ITT earns spot on Dow Jones Sustainability Index for tenth straight year.

Company announces availability of 2007-2008 Corporate Responsibility Report

WHITE PLAINS, N.Y., September 17, 2008 – For the tenth year in a row, ITT Corporation (NYSE:ITT)  has been named to the Dow Jones Sustainability World Index (DJSI World) in recognition of the company’s economic, environmental and social performance.  Its inclusion on the 2008 list makes ITT one of the few companies to be included on the list every year since its inception in 1999.
The DJSI World identifies those companies that exemplify leadership in sustainability and comprises the top 10 percent of the businesses assessed, which includes the world’s 2,500 largest corporations. The leaders are selected according to a systematic corporate sustainability assessment across an array of categories, including climate change strategies, energy consumption, human resources development, knowledge management, stakeholder relations and corporate governance.
“We believe there is a direct link between sustainable business practices and long-term business success, placing our sustainability strategy at the core of ITT’s business model,” said Steve Loranger, chairman, president and chief executive officer, ITT.  “We are very pleased by this recognition, and accept it as part of our ongoing journey.  Our sustainability approach will continue to shrink the company’s environmental footprint and we will continue to make investments in people and technology that have a positive impact on our customers, employees, and communities.”
The DJSI World is published annually by SAM, the sustainability investment specialist, together with Dow Jones Indexes and STOXX Ltd., two leading global index providers.  To learn more about the Dow Jones Sustainability Indexes, visit www.sustainability-indexes.com.
Corporate Responsibility Report Now Available ITT also announces the availability of its 2007-2008 Corporate Responsibility Report, which is available online at: www.itt.com/responsibility.  The report addresses significant environmental, social and economic issues that have an impact on ITT and its stakeholders.  Every year since 1996, ITT has published an annual report that documents performance in the areas of environment, safety and health.  The company’s reporting was expanded in 2006 to cover all aspects of corporate responsibility.
About ITT Corporation ITT Corporation (www.itt.com) is a diversified high-technology engineering and manufacturing company dedicated to creating more livable environments, enabling communications and providing protection and safety. The company plays an important role in vital markets including water and fluids management, global defense and security, and motion and flow control. Headquartered in White Plains, N.Y., the company ITT employs approximately 40,000 people and generated $9 billion in 2007 sales.

 

ITT-Lowara (www.lowara.com), headquarters of “Residential and Commercial Water – EMEA” part of the ITT Corporation and located in Montecchio Maggiore, Vicenza – Italy, is a leading  manufacturer of hydraulic pumps and water handling and control systems. It has 1.616 employees in Europe, 671 operating in Italy. In 2010 its consolidated sales totalled about 306 million €, or over 404 million $.
ITT Corporation (www.itt.com) is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2010 revenue of $11.0 billion.