Businesses and Water Shortages: A Drought of Risk Management

The Marsh Center for Risk Insights' new survey reports that although most businesses are aware of the risks of water shortages, most businesses don't have a risk management plan in place.

SocialFunds.com -- "It's raining it's pouring, the old man is snoring . . . " goes the old nursery rhyme. However, the "old man" in this case is the business community that is asleep over the consequences of not considering long-term water issues. A report from the newly launched Marsh Center for Risk Insights states that less than 20% of Fortune 1000 companies surveyed are prepared for a water shortage crisis.

The Marsh Center for Risk Insights was created by Marsh Inc., a large US insurance broker and risk advisor with 395 offices in 85 countries. The Marsh Center was developed as a think tank to analyze important global business risks.

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