December 19, 2014
FRESNO, Calif. (AP) - With many companies becoming more conscious of their carbon footprint, a new report says they also should do more to track their "water footprint."
The report released Thursday by the nonprofit Pacific Institute says shareholders will want to know about how much water a company uses to gauge whether businesses are ready to confront global climate change.
The recommendation is based on a survey of 121 companies in the
most water-intensive industries to see what kinds of information
they disclose about threats to their water supply.
The reports warns that the technology, farming and bottling industries already have lost millions because they didn't forsee that water shortages tied to global warming would make their supplies less reliable.