Water and Wastewater Treatment Industry ESG Thematic Report | Astra ESG Solutions

Jyoti Waghmare14 Dec, 2022Business

The World Resources Institute forecasts a 56% deficit of freshwater by 2030, compelling businesses to propel the management of water and wastewater treatment. The prevalence of water pollution and its impact on global health has furthered the need for setting and achieving ESG goals. Sustainable wastewater management has gained ground amidst an uptake in wastewater generation. For instance, in 2021, Merck Group produced around 13.3 million cubic meters of wastewater, while discharging approximately 9.5 million cubic meters of freshwater in surface waters. The company aims to minimize possibly harmful residues in wastewater by 2030. The surge in municipal wastewater and the prevalence of sewage have prompted stakeholders to emphasize environmental, social, and governance pillars to keep up with the global trend.

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