Ceres, Inc. reposted this
This year, many industries across the economy experienced negative financial impacts due to extreme droughts and flooding. But companies and investors can help avert these looming threats by acting with ambition and urgency. Through the #ValuingWaterFinanceInitiative, investors have been supporting large companies to more responsibly manage water, thereby minimizing financial risks in the face of growing water scarcity and pollution. To do this successfully, businesses need to bridge significant gaps: = Tackle water risk in supply chains – For many sectors, supply chains account for the vast majority of the water companies use. = Cut water pollution - In addition to running the risk of not having enough clean water to operate, companies that pollute water risk fines, penalties, clean-up costs, and reputational damage. - Protect freshwater systems - The economic value of water and freshwater ecosystems is immense: about $58 trillion annually, equivalent to 60% of global GDP. Read more about this in my latest Forbes column with some examples of companies that are leading the way. https://lnkd.in/eQKUivPr