There might be more than you think.
If you think of water as a free-flowing, abundant commodity, you may want to reconsider. We all know food production is closely tied to water supply, but did you realize that the semiconductor and electronics industries are also affected by it?
Julie Fox Gorte, Ph.D., Senior Vice President for Sustainable Investing at Pax World Investments, explains that the computer on which you’re reading this requires water to operate. “Even turning the computer on can be endangered by drought. The thirstiest industry on the planet is electric power.” Semiconductors, which are critical to power computers, demand a lot of water to produce and maintain. ”The water it takes to power up the computer is real…and imperiled,” she writes. Businesses are experiencing detrimental impacts to their operations due to water scarcity. Which begs the question, how does water impact your portfolio?
Gorte explains that companies that figure out how to use water more efficiently are better poised for long-term prosperity. Want the full scoop? Read the full white paper here.
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