Investor group says big companies aren't reporting on their water risks
February 25, 2010
An investor group called
Ceres, which focuses on
environmental issues in business, has issued a report saying that of
100 publicly-traded companies where water is a major factor in operations, many had little or nothing to say in their disclosures about the potential effects of water quality and availability on their businesses. As Bloomberg reported the story, the main problem may actually be that
no useful standards exist for reporting on water resources in the same way that standards exist for many financial risks. That probably represents a field where improvements ought to be pursued; we have previously noted the trouble posed by water shortages on a
global scale, as well as on a local one in places like the
Republican River basin, the
Platte River valley, parts of the
Corn Belt, and
some of America's largest cities.
One of the ways in which water supplies can be better protected is to enhance the
recycling and reuse of wastewater, which involves
clarification and
filtration products that we can help apply.
last revised February 2010