Water is one of the critical factors of ESG (Environment, Social, and Governance). Fresh and clean water is increasingly endangered despite being considered a plentiful renewable resource mainly due to population growth and economic activity leading to an increase in water demands and pollution.
According to United Nations, if current consumption and production patterns do not change, there will be a 40% shortfall in water supply by 2030. Companies are expected to face increased scrutiny such as limits on water withdrawal and tight regulations over their water use as global water resources face increased stress.
In terms of water withdrawal, the beverage and bottled mineral water sectors need to be careful because groundwater is a raw material for them. Globally, food and beverage companies face disputes with local communities over the amount of groundwater that can be withdrawn without depleting local resources.
Heineken NV (Heineken) is a brewing company that develops, markets, and sells alcoholic beverages. In 2021, Heineken withdrew 90.2 million cubic meters of water, an increase of 3% over 2020. Heineken aims to reduce average water usage to 2.6hl/hl in water-stressed areas and 2.9hl/hl worldwide by 2030.
Asahi Group Holdings Ltd (Asahi Group) manufactures, markets, and sells alcoholic beverages, soft drinks, and food products. In 2021, Asahi Group consumed 39.6 million cubic meters of water, an increase of 5.1% over 2020.
Carlsberg AS (Carlsberg) is a producer and marketer of alcoholic and non-alcoholic beverages. In 2021, Carlsberg consumed 14.3 million cubic meters of water, an increase of 5% over 2020. Carlsberg has a target to reduce water usage at its breweries by 50% by 2030.
Constellation Brands Inc produces and markets alcoholic beverages. In 2021, Constellation Brands withdrew 19.1 million cubic meters of water.
Diageo Plc (Diageo) is an alcoholic beverages company that produces, distributes, markets, and sells spirits, and beer products. In 2021, Diageo withdrew 16.8 million cubic meters of water.
China
France
Belgium
United States of America
France
Netherlands
Netherlands
China
United Kingdom
United Kingdom
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer