Sustainable development is critical in protecting environmental, social and economic health and vitality and ensuring the long-term success of our company. A sustainable mindset helps us make the right decisions for our customers, employees, suppliers, shareholders, and the communities in which we operate.
I am pleased to present our latest Corporate Responsibility Report, which highlights our continued commitment to manage and operate our Company in a manner that considers future generations. We have a strong environmental, social, and governance (ESG) track record, as demonstrated by the results of our long-standing GreenMT Program. At METTLER TOLEDO, integration of ESG initiatives into our global operations validates our belief that long-term value creation is closely linked to sustainable practices. I am proud of our employees across the world, who truly live by our vision of One Team, Global Reach, and Amazing Solutions to deliver meaningful value to our customers and shareholders.
With all stakeholders in mind, we further intensified our efforts in 2022 across a broad range of ESG topics. I am very pleased with the progress we made, including increasing activities related to Design for Environment Principles and our Responsible Sourcing Framework, maintaining carbon neutrality in our global operations, and bolstering our existing commitments to an inclusive workforce. In anticipation of new reporting requirements, we have further enhanced our processes for data collection, assurance, and reporting related to climate change, and for monitoring ESG risks and opportunities.
Significantly, we also received approval from the Science Based Targets initiative (SBTi) for our ambitious greenhouse gas reduction targets. While our sustainability efforts are positively recognized by the industry’s most respected ratings agencies, we remain steadfastly focused on and firmly committed to continuous improvements toward our ESG goals.
I am excited to share details about our achievements and plans in this report and invite you to review our progress. We are proud of what we have accomplished so far and are excited about the opportunities that lie ahead as we continue to prioritize sustainability in our global operations.
Patrick K. Kaltenbach
President and Chief Executive Officer