Take action on water: risks and business opportunities
On current economic and population growth trajectories, by 2030 global water supplies will satisfy only 60 percent of demand. In the UK, the south-east of England already has less water available per person than Sudan and Syria. Inefficient use of freshwater, pollution of freshwater sources and excessive extraction is resulting in areas of water stress. Water scarcity therefore poses a material risk to businesses with rising prices, heightened regulation, physical security risks and greater market competition.
- Date published
- January 2011
- Price
- Free
- Water Briefing Note [336kb PDF]
However, responsible water stewardship also presents lucrative business opportunities and those companies that manage their water footprint sustainably have realised benefits such as direct cost savings, new income streams and employee and supplier engagement.
This briefing note covers the opportunities already being seized by companies taking action on water including BITC members: Danone, Northern Foods, Pepsico, Marshalls, IBM, KPMG and Nestle.
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