The United Nations estimates that the global demand for water will increase 20% to 30% by 2050 to meet the food needs of a projected population of 9.8 billion. Food and beverage companies combined with agricultural inputs use the lion’s share of water globally, and non-profit organization Ceres suggests in a recent study, “Feeding Ourselves Thirsty,” that most food companies are not taking the necessary action to reduce their demands and impacts on freshwater resources.
The mission of Ceres is to research and transform the economy, building a sustainable future for people and the planet. The firm works with influential capital market leaders to find solutions to the world’s greatest sustainability challenges.