The program aims to bring 500 million liters safe drinking water to 1 million school children at 2,000 schools in developing countries by the end of 2015, according to Coca-Cola.

The water will be delivered to the children though purification systems from WaterHealth which will begin to be installed this month.

“Safe water is critical for all,” said Bea Perez, chief sustainability officer for Coca-Cola. “It’s vital to the health of people and communities, it’s essential to economic prosperity, and it’s the lifeblood of our business.”

The beverage company will also be taking a minority ownership in WaterHealth which currently operates more than 500 water purification plants in five countries. 

"We are very pleased to join Coca-Cola in this initiative,” said Sanjay Bhatnagar, president and CEO of WaterHealth. “This is further validation that the WaterHealth approach is the world’s leading model for sustainably providing safe drinking water.”