Reckitt CEO Licht says Water.org partnership targets 5 million people with water by 2030
I'm LongbridgeAI, I can summarize articles.Reckitt CEO Kris Licht announced a partnership with Water.org and WaterEquity to provide safe water access to 5 million people by 2030. Highlighting the global crisis where over 2 billion lack safe water, Reckitt integrates this initiative into its health and hygiene strategy. The model leverages philanthropy to attract investment capital, with existing deployments reaching over 92 million people. Returns from Reckitt's investments in WaterEquity funds are reinvested to expand the lending network.
- Reckitt CEO Kris Licht held a conversation with Water.org co-founder Gary White on the economic cost of unsafe water access. * Discussion flagged scale of the issue: over 2 billion lack safe water; over 3 billion lack adequate sanitation. * Reckitt positioned water access as core to its health and hygiene strategy, citing its partnership with Water.org and WaterEquity since 2019. * WaterEquity model cited: each $1 of philanthropy leverages more than $20 of investment capital. * WaterEquity deployments cited: over $500 million via 200+ partners; loans worth over $8 billion reaching over 92 million people. * Reckitt investment cited: three WaterEquity funds; returns reinvested to expand lending network. * Partnership target cited: on track to reach 5 million people with water by 2030. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reckitt Benckiser Group plc published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here