E3 - Water and marine resources
The majority of NIBE’s production facilities are in areas of low water stress. However, we have production facilities in Spain, Turkey, Romania, Mexico, Thailand and Vietnam, where there is high or extreme water stress and where water is used in our processes in some cases.
Clean water may be in short supply globally in the future and will therefore become increasingly important. Monitoring of water use is essential for the facilities located in areas in which there is water stress or a risk of water stress. Wastewater from NIBE’s operations is relevant from an environmental point of view as metals and organic substances may enter water supply sources.
Water use is integrated into several policy documents and supplementary instructions to ensure systematic and responsible work. NIBE’s policies and instructions take into account both our impacts, relevant risks and opportunities in the area.
We must adapt our operations to manage identified climate risks, one of which is water stress. In addition, we should collaborate with external parties, such as trade associations and authorities, on exchange of experiences, technical development and collaboration projects relating to climate risks and climate change adaptation.
The Group includes companies in areas of high-water stress which use water in their production processes. Currently, actions have been implemented at facility level, but a systematic approach is missing.
The action plan for systematic management of these facilities comprises the following elements:
Mapping
We use an analytics tool to calculate our water resources-related climate risks.
The analyses shed light on future need for resources and investments, as well as possible actions for managing water stress in the short-, medium- and long-term.
Assessment of actions
The aim is to investigate whether we are able to strengthen or further develop existing actions, and to identify new actions that may be required.
