Global firms failing to account for looming water risk

Business Green: The corporate response to climate change is significantly more advanced than efforts to address water-related risks, despite the fact that flooding and drought are likely to have a major near-term impact on many firms' operations. That is the conclusion of a major new report from the Carbon Disclosure Project (CDP), which found that only 57 per cent of 190 listed companies have board-level water strategies in place. Moreover, 40 per cent of the Global 500 companies that were approached to provide......

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