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CWR was launched in 2011 to foster efficient and responsible use of China’s water resources by engaging the global business and investment communities in understanding and managing China’s water risk. Since industrial and agricultural sectors in China are the largest polluters plus account for over 80% of national water use, the vision then was to create “an investment and corporate universe that understands and responds to the inherent environmental and business risks of China’s water crisis, working together to ensure sustainable use of water resources”.
We have come far. We have moved from little to no awareness in the investment and financial community of water risks to their recognition and quantification. The fast-moving regulatory waterscape in China has also helped in shifting attitudes as policies innovations have made such risks imminent and material. We would like to think CWR played a part in forming this ‘new norm’ in both policy-making and the financial space.
Today, CWR leads the global water risk conversation with proprietary research including co-publishing policy briefs with government-related bodies in China and beyond. Reports we have written for financial institutions have been considered ground-breaking in the understanding of sectoral water risk. See our milestones below.
Although our work has been focused in China, we have seen our utility grow beyond. The deep-rooted global supply chain in China has provided us with a unique opportunity to leverage our knowledge and insights into the evolving regulatory landscape to achieve an “ecological civilization” in a Beautiful China. These regulations have global impact and could transform global attitudes and accelerate shifts in business models toward more sustainable ones; the ban on plastic waste imports is case and point. See Regulations and our focus area Business Unusual.
Less obvious is China’s recognition that the environment including water, poses a material risk and that these risks will likely rise in the future. Already, Chinese banks are stress testing their loan portfolios against the new regulations. In this regard, we are pleased to be invited to participate in the Task Force on Environmental Risk Analysis and to be a founding member of Hong Kong’s Green Finance Association; both led by Dr. Ma Jun of the Monetary Policy Commission of the People’s Bank of China. See our focus area Water Risk Valuation.
Water risks know no borders and we have come to realise that our work can also help other countries in Asia rethink water and development. Given Asia’s urgent and pressing water challenges, lessons from China can be shared and learned. All these could help Asia leapfrog ahead and effect the paradigm shift in business practices. See our focus area Water-nomics.
Our key milestones are set out below
CWR delivered a keynote at Kering’s Sustainability Forum in Paris
The co-authored article is entitled, “Evaluation of Water Resource and Water Environment in the Yangtze River Economic Belt and Relevant Policy Strategy” (长江经济带水资源水环境指标评估及对策)
You can watch the video on CWR’s Notice page on the CWR-Bloomberg exchange
CWR’s Chinese textile survey report was used as the basis to build the “Wastewater 101 Toolbox” for the fashion industry
HKGFA believes there is a golden opportunity for green finance to play a role in accelerating the green transformation. CWR presents on the water & climate risks that finance needs to be on top of
The summit convenes senior leaders in business, govt, NGOs & academia from around the world. CWR spoke in the opening plenary, “Reviving the Yangtze””, as well as moderated the panel, “The Future of Water”
Rampant pollution in China’s socio-economic powerhouse, Yangtze River Economic Belt, has led the nation to unleash multiple policy innovations to green the river that could bring shocks and opportunities globally
CWR guest authored this report for CLSA U®, which shows that water risks and climate threats could sink the GBA region’s dreams of huge GDP growth as early as 2030
The ministerial conference on “Energy Transition And Climate-Resilience Development”, focused on opportunities & challenges to achieving Paris Agreement NDCs through energy transition
In this webinar, speakers from CWR, AIGCC and Manulife discussed key findings from their recent joint report – Are Asia’s Pension Funds ready for Climate Change?
In this event, CWR presented key points on how Asian pensions funds are exposed to water & climate risks; based on the CWR-Manulife-AIGCC joint-report “Are Asia’s Pension Funds ready for Climate Change?”
Investment portfolios of Asian asset owners are uniquely exposed due to their high domestic investment concentration, putting the continent’s savings at risk, says the new report
CWR was invited to sit on the panel, “Global Climate – Overview: Impacts of Global Climate Change on Business”
This afternoon forum was open to the public and included a presentation on our new report “No Water, No Growth”, as well as a panel and Q&A with global water & development experts
CWR organised this half-day invite-only lab for 40+ leaders to innovate solutions to water risks that threaten Asia’s growth, with the help of global water & development experts
One in every 2.5 Asians live along Asia’s 10 key rivers and over USD4 trillion is generated in these basins, but there is little conversation on the threats to Asia’s Water Towers. The report seeks to catalyse such conversations.
CWR was selected to host an event, which was entitled “Asia Water-nomics: More GDP with Less Water & Pollution”
CWR presented and was a supporting organisation of the Forum at Aquatech Shanghai
With China tentatively moving to mandatory environmental disclosure by 2020, we take stock on the E in ESG disclosure in China
We co-hosted with AWS & TPB and held at Deloittes, “Waterproofing Water & Climate Risks In The Property Sector”
CWR, invited by Dr Ma Jun (GFC head), co-authored the water risk chapter of the the 1st-ever book on environmental risk analysis by financial institutions
CWR was invited to contribute to the new UN publication “A Better World – Volume 3: Ensure Access To Water & Sanitation For All”
CWR guest authored this report for CLSA U®, which we presented on at the CLSA conference & conducted one-on-one investor
CWR co-hosted with the C&A Foundation “Clean and Circular: The Future of Made In China Fashion”; our 4th year at Stockholm
With over 100 survey responses in just two weeks, this is a true on-ground reflection
CWR was commissioned by Bluetech to write “Power In China: Opportunities & Drivers In The Water Technology Market”.
AWS & CWR to jointly promote good water stewardship In Chinese river basins
Other members include China Green Finance Committee, PBoC & more
We co-hosted a discussion on “Quantifying asset exposure in an era of environmental risk”
CWR co-hosted with IASS & GWP “Making sound energy choices today to achieve water security tomorrow”; our 3rd year at Stockholm
This report has been used banks as a guide to value their water risk & we presented key findings to the PBOC
CWR attended the Summit that is part of Singapore International Water Week, which CWR was a supporting organiser of
This report helped place the rare earths risks discussion at the UNPRI 2016 conference
This collaboration expands on CWR’s earlier work on trade-offs within the water-food-energy-climate nexus
This brief was presented at the IRENA board meeting, as well as various ministerial meetings.
CWR partnered with WRI & the Ningxia Development Research Center to analyse water resources profiles & management and current water use patterns in Ningxia province
This report was reported on by various mainstream media, as well as extensively covered by Mainland China media; raising questions on the future of drinking water.
The report was picked up by various mainstream media
Although CWR did not win, we were pleased to see the impact of our work – CWR was the only finalist that was not from industry.
CWR co-hosted with HSBC the event “Rethinking water for growth: balancing trade, resource allocation & economy”. We were also invited to be a Lead Rapporteur again
This report is the 3rd in the “No Water” series, where CWR was commissioned by HSBC Climate Change Centre
We were invited to join thanks to CWR’s work on pollution in the textile sector
In addition to media, the report was recognized by water experts and was well received within China
Our event with Xiamen Uni. Law School & China International Water Law was titled, “Tackling Asia’s Transboundary Water-Energy-Climate Challenge – What’s law got to do with it?”
CWR with Chinadialogue release a new report on the true status of China’s urban & rural drinking water
CWR was invited to join the partnership initiative
CWR was invited to participate on the panel “High Urban Risks to Asia: Coastal Flooding, Storm Surge, Water Scarcity & Drought”
Panelists include the CEO of China Everbright, the Executive Chairman of Sound Global & others
CWR guest authored this report for CLSA U®, presented at the CLSA conference & did follow-up investor meetings. The report led to CWR being nominated by the fashion industry for the GLASA award
CWR was invited to deliver a keynote on “Water & Power” and participate in panels with water laureates. The prize is given out by its patron, H.M. King Carl XVI Gustaf of Sweden.
CWR was a lead rapporteur at World Water Week & presented in the closing plenary to >250 people & live-streamed
We co-convened at event on the water-energy nexus with ADB, WRI, HSBC & BGS, delivered a keynote & presented in the closing plenary
The programme, managed by HK Productivity Council, aims to help major water-consuming industries to achieve better water management.
This was the first Industrial Leaders Forum China in Shanghai.
This is the 2nd in the “No Water” series that HSBC Climate Change Centre commissioned CWR to research & analyse
The event was co-hosted with Coutts Bank and ADMCF. Various aspects of water risk & philanthropic opportunities were explored
CWR invited to give the keynote and give away the China Corporate Water Stewardship prize to Swire Pacific
CWR presented on “Dangerous Waters” for the Royal Geographic Society members & guests
CWR guest authored this report for CLSA U®, which we presented on at the CLSA conference & conducted one-on-one investor meetings
Thank you to our readers, contributors and of course funders!
This was the first ever report to question whether there was enough water to fuel China’s power expansion
The case study looks into saving water and money at the same time with water audit and savings action plan.
CWR sat on 2 panels – “Is food China’s next big import” & “China’s real liquidity crisis: Water”
CWR spoke on the significant & various water risks business & fiance face
We co-hosted the event with the Business Environmental Council & Climate Change Business Forum
WWF & DEG Launch Water Risk Filter. CWR named as a knowledge resource
CWR quoted extensively in the article “Business caught in grip of mainland water crisis”
We co-hosted the investor & business event with the British Consulate-General HK & ASrIA
CWR was sourced in this report
CWR gave the key lunch talk “Liquidity Crunch of the Real Kind?”
Prior to the website going live, CWR was invited to present at events with BNP Paribas & HSBC