- Title: NGO lists industries most polluting and wasteful of water
- Date: 25th August 2021
- Summary: LONDON, ENGLAND, UNITED KINGDOM (AUGUST 25, 2021) (REUTERS) (SOUNDBITE) (English) GLOBAL DIRECTOR OF WATER SECURITY AT CDP, CATE LAMB, SAYING: "Companies in the financial sector themselves, companies in the fossil fuel, the apparel and the food sectors represent the greatest impact on freshwater resources worldwide. It's not necessarily new information for any of us have been working in in the sector for some time but for financial institutions themselves, who as I said earlier are not necessarily that well-informed on the issues, this is going to provide a breakthrough moment for them to be able to figure out who which companies in their portfolios offer the greatest chance to deliver the outcome that we are looking for."
- Embargoed: 8th September 2021 17:53
- Keywords: NGO Water fashion oil and gas pollution water wastage
- Location: LONDON, ENGLAND, UNITED KINGDOM, TANGSHAN, HEBEI PROVINCE, CHINA, SURENDRANAGAR, GUJARAT, INDIA INTERNET, BOULDER CITY, NEVADA, UNITED STATES,
- City: LONDON, ENGLAND, UNITED KINGDOM, TANGSHAN, HEBEI PROVINCE, CHINA, SURENDRANAGAR, GUJARAT, INDIA INTERNET, BOULDER CITY, NEVADA, UNITED STATES,
- Country: United Kingdom
- Topics: Pollution,Environment,Europe
- Reuters ID: LVA003ERS45DZ
- Aspect Ratio: 16:9
- Story Text: Clothing and fossil fuel firms are the worst offenders when it comes to polluting and wasting water, an NGO has found, publishing a list it hopes will help financial industries make more responsible investments.
CDP, a data analysis non-profit, said they analysed more than 200 activities across firms from different sectors. Along with the clothing and fossil fuel sectors, cotton and livestock farming were also culprits.
Companies control or influence around 70% of the world's usesable water either through their direct operations or through they supply chains, Cate Lamb of CDP told Reuters.
The consequences of polluting activities were recently highlighted in a report by Water Witness International. It documented how global fast fashion brands are helping drive pollution that has dyed African rivers blue or turned their waters as alkaline as bleach, they said in August.
Many firms including Nike, Lululemon, Chevron and Royal Dutch Shell declined to make their data available to CDP, the group added.
(Production: Ben Makori, Natalie Thomas) - Copyright Holder: REUTERS
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