UK, Europe, A
Pharmaceutical firm AstraZeneca takes a risk-based approach to water with information at its core. It assesses global water stress, identifies local water risks and prioritizes site-based mitigation efforts to reduce future risk. All its water-stressed sites are required to work with local authorities to ensure sustainable water levels are maintained, while knowledge is shared across its operations on a quarterly basis, helping to expand its impact. Through this use of data collection, the company can set local environmental standards, while through its sponsorship of research into the environmental impact of pharmaceuticals it is able to stay at the forefront of understanding on the effects of climate change, water stress and other environmental factors on its future operations.