ITT chief executive pushes for sanitation investment

September

The chief executive of White Plains-based ITT Corp. yesterday called for greater worldwide investment in water sanitation and solving health problems in poor regions.

â€œThe impact of poor sanitation on the health of people in some of the worldâ€™s developing countries is well-documented and inescapable but still dramatically overlooked by governments and industry alike,â€ Steve Loranger said during a panel discussion in Vienna, Austria, according to a statement from the company.

Loranger said ITT is working to develop water and wastewater treatment products and services that are affordable in developing nations.

ITT has started a program called ITT Watermark, which includes a three-year commitment of $3 million to provide safe water, sanitation and education in hygiene to schools in India, Honduras and Guatamala.

This entry was posted on Wednesday, September 10th, 2008 at 3:50 pm by Allan Drury.
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