Water is quickly becoming a significant business growth and development risk.
In fact, after polling 150 large corporations, CDP Water Disclosure found that nearly 40 percent of responding companies had already experienced disruptions in operations, increases in expenses and other detrimental impacts related to water. Of course, government entities are also increasingly concerned with water-related disruptions, and they’re seeking viable approaches for mitigating risks, as well.
Fortunately, a new group promises to offer the kind of information needed for public and private sector decision-making regarding water risks.
Launched just last week, the Aqueduct Alliance is a consortium of leading water experts from the private and public sectors, NGOs and academia. It was founded by the World Resources Institute (WRI), Goldman Sachs and General Electric, but already the alliance has added Bloomberg, The Dow Chemical Company, Talisman Energy, and United Technologies. The Coca-Cola Company is also engaged and will be providing an extensive global database of once proprietary water risk information to support Aqueduct’s work.
From the alliance’s website: (more…)