FFC Urges Stronger Disclosure By U.S. Water Utilities

April 8, 2013

Friends Fiduciary joined a dozen investors managing $40 billion in assets in requesting that the National Federation of Municipal Analysts (NFMA) subject water utilities to stronger disclosure requirements on issues like water supply scenario planning, climate change impacts and pricing strategies. This letter follows a recent Ceres report, Water Ripples, Expanding Risks for U.S. Water Providers, which outlines the various challenges and risks that water providers are facing, including failing infrastructure, growing environmental and water availability pressures, and declining revenues. To read the full letter to NFMA, click here.