Montrose Environmental Group Publishes Inaugural ESG Report
August 10 2021 - 08:30AM
Business Wire
Montrose Environmental Group, Inc. (the “Company,” “Montrose”)
(NYSE:MEG) recently released its inaugural Environmental, Social,
Governance (“ESG”) Report.
“At Montrose, ESG excellence has been and remains core to how we
operate and frame our decisions, because the environment is our
business,” said Vijay Manthripragada, President, Chief Executive
Officer, and Executive Director. “We are proud of our ESG
accomplishments to-date and are excited to share them with you in
this inaugural ESG report. We believe our business and financial
success is inextricably tied to how well we take care of our
people, our clients, and our communities – through our daily
actions and our services, which include measuring and improving air
quality and reducing greenhouse gas emissions, treating
contaminated water and soil, and creating resources and energy from
waste. We look forward to continued engagement with all our
stakeholders, to improving on our ESG practices, and to positioning
Montrose for long-term success.”
Montrose prepared its 2020 ESG Report under the direction of its
ESG working group. This group evaluated ESG risks and opportunities
based on the views held by its diverse stakeholders, leading ESG
frameworks, and rating agencies to identify ESG factors that are
relevant to Montrose’s business. Montrose’s ESG framework relied on
aspects of the Sustainability Accounting Standards Board (“SASB”),
the Task Force on Climate-related Financial Disclosures (“TCFD”),
and the United Nations Sustainable Development Goals (UN SDGs).
Specifically, Montrose has aligned with six of the 17 UN SDGs
focused on: Clean Water and Sanitation, Climate Action, Good Health
and Well-Being, Decent Work and Economic Growth, Reduced
Inequalities, and Industry, Innovation & Infrastructure.
Based on the assessment, the ESG working group identified the
following ESG priorities that impact Montrose’s business and
stakeholders:
- Professional Integrity
- Health and Safety
- Talent Development
- Diversity, Fairness, and Inclusion
- Environmental Impact for Clients
- Environmental Impact of Operations
- Cybersecurity and Data Privacy
- Corporate Governance
Portions of the ESG report are also dedicated to addressing the
internal actions Montrose has taken and continues to take to
support its employees and communities in response to the global
COVID-19 pandemic. In a year of unprecedented challenges, Montrose
recognizes that proactive incorporation of ESG considerations
provides opportunities to make the Company stronger.
This report marks the beginning of Montrose’s ESG journey. It is
an important milestone demonstrating Montrose’s efforts to serve
its clients, employees, communities, and stockholders. As Montrose
looks to the future, it remains committed to advancing and
reporting on the progress of its ESG priorities through successive
ESG reports.
Montrose’s 2020 ESG Report is available on the company’s
websites at https://montrose-env.com/about/sustainability/
About Montrose
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 2,000 employees across over 70 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
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version on businesswire.com: https://www.businesswire.com/news/home/20210810005326/en/
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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