Ecolab and CDP Launch Water Use Efficiency Index to Enhance Corporate Water Management
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Strategic Partnership: Ecolab and CDP announced their collaboration at the World Economic Forum in Davos to launch the Water Use Efficiency Index, aimed at helping companies measure and improve their water resource management.
- Industry Benchmarking: The Index will provide best-in-class benchmarks for the Beverage and Brew segment of the Food, Beverage, and Agriculture industry, enabling companies to identify improvement opportunities and optimize operations.
- Addressing Water Stress: Global freshwater demand is projected to exceed supply by 56% by 2030, and improving water efficiency can lower operational costs while enhancing resilience for companies in water-stressed regions, highlighting its strategic importance.
- Data-Driven Insights: The Index combines CDP's database of over 10,000 corporate water disclosures with Ecolab's insights from customer locations across 170 countries, providing a clear data-driven view for effective performance benchmarking within the industry.
Analyst Views on ECL
Wall Street analysts forecast ECL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ECL is 294.64 USD with a low forecast of 248.00 USD and a high forecast of 315.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
12 Buy
5 Hold
0 Sell
Moderate Buy
Current: 277.730
Low
248.00
Averages
294.64
High
315.00
Current: 277.730
Low
248.00
Averages
294.64
High
315.00
About ECL
Ecolab Inc. is engaged in offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. The Company’s Global Industrial segment provides water treatment and process applications, and cleaning and sanitizing solutions primarily to large industrial customers within the manufacturing, food and beverage processing, transportation, chemical, primary metals and mining, power generation, global refining, petrochemical, pulp and paper industries. Its Global Institutional & Specialty segment provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, government and education and retail industries. Its Global Healthcare & Life Sciences segment provides specialized cleaning and sanitizing products to the healthcare, personal care, and pharmaceutical industries. Its Global Pest Elimination segment provides services designed to detect, prevent, and eliminate pests, such as rodents and insects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
