U.K.’s Fossil Fuel Flirtation, The Biomass Debate, And Why Companies’ Sustainability Strategies Must Include Water

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This week’s Current Climate, which every Saturday brings you a balanced view of sustainability news.

between those who support it as a form of low-carbon emissions energy production and those concerned about its impact on forests, air quality and human health.Science needs to embrace an “engineering with nature” mindset, a solutions-first approach to using natural infrastructure such as wetlands, farms and aquifers to construct water security for everyone,As companies focus on sustainability action, they’ll need to consider more than just reducing their greenhouse gas emissions.

We’ve seen some good progress and there's an upward trend. Seventy-one percent of the companies we benchmark now consider water risks as part of their major business planning activities, and that's up from 58% two years earlier. That said, there's still a long way to go. In particular, the report found that within agricultural supply chains, we just aren't seeing enough focus and progress. That's where we really see the largest water footprint.

Both are important factors to consider. Water risks impact the bottom line for companies, and so we've done a lot of work with institutional investors, engaging with companies, and pointing them in the right direction to better manage water. Companies should carry out assessments to understand the local water conditions before they make capital expenditures, or as they're looking to prioritize their water management activities.

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