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 bythreaten their supply chains. But of 72 companies ranked by a sustainability nonprofit over the past year, few are close to achieving 2030 goals set by the nonprofit.
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.
“The agricultural ingredients that we use use vastly more water to produce than the actual manufacturing process,” said Michael Goltzman, vice president of Coca Cola and a sustainability head. “And it doesn’t really matter where you are in the world.” 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.
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