The contemporary Indian social, demographic context is witnessing steady rise in demand over water resources and experiencing crunch in its access and availability, clubbed with livelihoods challenges never before. On the contrary, meager policy instruments, inadequate institutional capacities and lack of machinery in place to address or ensure sustainability of its resources. Thereby, situation/s leading for exploitative, competitive demand among representative stakeholders for access, and stake over natural water resources.
These situations are often resulting in equating with rights, posing serious threat to long-term sustainability concerns and challenges more specifically for water resources. Further to given context, allocation priorities (political decisions) are often undergoing rapid changes. Such social environment may hamper business goals and growth potentials, unless strategically aliened and engaged with community, and key stakeholders, by managing social visibility through equitable and sustainable social benefits.
Therefore, our water based industries are required to demonstrate water stewardship and sustainable process in equating with resources along with community and key stakeholders. The social /philanthropic - CSR base needs to re visited and aligned and equipped with social processes effective to engage, converge, build sustainable linkages consistently.
Common concerns of water intensive industries:
Common social interventions/mitigation measures:
Conclusion: This paper has made serious attempt to present, diverse and strategic importance of Social Risk Management (SRM). The Weston India, also houses required expertise, competencies and skills to deliver customised services for water intensive industry.
Vijay Bhaskar
Manager – Sustainability,
Weston Solutions
Vijay.bhaskar@westonsolutions.com