A new report is warning that the cost of water risks to business could be more than five times greater than the cost of taking action now to tackle them - and investors are calling for greater transparency and action from companies to address the risks.

Clare Dixon, Associate Reporter with Waterbriefing, takes an in-depth look at the issues explored at the second FT water summit ‘Unleashing Returns from Water Investments’ organised by the Financial Times newspaper in association with WWF which took place in London this week.

The number of companies forging ahead with an industry-leading approach to tackling emissions in the supply chain has doubled in a year, according to new research by CDP, the non-profit global environmental disclosure platform, with analysis provided by McKinsey & Company.