PepsiCo helps to improve rural water in Africa, Bangladesh and India
Last updated 15/10/2008 14:56:35
PepsiCo helps to improve rural water in Africa, Bangladesh and India
PepsiCo Foundation announced two major new grants last week to WaterPartners and Safe Water Network programs to provide access to safe water and sanitation for individuals and communities in developing countries.
The grants, amounting to $7.6 million, are a component of the ongoing commitment by PepsiCo Foundation to promote and accelerate sustainable approaches to water access, conservation and usage in underserved regions.
This commitment seeks to create awareness and generate change to help achieve the United Nations Millennium Development Goals. In the last year, PepsiCo Foundation and PepsiCo have made more than $16 million in commitments for water projects around the world.
"One of the major goals of PepsiCo Foundation is to develop sustainable partnerships that will bring clean, safe water to populations in need," said Indra Nooyi, CEO and chairman of PepsiCo and chairman of PepsiCo Foundation. "Our relationships with WaterPartners and the Safe Water Network -- two highly effective organizations with proven leadership and strong community links -- will help create and maintain long-term, secure water supplies, improving the quality of life across these global communities."