Yes, stakeholder pressure can influence the extent of corporate water disclosure in water-sensitive industries.
Stakeholders, such as investors, customers, employees, and communities, are increasingly interested in understanding a company's water management practices and the impact of their operations on water resources. Stakeholders may use various methods to pressure companies to disclose their water usage, such as through public campaigns, shareholder resolutions, and engagement with management.
As a result, many companies in water-sensitive industries are recognizing the importance of disclosing information about their water management practices and are increasing their level of disclosure in response to stakeholder pressure. This includes disclosing information about water usage, water quality, and the impact of their operations on water resources.
In addition to stakeholder pressure, regulatory requirements and industry standards can also influence the extent of corporate water disclosure. For example, in some regions, companies are required to report on their water usage and discharge, and industry associations may develop standards and guidelines that encourage greater disclosure of water-related information.
Overall, stakeholder pressure is one of several factors that can influence the extent of corporate water disclosure in water-sensitive industries, and companies that are responsive to stakeholder concerns are more likely to be viewed as socially responsible and sustainable by their stakeholders.