Little Rock, Ark. (ots/PRNewswire) – Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today released its 2023 Sustainability Report, providing updates on the Company’s sustainability journey and insights into its innovative work to support customers and communities around the world.
The 2023 Sustainability Report highlights key elements of Montrose’s long-term sustainability efforts, including caring for employees, serving the community, positively impacting our environment and creating meaningful change.
“At Montrose, we view the sustainability of our business as core to our decision-making framework,” said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group. “Our approach to sustainability addresses and focuses on the elements identified in our materiality analysis Factors that matter most to our company, our stakeholders and our employees This results in our comprehensive strategy for serving and supporting our customers – the One Montrose Way This means we integrate sustainable practices into our daily work while also serving our customers offering innovative solutions to maximize their positive impact on our shared environment.”
Key achievements for Montrose in 2023 include:
- Expanding the Company’s energy consumption and greenhouse gas (GHG) emissions disclosures, including recalculating the 2022 baseline inventory and conducting an expanded Scope 3 emissions inventory;
- Developing short-term targets to support the company’s net zero target and submitting these targets to SBTi for validation;
- Completed strategic acquisitions, including Matrix Solutions, Greenpath Energy and Vandrensning, to better serve the Company’s customers and deepen expertise in new regions;
- Completing a company-wide talent and compensation review to identify future leaders, assess talent gaps and identify future opportunities;
- Strengthening our cybersecurity measures by expanding the company’s dedicated cybersecurity team, adopting a generative AI policy and implementing an automated process to remediate security deficiencies; and
- Successful launch of two new Employee Resource Groups (ERGs) and continued investment in our Diversity, Equity and Inclusion program and WeLEAD mentorship program.
The company also provides information about its two long-term sustainability goals:
- Achieve net-zero GHG emissions by 2040; and
- Achieving and maintaining gender balance in the workforce by 2040.
Read that Montrose Sustainability Report 2023 and learn more about the company’s commitment, its innovative solutions and its contribution to improving our planet.
Information about Montrose
Montrose is a leading environmental solutions company focused on helping businesses and governments address today’s challenges and prepare for tomorrow’s. With approximately 3,200 employees in more than 100 locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering and operations that enables 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 and remediation, Montrose provides innovative and practical solutions to help its customers meet their immediate needs – and stay ahead of strategic evolution. For more information, see www.montrose-env.com.
Forward-Looking Statements
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 suggest future events or that are not statements of historical matters. Forward-looking statements are based on current information, available as of the date the statements are made and are based on management’s reasonable beliefs or expectations regarding future events and are subject to risks and uncertainties, many of which are beyond the Company’s control and which could cause actual performance or results to differ materially Other factors or events that could cause actual results to differ may differ from the assumptions or expectations expressed or suggested in the forward-looking statements, 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 required by applicable law. Investors are referred to the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023, for additional information regarding the risks and uncertainties involved could cause actual results to differ materially from those expressed in the forward-looking statements.
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