Seven hundred of world’s largest companies to carry out water assessment

South Pole Group, a sustainability solutions provider, is partnering with CDP, that operates a global natural capital disclosure system, to carry out the world’s first global assessment of corporate efforts to tackle water security for 700 of the world’s largest companies. According to CDP, the financial impact of worsening water security on sectors and companies is becoming clear. Present information however, on corporate water dependencies, risks and opportunities is weak and inconsistent. The new assessment will aim to provide a methodology to comprehensively assess corporate water management, that has until now been missing. Since 2009, the organisation has been actively requesting water management data on behalf of a large and growing number of institutional investors representing a total of US$63 trillion in assets, reaching out to over 1,500 companies globally.