In this edition of Sustainable Insight, we explore how the world’s major businesses are setting out their approaches to water scarcity via their key communication vehicles on corporate responsibility (CR) and sustainability.
- The report finds the majority of the world’s largest companies (60 percent) do not yet demonstrate a long-term strategy to deal with water scarcity in their CR reporting.
- Results vary by country. Of those that produce a CR report, 95 percent of Indian companies, 69 percent of Spanish companies and 66 percent of UK companies include specific plans to reduce water usage. This contrasts with just 24 percent of Chinese companies and 27 percent of Japan-based companies.
- While three quarters of the world’s largest 250 companies address water issues in CR reports in some way, only a few report on the water footprint of any part of their supply chain, and none has reported on the water footprint of its entire supply chain.