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Montrose Environmental Group Releases 2023 Sustainability Report, Executive Summary

Montrose Environmental Group Releases 2023 Sustainability Report, Executive Summary

SMALL STONEArk. , July 2, 2024 /PRNewswire/ — Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a fast-growing global environmental solutions company, today released the executive summary of its 2023 Sustainability Report, highlighting the Company’s key sustainability achievements and celebrating innovations that are making a global impact.

Print (PRNewsfoto/Montrose Environmental Group, Inc.)

The summary of the 2023 Sustainability Report focuses on Montrose’s approach to sustainability, the impact of the environmental solutions provided and Montrose’s own environmental performance.

“I am very proud of our team’s work to advance our sustainability journey in 2023, along with the contributions we’ve made to protect our shared environment,” said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group. “Innovation is at the heart of our own sustainability practices and the cutting-edge solutions we provide to customers. We’ve accelerated our research and development efforts to better prepare for and overcome the challenges of today, tomorrow and the future.”

The summary celebrates the company’s achievements in 2023, including:

  • Submitting short-term greenhouse gas reduction targets for validation by the Science-Based Target Initiative (SBTi);
  • Establishing two new Employee Resource Groups; and
  • Expanded the company’s cybersecurity team and completed over 4,700 hours of cybersecurity training across the organization.

In addition, the application of innovative solutions in 2023 will have had a meaningful impact, including:

  • 184,808 million British Thermal Units (MMBtu) of renewable natural gas (RNG) generated through the application of our biogas technology;
  • 62,320 working days for leak detection and repair (LDAR) and 47,384 methane leaks (CH4) detected by applying LDAR testing;
  • 20 patent applications filed, 19 patents granted/allowed and 33 pending;
  • 4+ billion gallons of water treated for per- and polyfluorinated compounds (PFAS), resulting in 4,071 pounds of PFAS removed from the environment globally; and
  • 63 million gallons of water purified of non-PFAS contaminants.

Read the summary of Montrose’s 2023 Sustainability Report to learn more about the company’s sustainability performance and innovative developments.

About Montrose

Montrose is a leading environmental solutions company focused on helping commercial and government organizations meet today’s challenges and prepare for what’s coming tomorrow. With ~3,200 employees in over 100 locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering and operations, enabling Montrose to respond effectively and efficiently to the unique demands 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 customers ahead of their immediate needs – and ahead of the strategic curve. For more information, visit 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 can be identified by the use of words such as “intend,” “expect,” and “may,” and other similar expressions that predict or indicate future events or are not statements of historical matters. Forward-looking statements are based on current information available at the time the statements are made and on management’s reasonable belief or expectations regarding future events, and are subject to risks and uncertainties, many of which are beyond the Company’s control, that could cause actual performance or results to differ materially from the belief or expectations expressed or implied by the forward-looking statements. Additional factors or events that could cause actual results to differ also may emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date 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 about the risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statement.

Contacts

Montrose

Investor Relations:
Rodny Nacier
(949) 988-3383
[email protected]

Media relations:
Sarah Keizer
(225) 955-1702
[email protected]

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SOURCE Montrose Environmental Group, Inc.