Montrose Environmental Group Releases 2022 Sustainability Report with Expanded Disclosures
01 August 2023 - 7:11AM
Business Wire
Montrose Environmental Group, Inc. (“Montrose” or the “Company”)
(NYSE: MEG), a leading environmental services company, today
released its 2022 Sustainability Report showcasing the advancements
undertaken to contribute to a more sustainable future.
The One Montrose: 2022 Sustainability Report highlights several
milestones that the Company achieved, related both to progressing
the overall sustainability strategy and increasing the scope of
disclosures. These milestones include:
- Completing the first formal materiality assessment to
understand and prioritize sustainability risks, opportunities, and
impacts, taking into account internal and external stakeholder
expectations;
- Disclosing energy use, in addition to greenhouse gas (GHG)
emissions;
- Expanding the boundaries of Scope 1 and Scope 2 GHG emissions
disclosures to account for our full global profile;
- Calculating and reporting the Scope 3 GHG emissions associated
with Montrose’s value chain for those categories most material to
the business;
- Providing more granularity in employee demographic data;
and
- Aligning disclosures with reference to the Global Reporting
Initiative (GRI) Standards, in addition to SASB and the UN
Sustainable Development Goals.
Additionally, Montrose established two long-term sustainability
goals:
- Achieve net zero GHG emissions by 2040; and
- Achieve and maintain gender balance across our workforce by
2040.
The One Montrose: 2022 Sustainability Report emphasizes
Montrose’s contributions toward a sustainable future through work
for its clients around the globe. In particular, the report
highlights how Montrose has supported clients with treating PFAS
contamination in water using cutting-edge technology, reducing
methane emissions through more effective leak detection and sealing
techniques, and helping transform a brownfield site into an
innovative and vibrant hub. Through its innovative solutions,
Montrose demonstrates its dedication to environmental
sustainability and solidifies its role as a leading environmental
services provider.
“At Montrose, sustainability is not merely a concept. It is
deeply embedded in the fabric of our business and directly
contributes to our mission: to help protect the air we breathe, the
water we drink, and the soil that feeds us,” said Vijay
Manthripragada, President and Chief Executive Officer. “Our
long-term goals further solidify our commitments to our planet and
to our communities while enhancing our ability to create
shareholder value, not only through the environmental solutions we
provide our clients, but also from our own operations and value
chain.”
From reducing greenhouse gas emissions and treating
contamination in water, to supporting clients on their
environmental sustainability journeys while also making progress on
its own, Montrose is driven to serve its clients, employees,
communities, stockholders, and the planet.
Read Montrose’s 2022 Sustainability Report to learn more about
its activities, commitments, and innovative solutions.
About Montrose
Montrose is a leading environmental solutions company focused on
supporting commercial and government organizations as they deal
with the challenges of today, and prepare for what’s coming
tomorrow. With approximately 3,500 employees across more than 90+
locations around the world, Montrose combines deep local knowledge
with an integrated approach to design, engineering, and operations,
enabling Montrose 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, remediation, and
sustainability, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230731632318/en/
Montrose Contacts Investor Relations: Rodny Nacier (949)
988-3383 ir@montrose-env.com Media Relations: Doug Donsky (646)
677-1844 Montrose@icrinc.com
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