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Good financial planning helps a business to understand its financial situation and needs and to persuade investors or lenders to support it.
Banking & Payments Federation Ireland (BPFI) and the Consultative Committee of Accountancy Bodies-Ireland (CCAB-I) have prepared Business Planning Guidance.
This information provides an insight into the business's past, current and future performance. This information is used to assess the overall financial position of the company and its owner.
Despite recent scrutiny of some large corporations that rely heavily on water resources, it seems many companies are still falling short in managing and disclosing water scarcity risks. The report evaluates and ranks water disclosure practices of 100 publicly traded companies in eight key sectors exposed to water-related risks. The report uses a scoring scale of 0 to 100 with the three highest scoring companies being UK beverage company Diageo, Swiss mining company Xstrata and U.S.
The report assesses companies in eight different sectors: beverage, chemicals, electric power, food, homebuilding, mining, oil and gas and semiconductors. Only 21 companies disclose targets to reduce water use, and even fewer – just 15 companies – had goals to reduce wastewater discharge.
Only 17 companies report local-level water data and only a handful provide the information in the context of operations in water stressed regions.

This entry was posted in Environmental Risk, Risk Management, Supply Chain, Water and tagged Bloomberg, Ceres, UBS, Water Scarcity by Emily Holbrook. Emily Holbrook is the executive managing editor for National Underwriter Life & Health and the former editor of the Risk Management Monitor and Risk Management magazine.
This is an area which I thought would have been looked into with a great deal of responsibility!
Tags: employee performance, management skills, managing employees, performance appraisal, performance management.
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Keep your job search up-to-date!Signup now and never miss out on job search trends you need to know! So if you are ready to prepare for your adventure and you need some help, you’ve come to the right place. The information will help to indicate how the business will repay existing or upcoming debt over the medium to long term. It takes into account the property assets of the owner, any savings or investments, as well as any loans or other liabilities.
That’s according to a recent report issued by the Ceres investor coalition, the financial services firm UBS and financial data provider Bloomberg.

The report shows that many companies are not including material water risks and performance data in their financial filings, nor are they providing local-level water data, particularly in the context of facilities in water-stressed regions. Investors have been increasingly critical of companies that do not disclose environmental, social and governance risks they may face.
Its not good to read this and for sure proves that employers can fall short in looking out on this kind of potential problem that could arise. It is crucial to state the assumptions behind any forecasts and to clearly explain why these are reasonable. Moreover, none of the 100 companies are providing comprehensive water data on their supply chains, an especially glaring omission given that the vast majority of many corporations’ water footprint is in the supply chain. It is nice to see that this report offers a bit of guidance for those companies wanting to be more transparent with such risks.

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