Water risks still 'invisible' to finance sector, says ING
Commercial banks are struggling to overcome a communications barrier with businesses to gain insight into portfolio risks specifically associated with water, according to Dutch bank ING's vice president for sustainable finance Ambika Jindal.
World Water Week: 10 shocking facts about the global water crisis
As research released for World Water Week (27 August - 1 September) warns that more than 100 cities face flood-related risks similar to those currently being felt in Houston, edie dives deep into the data to pull out 10 alarming statistics which underline why businesses must act NOW.
Businesses urged to 'wake up' over £11bn water risks
Businesses have been issued a "wake-up call" by a new CDP report which revealed that water risks fuelled by climate change cost the private sector $14bn (£11.3bn) over the last year.
Liquid assets: Strengthening the business case for water management
With global water supplies running dry at an alarming rate, edie's Matt Mace hears from some of the private sector's leading lights on tackling water scarcity to uncover the business case that lies beneath the surface.
Businesses urged to view water as economic risk rather than environmental issue
Efforts to combat water scarcity are "absent from the portfolios" of investors, and it is now the responsibility of the private sector to step up water efficiency practices to build understanding that water is an economic risk as well as an environmental one.
World's best-performing companies on water security revealed
Ford, Colgate Palmolive and Toyota have been named as some of the best-performing companies on water security in the first global ranking of corporate water stewardship from CDP.
Carney warns of risks from climate change 'tragedy of the horizon'
Mark Carney, the governor of the Bank of England, has warned that climate change will lead to financial crises and falling living standards unless the world's leading countries do more to ensure that their companies come clean about their current and future carbon emissions.
Global investors urge food firms to address rising water risks
Investors managing more than $2.6trn in assets have sent joint letters to 15 international food and drink companies amid growing concerns over water security and pollution.
Golden State: How California is surviving its worst drought in history
California remains in the claws of the longest drought in the state's history, placing unprecedented strain on the its water supplies. But could the scramble to save water actually help the state in the long run?
Food and dairy industries report water intensity improvements
The UK dairy industry and food and drink manufacturers have made significant steps towards improving water efficiency, according to a new report published today (6 July).
New water benchmarking scheme targets 'forgotten utility'
Britain's first national water benchmarking scheme has been launched, allowing businesses to reduce water usage by an average of 30% and regain up to £500m in lost annual revenue.
Halting Deforestation and Achieving Sustainability
Now is a critical moment to pause and consider how the current attention to “deforestation-free” sourcing can support the broader goal of protecting Earth’s natural ecosystems while sustaining a growing population and supporting equitable development.
Lord Smith to lead public-private UK Water Partnership
"There's nothing more important than water," proclaimed the former head of the Environment Agency, Lord Chris Smith, who is chairing a new public-private body to promote resilience, innovation and growth in the UK water sector.