Sustainable business consortium, Ceres, published a report last week investigating the global food sector’s management of water scarcity risk. The report, entitled Feeding Ourselves Thirsty: How the Food Sector is Managing Global Water Risks, reveals that many agriculture, food and beverage companies are not making water risk a part of their decision making process.
Water scarcity is a rapidly growing problem in many parts of the world. It is especially critical for the food industry. Agriculture accounts for 70% of water use worldwide. As groundwater in many regions runs low and climate change exacerbates the issue, this industry in particular is at risk.