Ecolab, a $17 billion water, hygiene and energy technologies and services provider, wanted to find a way to help companies understand the financial risks they are facing from water scarcity, at both site level and across business operations.
Trucost and Ecolab partnered to develop the Water Risk Monetizer, a publicly available tool to help companies assess the financial implications of local market failures to price water according to its availability, based on information about their future water use and production capacity.
“As water scarcity increases around the world, business leaders need actionable information to help them understand and manage their current and future water-related risks. The Water Risk Monetizer helps businesses make informed decisions to enable growth in this new era of water scarcity.”
Insights
Growing Business Value in an Environmentally Challenged Economy (publication)
Water Risk Monetizer (tool)
Water Scarcity: Revenue at Risk (video)