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ING has donated €180,000 towards a drinking water, sanitation
and hygiene project in the province of Liaoning in North-East China in
cooperation with the Red Cross, China. The project will run from September
2004 to September 2006.
ING, in collaboration with the Red Cross in China will fund the
installation of safe drinking water supplies and latrines, and will provide
hygiene education to households in the province.
Alexander Rinnooy Kan, Member of Executive Board and Chairman of the
Executive Committee ING Asia Pacific says, "Corporate and social
responsibility is an integrated part of ING Group's global identity. As a
global financial services provider, ING is committed to being a good corporate
citizen in all the communities where it has a presence. ING believes that it
is beneficial to all its stakeholders that it makes a contribution to the
socio-economic development of the communities where it does business."
The Province of Liaoning is home to ING Capital Life Insurance Company,
the insurance joint venture formed with Beijing Capital Group in 2002. Adding
value to the community where ING operates is part of its business objectives.
At the Millennium Summit in September 2000, the United Nations set the
ambitious goal to reduce the proportion of people without access to safe
drinking water by 50% in 2015. The Dutch have a long tradition of dealing
with water. ING, being a Dutch rooted international company, therefore, chose
to contribute to this Millenium Goal by funding access to safe drinking water
for selected communities where ING is active.