Coalition of Environmentally Responsible Economies (CERES)
In collaboration with UBS and Bloomberg, CERES released “Murky Waters? Corporate Reporting on Water Risk” in 2009. The water disclosure practices of 100 publicly-traded companies eight key sectors were ranked in terms of their exposure to water-related risks. The aim was to help investors and companies understand how companies in vulnerable sectors are evaluating, managing, and disclosing water risks in their operations, supply chains, and products. The study found that even for companies operating in sectors and regions of the world facing significant water risk, disclosure of risk and corporate water performance was surprisingly weak – a copy of the report can be downloaded from Resources.