
69% of companies face ‘substantive’ water risk -CDP33% of financial institutions not assessing riskWater supply shortfall could hit 40% by 2030 -U.N.LONDON, May 5 (Reuters) – Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to assess the potential impact, a report by leading environmental disclosure platform CDP and Planet Tracker estimates.The U.N. has warned of a 40% shortfall in supply by 2030 if water consumption and production patterns do not change and so-called water risk, through flood, drought or pollution, is set to become a growing issue for companies over …
Read more…….