Mueller Water Products Releases Fourth ESG Report
September 10 2024 - 7:01AM
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
Kincaid770-206-4116wkincaid@muellerwp.com
Media Contact: Jenny
Barabas470-806-5771jbarabas@muellerwp.com
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