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I now write on law and regulation facing the pensions sector for Professional Pensions and this portfolio will no longer be updated. Please read all my new articles on the Professional Pensions website.

Water technology firm Ecolab and environmental risk experts Trucost have expanded their flagship Water Risk Monetizer (WRM) service to highlight the impact of water scarcity on businesses’ financial returns, the firms announced yesterday.

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An innovative toilet could help businesses shave up to 60 per cent off their water bills, as well as reduce their carbon footprint.

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Businesses are being invited to measure and reduce their water footprint, following the introduction of a new certification and labelling scheme by the Carbon Trust.

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