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Help May Be on the Way for Industry’s Water Challenges

Help May Be on the Way for Industry’s Water Challenges

A large proportion of US companies may not be aware of the risks that face their businesses in terms of water challenges, according to the CDP. Just 34% of companies responding to a CDP survey in 2016 had undertaken a water assessment that included both direct operations and supply chain. … Read more »

Water Risk Tool Focuses on Mining Sector

Water Risk Tool Focuses on Mining Sector

Water availability is increasingly recognized as a material risk for many businesses. To address this, Bloomberg and the Natural Capital Declaration have launched a tool that enables analysts to incorporate water risks into company valuations across the mining sector. The Natural Capital Declaration is a global finance-led initiative supported by … Read more »

How Buildings Can Achieve Water Neutrality

How Buildings Can Achieve Water Neutrality

Sustainability engineering and planning firm Brendle Group has launched a building scale software water management toolkit to achieve water neutrality. The software tool — the firm says it’s the first of its kind — is part of Brendle Group’s Net Zero Water Initiative. The toolkit is free to download; Brendle … Read more »

Water Scarcity Puts Revenue At Risk

Water Scarcity Puts Revenue At Risk

The Water Risk Monetizer, industry’s first publicly available financial modeling tool that enables businesses to factor current and future water risks into decision making, now provides users with insights into how water scarcity impacts revenue. The free tool’s new assessment helps water-dependent businesses better understand the full value of water … Read more »

Which Food Companies Have Best — and Worst — Water Management?

Which Food Companies Have Best — and Worst — Water Management?

Major US food companies need to adopt far stronger water management practices to use limited global resources more efficiently, according to a report by nonprofit advocacy group Ceres. The report, Feeding Ourselves Thirsty: How the Food Sector is Managing Global Water Risks, ranks the nation’s 37 largest food companies on … Read more »

CDP

CDP Selects WSP for Pilot Water Consultancy Partnership

The Carbon Disclosure Project has selected WSP Group, a Canadian-based engineering professional services consulting firm, to serve as one of two US consultancy partners for its pilot water consultancy partnership. CDP launched the water consultancy partnership this year with a goal to better support company engagement with and improvement of … Read more »

CDP: 68% of Businesses Report Water Risk Exposure

CDP: 68% of Businesses Report Water Risk Exposure

Two thirds of the world’s largest companies — including Merck, Unilever and H&M — are reporting exposure to water risks, some of which have potential to limit growth, according to CDP’s latest annual global water report. The report finds that 68 percent of businesses report exposure to water risk, which … Read more »

Water Risk Monetizer

Ecolab, Trucost Launch Water Risk Monetizer

Ecolab and Trucost today launched a free tool to help businesses assess water-related risks in financial terms and enable more informed decision-making. The partners say the Water Risk Monetizer is a first-of-its-kind tool and the information it provides can help businesses around the world better understand water risks and the … Read more »

Water Shortage Puts Companies, Investments at Risk

Water Shortage Puts Companies, Investments at Risk

Both US assets and entire companies — including UNS Energy, Black Hills Corporation, MGE Energy and Sempra Energy — are at risk due to choices soon to be made over whether to use water for crop production or electricity generation, according to a report from MSCI’s Environmental, Sustainability & Governance … Read more »

Ecolab Extends Water Management Commitment

Ecolab, working with the World Wildlife Fund (WWF), has signed on as a founding partner of the Alliance for Water Stewardship (AWS) to support the launch and implementation of the International Water Stewardship Standard, a global framework to promote sustainable water use. AWS announced the standard in April at the … Read more »

60% of Companies Say Water Will Affect Future Profitability

60% of Companies Say Water Will Affect Future Profitability

Most companies believe water challenges will significantly worsen in the next five years, according to a survey of major US corporations by the Pacific Institute and VOX Global. However, the majority of companies surveyed do not appear to be planning to scale up their water risk management practices — about … Read more »

WRI Ranks Countries’ Water Stress

WRI Ranks Countries’ Water Stress

Thirty-seven countries face “extremely high” levels of water stress, using more than 80 percent of their available water supply every year, according to the World Resources Institute’s water stress rankings. This means that more than 80 percent of the water available to agricultural, domestic and industrial users is withdrawn annually, … Read more »