Water scarcity and your business: How to assess the impact and make informed decisions
Recorded On: 06/15/2017
In much of the world, water is undervalued and underpriced. Therefore, businesses often overlook its actual value to operations. Real and potential risks ranging from rationing and price increases to insufficient quality and increasing regulations can disrupt operations, threaten product quality, increase the cost of doing business and curtail growth. The costs of these risks far exceed the price paid for water but are usually not factored into a company’s water bill, making them nearly invisible.
Operating in a water scarce environment requires integrating water management into business strategy and planning. However, the disconnect between market price and risk makes it hard to make the business case to invest in strategies that protect against water-related challenges, or to make optimal decisions about locating or expanding operations. Companies need data and information to monetize water-related business risks and understand the gap between what they pay for water today and the potential costs of water risks.
Ecolab is the global leader in water, hygiene and energy technologies and services. Every day, we help make the world cleaner, safer and healthier – protecting people and vital resources.
Emilio R. Tenuta, BS, MBA
Ecolab Vice President, Corporate Sustainability
Emilio Tenuta is Vice President of Corporate Sustainability for Ecolab. He is responsible for linking Ecolab's market strategy with the company's sustainable solutions delivered through partnerships with more than 1.3 million customers in more than 170 countries.
Tenuta's 30-year tenure at Ecolab, includes 25 years of technical and marketing management experience in various industries including Food and Beverage, Pharmaceutical, Lodging, Healthcare, Primary Metals and Automotive. For the past six years Tenuta has led Ecolab's strategic sustainability journey focused on corporate responsibility, internal environmental stewardship and helping customers operate more sustainably.
Tenuta is actively involved in advancing sustainability practices. He sits on the National Restaurant Association CONSERVE sustainability advisory council. He is also an active member of several industry organizations, including Practice Greenhealth, Net Impact and the sustainability work group for the World Travel and Tourism Council. Over the past four years, Tenuta has forged strong partnerships with a number of NGO's to support management of water and energy risks in the industrial sector, including the World Wildlife Fund (WWF), Alliance for Water Stewardship (AWS), UN CEO Water Mandate, The Nature Conservancy and World Economic Forum (WEF).
Tenuta holds a Bachelor of Science degree in Chemistry from the University of Wisconsin-Eau Claire and a Master's Degree in Business from Northwestern University Kellogg School of Management.
Senior Director, Sustainability Solutions & Partnerships, Microsoft
Josh Henretig is the Sr. Director of Sustainability Solutions & Partnerships for Microsoft and is responsible for defining and executing the company’s strategy for corporate water stewardship, as well as for technology-based solutions that address key environmental challenges. As part of this effort, Microsoft and its growing ecosystem of partners are developing solutions that span energy, water, agriculture, transportation and building efficiency. These solutions leverage the power of the cloud, data analytics, machine learning, distributed sensor networks, and mobile devices to knit together a highly integrated, energy-smart landscape that maximizes efficiency and performance in a resource-constrained world.
Josh has been working on sustainability @ Microsoft for more than 10 years and has helped design and execute the company’s global energy, water and environmental strategy. Over the years, he has worked on many aspects of Microsoft’s environmental strategy - from developing partnerships that deliver technology innovations that enable cities to minimize their impact on the environment, to helping accelerate scientific breakthroughs on environmental issues, to implementing responsible business practices that have led to the company’s commitment to become carbon neutral and to be powered by 100% renewable energy through an internal price on carbon.
About the Worldwide Environmental Sustainability Team
The role of the Environmental Sustainability Team is to define and implement the energy and environmental strategy for the company. The ES team ensures that Microsoft has the optimal strategy and governance models in place, and that there is alignment and accountability across the company for investing in and meeting the company’s sustainability goals.
Ross Eisenberg (Moderator)
Vice President, Energy and Resources Policy
Ross Eisenberg is vice president of energy and resources policy at the National Association of Manufacturers (NAM). Mr. Eisenberg oversees the NAM's energy and environmental policy work and has expertise on issues ranging from energy production and use to air and water quality, climate change, energy efficiency and environmental regulation. He is a key voice for manufacturing on Capitol Hill, at federal agencies and across all forms of media.
Before coming to the NAM in 2012, Mr. Eisenberg spent more than five years as environmental and energy counsel at the U.S. Chamber of Commerce, the world's largest business federation. He was also executive for the Chamber's Environment & Energy Committee, the Chamber's primary vehicle for the creation and development of environmental and energy policy.
Prior to joining the Chamber, Mr. Eisenberg spent five years as an environmental, energy and insurance coverage attorney in the Washington, D.C., office of Greenberg Traurig LLP, a full-service international law firm with more than 1,700 lawyers. At Greenberg Traurig, Mr. Eisenberg represented large and small companies on a wide range of environmental and energy matters, including permitting and compliance with federal, state and local laws and regulations; pesticide registration; rights of way and ratemaking; environmental insurance coverage; and assorted litigation.
Mr. Eisenberg is a member of the State Bar of the District of Columbia. He has a B.A. from Emory University and a J.D. from Washington and Lee University School of Law.