Comparing Apples with Apples: A Common Water Accounting Framework for Better Investment Decisions 2019 | Principles for Responsible Investment (PRI) | 11 September 2019 | Palais des congrès de Paris, 2 Place de la Porte Maillot, 75017 Paris, France

The PRI is convening this session with the UN Global Compact CEO Water Mandate and World Resources Institute (WRI) to give institutional investors an opportunity to provide feedback and shape the scope of an initiative to develop a simple common water accounting framework which can be applied by all water users, in all water contexts – including business, water utilities, cities and communities. There remains no simple, consistent method for all stakeholders to communicate their water needs and practices, leading to misunderstanding and misalignment. Simple and consistent water accounts are also fundamental to many broader initiatives focused on managing water risks and demonstrating water investment returns – e.g. climate scenario modelling, corporate disclosure and TCFD and measuring progress towards the SDGs.