Most packaged food companies have weak or no comprehensive water management practices: Morningstar Sustainalytics

Read the full story at Food Industry Executive.

In an analysis of 114 packaged food companies, ESG research firm Morningstar Sustainalytics found that 60% have weak or no comprehensive water management practices in their direct operations and 43% lack adequate practices in their supply chains.

Morningstar’s report, which focuses on the Ogallala Aquifer in the Great Plains region, finds that, as a whole, packaged food companies have a lot of work to do to mitigate water risks that are only becoming more severe.