FTI warns industry to brace for dual water risks, urges dry-season planning
The Federation of Thai Industries, or FTI, has warned the industrial sector to manage two water risks at once: coping with heavy rain and localized flooding in the short term, and ensuring sufficient raw water for the dry season. Prida Watcharienthaisakul, FTI vice chairman and chairman of the Water, Environment and Climate Change Institute, said heavy rain at certain times does not mean every area will have enough water. Data from the Thai Water Resources Information Institute as of September 18, 2026, indicates that from September 18 to 20, 2026, many areas must be on alert for flash floods, forest runoff and waterlogging. Areas at risk from 24-hour accumulated rainfall include Phitsanulok, Chanthaburi, Trat, Nakhon Phanom, Nan, Phrae, Krabi, Chumphon, Trang, Phang Nga, Ranong and Surat Thani. Nationwide accumulated rainfall from January 1 to September 13, 2026, stood at 1,032.6 millimeters, with the eastern South recording rainfall 28 percent below normal, the Central region 18 percent below and the East 13 percent below. Data from the Royal Irrigation Department as of September 18, 2026, shows that 496 large and medium-sized reservoirs held a combined 55,015 million cubic meters, or 72 percent of capacity, with 31,041 million cubic meters of usable water, or 59 percent, which is 4,210 million cubic meters lower than the same period in 2025. The FTI recommends that businesses prepare water management plans at at least three levels: normal conditions, alert conditions and water-scarcity conditions, while accelerating efforts to cut water loss and reuse water. Meanwhile, the FTI's Water, Environment and Climate Change Institute is developing a Water Information & Early Warning system to produce an Industrial Water Risk Map and expand its Water War Room network in line with the FTI's 5I policy, specifically I4 Industrial Infrastructure Reform and I5 Inclusive Sustainability.
▲
CenterPoint Energy Replaces US$2.40 Billion Credit Facility With US$2.20 Billion Five-Year Revolver
CenterPoint Energy, Inc. replaced its prior US$2.40 billion unsecured revolving credit facility with a new five-year senior unsecured revolving credit facility of US$2.20 billion in September 2026. The new facility includes swingline loan and standby letter of credit subfacilities, extendable maturities, and a covenant capping the company's debt-to-capitalization ratio at 67.5%. It also carries a built-in covenant adjustment that temporarily allows higher leverage if large, securitizable natural-disaster restoration costs arise in its service territory. The refreshed facility modestly tightens leverage capacity while adding disaster-related flexibility, and the company also completed Phase Two of the Greater Houston Resiliency Initiative. CenterPoint Energy's narrative projects $11.4 billion in revenue and $1.6 billion in earnings by 2029, with a $46.12 fair value estimate implying 20% upside.
▲
Capgemini Study Finds 68% of Executives Prioritize Climate Adaptation as Net Zero Gaps Widen
A new Capgemini Research Institute report finds that 68% of executives now say their organization actively prioritizes climate adaptation, up from 56% in 2025, yet only 15% have fully quantified the financial impact of climate-related disruptions. The fifth edition of A World in Balance: The resilience reset, based on a survey of 2,100 executives at 701 organizations with more than $1 billion in annual revenue across 13 countries, also shows the share of organizations falling behind on net zero goals rising to 11% in 2026 from 1% in 2025, with 29% saying they have postponed their net zero objectives, compared with just 8% last year. Nearly nine in 10 organizations report climate-related supply-chain disruptions, and more than seven in 10 executives say securing access to critical resources such as energy, water and materials now influences sustainability decisions more than emissions-reduction targets. Sustainability spending reached 1.04% of revenue last year, above the 0.8% initially allocated, and 83% of organizations plan to increase climate adaptation spending over the next 12 to 18 months. Cyril Garcia, Global head of Sustainability services and Corporate Responsibility at Capgemini, said climate disruptions have become the new normal and that leaders can no longer defer climate action.
