More than two thirds of 22 ASX100 water-sensitive companies responding to a Carbon Disclosure Project (CDP) request for disclosure on water management identify water as a substantial risk to business, but only 55% report board-level oversight of water-related policies, strategies or plans.
The CDP sent its Water Disclosure questionnaire to 54 companies in the ASX100, while also sending questionnaires to peers in the FTSE Global Equity Index Series (Global500) and the Johannesburg Stock Exchange (JSE). According to the CDP report, Shining the light on corporate water performance, 59% of ASX 100 respondents identify exposure to water-related risks in their direct operations, as compared to 55% of Global 500 respondents and 85% of JSE 100 companies that report exposure to similar risks.
The content you are trying to access is only available to subscribers. There are several options available to you if you want to view this content, from full subscriptions to temporary passes just for this article. Click here for more information.
Latest posts by Rachel Alembakis (see all)
- Government launches inquiry investigating need for Modern Slavery Act - February 24, 2017
- Bendigo and Adelaide Bank launch Socially Responsible Growth Fund - February 24, 2017
- AICD calls for stronger corporate whistle-blower protections - February 24, 2017