Climate change, population growth and economic development are contributing to water stress across the globe. With increasing water scarcity, comes intensifying financial risk. The cost of addressing harmful water impacts could top nearly $1.8 billion annually for some large publicly traded packaged meat and apparel companies and could lead to a change in company valuation of up to -47%, according to research published by Ceres, with S&P Global Trucost data.

Join S&P Global Sustainable1 for the next episode in our Beyond ESG webinar series as we convene market specialists to examine the financial implications of water scarcity across the global value chain, including:

• Understanding financial materiality of addressing water scarcity
• Approaches to assessing water-related portfolio risks
• Putting a price on water risk

S&P Global Sustainable1's 'Beyond ESG' webinar series focuses on providing corporate and investors with the tools and insights they need when building and refining their ESG playbooks. Featuring interviews and discussions with experts, decision-makers, and visionaries in the ESG community, these webinars will go beyond ratings and scores to help see the possibilities in building a sustainable future while meeting the expectations of an evolving market.