Executive Summary:
- The industrial sector is the second largest consumer of freshwater, most of which is sourced from rapidly-declining aquifers.
- Recognition of water-related risks and tightening regulations are pushing companies to conserve freshwater through ‘within the fence’ activities such as wastewater recycling.
- They are also adopting 'outside the fence' initiatives such as rainwater harvesting, however the impact is unclear.
- There is an opportunity for industries to convert water that would otherwise be destructive to a utilisable form through Flood MAR and the reuse of treated wastewater.
- To effectively drive collective action towards these large investments, we need a system of water credits that can unlock financial bottlenecks.
- Companies can offset water abstraction through water credit trading and thus reduce the demand on groundwater.
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About the author
Dr Veena Srinivasan
CEO, CSEI
Ishita Jalan
Hydrologist
Mukta Deodhar
Junior Hydrogeologist
