ITT Expands its Corporate Citizenship Program
September 7, 2010
By ITT Corp.
STOCKHOLM -- September 7, 2010 -- ITT Corporation (NYSE:ITT) announced today at World Water Week that it has pledged $10.5 million over three years (2011-2013) to provide one million more people around the world with access to safe water and sanitation. This announcement marks a significant expansion of the company’s signature corporate citizenship program, ITT Watermark®, which will reach 500,000 people by the end of 2010.
ITT Watermark currently partners with internationally recognized nonprofits—Water For People, Mercy Corps and China Women’s Development Foundation -- to bring safe water, sanitation and hygiene education to children, families and communities in the developing world and to provide access to safe water in times of emergency. The renewed commitment will expand the program’s presence in key emerging markets for ITT -- including the addition of new countries in Latin America, and increasing the reach of its current programs in India and China. The program will also continue to leverage ITT’s expertise to promote water education through the company’s partnership with the Stockholm International Water Institute’s renowned Stockholm Junior Water Prize.
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