Consumer Staples 73%


Response rate: (27/37)


Industries within sector: Beverages: 7 of 8; Food & Staples Retailing: 5 of 10; Food Products: 5 of 8; Household Products: 1 of 1; Personal Products: 4 of 4; Tobacco: 5 of 6


Key findings


1. The Consumer Staples sector is highly engaged with a response rate of 73%.


2. According to respondents, the supply chain is a significant source of risk; the percentage of companies reporting exposure to risk in the supply chain (60%) is the highest among sectors.


3. Many companies in Consumer Staples identify water-related opportunities.


Leading practices


• Compared to other sectors, a higher percentage of Consumer Staples respondents (80%) have set concrete, quantitative water-related targets or goals.


• All respondents in the sector have water-related policies, strategies, or plans, which address a range of issues including understanding water scarcity and quality, maximizing efficiency and recycling/reuse, replenishing local watersheds, investing in supplier and community programs, and engaging external stakeholders.


95%


Able to report water recycling/reuse 36%


58%


Able to identify linkages or trade-offs between water and carbon 88%


72%


Require key suppliers to report water use, risks and management 32%


26%


0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Percentage of respondents


Consumer Staples Global 500


“We are keenly aware that water has the ability to immediately impact our operations.” Molson Coors


Water management and governance Report a policy, strategy or plan


100% 93%


Board-level oversight of policy, strategy or plan 60%


57% Report concrete targets or goals 80% 57%


Report actions to manage resources or engage stakeholders 96%


94% Able to report water withdrawals 100%


Leading practice examples Company Leading Practice


Coca-Cola Company Water strategy development


Diageo L’Oreal 28 Example


Launched global water strategy that addresses water management at each of the company’s 900 bottling plants and extends outside operations to include watershed protection, supporting sustainable communities, and helping raise awareness and inspire action around global water challenges


Stakeholder engagement Water of Life (WOL) initiative aims to provide safe drinking water to communities in need while also improving the company’s license to operate; since 2008, Diageo has launched 150 WOL projects in 15 countries


Goal setting


Established an ambitious goal for factories and distribution centers to reduce water consumption by 50% per finished product between 2005 and 2015


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