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4-Traders Homepage  >  Equities  >  Nyse  >  Tyco International Ltd.    TYC   CH0100383485

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TYCO LTDS : Tyco International Joins Action Against Hunger in Launching the Clean Water Access Initiative

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07/12/2011 | 04:05pm CET

SCHAFFHAUSEN, Switzerland, July 12, 2011 /PRNewswire/ -- In a new private-nonprofit venture, Tyco International and Action Against Hunger | ACF International today announced the launch of the Clean Water Access Initiative, a global partnership to bring safe drinking water to some of the most vulnerable communities around the world. Dedicating more than $2 million over the next three years, and drawing on the extensive product line, global workforce, and technical expertise of Tyco's flow control business, this initiative will improve ACF's ability to deploy the most effective solutions for communities lacking access to clean water.

"The initiative, the first global corporate partnership for ACF International, employs an innovative model of collaboration designed to enhance our capacity while scaling up the reach and impact of our clean water programs," says Nan Dale, Action Against Hunger's CEO. "We hope Tyco International's visionary commitment to the Clean Water Access Initiative will inspire other corporations to join the NGO sector in tackling hunger and water issues."

The company's annual commitment consists of direct funding for targeted water projects as well as in-kind product and service support. Under the partnership, Tyco has pledged additional targeted funding for ACF's emergency response efforts, providing the agency with flexibility and enhanced capabilities to respond quickly to natural disasters or other humanitarian crises.

"This partnership will help advance ACF's mission to help needy communities gain access to sustainable clean water and sanitation," said Patrick Decker, president of Tyco Flow Control. "In addition to our financial support, we will contribute products and the technical expertise of our people working in the water industry to support ACF teams working around the world."

The Clean Water Access Initiative aims to implement clean water projects in communities affected by acute malnutrition where Tyco's resources can be most effectively deployed. The joint effort is managed by a steering committee representing both organizations. The steering committee will help identify projects where Tyco can provide products and services appropriate to local needs, and deploy company expertise to help ACF staff design customized water distribution systems.


The inaugural Clean Water Access Initiative project will focus on Indonesia, within the Nusa Tenggara Timur (NTT) Province, where poor access to clean water is a major contributing factor to public health problems and malnutrition. While the rest of Indonesia advances towards national and international development goals, the NTT Province lags behind, remaining among the poorest provinces in the country. This project will support the construction of new water systems for 40,000 people. In addition, we will devote resources toward an educational program to improve local hygiene practices and train local authorities on the design and maintenance of water supply infrastructures.

"We're thrilled to be partnering with Tyco International to ensure greater access to clean water in Indonesia's NTT Province, a region where communities face routine scarcity, unsafe sources, and crippling dry seasons," states Laetitia Luzi, Action Against Hunger's Country Director in Indonesia. "Families in this province walk long distances to fetch water of poor quality, which undermines their productivity and the health of their children. We're glad we're in a position to help, and look forward to collaborating with Tyco's support and expertise."


Action Against Hunger, a global humanitarian organization committed to ending world hunger, works to save the lives of malnourished children while providing communities with access to safe water and sustainable solutions to hunger.


Tyco International Ltd. (NYSE: TYC) is a diversified, global company that provides vital products and services to customers around the world. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco had 2010 revenue of approximately $17 billion and has more than 100,000 employees worldwide. More information on Tyco can be found at www.tyco.com.

SOURCE Tyco International Ltd.

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