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BHP has announced new asset-level context-based water targets in honour of world environment day.

Efforts to reduce greenhouse gas emissions can be tracked globally by measuring tonnes of carbon dioxide equivalent released into the atmosphere, but there is no single agreed metric to measure water risk and performance.

“There is growing acceptance that measures chosen for reporting on water should reflect the local context,” BHP said.

BHP’s new context-based water targets have been set for many of its operated assets and will support its water stewardship position statement, which covers its vision for a water secure world by 2030.

It has been developed to reflect the United Nations Global Compact CEO Water Mandate guide on setting site water targets informed by catchment context.