To mark World Water Day, Bill Baue takes a look at new corporate water risk tools introduced by WRI, Ceres, and GEMI
Source: Bill Baue for the Guardian Professional Network
The term ‘water risk’ is new enough to draw a blank on Wikipedia search, though the concept of measuring and managing water-related risks dates back to antiquity. Egyptian priests in Pharaonic times used nilometers to predict flood or drought from the rise and fall of the Nile. Now, the recent rise of water risk tool launches suggest that the business community is waking up to the physical, reputational, regulatory, and litigation risks around freshwater availability in a warming world. Read more >