New financial modeling tool helps business leaders factor water risks into decisions
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Water scarcity is impacting the vitality of communities around the world. For businesses, it is a significant constraint to growth. The Water Risk Monetizer is industry’s first financial modeling tool that enables businesses to factor water into decisions that support business growth and help ensure the availability of this limited natural resource for future generations.
Ecolab and Trucost demonstrate how businesses can use the Water Risk Monetizer
Multimedia with summary
The Water Risk Monetizer is an easy-to-use financial modeling tool that provides a new way for businesses to incorporate water risks into business decisions. The publicly available, first-of-its-kind tool was developed by Ecolab and Trucost to help businesses understand the full value of water to their operations. By quantifying water-related risks in financial terms, the tool bridges the gap between today’s low market price for water and the water risks that affect businesses around the world.
Here's a quick look at how the Water Risk Monetizer works.
ST. PAUL, Minn., Oct. 29, 2014 /3BL Media/ – Ecolab Inc., the global leader in water, hygiene and energy technologies and services, has committed $2 million through the Ecolab Foundation to The Nature Conservancy, a leading conservation organization working to protect the lands and waters on which all life depends.
Industry Leaders Unite to Share Best Practices, Advance Environmental Sustainability of Sector
St. Paul, Minn., October 21, 2014 /3BL Media/ – Beverage industry leaders from across the globe convened October 14-16 for the Beverage Industry Environmental Roundtable (BIER) semi-annual meeting. Ecolab hosted the event at the company’s Global Research, Development and Engineering (RD&E) Center on its Schuman Campus in Eagan, Minn. The three-day agenda focused on BIER’s current work to reduce resource consumption, mitigate environmental impacts and ensure sustainable growth of the beverage sector.
Chief Executives Recognized for Exceeding Corporate Responsibility Standards
PHILADELPHIA, Sept. 23, 2014 /3BL Media/ -- Corporate Responsibility(CR)Magazine, which shines a spotlight on America's most socially responsible chief executives, has announced today the winners of the seventh annual Responsible CEO of the Year Awards.
ST. PAUL, Minn., September 22, 2014 /3BL Media/ -- In keeping with its tradition of supporting community schools, Ecolab Inc. has awarded $1 million in grants to K-12 educators throughout the country through the Ecolab Foundation's 2014 Visions for Learning grant program. The grant program provides K-12 teachers with funds to obtain additional materials to help enrich the classroom experience for their students.
Over the next two decades, it is anticipated that the world will need 50 percent more food to meet the needs of a rapidly growing population. In addition, the rise of the middle class, urbanization, higher-protein diets and more meals away from home are trends that are dramatically shifting food demands, particularly in emerging economies.
H2O: a precise combination of elements that make up the universal solvent. An essential formula for all aspects of life.
From food and energy production to industry and transportation, freshwater is relied upon as one of our most precious natural resources. Without water of sufficient quality, businesses cannot grow, economies cannot prosper and communities cannot thrive.
ST. PAUL, Minn., June 19, 2014 /3BL Media/ – Ecolab Inc. has expanded its commitment to global water stewardship by working with the World Wildlife Fund (WWF) as a founding partner of the Alliance for Water Stewardship (AWS) to support the launch and implementation of the International Water Stewardship Standard, a global framework to promote sustainable freshwater use.
The Standard was announced by AWS in April at the UN CEO Water Mandate multi-stakeholder working conference in Lima, Peru, and builds upon Ecolab's work with WWF to implement the beta AWS Standard in China.