Philanthropy meets the market

Recent interviews with Water.org co-founders Matt Damon and Gary White discuss plans for WaterCredit and corporate collaboration in 2014. Matt and Gary expand on current corporate partner relationships and how in 2014 the world will see even more companies increase water-related investments.

The following excerpt is from From The World In 2014 print edition, 11/18

Multinational companies have historically taken water availability for granted. But this is changing. A 2013 World Economic Forum report named water scarcity as one of the top global risks facing companies in the 21st century. So far, 93 multinational corporations have committed to the UN Global Compact’s CEO Water Mandate, a public-private partnership to advance water sustainability—an exponential increase from the original six signatories in 2007. As more business leaders recognise pressures related to water availability on their supply chains and profits, they are growing more aware of the impact of irresponsible water use on “intangible” business value such as reputation, brand and customer relations. Read the full story from The Economist.

A second interview with CNN's The Lead With Jake Tapper expands on Water.org’s innovative, high-impact models for sustainable water and sanitation solutions. Watch Matt Damon and Gary White’s full interview here CNN.

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