Water Stress Hurting More Than 50% of Global Companies, CDP Says

Water stress affects more than half of the world’s largest listed companies, according to the Carbon Disclosure Project, which urged businesses to set targets and increase board oversight to manage a shrinking resource.

In a 185-company survey, 53 percent suffered from water scarcity, flooding, rising compliance costs, regulatory uncertainty or poor water quality in the past five years, up from 38 percent last year, the CDP said today in a report.