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Utilities
The global water crisis has become a pressing concern, necessitating collaborative efforts among corporations, governments, and communities to address water stress and ensure sustainable water management. In a significant move towards this goal, Grundfos, a leading global water solutions provider, has recently joined the Water Resilience Coalition. This strategic partnership underscores Grundfos's commitment to water stewardship and its role in driving corporate action to combat global water challenges. The Water Resilience Coalition, an initiative of the CEO Water Mandate, focuses on elevating the importance of water resilience on the corporate agenda, making it a key business imperative alongside climate action.
The Water Resilience Coalition is a CEO-led initiative that seeks to unite a critical mass of companies to enhance water resilience in their operations and supply chains. By 2030, the Coalition aims to invest in collective action to improve water resilience in 100 Priority Basins, which are the most water-stressed basins worldwide[1][2]. As a partnership between the Pacific Institute and the United Nations Global Compact, the Coalition represents a significant step towards addressing global water issues through corporate leadership and collective action.
Grundfos is renowned for its innovative, energy-efficient water solutions designed for homes, buildings, industries, utilities, and agriculture. The company's mission is built around harnessing the potential of water while minimizing waste and promoting sustainability[4]. By joining the Water Resilience Coalition, Grundfos reinforces its dedication to advancing water resilience and sustainability on a global scale.
Poul Due Jensen, CEO of Grundfos, emphasized the importance of collaborative action in addressing the global water crisis. "The global water crisis demands a unified, collaborative response and deserves the same focus and attention as the climate agenda," he stated. Jensen also signed the Water Resilience Pledge, committing Grundfos to deliver measurable impact by 2030[1]. This pledge aligns with Grundfos's broader sustainability ambitions, which include reducing carbon emissions and helping clients meet their environmental targets.
The Water Resilience Coalition has several key objectives that align with Grundfos's commitment to sustainable water management. Some of these objectives include:
With Grundfos and Haleon joining the Coalition, the membership count has risen to 40 companies, collectively representing a market capitalization of over $5 trillion[2][3]. This expansion signifies a growing recognition of water stewardship as a critical business and sustainability imperative. Jason Morrison, Head of the CEO Water Mandate, noted that the momentum of the Coalition demonstrates water stewardship is no longer optional but essential for corporate success[1][2].
In addition to the new memberships, the Coalition highlighted Heineken's efforts to enhance water resilience in the Rio Bravo River Basin, spanning the U.S. and Mexico. Heineken, in collaboration with a key partner, is advancing collective action in this Priority Basin by supporting infrastructure and services that promote sustainable water management[2][3]. This initiative serves as a model for how leading companies can catalyze change in water-stressed regions.
The CEO Water Mandate is a partnership between the UN Global Compact and the Pacific Institute, aimed at mobilizing business leaders to address global water challenges through corporate water stewardship. Established in 2007, it has grown significantly, with over 478 companies endorsing the Mandate by 2025[1][3]. These companies commit to continuous progress in six core areas:
The partnership between Grundfos and the Water Resilience Coalition marks a significant step towards addressing global water challenges through corporate leadership. By leveraging their expertise in water solutions and joining forces with other influential companies, Grundfos is poised to contribute substantially to the global effort towards sustainable water management. As water stress continues to rise on the corporate agenda, initiatives like the Water Resilience Coalition ensure that business and sustainability imperatives align to secure a more resilient future for water resources worldwide.
