Global Issues

ITT's portfolio of core businesses is focused on making a difference to our communities and the world. From climate change and water scarcity to population growth, infrastructure modernization, critical communications and security concerns, ITT is prepared to play a continuing role in developing sustainable solutions to pressing global problems. Despite challenging economic conditions, our company's financial platform is sound, and we remain committed to social responsibility.

Water Scarcity

More than 99% of the world's water is saline, unsafe or unavailable, and more than one billion people lack access to clean water. With the added impact of climate change – from melting polar ice to greenhouse gas emissions caused by fossil fuels used to transport water – meeting water demand may become even more difficult.

Global Security and Critical Connections

World military expenditure, estimated to have been more than $1.3 trillion in 2007, is on the rise – an increase of 6% over 2006 and of 45% since 1998.¹ Challenged by war, terrorism and increasingly bold piracy, governments and international authorities need secure real-time connections and technology solutions that will give them competitive advantages. At the same time, global imaging and enhanced location information are increasingly being used to gather and share information about our planet.

Population Growth and Infrastructure Demand

By 2030, it is estimated that 60% of the world's population will live in urban areas. Delivering water, energy, transportation and communications infrastructure will require between $25 and $30 trillion by 2030.²

¹ Stockholm International Peace Research Institute (SIPRI) Yearbook 2008
² CG/LA Infrastructure, in association with Sterne Agee, estimates for global infrastructure demand, 2008-2030, April 2008