A new report released today by non-profits CDP and Planet Tracker reveals how financial institutions are exposed to significant risks posed by depleted and contaminated water supplies -  with US$13.5 billion in assets already stranded and US$2 billion at risk in four key infrastructure sectors due to water issues.

Environmental disclosure platform CDP has released the first-of-its-kind tool, Water Watch: CDP’s Water Impact Index which reveals the world’s most polluting and water-intensive industries. 

In the run-up to the UN’S COP26 international climate change conference which takes place in Glasgow in November 2021, a detailed case study by Holly Kelsey, a Paris-based researcher in sustainable fashion takes an in-depth look at Kering, one of the world’s luxury fashion brands known for its commitment to sustainability.

Waterscan has become the UK’s only accredited water consultancy partner to the CDP in a move which addresses the growing importance and complexity of reporting on water.

A new report is warning that the cost of water risks to business could be more than five times greater than the cost of taking action now to tackle them - and investors are calling for greater transparency and action from companies to address the risks.

Over 300 companies including Anglian Water (the only UK water company to make the A list), AstraZeneca, Danone, Firmenich, HP Inc, KAO Corporation, Klabin S/A, Mars, Symrise AG and Mitsubishi Electric have today been named on this year’s A List by environmental non-profit CDP. This is a major increase on last year, despite the unprecedented challenges posed by COVID-19.

International NGO WWF is calling for a scale up of collective action globally to tackle water risks – especially through engagement with the financial sector around both risk and opportunity.

The number of companies forging ahead with an industry-leading approach to tackling emissions in the supply chain has doubled in a year, according to new research by CDP, the non-profit global environmental disclosure platform, with analysis provided by McKinsey & Company.