The Water Risk Monetizer, a publicly available financial modeling tool, has just been released with a new revenue-at-risk assessment program. The web-based tool, co-produced by Ecolab and Trucost with aid from their partner, World Resources Institute (WRI), was first introduced in November 2014 to help manufacturers and all water users get a truer picture of their water risks—present and future. The tool is free for all companies that would like to make more informed, responsible water use decisions. It runs on a secure site, is password protected and assures only the user has access to the provided information.

In its expanded form, the tool helps companies address the impact of water scarcity on their ability to operate, generate profit and grow. Not only can the tool be used to address an existing site or facility’s water issues, it also can help users assess potential water issues in making a greenfield site selection anywhere in the world or expanding a facility on an existing site, says Emilio Tenuta, Ecolab VP of corporate sustainability.