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Role of corporate giving grows in Third World projects

081119_water.jpgGreenwire: Third World water projects are attracting increased attention and cash from corporate charitable efforts. Procter & Gamble and PepsiCo Inc. committed millions for water projects last month at the Clinton Global Initiative’s annual meeting. The company plans to spend $18 million for safe drinking water in the developing world and to raise awareness about global water problems, while PepsiCo is donating more than $7 million for water- and sanitation-project grants. ITT Corp., a high-tech engineering and manufacturing company, recently announced plans to use its technological expertise to provide cleaner water and teach hygiene in developing countries. The White Plains, N.Y.-based company, which has more than 40,000 employees and generated $9 billion in sales last year, is donating $3 million over three years and predicts that its Watermark program will help 100,000 children and their families. Image source. waterfortheworld.net. > Continue.

News selected by Covalence | Region: Global | Company: Procter & Gamble, PepsiCo, ITT Corp, Borealis, Borouge, Cadbury, Coca-Cola Co, Suez Environnement, Nestle | Source: Greenbang

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