Press Release - Only 28 percent of the world's most influential food and agriculture corporations report they are reducing their water withdrawals and just 23 percent say they are taking action to reduce water pollution. Oxfam's new analysis of 350 corporations using World Benchmarking Alliance data comes ahead of World Water Day (March 22).
Africa: Global Water Crisis Looms Yet Only One in Four of the Biggest Food and Agriculture Corporations Say They're Reducing Water Use and Pollution
The 350 corporations analyzed, including Carrefour and Avril Group, together account for more than half of the world's food and agriculture revenue. 70 percent of all freshwater withdrawals are used for agriculture, which is by far the largest water-using sector worldwide. Industrial farming plays a major role in water pollution.
"We clearly can't rely on corporations' goodwill to change their practices --governments must force them to clean up their act, and protect shared public goods over thirst for profit," said Duflot. For two months starting in May 2023, French authorities imposed water use restrictions on thousands of people living in the drought-hit department of Puy-de-Dôme, including the commune of Volvic. The restrictions did not apply to Société des Eaux de Volvic, a subsidiary of French multinational Danone, who during this time continued to extract groundwater to supply its Volvic bottling plant.
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