Water crises are among the top 10 risks for companies. DWS‘ CIO for Responsible Investments Petra Pflaum explains why the implications for investors can be material and why exposure to water could also offer opportunities.
Less than ten percent of the world's water is consumed by private households or at the municipal level. Agriculture, energy production and mining are the largest consumers of water.
DWS is increasing its commitment to protecting the oceans. Since last year, we have been supporting Healthy Seas, an organisation dedicated to ridding the world's oceans of discarded fishing nets and other marine litter, thereby saving the lives of countless sea creatures. Healthy Seas has made a huge impact by conducting numerous recovery missions in a wide variety of waters. To ensure that the hunt for discarded fishing nets and other marine litter can continue, DWS has donated funds that have made it possible for Healthy Seas to purchase its first own dedicated boat. This has made Healthy Seas more flexible and independent, enabling it to increase significantly the number of salvage missions in the future. Raising public awareness about the deadly problem of lost or intentionally discarded ocean fishing nets is another part of the organisation’s important mission, which DWS is proud to support.