IVL Water Management Strategy:
- IVL is aware of its responsibility, and has adopted a Sustainability Vision and Commitments Framework as part of our new Vision, Mission and Values. IVL being committed has been focusing on integration of responsible water use in our sustainability strategy.
- IVL is committed to a comprehensive Corporate Global Water Strategy, which mandates continuous improvement in water management by assessing and implementing technologies and processes to facilitate responsible use of water in its operations.
Water Risk Management:
We conduct a water sensitivity analysis using the AQUEDUCT Water Risk tool developed by World Resources Institute (WRI) to identify water stress locations. The tool helps us to evaluate change in water demand, water supply, risk from stakeholder and change in regulation based upon current and future condition. Given the tool enable us to foresee the changes to water risk forecasting on 2020, 2030 and 2040, these results had been analyzed and discussed during meeting of risk assessment committee to identify necessary mitigation measures or any initiatives on quarterly basis, where the plants locating in high risk water stress or locating under significant risks to water usage.