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Issue Forecasting, Global Stakeholder Engagement, & Impact Assessments through Civil Society @SIGWATCH

Is your company ready for the CSRD challenge? 🔴 Episode 3 - Water and Marine Resources Continuing our series on mapping activist campaigns to the ESRS taxonomy, we now turn our attention to water and marine issues. Our analysis provides insight into the relative materiality of water and marine-related issues for different industries, as indicated by civil society activity. Here are some key themes and narratives around water and marine issues from the past two years: ➡️ Water Scarcity and Sustainable Management Environmental groups are highlighting increasing water stress in many regions, demanding better water management practices from companies and countries such as Spain and Portugal. There's growing pressure for sustainable water use, especially in agriculture and industry. ➡️ PFAS Contamination in Water Sources There's mounting concern over PFAS contamination in water bodies. Campaigners are calling for stricter regulations on PFAS use, improved water treatment technologies, and holding companies accountable for PFAS pollution, with companies such as Chemours and Shaw Industries facing legal challenges over PFAS pollution. ➡️ Marine Pollution and Biodiversity Protection Activists are intensifying campaigns against ocean pollution, particularly plastic waste, deep sea mining and chemical runoff. There's increasing pressure on companies to adopt circular economy practices and reduce their impact on marine ecosystems, with companies such as Equinor, Aker and TotalEnergies accused of using the North Sea as a "dumping ground". Key observations: 👉 Rising emphasis on corporate water stewardship and transparency in water usage reporting 👉 Growing calls for stricter regulations on water pollutants, especially PFAS chemicals 👉 Increased scrutiny of industries' impacts on both freshwater and marine ecosystems Notable regulatory changes 👇 In March 2023, the U.S. Environmental Protection Agency (EPA) proposed the first-ever national drinking water standard for six PFAS chemicals. This rule was finalised in April 2024, marking a significant policy change to regulate "forever chemicals" in drinking water. 🔴 Episode 4 on Biodiversity coming next week! #CSRD

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