Limited access to clean water is a growing risk for an increasing number of the companies the Government Pension Fund Global invests in. The United Nations forecasts that almost half the world’s population will live in areas facing water stress or water scarcity by 2030. Global demand for water is expected to outstrip supply by 40 percent within the same time, according to McKinsey...“Water is an important input factor at many of the companies the fund invests in, but water is not an infinite resource,” says Magdalena Kettis, head of social and environmental issues for the fund’s ownership activities...Water was an important input and output factor at 865 companies the fund was invested in with 255 billion kroner at the end of 2010. NBIM has evaluated to what extent 432 of these companies in 2010 fulfilled nine criteria for reporting on water management and water-related risks. The companies scored an average 2.7 out of a maximum 9 points. A total of 131 companies scored zero, while 10 companies got top marks...“Far too few companies provide adequate information on water as a risk factor, particularly in their supply chains,” Kettis says.