CDP Releases Second Annual Water Disclosure Report

For the second year, companies operating in water-intensive sectors or exposed to water-related risks were invited to participate in the annual Carbon Disclosure Project (CDP) Water Disclosure global report. Deloitte and CDP prepared the data and analysis based on the responses.

Data was collected regarding water use, strategies, risks and opportunities from 315 companies identified as operating in water-stressed locations or industry sectors. Participants were selected from the Global 500, and for the first time this year, from the Australia 100 and South Africa 100.

According to the 2011 report, 57% of the 190 companies that participated in the survey reported board-level oversight of water policies, strategies, or plans. By comparison, a report released by CDP in September showed that 94% of Global 500 companies reported board-level oversight of climate change.
   
Over half of the companies (59%) reported exposure to water-related risks, such as flooding, scarcity, and reputation damage. The majority of the risks are near term: 64% of risks in direct operations and 66% of risks in the supply chain are identified as occurring between now and 2016.

Illustrating the urgency of water risk, more than one-third of responding companies (38%) have already experienced water-related business impacts, such as disruption to operations from severe weather events (e.g., flooding) and water shortages.
 
For more information, visit http://www.cdproject.net.

More News:

  • Crystal Ink Detects Funny Money

    New photonic crystal ink developed by a team of Chinese researchers reveals intricate patterns when breathed on, making it extremely hard for counterfeiters to reproduce.

  • IChemE Introduces New Academic Journal

    Sustainable Production and Consumption (SPC), a new academic journal from the Institution of Chemical Engineers (IChemE), in partnership with Elsevier, will launch in 2015 and focus on the importance of sustainability in sectors as diverse as retail, tourism, transport, health, food, energy, construction and the chemical and process industries.

  • Eastman Completes Taminco Acquisition

    Eastman Chemical Company completed its acquisition of specialty chemical producer Taminco Corporation.

  • Vertellus Acquires Dow SBH Business

    Vertellus, a producer of specialty chemicals for the life sciences sector and other industrial applications, signed a definitive agreement to acquire the sodium borohydride (SBH) business, including associated assets, from The Dow Chemical Company.

  • Energy Dept. Awards Pitt Grant To Improve Power Plant Safety

    The U.S. Department of Energy has tapped the University of Pittsburgh’s Swanson School of Engineering to help improve nuclear power plant safety.

  • NABE Forecasts Accelerated Economic Growth In Coming Year

    Economic growth is expected to accelerate in 2015, according to the December 2014 Outlook Survey from the National Association for Business Economics (NABE).

  • CHF Exhibit Features 15th Century Alchemical Manuscripts And Art

    Books of Secrets: Writing and Reading Alchemy, a new exhibit of alchemical art and documents, opened December 5 in the Museum at the Chemical Heritage Foundation (CHF).

  • AIChE Honors Stuart L. Cooper With Founders Award

    The American Institute of Chemical Engineers (AIChE) presented the Founders Award for Outstanding Contributions to the Field of Chemical Engineering, to Stuart L. Cooper, professor and chair of the Department of Chemical and Biomolecular Engineering at The Ohio State University.

  • Economic Reports Show Positive Week

    Economic reports were positive this week for the most part, according to Weekly Chemistry and Economic Trends report from the American Chemistry Council.

  • ACS Names New Executive Director

    Retiring DuPont executive will take helm

All news »

What are your comments?

Join the discussion today. Login Here.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments