December 20, 2010
Atlas Copco will increase its contribution to Water for All in order to enable clean drinking water for more people in need. From 2011, the Atlas Copco Group will give two times the sum of the voluntary employee donations. Up till now, around one million people have received clean drinking water through Water for All.
Water for All was founded in Sweden in 1984 by Atlas Copco employees. The organization operates with the motto that clean drinking water is a basic human right and have over the years helped people in countries like Peru, Sudan, Afghanistan and China to get safe drinking water. Simple methods are use such as drilling or digging or protecting natural springs.
Employees make voluntary donations to the organization, normally on a monthly basis, and can vary the size of these donations as they wish. Since the beginning the Group has matched employee donations, but starting 2011 Atlas Copco will contribute with an amount of money two times the sum of what employees are giving.
A EUR 5 (approx. USD 6, CNY 40 or, SEK 44) per month contribution during a year can give sustainable drinking water to more than 100 people.
To find out more, please visit: http://www.water4all.org/
For further information please contact:
Love Liman, Acting Media Relations Manager
+46 (0)8 743 8060 or +46 (0)73 318 8060
Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.
Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0). Learn more at www.atlascopco.com.