Australian institutional investors have for the first time asked 60 publicly listed companies to disclose their water exposure, but are not yet convinced that exposure to water scarcity will have a material impact on investments in the medium term, according to the chief executive of the Investor Group on Climate Change (IGCC).
To enhance the understanding of the IGCC’s institutional asset owner base, this year for the first time the IGCC has sent out a separate survey to 60 of the most water intensive Australian publicly listed companies to gather information on corporate water exposure, said Nathan Fabian.
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