Managing water and climate risk with renewable energy

Maximize the benefits ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   AN ARTICLE A DAY, PICKED BY OUR EDITORS What’s the potential business impact of dwindling fresh-water supplies? By one estimate, $425 billion of value across more than 500 companies. While water-intensive operations are likely already attuned to this risk, all companies could be indirectly exposed through their electricity purchases, since water is commonly used in generating electricity via steam-powered turbines. Switching to renewable power can help reduce local water stress and lower carbon emissions, especially for players that focus on a few site-level factors. Don’t miss a new article on how to approach the issues—while simultaneously improving company performance. — Torea Frey, managing editor, Seattle Managing water and climate risk with renewable energy New analysis shows how companies can target renewable-energy purchases and investments to reduce water risk and carbon emissions in tandem. Maximize the benefits   Quote of the Day “According to our analysis, the number of public companies listed in the United States dropped from about 5,500 in 2000 to about 4,000 in 2020.” —Look closer at the data in “Reports of corporates’ demise have been greatly exaggerated” Chart of the Day See today's chart   Also New Closing the gender and race gaps in North American financial services An updated view into gender and racial diversity in financial services—as well as women's day-to-day work experiences—reveals some progress. But challenges in building an equitable and inclusive workplace persist. Create inclusive workplaces   Reports of corporates' demise have been greatly exaggerated An analysis of 20 years of data on publicly traded companies and IPOs demonstrates that the drop-off in the number of listings is less steep than pundits would have you believe. Look closer   Winning the race with inflation: The pricing opportunity for industrial companies As inflation rises, industrial companies must take a new look at pricing. Try a new approach   Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2021 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007