A Word from the CEO
Sustainable development is critical in both protecting the environment 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.
We embarked on an important journey in 2010 when we launched our GreenMT sustainability program. Our goal then was to minimize our impact on the environment while at the same time realizing value for the company. Thanks to great progress from hundreds of individual GreenMT projects over many years, and our more recent shift to renewable electricity at our largest producing organizations, we have reduced METTLER TOLEDO’s carbon intensity by 64 percent in the last ten years. We are very pleased with this progress. We believe we can do more to reduce our carbon emissions even further.
We are pleased to announce that METTLER TOLEDO will target becoming carbon neutral already in 2020, covering all of its Scope 1 and Scope 2 CO2 emissions. We will achieve this ambitious goal with a combination of efforts and investments:
- Reducing emissions across the company through energy efficiency projects;
- Sourcing renewable electricity for our manufacturing facilities and offices; and
- Investing in carbon offset projects to compensate for remaining emissions.
We are also undertaking a comprehensive review of our waste generation and have committed to several goals relating to our waste, including reducing our waste intensity by 20 percent and achieving zero waste to landfill.
We invite you to take some time to review our progress and our plans as we continue our journey as a leader in sustainability.
Olivier A. Filliol
President and Chief Executive Officer