CHICAGO - In a move to tackle the global water crisis, agricultural processor and food ingredient provider ADM (NYSE: NYSE:ADM) has announced a $1 million donation to Water.org. This contribution is aimed at supporting the non-profit's initiatives to provide safe water and sanitation in Latin America and Southeast Asia. The funding is expected to benefit over 116,800 individuals in Peru, Brazil, Mexico, the Philippines, Cambodia, and Indonesia.
The donation, made through ADM's social investment branch, ADM Cares, aligns with the company's sustainability goals and its commitment to community welfare. ADM Cares focuses on three primary areas: enhancing health and well-being, promoting sustainability, and increasing food security.
Water.org, co-founded by Gary White and actor Matt Damon, is renowned for its efforts to resolve the water crisis by pioneering market-driven financial solutions. Over 63 million lives worldwide have been positively transformed by the organization's work in providing access to safe water and sanitation.
Lina Bonova, Chief Revenue Officer at Water.org, emphasized the impact of safe water on unlocking education, economic opportunity, and improved health for women, children, and communities. Alison Taylor, Chief Sustainability Officer at ADM, echoed this sentiment, highlighting the partnership's role in delivering life-changing resources and advancing climate and biodiversity goals.
The initiative comes at a critical time, as statistics show that 2.2 billion people, roughly one in four, lack safe water, and 3.5 billion, or two in five, are without access to a safe toilet. The support from ADM is a significant step toward addressing these challenges, with the aim of creating sustainable and long-lasting improvements in global water and sanitation access.
This philanthropic effort is part of ADM's broader mission to harness nature's bounty to improve the quality of life, with a focus on nutrition, sustainability, and innovation in plant-based products and solutions. The company's contribution to Water.org is an example of its dedication to social responsibility and environmental stewardship.
The information for this report is based on a press release statement.
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