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CEOs issue global call to action on water crisis

Summary

In an extraordinary call to action, a group of chief executive officers representing some of the world’s largest corporations urged their business peers everywhere to take immediate action to address the emerging global water crisis.

The CEOs of six corporations – The Coca-Cola Company, Levi Strauss & Co., Läckeby Water Group, Nestlé S.A., SABMiller, and Suez – announced their call to action at the 2007 Global Compact Leaders Summit in Geneva, Switzerland, where they launched “The CEO Water Mandate” – a project designed to help companies better manage water use in their direct operations and throughout their supply chains.

“There is huge potential for the private sector to make a real, positive and lasting difference in protecting and preserving fresh-water resources,” said E. Neville Isdell, Chairman and CEO, The Coca-Cola Company. "We are pleased to come together with other business leaders to endorse the UN Global Compact CEO Water Mandate as another indicator of our desire to establish a truly water-sustainable business on a global scale”.

As the six business leaders state in The CEO Water Mandate: “It is increasingly clear that lack of access to clean water and sanitation in many parts of the world causes great suffering in humanitarian, social, environmental, and economic terms and seriously undermines development goals. The private sector has an important stake in helping to address the water challenge faced by the world today”.