendations.

Next to the Plenary sessions, parallel stakeholder meetings will be held as follows:

  • Science Forum
  • Youth Forum
  • Civil Society Forum
  • Business Leaders Forum and Expo
  • Philanthropy Roundtable.

The forums will be invited to provide written contributions to the Budapest Recommendations.

The expected outcome of the Budapest Water Summit

The Budapest Water Summit attempts to cover these issues in a complex interdisciplinary, interconnected yet practical manner combining policy, scientific, financial-economic as well as governmental and non-governmental approaches and inputs. The outcome document, the Budapest Recommendations on Water and Sanitation, will identify the concrete possible water-related building blocks of a “Big Water SDG” to be incorporated into future SMART SDGs as well as the post-2015 development agenda.

Connections to other previous and future events

The Summit particularly aims to build on the conclusions of the 6th World Water Forum, held in Marseille, France, March 2012, the proceedings of the World Water Day events in March 2013 held in The Hague, The Netherlands, the Conference on International Water Cooperation in August in Dushanbe, Tajikistan, the Stockholm World Water Week in September 2013 and the 68th session of the United Nations General Assembly. The Summit will formulate its conclusions with a view to providing contributions to the 7th World Water Forum to be held in Daegu, Republic of Korea, in 2015. The Water Summit forms part of the events of the UN International Year of Water Cooperation led by UNESCO.

More information: www.budapestwatersummit.hu

30.07.2013
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New members in BCSD Hungary

News

In the last months four companies joined as corporate members BCSD Hungary. We warmly welcome our new members.

New members:

BauTrans

Coca-Cola HBC

Hungrana

Skanska

Full list of our members: http://bcsdh.hu/tagsag/tagok/

24.07.2013
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The latest changes in compliance legislation and new international trends

News

Transparency International Hungary organises a business breakfast where the latest changes in compliance legislation and new international trends will be presented in the framework of a professional workshop.

József Péter Martin, newly appointed head of Transparency International Hungary will open the business breakfast.

Topics and presenters of the workshop:

1.)  The new draft legislation on whistle-blowing  — Dr. Miklós Ligeti, Legal Director of Transparency International Hungary

2.)  Major measures of the new act on money laundering –- Gábor Kovács, Compliance expert of financial services

3.)  New international trends of internal investigations –-Gábor Ámon, member of the Association of  Certified Fraud Examiners

4.)  Remarkable developments in the competition law practice –- Zoltán Nagy, former chair of the Hungarian Competition Authority, independent advisor

The workshop will be held in Hungarian, without interpretation.

 

Date: Tuesday, 18 June, 2013 at 8:30 am to 10:30 am

Registration between 8:00-8:30 am

Venue: Larus Étterem és Rendezvényközpont

1124 Budapest, Csörsz u. 18.

Participation fee: 12.500 Ft

Participation for Corporate Supporters Forum Members is free of charge.

25% discount for BCSDH members.

R. S. V. P. by 15th June

Please fill out the attached form and send it back to  diana.sebestyen@transparency.hu

Please transfer the participation fee until the 15th of June.

(You can find the details in the attached form.)

The participation fee is not subject to VAT.

Jelentkezési lap – CSF uzleti reggeli_2013.június 18.

Supporters:

telenor

allianz

11.06.2013
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CSR seminar with Mr. Jan Peter Balkenende

News

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.

.

.

The Netherlands-Hungarian Chamber of Commerce

cordially invites you to an event on

Corporate Social Responsibility:
“Sustainable and responsible business models”

address by
Prof. dr. Jan Peter Balkenende
Former Prime Minister of the Kingdom of the Netherlands
Partner at Ernst & Young, The Netherlands
Professor at Erasmus University Rotterdam

Speakers:

Mrs. Inka Pieter
Director CSR & Environmental Strategy
KLM Royal Dutch Airlines

Mr. Henk de Bruin
Senior Vice President
Global Head of Sustainability 

Philips International

Mr. Jan-Willem Vosmeer
CSR manager
Global Corporate Relations

Heineken

Mr. András Gyenes
Managing director
Unilever Hungary & Adria

Program:

  • 8.00 AM – 8.30 AM: Arrival, registration, breakfast
  • 8.30 AM – 10.30 AM: Presentations
  • 10.30 AM -11.00 AM: Q&A session, networking

On Tuesday, June 4th, 2013 at 8:30 AM – 10:30 AM
(Registration and breakfast from 8:00 AM)

in: InterContinental Budapest
(1052 Budapest, Apáczai Csere János u. 12-14)

Participation fee:
Members: 2500 HUF+VAT (3175 HUF)
Non-members: 5000 HUF+VAT (6350 HUF)

IF YOU WISH TO PARTICIPATE AT THE EVENT, PLEASE CLICK HERE TO REGISTER.

The language of the seminar is English without translation.

22.05.2013
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Gran Prize Giving Ceremony and Gala Dinner

News

INVITATION

The Swedish Chamber of Commerce in Hungary cordially invites You
to the 1 st Gran Prize – Award Ceremony Gala Dinner

in the presence of H.E. Karin Olofsdotter, the Ambassador of Sweden
on Friday, the 24th of May, 2013 at 7.00 p.m.

to take place in the baroque Ballroom of the wonderful historic building of Corinthia Hotel
(Erzsébet krt. 43-49. 1073 Budapest. )

The Gran Gala dinner will serve a sophisticated fusion of fine Hungarian cuisine and Swedish Nobel Banquette menu, created by Mr. Joel Khalil, Executive Chef of the Corinthia Hotel in collaboration with Mr.Gábor Németh, Che to H.E., Mrs. Karin Olofsdotter, Ambassador of Sweden to Hungary.

Dress code:Formal, black tie

PROGRAMME

18.30-19.00Arrival of the Distinguished guests
19.00 -19.30Opening of the Gran GalaWelcome speech and toast in memory of Carl von Linné given by Mr. János Takács, Chairman of the Swedish Chamber of Commerce in Hungary. The Gran Prize is established by the Swedish Chamber in memory of one of the most acclaimed scientists in Europe, honoured as the Princeps botanicorum (Prince of Botanists), “The Pliny of the North,””The Second Adam”.Speech by H.E.Mrs. Karin Olofsdotter, Ambassador of Sweden.Welcome cocktails , Swedish and Hungarian finger foods.
19.30-19.45“Rhapsody in Ecstasy”
Original musical composition written and performed by Ladislaus Horatius for the Gran Gala, with soloist Anna Lindqvist soprano. The piece amalgamates a symphonic poem, folk melodies and jazz. Anna Lindqvist, classical singer, graduated at the Music Conservatory of Florence. Ladislaus Horatius, composer and classical pianist, graduated at the Royal College of Music in Stockholm.
19.45-20.00Award Ceremony of the 2013 Gran Prize presented by the Board of Judges
Annual prize awarded for outstandingly innovative solutions in response to the most pressing issues of our planet, in the field of environmental protection, sustainable development, design, medicine, health preservation and development and education.

Board of Judges

Balázs Nagy Lantos – Mensa HungarIQa, President
Ildikó B. Csejtei – TV2, Marketing & Communication Director
Ernő Keszei – Eötvös Loránd University, Vice-Rector for Science, Research and Innovation
Gábor Kopek – Moholy Nagy University of Art and Design Budapest, Rector
Gábor Péceli – Budapest University of Technology and Economics, Rector
Dr. Gábor Szabó – University of Szeged, Rector, Hungarian Association for Innovation, President
Dr. Gyula Patkó – University of Miskolc, Rector
István Salgó – Business Council for Sustainable Development in Hungary, President, ING, Chief Executive Officer
János Dürr – Club of Hungarian Science Journalists, President
János Takács – Swedish Chamber of Commerce in Hungary, President, Electrolux Lehel, President and Chief Executive Officer
Dr. Mária Judit Molnár – Semmelweis University, Vice-Rector
Melinda Kamasz – Figyelő, Deputy Editor in Chief, Figyelő Trend, Editor in Chief
Dr. Miklós Antalovits – Budapest University of Technology and Economics Professor
Dr. Miklós Bendzsel – Hungarian Intellectual Property Office, President
Péter Szauer – HVG, President and Chief Executive Officer
Rita Istiván – Swedish Chamber of Commerce in Hungary, Secretary General
Roland Jakab – Swedish Chamber of Commerce in Hungary Member of the Board,
Ericsson Hungary, Vice President
Dr. Ágnes Soós – National Institute for Sports Medicine, Director General
Zoltán Bruckner – Primus Capital, Partner Director

20.00 -21.30Four-course dinner with selected winesGábor Németh, the Chef to the Ambassador of the Kingdom of Sweden reviews the 2013 Gran Gala’s menu and inspiring trends of the Swedish and Hungarian cuisine.Collage of Swedish and Hungarian songs and piano pieces, performed by Anna Lindqvist (soprano) and Ladislaus Horatius (piano).Raffle of the menu of the 2014 Gran Gala will be drawn  from the Nobel Banquette menus of the years 1970-2012.
To register, please email the form to the SCCH before 15th of May 2013. Upon registration you will receive an invoice for the participation fee.

The Swedish Chamber of Commerce in<br /><br />
Hungary 

More information: www.swedishchamber.hu

09.05.2013
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Measuring socio-economic impact – A WBCSD guide for business

News
Navigating the complex landscape of socio-economic impact measurementCompanies are increasingly interested in measuring socio-economic impact as part of maintaining their license to operate, improving the business enabling environment, strengthening their value chains, and fueling product and service innovation. But while more and more tools are being developed to help companies measure socio-economic impact, it can be difficult to compare and choose among them.

The tools available today are incredibly diverse. They are based on different assumptions, they offer different functionality, they focus on different types of impact, and they suite different purposes.

The guide is intended to help companies navigate the complex landscape of socio-economic impact measurement.

Download the guide click here.

It aims to:

Provide an overview of the business case for measuring socio-economic impactIntroduce the terminology and basic theory used in this space for a busines audience Profile a selection of existing tools for business needsAccelerate business efforts to measure and manage socio-economic imact
04.04.2013
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WBCSD Guidance for Accounting & Reporting Corporate GHG Emissions in the Chemical Sector Value Chain

News

This document provides guidance to support chemical companies in the consistent accounting and reporting of greenhouse gas (GHG) emissions, including the company’s own emissions and those of its value chain.

The guidance builds upon existing best practice standards for corporate GHG accounting and reporting – The GHG Protocol Standards – which are developed through a global, multistakeholder process convened by the World Business Council for Sustainable Development (WBCSD) and the World Resources Institute (WRI).

In following internationally-recognized GHG standards, wide variations exist in the resulting emissions amounts reported, due to the allowable choices made through the GHG inventory process. This document addresses the areas where the most inconsistency in approaches by reporting companies was found, including how to account for and report emissions related to: joint arrangements; the resale of energy; identifying relevant value chain (scope 3) activities; combined heat and power installations; renewable sources; swapping arrangements; and offsets and unbundled energy certificates. The guidance also provides a consistent framework for reporting.

The use of this guidance, along with the GHG Protocol Standards, is intended to create more consistency and comparability in the GHG accounting, reporting and performance assessment of chemical companies, further supporting the efforts of WBCSD chemical companies in the key sustainability area of GHG management.

Source and download the guidance click here.

04.04.2013
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New Members in BCSDH

News

In the first quarter of 2013 11 companies and their CEOs and top managers joined BCSD Hungary. CEOs of these corporates have signed the recommendation for business leaders  ‘Complex Interpretation of Corporate Sustainability’ and expressed their intention that will manage their enterprises respecting the principles it contains.

 

New members of BCSD Hungary:

Alstom

ALTEO

Eisberg

GDF Suez

Goodwill

Grundfos

KPMG

MAVIR

Nestlé

Pannonia Ethanol

Unilever

Full list of our members available here: http://bcsdh.hu/membership/members/ujtagok

 

04.04.2013
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Green Business Forum: Embrace Sustainability

News
Embrace Sustainability and create a positive impact on society
In the current stage of globalization, the importance of sustainable development is regarded as one of the biggest challenges. Enormous efforts are made by environmental organizations and activists to increase the awareness of environmental-friendly practices. More and more organizations all around the world try to find their own way to respond to this challenge.
Corporate sector has the power to cause a big change into society by developing sustainable practices. Supporting actions that stimulate the exchange of best practices, benchmarking, research and development, EuCham – European Chamber tries to deliver a unique approach to environmentally conscious principles.
Green Business Forum: Embrace Sustainability
Date: Monday 22 April 2013 at 18:00. Registration begins at 17:30.
Venue: Kinnarps Jarl Conference Center, Váci út 92, 1133 Budapest, Hungary
–
Agenda
18:00     Introduction
Mr Michele Orzan President, EuCham CEE
18:05     Video Message
Mr Janez Potočnik, EU Commissioner for Environment
18:10      Keynote Speech
Mr Ilir Mirena, Deputy Minister of Environment, Kosovo
18:20      Presentations
H.E. Mr Gauri Shankar Gupta, Ambassador of India
H.E. Mr Tom Nørring, Ambassador of Denmark
Mr Bo Normander, Director, Worldwatch Institute (tbc)
18:50      Panel Discussion
Mr Michael Nixon, Managing Director, Nestlé
Ms Marta Bonifert Executive Director, REC-Regional Environmental Center
Mr János Takács, Chief Regional Officer-CEE, Electrolux
Mr György Laboranovits, Managing Director, K&H
Ms Katalin Urbán, CSR Chief, Grundfos
Mr Gergely Tóth, Association for Sustainable Economies
19:30       Q&A and Networking Session
Honorary guests
H.E. Mr Darko Angelov, Ambassador of Macedonia
H.E. Ms Darja Bavdaž Kuret, Ambassador of Slovenia
H.E. Mr Roland Galharague, Ambassador of France
H.E. Ms Shkendije Geci Sherifi, Ambassador of Kosovo
H.E. Mr Bert van der Lingen, Deputy Ambassador of Netherlands
H.E. Mr JeanFrançois Paroz, Ambassador of Switzerland
H.E. Ms Tove Skarstein, Ambassador of Norway
The event will be held in English.
Participation is free of charge. Please register at info@eucham.eu or +36 1 445 1055.
–
www.eucham.eu

Join the event on Facebook: facebook.com/events/160234677464040

 

green business forum 2
03.04.2013
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