60% of world’s largest companies lack long-term water strategy

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60% of world’s largest companies lack long-term water strategy

KPMG International's latest ‘Sustainable Insight' reveals that the majority of the world's largest companies lack a long term strategy in the face of increasing water scarcity.

The report suggests that while most companies are at least discussing the issue in their reports, far fewer are presenting a robust response and offers ways to help executives develop and communicate strategic responses to the global water scarcity challenge.

"Many companies have not yet fully grasped the importance of strategic planning or communication in relation to long term water supply mitigation and use. Investors are becoming more aware of the risks and opportunities that water scarcity represents within their portfolios and are increasingly looking for companies to build responses into their longer-term strategies," said Vincent Neate.

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