Ecolab and Trucost introduced the Water Risk Monetizer, a no-cost tool to help businesses assess water-related risks in financial terms.
Ecolab and Trucost introduced the Water Risk Monetizer, a no-cost tool that provides data designed to help businesses understand water-related risks and the impact of water scarcity to their facilities, quantify water-related risks in financial terms and inform decision making.
Water scarcity is a constraint to growth for businesses around the world, according to Ecolab. Insufficient access to clean water can significantly disrupt operations, increase costs and curtail growth. Failure to manage water-related risks can result in reduced revenues, higher operating costs, stranded assets and lower investor confidence that can restrict access to capital, or result in higher financing rates or higher insurance premiums.
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