Business – 6.1 External influences – Environmental | e-Consult
6.1 External influences – Environmental (1 questions)
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Water scarcity can constrain production, increase costs, and damage a company's reputation. Strategic responses include:
- Implementing water‑efficiency technologies (e.g., closed‑loop cooling, low‑flow fixtures) to reduce consumption.
- Investing in alternative water sources such as rainwater harvesting or recycled wastewater.
- Engaging in stakeholder collaboration, including local communities and NGOs, to support watershed management projects.
These actions help maintain operational continuity while demonstrating environmental responsibility.