It’s something we use everyday — couldn’t survive without, actually — and often take for granted. Yet freshwater could run out by 2040 at our current rate of consumption, says a report by BofA Global Research. “Some 75 per cent of our planet is covered with water, yet less than 1 per cent is usable, and even this is depleting quickly,” said BofA equity strategists led by Haim Israel.
Dress code for a happier planet
Consumers are increasingly worried about climate change, the fashion industry’s contribution to pollution and plastics and its terrible human rights track record. Fashion adds 10 per cent of the globe's greenhouse gas emissions and this will rise to 50 per cent if left unchecked. It takes 700 gallons of water to make one cotton T-shirt and that water is polluted by the time it is returned to the water table. Ninety-seven per cent of our clothes are made in the Global South by people working in slave-like conditions who are paid less than their country’s living wage.