Climate change attention shifts to water

07 Nov Climate change attention shifts to water

The Carbon Disclosure Foundation (CDF) published its latest report examining investments across its corporate members. The Global Water Report 2017 notes 535 companies (70%) now have board level oversight of water issues. Diageo, Colgate, Palmolive and Nestle, are now attaching values to water use in order to account for social and environmental costs and benefits. That said, the G20 Infrastructure Outlook suggests that $315bn in additional water infrastructure investment is needed in order to meet global demand including the SDGs by 2017, a gap of $89bn above current forecasts.

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