Sixty percent of companies believe water will impact business

May 5, 2014

BLOOMINGTON, Ind. — U.S. companies believe water related issues will negatively impact their businesses in the next five years.

BLOOMINGTON, Ind. — A recently-published survey by the Pacific Institute and VOX Global finds that 60 percent of U.S. companies believe water related issues will negatively impact their businesses in the next five years, according to a press release.

However, most did not indicate that they have any plans in place to deal with future water risks, noted the release.

The study, titled Bridging Concern With Action: Are U.S. Companies Prepared for Looming Water Challenges?, also finds that 80 percent of the companies surveyed believe water concerns will affect where they locate future facilities, the release reported.

These findings are up significantly from just five years ago, continued the release, when only 20 percent of the companies surveyed believed water related issues had the potential of negatively impacting their operations.

According to the release, when it comes to businesses, the availability of water, having effective infrastructure to deliver water and even the quality of water "can be a bottom-line issue," says Stephen Ashkin, president of The Ashkin Group and CEO of Sustainability Dashboard Tools. "This is one reason the latest version of LEED, v4, puts much more emphasis on water efficiency than previous versions of LEED."

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