Water risks a looming iceberg for global, California business
Posted by: Maven on November 17, 2011 at 8:23 amFrom KQED Climate Watch:
“Companies around the world are beginning to recognize “a significant near-term risk\” to their water supplies, according to the second annual Water Disclosure Global Report released today by the non-profit Carbon Disclosure Project (CDP) in London. But despite the obvious connection, water appears to lag climate as a priority in corporate boardrooms. The CDP report found that a whopping 94% of Global 500 companies that responded have board-level oversight of climate change. Water risks, not so much: just 57% of the respondents to the water disclosure report have board level oversight on those issues.
Who might be interested in such info Three hundred fifty-four institutional investors who signed on to request it, including the California Public Employees Retirement System (CalPERS), the California State Teachers Retirement Systems (CalSTRS) and the California State Treasurer, Bill Lockyer. … “
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