More companies are citing water scarcity as a financial risk in regulatory filings
CBSN
As climate change stokes extreme weather events like droughts, flooding and wildfire, another concern is emerging for companies and their investors: the cost and dwindling supply of water.
More companies are listing water security and scarcity among risk factors in regulatory filings and investor calls. Globally, firms cited water 43% more in 2020 than in 2019, a June report from investment bank Barclays found, citing comments gleaned from thousands of transcripts. "It's a concern that is becoming an area of focus for many of our clients," said Michael Littenberg, a partner at the law firm Ropes & Gray who advises companies on Environmental, Social and Governance issues, known as ESG.On May 7, health influencer Paul Saladino, M.D.. posted a video to his X account that promoted feeding "raw dairy" to infants. The post received over 90,000 views and sparked strong backlash before it was removed the following day. Saladino regularly advocates for "animal-based" diets featuring raw milk, including on his TikTok channel where he has over half a million followers.
Everywhere you look, things are getting more complicated. Our phones have over a thousand settings. Showerheads come with apps. Cars have touchscreens. Ovens have touchscreens. "There's no doubt that 'featuritis' is real," said design consultant Jakob Nielsen. "Most of these things are too complicated."
New research is adding to the evidence linking ultra-processed foods to health concerns. The study tracked people's habits over 30 years and found those who reported eating more of certain ultra-processed foods had a slightly higher risk of death — with four categories of foods found to be the biggest culprits.