Badger Meter Releases 2020-2021 Biennial Sustainability Report
June 16 2022 - 4:30PM
Business Wire
Badger Meter, Inc. (NYSE: BMI) today announced that it has
released its biennial 2020-2021 Sustainability Report highlighting
its commitment and progress related to Environmental, Social and
Governance (“ESG”) efforts.
“Sustainability is core to Badger Meter’s purpose and culture,
and we recognize that as a company we have a responsibility to
reduce our own impact on the environment as well as lead in
developing solutions that preserve and protect the world’s most
precious resource – water,” said Kenneth C. Bockhorst, Chairman,
President and CEO.
The Sustainability Report focuses on four strategic pillars –
Governance, Products, Operations and People – that help define and
guide ESG-related matters at Badger Meter. While long-term goals
are established for certain key metrics like Greenhouse Gas (GHG)
emission intensity, a continuous improvement approach to addressing
ESG principles has been broadly deployed, which is consistent with
how the Company sets strategy, manages key business processes and
evaluates progress. A number of advances are described within this
new report, including:
- Enhancements to reporting in line with standards set forth by
the Global Reporting Initiative (GRI), United Nations Sustainable
Development Goals (SDGs), the Sustainability Accounting Standards
Board (SASB) and the Task Force on Climate-related Financial
Disclosures (TCFD).
- Completion of an ESG materiality assessment, identifying the
ESG topics most material to the Company and its stakeholders,
including:
- Innovating to deliver water and energy efficient
solutions;
- Engaging an inclusive and diverse workforce; and
- Enhancing risk management
- Enrichments to the governance structure and processes related
to ESG matters at the Board of Directors, Board committee and
management levels.
- Establishment of a baseline GHG emissions intensity rate in
2020, and a 15% intensity reduction target by 2030, with detailed
plans to meet that goal.
Bockhorst concluded, “Risks from climate change, the pandemic
and other global events have spotlighted the need to enable and
promote sustainability. We will continue to integrate the tenets of
ESG into our business strategies and practices. It’s not only the
right thing to do, but also a priority of our employees, customers
and shareholders.”
The Sustainability Report can be found here:
https://www.badgermeter.com/sustainability-and-ethics/
About Badger Meter
With more than a century of water technology innovation, Badger
Meter is a global provider of industry leading water solutions
encompassing flow measurement, quality and other system parameters.
These offerings provide our customers with the data and analytics
essential to optimize their operations and contribute to the
sustainable use and protection of the world’s most precious
resource. For more information, visit badgermeter.com.
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Karen Bauer (414) 371-7276 kbauer@badgermeter.com
Badger Meter (NYSE:BMI)
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