Water is one of the critical factors of ESG (Environment, Social, and Governance). Fresh and clean water is increasingly endangered despite being considered a plentiful renewable resource mainly due to population growth and economic activity leading to an increase in water demands and pollution.
According to United Nations, if current consumption and production patterns do not change, there will be a 40% shortfall in water supply by 2030. Companies are expected to face increased scrutiny such as limits on water withdrawal and tight regulations over their water use as global water resources face increased stress.
Groundwater is withdrawn by industries such as manufacturing, mining, oil and gas, energy and utilities, and construction. Apparel and food & beverage industries are highly dependent on groundwater through supply chains. According to Aquastat, 19% of global freshwater withdrawals come from industry and energy.
In terms of water withdrawal, the beverage and bottled mineral water sectors need to be careful because groundwater is a raw material for them. Globally, food and beverage companies face disputes with local communities over the amount of groundwater that can be withdrawn without depleting local resources.
Reckitt Benckiser Group Plc (RB) is a manufacturer and distributor of personal care, household, specialty products, nutrition, toiletry, and health care products. The company's product offerings include air fresheners, laundry products, dishwashing detergents, disinfectant sprays, household cleaners, and personal care products. It also sells over-the-counter (OTC) drugs, adult nutrition, infant and child nutrition, minerals, vitamins and supplements, pain relief products, hair removal, and pest control products.
In 2021, Reckitt Benckiser withdrew 8,388,115 cubic meters of water. 77.35% of the total water withdrawn by Reckitt Benckiser Group was from the municipal source and 15.93% was from the groundwater source.
The company discharged 5,801,125 cubic meters of water in 2021 of which around 62% was discharged in natural bodies after treatment.
Reckitt Benckiser aims to reduce water withdrawn in its operations by 30% by 2025 (against the 2015 baseline) and a 50% reduction in product water footprint by 2040 (against the 2015 baseline).
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