ITT Announces Partnership with Mercy Corps

Oct. 24, 2008
Philanthropic program to provide safe water solutions in wake of natural disasters

ITT Corp. has announced a strategic partnership with Mercy Corps as part of its corporate philanthropy program, ITT Watermark. The partnership includes a three-year, $1-million commitment to help provide safe water during emergencies created by natural catastrophes such as floods, droughts and earthquakes. ITT's announcement was made from the Water Environment Federation's annual conference in Chicago.

When natural disaster strikes, access to safe and potable water is often the most critical need. Through this new partnership, ITT, a global leader in the transport and treatment of water, will support Mercy Corps' relief and recovery efforts, which include the provision of dewatering and water purification equipment. In addition, ITT will aid Mercy Corps' on-the-ground staff with rebuilding and recovery of water and sanitation infrastructure long after disaster strikes. Mercy Corps, a global relief and development agency, collaborates with the United Nations to implement water and sanitation solutions during worldwide disasters.

"Since the 2004 Indian Ocean tsunami, there has been an increasing number of devastating natural disasters, including Hurricane Katrina, the 2007 floods in Tabasco, Mexico, as well as the recent China earthquake and Myanmar cyclone. ITT has utilized its strength and expertise in fluid technology in each of these situations to meet the water needs of affected communities," said Steve Loranger, chairman, president and chief executive officer of ITT.

As part of the ITT Watermark initiative, ITT has established an Emergency Response Committee responsible for the coordinated deployment of ITT resources directly to disaster sites during water-related emergencies. The committee will work with Mercy Corps during the balance of this year to develop a plan for reducing risks and implementing turn-key emergency response protocol.

"With ITT as a partner, we will have the opportunity to tap into their expertise and resources to respond quicker and deliver real-time impact on the ground," said Nancy Lindborg, president of Mercy Corps. "Our priority is to help families rebuild their lives after a disaster, and ITT shares our goal to implement solutions in a sustainable way that builds local capacity."

This relationship with Mercy Corps is the second strategic partnership for ITT Watermark. In August, the company announced it had partnered with Water For People, an international development organization, to provide safe water, sanitation and hygiene education to 300 schools in Asia and Latin America by 2010.

Source: ITT Corp.