Water management will become one of companies' top environmental priorities in years to come, with supply shortages an increasingly important threat to financial performance, according to a report published by consultants Arthur D. Little last week.
The report urges firms to prepare for these challenges by calculating their water footprint and reduce vulnerability through efficiency improvements. It provides case studies showing how hard companies can be hit by shortages. For example, water scarcity has forced French energy firm EDF to close dozens of power plants, losing it around €300m.
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