The World Economic Forum lists a global water crisis as the fifth most significant risk in the coming years. Without water, there would be no life on Earth. Hardly any other term is linked more directly to the idea of sustainability than water. No wonder, then, that water can be analysed from a multitude of angles.
Water is a central ESG topic: From an environmental perspective, the crucial issues are the overuse of water and the impact that this consumer behaviour has on the environment. But Water also has a social dimension and the governance of water matters.
Given the World Water Day on 22 March, Erste Asset Management wants to define the sustainable core issues around water in their ESG letter. Moreover, they have published the water footprint for their sustainable equity funds.