LITTLE ROCK, Ark., September 07, 2022--(BUSINESS WIRE)--Montrose Environmental Group, Inc. ("Montrose") (NYSE:MEG) today released its second Environmental, Social, and Governance ("ESG") Report. The 2022 ESG report highlights Montrose’s priorities, initiatives, and continued dedication to environmental stewardship, social responsibility, and ethical and secure business practices.
With a management team focused on the implementation of best practices and an experienced Board providing advice and oversight, Montrose is approaching ESG with decision-useful data and a focus on generating long-term value. As part of this process, Montrose has committed to establishing specific goals and objectives on internal greenhouse gas (GHG) emission reductions and Diversity, Fairness, & Inclusion (DF&I) initiatives, and to developing implementation plans to achieve these goals and objectives.
"At Montrose, we are responding to the world’s environmental challenges by creating and envisioning smart solutions that address the needs of today and tomorrow, underscoring our mission of protecting the air we breathe, the water we drink, and the soil that feeds us," said Vijay Manthripragada, President and Chief Executive Officer. "Montrose’s holistic solutions integrate the full capabilities of our talented and diverse employees, who are helping drive our ESG strategy. With this second report, we are publicly articulating our ESG goals to drive further action with a focus on purpose and transparency and to further create shareholder value."
Key 2021 accomplishments highlighted in the report include:
Enhanced reporting on Scope 1 and 2 GHG emissions to cover more of our footprint;
Expanded and ongoing service capabilities to assist clients with their environmental challenges, including net zero goals, per- and polyfluoroalkyl substances (PFAS) water treatment, and renewable natural gas generation;
Execution of an inaugural DF&I survey to gain employee feedback on company initiatives and future developments; and
Continued emphasis on safety, with the achievement of a 33 percent reduction in recordable incidents for each of the last three years.
To learn more about Montrose’s contributions toward a better, more sustainable and equitable future, please read its comprehensive 2022 ESG Report here.
Montrose is a leading environmental services company focused on supporting commercial and government organizations as they deal with the challenges of today, and prepare for what’s coming tomorrow. With more than 2,500 employees across over 80 locations around the world, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling the Company to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit www.montrose-env.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as "intend," "expect", and "may", and other similar expressions that predict or indicate future events or that are not statements of historical matters. Forward-looking statements are based on current information available at the time the statements are made and on management’s reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company’s control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Further, many of these factors are, and may continue to be, amplified by the COVID-19 pandemic. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company’s filings with the Securities and Exchange Commission for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.
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