When it comes to water security, businesses cannot afford to wait. Our 2020 Global Water Report shows the cost of inaction on water risks is up to five times the cost of action. With huge business opportunities to seize, companies need to rethink their strategies and transform their business models to build a water-secure world.
In 2020, companies reported maximum financial impacts of water risks at US$301 billion – five times higher than the cost of addressing them (US$55 billion).
Beyond risk management, there are also business opportunities when investing in water security – estimated at US$711 billion.
