A new report from independent research firm EIRIS has concluded that only a tiny fraction of large global companies are taking action on managing water scarcity. Among the findings are that 54% of 2,000 global companies are exposed to water risks, but only 0.22% have adequate management systems, policies and reporting mechanisms in place to tackle the risks.
"The era of cheap and easy access for water is coming to an end for companies", says the EIRIS analyst. "This poses a potentially greater threat to business than the loss of other natural resources, including oil, yet the majority of companies and investors remain unaware of the risks they face." Read more
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