UN Investor Summit on Climate Risk spotlights PepsiCo Partnership for Positive Water Impact
UN Investor Summit on Climate Risk spotlights PepsiCo Partnership for Positive Water Impact
Summary
The Motley Fool covers the United Nations Investor Summit on Climate Risk and Energy Solutions, convened by Ceres, which spotlighted innovative solutions by companies. For example, PepsiCo teamed up with NGO Forum for the Future in 2009 to take a long-term view of assessing environmental and social risks and opportunities out to 2030. It's taken on serious water goals such as improving water usage efficiency 20% by 2015, aiming for "positive water impact" (putting more water back into the environment than it takes out), and working with agricultural suppliers to improve their methods to conserve water, climate, land, and biodiversity.
Many people would like to see the U.S. government do more to combat climate change, but private investors are leading the charge regardless of whether the government makes progress or not.
Last week, 450 global investors representing tens of trillions of investment dollars met at the Investor Summit on Climate Risk and Energy Solutions at the United Nations, underlining continued progress in tackling climate change. In fact, clean energy investment hit a record $260 billion last year.
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