The United Nations is to warn businesses they face significant risks from shrinking water supplies and will eventually be forced to keep formal accounts of their water consumption.
The UN report, expected within the next few weeks, is part of a switch of focus by environmentalists and regulators away from greenhouse gas emissions to water use.
The Carbon Disclosure Project, which popularised the concept of carbon footprints for companies, will produce its first water footprint report for the world’s top companies this year, while Ofwat, the UK water regulator, is increasing its scrutiny of wastage and the energy consumed in water production.
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