STOCK TITAN

Mueller Water Products Releases Fourth ESG Report

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Mueller Water Products has released its fourth Environmental, Social and Governance (ESG) report, highlighting key milestones in 2023. The company reduced Scope 1 and 2 emissions intensity by ~3% year-over-year, used ~90% recycled metal in production, and decreased waste directed to disposal by 15+%. Mueller's EchoShore® leak detection system generated an estimated 5.8 billion gallons of water loss savings for clients since 2020.

CEO Martie Edmunds Zakas noted that MSCI upgraded Mueller to its highest ESG level of AAA. The company also expanded its global disclosure alignment to include the United Nations Sustainable Development Goals (UN SDGs) and provided an initial climate-related response to the CDP. Mueller's 2023 ESG report aligns with GRI, SASB, and TCFD frameworks, demonstrating its commitment to sustainability and transparency in its operations.

Mueller Water Products ha pubblicato il suo quarto report su Ambiente, Sociale e Governance (ESG), evidenziando i risultati chiave raggiunti nel 2023. L'azienda ha ridotto l'intensità delle emissioni di Scope 1 e 2 di circa il 3% rispetto all'anno precedente, ha utilizzato circa il 90% di metallo riciclato nella produzione e ha diminuito i rifiuti diretti allo smaltimento di oltre il 15%. Il sistema di rilevamento perdite EchoShore® di Mueller ha generato un risparmio stimato di 5,8 miliardi di galloni d'acqua per i clienti dal 2020.

Il CEO Martie Edmunds Zakas ha osservato che MSCI ha aggiornato Mueller al suo livello ESG più alto, AAA. L'azienda ha anche ampliato la sua trasparenza globale per allinearsi agli Obiettivi di Sviluppo Sostenibile delle Nazioni Unite (UN SDGs) e ha fornito una risposta iniziale ai temi climatici per il CDP. Il report ESG 2023 di Mueller si allinea ai framework GRI, SASB e TCFD, dimostrando il suo impegno per la sostenibilità e la trasparenza nelle sue operazioni.

Mueller Water Products ha publicado su cuarto informe sobre Medio Ambiente, Social y Gobernanza (ESG), destacando los hitos clave de 2023. La empresa redujo la intensidad de las emisiones de Alcance 1 y 2 en aproximadamente un 3% en comparación con el año anterior, utilizó aproximadamente un 90% de metal reciclado en la producción y disminuyó los desechos dirigidos al vertedero en más del 15%. El sistema de detección de fugas EchoShore® de Mueller ha generado un ahorro estimado de 5.8 mil millones de galones de agua para los clientes desde 2020.

La CEO Martie Edmunds Zakas señaló que MSCI elevó a Mueller a su nivel ESG más alto, AAA. La empresa también amplió su alineación de divulgación global para incluir los Objetivos de Desarrollo Sostenible de las Naciones Unidas (UN SDGs) y proporcionó una respuesta inicial relacionada con el clima al CDP. El informe ESG 2023 de Mueller se alinea con los marcos GRI, SASB y TCFD, demostrando su compromiso con la sostenibilidad y la transparencia en sus operaciones.

무엘러 워터 프로덕츠(Mueller Water Products)는 2023년의 주요 이정표를 강조한 네 번째 환경, 사회 및 거버넌스(ESG) 보고서를 발표했습니다. 이 회사는 1 및 2급 배출 강도를 전년 대비 약 3% 줄였으며, 생산에 약 90% 재활용 금속을 사용하고, 폐기물 처리를 15% 이상 줄였습니다. 무엘러의 EchoShore® 누수 감지 시스템은 2020년 이래로 고객에게 58억 갤런의 수돗물 손실 비용 절감 효과를 가져왔습니다.

CEO 마르티 에드먼즈 자카스(Martie Edmunds Zakas)는 MSCI가 무엘러를 최고 ESG 등급 AAA로 격상시켰다고 언급했습니다. 이 회사는 또한 유엔 지속 가능한 개발 목표(UN SDGs)에 대한 글로벌 공시 기준을 확대하였고, CDP에 기후 관련 초기 응답을 제공했습니다. 무엘러의 2023 ESG 보고서는 GRI, SASB 및 TCFD 프레임워크와 일치하여 지속 가능성과 운영의 투명성에 대한 헌신을 보여줍니다.

Mueller Water Products a publié son quatrième rapport sur l'Environnement, le Social et la Gouvernance (ESG), mettant en lumière les principales réalisations de 2023. L'entreprise a réduit l'intensité des émissions de Scope 1 et 2 d'environ 3 % par rapport à l'année précédente, a utilisé environ 90 % de métal recyclé dans sa production et a diminué les déchets destinés à l'élimination de plus de 15 %. Le système de detection de fuites EchoShore® de Mueller a permis d'économiser environ 5,8 milliards de gallons d'eau pour ses clients depuis 2020.

Le PDG Martie Edmunds Zakas a souligné que MSCI a élevé Mueller à son niveau ESG le plus haut, AAA. L'entreprise a également élargi son alignement en matière de divulgation aux niveaux mondiaux pour inclure les Objectifs de Développement Durable des Nations Unies (ODD) et a fourni une première réponse liée au climat au CDP. Le rapport ESG 2023 de Mueller est en accord avec les cadres GRI, SASB et TCFD, démontrant son engagement envers la durabilité et la transparence dans ses opérations.

Mueller Water Products hat ihren vierten Bericht über Umwelt, Soziales und Unternehmensführung (ESG) veröffentlicht, der die wichtigsten Meilensteine von 2023 hervorhebt. Das Unternehmen reduzierte die Intensität der Scope 1- und 2-Emissionen im Jahresvergleich um etwa 3%, verwendete etwa 90% recyceltes Metall in der Produktion und verringerte die zur Entsorgung geleiteten Abfälle um über 15%. Muellers EchoShore® Leckageerkennungssystem hat seit 2020 geschätzte Einsparungen von 5,8 Milliarden Gallonen Wasserverlust für die Kunden generiert.

CEO Martie Edmunds Zakas stellte fest, dass MSCI Mueller auf das höchste ESG-Niveau AAA hochgestuft hat. Das Unternehmen hat auch seine globale Veröffentlichungsausrichtung erweitert, um die Vereinten Nationen Nachhaltigkeitsziele (UN SDGs) einzubeziehen, und eine erste klimabezogene Antwort an den CDP gegeben. Muellers ESG-Bericht 2023 entspricht den GRI-, SASB- und TCFD-Rahmenwerken und zeigt das Engagement des Unternehmens für Nachhaltigkeit und Transparenz in seinen Abläufen.

Positive
  • None.
Negative
  • None.

Report Highlights Several Key Milestones in 2023

ATLANTA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water, announced today it has released its fourth Environmental, Social and Governance (ESG) report, sharing the company’s ongoing progress to becoming a more sustainable, innovative and impactful organization.

2023 ESG Report Highlights

  • Reduced Scope 1 and 2 emissions intensity by ~3 percent year-over-year compared with 2022 even with the addition of the new brass foundry, six distribution centers and the Mueller corporate office
  • Used ~90 percent recycled metal to produce our products
  • Decreased waste directed to disposal by 15+ percent year-over-year
  • Used ~45,600 metric tons of recycled metal compared to ~18,900 metric tons of total waste generated
  • Generated 5.8 billion estimated gallons of water loss savings for clients by EchoShore® leak detection since 2020

“2023 was a year of great progress at Mueller from an environmental, health and sustainability perspective. We were upgraded by MSCI to its highest ESG level of AAA, an important milestone from an agency that evaluates and scores companies’ ESG practices,” said Martie Edmunds Zakas, Mueller’s Chief Executive Officer. “We also added to our global disclosure alignment to share our progress against the United Nations Sustainable Development Goals (UN SDSs) and provided our initial climate-related response to the CDP.”

“Mueller has been solving problems for our customers, communities and industries alike for more than 165 years,” Zakas continued. “We look forward to continuing to help our customers deliver clean, safe drinking water to millions of people for generations to come.”

The progress included in Mueller’s 2023 ESG report is captured in the globally accepted frameworks. We report in reference to the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) standards for the Industrial Machinery and Goods and Iron and Steel Producers industries and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). GRI, SASB and TCFD indices can be found in the appendix of the report.

Mueller’s full 2023 ESG report is available here. To learn more about Mueller Water Products’ ESG strategy, initiatives, performance, targets and goals, please visit the ESG page on our website, https://www.muellerwaterproducts.com/environmental-social-and-governance.

Cautionary Statement

The standards of measurement and performance contained in this report are currently being developed and are based on assumptions, and no assurance can be given that any plan, initiative, projection, goal, commitment, expectation or prospect set forth in this report can or will be achieved. Any references to the Sustainability Accounting Standards Board (SASB), Global Reporting Initiative (GRI), Task Force on Climate-related Financial Disclosures (TCFD) or other standards are provided for informational purposes only and are not intended to indicate that the Company currently complies with any such guidelines or standards. The inclusion of information in this report is not an indication that the subject or information is material to the Company’s business or operating results.

About Mueller Water Products, Inc.

Mueller Water Products, Inc. is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software technology that provides critical water system data. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. Visit us at www.muellerwaterproducts.com.

Mueller refers to one or more of Mueller Water Products, Inc. (MWP), a Delaware corporation, and its subsidiaries. MWP and each of its subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other.

Investor Relations Contact: Whit Kincaid
770-206-4116
wkincaid@muellerwp.com

Media Contact: Jenny Barabas
470-806-5771
jbarabas@muellerwp.com


FAQ

What were the key ESG achievements for Mueller Water Products (MWA) in 2023?

In 2023, Mueller Water Products (MWA) reduced Scope 1 and 2 emissions intensity by ~3%, used ~90% recycled metal in production, decreased waste directed to disposal by 15+%, and generated 5.8 billion estimated gallons of water loss savings for clients through EchoShore® leak detection since 2020.

How did Mueller Water Products (MWA) improve its ESG rating in 2023?

Mueller Water Products (MWA) was upgraded by MSCI to its highest ESG level of AAA in 2023, marking an important milestone in the evaluation of the company's ESG practices.

What sustainability reporting frameworks does Mueller Water Products (MWA) use in its 2023 ESG report?

Mueller Water Products (MWA) reports in reference to the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) standards, and Task Force on Climate-related Financial Disclosures (TCFD) recommendations in its 2023 ESG report.

How much recycled metal did Mueller Water Products (MWA) use in 2023?

Mueller Water Products (MWA) used approximately 45,600 metric tons of recycled metal in 2023, compared to about 18,900 metric tons of total waste generated.

Mueller Water Products, Inc.

NYSE:MWA

MWA Rankings

MWA Latest News

MWA Stock Data

3.94B
153.34M
1.88%
95.03%
2.04%
Specialty Industrial Machinery
Miscellaneous Fabricated Metal Products
Link
United States of America
ATLANTA