Financial News
Cummins Grants $3M to Address Water Sustainability in the U.S.
SOURCE: Cummins Inc.
DESCRIPTION:
On the heels of celebrating World Water Day, Cummins Inc. announced a $3,000,000 three-year grant to The Nature Conservancy to restore water resources in the Mississippi River Basin (U.S.).
Cummins launched a new global community program last year called Cummins Water Works, tasked with addressing the global water crisis by partnering with leading water experts and investing and engaging in sustainable, large scale, high impact water projects around the world. Shortly after launching the program, Cummins partnered with The Nature Conservancy and Water.org in Brazil, India and Mexico to gain immediate momentum in addressing critical global water sustainability issues.
“Currently, 785 million people globally – one in nine – lack access to safe water, and by 2050, at least one in four people will likely live in a country affected by chronic or recurring water shortages,” said Mary Titsworth Chandler, Cummins V.P. of Community Relations. “We are excited to join forces with The Nature Conservancy to attack this global crisis head on and bring systemic change to ensure a more prosperous world.”
“With a rapidly changing world leading to more unpredictability in water supply, a direct intervention to help replenish our groundwater is crucial to the goal of strengthening communities through sustainable water,” said Travis Meek, Director of Corporate Responsibility at Cummins. “We are excited to launch a U.S.- focused program with The Nature Conservancy to improve water quality and increase groundwater levels in the Mississippi River Basin.”
The focus of World Water Day included clean and sustainable groundwater, and the partnership between Cummins and The Nature Conservancy will increase nature-based solutions to water pollution. Through soil saving practices on farms, stream buffering with trees, and revegetating floodplains along rivers, groundwater protection and overall community water security will improve by leveraging natural land use and agriculture.
KEYWORDS: Cummins, Cummins Inc., water, grant, Sustainability
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