Upon completion, the new GEMI Local Water Tool (LWT) will be a free, publically available tool which will help companies to understand their local water challenges.

The new GEMI LWT is being led by three co-chairs from ConocoPhillips, The Scotts Miracle-Gro Company and Global Environment Health and Safety, Diversey.

GEMI chairperson, 3M Environmental Initiatives and Sustainability manager Keith Miller said that the new environmental sustainability tool, the GEMI LWT which, when used in conjunction with WBCSD’s Global Water Tool, will become a major solution tool for companies around the world to address water sustainability challenges and opportunities.

"It is anticipated that this new solution tool will be made be available to the public by early 2012," Miller said.

ConocoPhillips Water and Biodiversity director Karl Fennessey said that this new tool is being designed to encourage businesses to conduct systematic local assessments of their relationship to water, identify specific opportunities and risks associated with this relationship and report key indicators to stakeholders.