VIENNA — ITT Corporation’s chief executive officer, Steve Loranger, called for more corporate investment in water sanitation during a panel discussion at the International Water Association’s World Water Congress in Vienna last week.
“The impact of poor sanitation on the health of people in some of the world’s developing countries is well-documented and inescapable, but still dramatically overlooked by governments and industry alike,” Steve Loranger said during a panel discussion on sanitation moderated by Circle of Blue’s J. Carl Ganter. While recognizing the role that governments and non-profits play in the global sanitation crisis, Loranger called for more industry participation.
“While governments must recognize the incredible health and economic benefits of investments in sanitation, industry must continue to invest in the research and development of viable solutions for the world’s most vulnerable populations,” he said. Watch the entire panel discussion below:
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Other panel members included, Ned Breslin, director of international programs at Water For People, and Dr. Darren Saywell, development director at the International Water Association. For more information on ITT’s Watermark inititative see Circle of Blue’s previous coverage of ITT at the World Water Week in Stockholm.
Read more here, on MarketWatch.
Circle of Blue’s east coast correspondent based in New York. He specializes on water conflict and the water-food-energy nexus. He previously worked as a political risk analyst covering equatorial Africa’s energy sector, and sustainable development in sub-Saharan Africa. Contact: Cody.Pope@circleofblue.org