U.S. Markets open in 7 hrs 39 mins
  • S&P Futures

    -12.75 (-0.28%)
  • Dow Futures

    +26.00 (+0.08%)
  • Nasdaq Futures

    -115.25 (-0.78%)
  • Russell 2000 Futures

    +3.40 (+0.17%)
  • Crude Oil

    -0.61 (-0.70%)
  • Gold

    -2.50 (-0.14%)
  • Silver

    -0.19 (-0.75%)

    +0.0015 (+0.1360%)
  • 10-Yr Bond

    0.0000 (0.00%)
  • Vix

    +1.74 (+7.30%)

    -0.0011 (-0.0788%)

    -0.2400 (-0.2103%)

    -3,393.35 (-8.07%)
  • CMC Crypto 200

    -81.86 (-8.23%)
  • FTSE 100

    -4.65 (-0.06%)
  • Nikkei 225

    -250.64 (-0.90%)

Mueller Water Products Reaffirms Essential Role of Sustainability in Corporate Purpose, Strategy and Long-term Value Creation

  • Oops!
    Something went wrong.
    Please try again later.
·4 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • MWA

Releases First Environmental, Social and Governance (ESG) Report

ATLANTA, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) today announced the release of its inaugural Environmental, Social and Governance (ESG) Report highlighting its sustainability achievements, initiatives and further steps to strengthen its focus on and commitment to sustainability.

“Access to clean, safe water is essential, and aging infrastructure remains a significant challenge for cities across the world. As we help water utilities and municipalities address these challenges, we recognize our responsibility to become more energy and water efficient with manufacturing the products they need. Our inaugural report reflects how sustainability has been an integral part of Mueller Water Products for many years. Our approach to sustainability is centered around our stakeholders: customers, investors, employees and communities. We are committed to minimizing our water and energy footprints while making smart products that are more efficient and safer for the environment. We are also developing technologies that provide actionable information for our customers and integrating technology into infrastructure to enable water utilities to enhance the health and efficiency of their distribution systems. As we continue to bridge the gap between intelligence and infrastructure, we are focused on providing products and solutions needed to protect the planet’s most valuable natural resource and deliver it to communities,” said Scott Hall, President and Chief Executive Officer of Mueller Water Products.

The framework for the ESG Report is guided by the sustainability standards set forth by the Global Reporting Initiatives (GRI), the Sustainability Accounting Standards Board (SASB) and the UN Sustainability Development Goals (SDGs). Key ESG achievements included in Mueller Water Products’ inaugural ESG Report include:

  • Realized a 4.0 percent decrease in energy usage intensity (between FY18 and FY20), leading to a decrease in greenhouse gas emissions.

  • Decreased water usage and waste to landfill intensity between FY18 and FY20.

  • Achieved a 60 percent decrease in TRIR between FY12 and FY20 with 76 percent fewer injuries at the Company’s three foundries over the same period.

  • Named a Winning ‘W’ Company for the second consecutive year by 2020 Women on Boards for having at least 20 percent women on its Board of Directors before 2020 (three out of ten total Board members).

"The Board provides ESG guidance and oversight as Mueller Water Products works to achieve its ESG goals," said Mark O'Brien, non-Executive Chairman. “We believe that a comprehensive ESG Approach is more than a matter of process. Our ESG Approach is premised on the accountability of the Board, senior management and employees. The Board oversees our ESG Approach through its Committees (Environment, Health and Safety; Audit; Compensation and Human Resources; and Nominating and Corporate Governance), while working closely with the ESG Management Committee. As a Board, we are confident that our strong commitment to ESG will help generate value for our stakeholders and improve our planet.”

To learn more about Mueller Water Products’ ESG efforts, please visit the ESG page on our website.

About Mueller Water Products, Inc.

Mueller Water Products, Inc. (NYSE: MWA) 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, and pipe condition assessment. 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., a Delaware corporation (“MWP”), 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. MWP brands include Mueller®, Echologics®, Hydro Gate®, Hydro-Guard®, HYMAX®, Jones®, Krausz®, Mi.Net®, Milliken®, Pratt®, Pratt Industrial®, Singer®, and U.S. Pipe Valve & Hydrant. Please see muellerwp.com/brands and krauszusa.com to learn more.

Investor Relations Contact: Whit Kincaid

Media Contact: Yolanda Kokayi