AXA XL Commits to Address Global Water-Related Security and Resilience
Water-related risks affect people, personal and commercial property, and business operations worldwide. A number of factors such as increased demand due to demographic and economic swings, deficient infrastructure, and climate change have exacerbated water issues and highlighted the importance of water resiliency. Water is as important to the world’s economy as oil or data. However, the vulnerability of, or total lack of, access to water and water treatment services in an increasing number of regions has reached crisis levels.
Business is being urged to actively participate, not only by assessing and mitigating water risk as a potentially catastrophic disruptor of operations, but by actively participating in the conversation on water resilience, safeguarding supplies, and sustainability among public and private organizations. AXA XL is taking part in, and leading, these conversations by engaging with clients to come up with ways to make an impact.