Introducing Corporate Water Stewardship in the Context of Global Water Governance
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Water has become a material business risk. Using this fact as a springboard to leap into a discussion around corporate water engagement, this introductory chapter sets out the basic ideas around Corporate Water Stewardship: A term embodying a range of different actions taken by corporate water users to mitigate water risks and enhance collective water security. The chapter places these activities in the broader context of a global water governance regime and suggests that despite a rapid proliferation of corporate interest in water issues, corporate water stewardship has received limited scholarly attention. As a result, the effects of corporate activities and decisions are, as yet, insufficiently understood. This chapter sets out the objective of the book to address this gap by providing an in-depth empirical and conceptual analysis of why companies engage with water issues, how they engage, and the effect their actions have on the norms and practices promoted by the global water governance system. Using these three questions to structure the book in its three parts – Incorporation, Involvement, and Influence – the final part of this introductory chapter provides an overview of the book’s methodological approach, and the subsequent chapters.
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