Water Risk Assessment & Strategy for Lenovo Group Ltd.

Abstract

Clean and reliable water sources are vital for industries and communities; however, water resources are predicted to become more stressed in the coming decades. It is important for private sector organizations, such as Lenovo, to understand their water risk and pursue sustainable water practices. This study assesses the water risks and current management practices in Lenovo’s operations. We confirm that Lenovo’s facilities are exposed to water risks; in particular, flood and drought occurrences are projected to increase due to climate change. Analysis of Lenovo’s CDP Water Security responses show that improvement in disclosure and management practices can increase water stewardship. Additionally, Lenovo’s water stewardship will improve with better monitoring, board oversight, estimating financial impacts from water-related issues, and developing a water policy.