Some Companies Using Lots of Water Want to be More Sustainable. Few Are Close to Their Targets

  • 📰 NEWSMAX
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 71%

Business News News

Major corporations in waterguzzling industries such as clothing, food, beverage and technology want to be better stewards of the freshwater they use especially as drought, floods and other extreme weather intensified by climate change threaten their supply chains. But of...

WASHINGTON — Major corporations in water-guzzling industries such as clothing, food, beverage and technology want to be better stewards of the freshwater they use — especially as drought, floods and other extreme weather intensified by climate change threaten their supply chains. But of 72 companies ranked by a sustainability nonprofit over the past year, few are close to achieving their 2030 targets.

Ceres said the companies were chosen from the four sectors based on factors including size and their impact on water. They were ranked based on a variety of factors, including commitments to protect the quantity and quality of the water they use, as well as the ecosystems that supply it. They were also assessed on whether they helped improve access to water and sanitation in communities where they do business.

But the company didn't say how likely it was to reach that target, nor how much progress it has made. Coca-Cola also said manufacturing its product isn't where most of its water footprint lies; rather, it's in growing what goes into it. Tech companies like Amazon and Apple, meanwhile, need large amounts of water to cool the computers in their sprawling data centers. Both companies checked in below 20% progress toward their goals. The report didn’t detail companies' performances on the various indicators.

Mary Jane Melendez, the company's chief sustainability global impact officer, said 85% of the company's water use is in agriculture. And extreme weather in the U.S. has affected the company in recent years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Over half of employees have no idea how their companies are using AIWorker fears about AI run highs, and it might help if companies were more open about how they are already using the technology.
Source: NBCLA - 🏆 319. / 59 Read more »

Over half of employees have no idea how their companies are using AIWorker fears about AI run highs, and it might help if companies were more open about how they are already using the technology.
Source: NBCDFW - 🏆 288. / 63 Read more »

Over half of employees have no idea how their companies are using AIWorker fears about AI run highs, and it might help if companies were more open about how they are already using the technology.
Source: CNBC - 🏆 12. / 72 Read more »

Some companies using lots of water want to be more sustainable. Few are close to their targetsMajor corporations in water-guzzling industries such as apparel, food and beverage, and tech want to be better stewards of the freshwater resources they use.
Source: wjxt4 - 🏆 246. / 63 Read more »

Some companies using lots of water want to be more sustainable. Few are close to their targetsMajor corporations in water-guzzling industries such as apparel, food and beverage, and tech want to be better stewards of the freshwater resources they use.
Source: ksatnews - 🏆 442. / 53 Read more »