Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• 11.6% reduction in Scope 1 Direct CO2 emissions
• 27.8% reduction in airborne pollutants
• Reduced GHG emission by nearly 17,000 tons from one plant
• Reduced Airborne Pollutants by nearly 1,500 tons from one plant
• 98% reduction in water volume sent to municipal city water system at one plant
• 29 million gallons/year reduction in water usage at one plant
• Reduced solid waste disposed to landfill by about 15,000 tons at one customer site
• Reduced greenhouse gas emissions by about 7,000 tons at one customer site

Social Achievements

• Zero fatalities
• 13% decrease in total recordable incident rate (TRIR)
• 30% increase in employee engagement metrics
• Launched a dedicated Global Inclusion Council
• Conducted training with over 120 senior leaders on unconscious bias
• Awarded 8,315 Bravo Chips to employees

Governance Achievements

• Creation of a dedicated Sustainability Lead Team in 2020
• No incidents of corruption

Climate Goals & Targets

Environmental Challenges

• Increased customer demand leading to increased energy use and waste
• Obstacles in achieving reduction targets in a dynamic manufacturing environment
• Increased water consumption in some facilities due to higher product demand

Mitigation Strategies

• Implementing projects to convert dryers to natural gas processes
• Improving fuel usage efficiency across global operations
• Investigating opportunities to increase green electricity sourcing
• Implementing closed loop cooling and water recovery projects
• Conducting site water usage studies

Supply Chain Management

Supplier Audits: 43 suppliers audited for supplier quality management in 2019

Responsible Procurement

• Supplier Code of Conduct
• Anti-Corruption Policy
• Conflict Minerals Policy
• Supplier Quality Management qualification scorecard

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 18001:2007 (CETCO Energy Services Malaysia)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Envirofil PCC
• Fluoro-Sorb adsorbent
• Additrol LE
• Products focused on mineral and fiber recycling, clean-up of contaminated water, containment of harmful pollutants, and emissions reduction.

Awards & Recognition

• Operational Excellence Achievement Award (multiple facilities)
• Recognition from Changshu Economic Development Zone for energy saving and recycling economy
• Best Presentation Award at 2019 Metalcasting Congress for Flo-Carb additive

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Management
• Waste Reduction
• Energy Efficiency
• Air Quality
• Diversity & Inclusion

Environmental Achievements

• Reduced Direct greenhouse gas emissions by 1,4% from 2018 to 2020
• Reduced Indirect greenhouse gas emissions by 21.8% from 2018 to 2020
• Reduced airborne pollutants by 23.3% from 2018 to 2020
• Reduced water used by 15% from 2018 to 2020
• Reduced wastewater discharge by 21% from 2018 to 2020
• Reduced landfill waste by 18% from 2018 to 2020
• Extracted and used about 1.1 million tons of carbon dioxide from customers’ exhaust stacks and sequestered those emissions into about 2.4 million tons of high-quality PCC.
• Colony West, Wyoming plant eliminated coal usage by switching to natural gas.

Social Achievements

• Lowest Total Recordable Rate (TRIR) in MTI history (0.60)
• 90% of facilities injury-free
• 63,426 employee suggestions implemented to remove waste and risk from processes
• 100% of employees completed comprehensive diversity and inclusion training module
• Received Newsweek’s 2021 ranking of America’s Most Responsible Companies Award

Governance Achievements

• Board provides oversight and guidance on ESG integration into business strategy
• Sustainability Lead Team reports directly to CEO and provides updates to the Board
• No legal or regulatory fines or settlements associated with violations of bribery, corruption or anti-competitive behavior in 2020

Climate Goals & Targets

Environmental Challenges

• Increased customer demand for high-value products leading to increased energy use and waste
• Balancing growth with resource efficiency

Mitigation Strategies

• Adapting processes at existing plants and designing new plants with innovative solutions for energy efficiency, lower water discharge, and minimized waste
• Establishing new, ambitious goals beyond 2025 targets
• Monitoring Scope 3 emissions and expanding transparency in reporting

Supply Chain Management

Supplier Audits: Majority of strategic suppliers audited in 2020

Responsible Procurement

• Supplier Code of Conduct
• Anti-Corruption and Anti-Bribery Policy
• Conflict Minerals Policies
• Standard Terms and Conditions

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Natural disasters

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Providing products to support partners' reduction goals

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001, OHSAS 18001/ISO45001, FAMI-QS, FSSC 22000, NSF/ANSI 60 and 61

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

• Eco-friendly cat litter products
• PFAS adsorbents
• Mineral and fiber recycling technologies
• Biodiesel fuel purification agents
• Toxin binders for animal feed
• Aluminum squeeze tubes for personal care products

Awards & Recognition

• Newsweek’s 2021 ranking of America’s Most Responsible Companies Award

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Switched from oil and coal fuels to natural gas at largest facilities, significantly reducing Scope 1 GHG emissions and airborne pollutants.
• Retired 14,096 renewable energy certificates, sourcing ~50% of electricity at Colony, Wyoming facilities with green wind energy.
• Extracted over 1.2 million tons of waste CO2 from PCC customers’ and own kiln exhaust stacks, sequestering emissions into consumer products.
• Reduced water usage by 21% and increased recycling and reuse in Paper & Packaging plants (30% less water in 2022 compared to 2018).
• Achieved 17.4% absolute Scope 1 emission reduction and ~30.2% intensity emission reduction since 2018.
• Exceeded 2025 airborne pollutant targets with a ~65% absolute emission reduction and ~70% intensity reduction since 2018.

Social Achievements

• 85% of locations injury-free over the last five years; zero fatalities.
• 128,000 hours of safety training completed.
• Dandeli Paper & Packaging facility in India built a reverse osmosis water purification system for 1,800 families.
• Over 1,000 books donated to schools through Jumpstart Book Program.
• Increased women in management by 49% (20% in 2022), women in workforce by 15% (17% in 2022), racial ethnic diversity in management (U.S.) by 20% (11% in 2022), and racial ethnic diversity in workforce (U.S.) by 35% (18% in 2022) since 2018.

Governance Achievements

• Annual ESG outreach program contacts holders of 90% of MTI shares.
• Governance improvements implemented from shareholder feedback.
• 8 of 9 directors on the Board are independent.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to geopolitical risks and market shifts.
• Climate-related risks such as extreme weather and regulatory changes.
• Maintaining a 100% injury-free workplace.

Mitigation Strategies

• Implementing robust risk management processes.
• Developing alternative sourcing strategies.
• Investing in comprehensive safety training and programs.
• Implementing fatality risk-reduction programs.

Supply Chain Management

Supplier Audits: Physical audits and virtual tools used to ensure compliance with MTI standards.

Responsible Procurement

• Supplier Code of Conduct
• Anti-Corruption and Anti-Bribery Policy
• Conflict Minerals Policy
• Standard Terms and Conditions

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Natural disasters

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Providing products to support carbon reduction goals of partners

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 9001:2015, ISO 14001:2015, OHSAS 18001/ISO 45001, ISO 22000/FSSC 22000, FAMI-QS

Sustainable Products & Innovation

• FulFill® platform of products
• ENVIROFIL® PCC
• NewYield® PCC
• Resistex® and Bentomat® environmental barriers
• FLUORO-SORB® adsorbents
• Scantrol™ system
• Volclay® bentonite clay
• Super-Lig™ leonardite
• Voltex® below-grade waterproofing products
• Liquid Boot® vapor barriers

Awards & Recognition

• Dongming, China bentonite mining and processing facility recognized as No. 1 in Liaoning Province’s Green Mine Program.

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Governance
• Safety
• Community Engagement
• Sustainable Procurement
• Water Management
• Waste Reduction

Environmental Achievements

• Achieved 10 of 12 environmental emission and discharge reduction targets ahead of 2025 target year.
• Reduced Scope 1 Emissions by approximately 9% in 2023 compared to 2022.
• Reduced Scope 2 Emissions by approximately 9% by sourcing greener electricity.
• Extracted over 1.2 million tons of waste CO2 from PCC customers’ and own kiln exhaust stacks and sequestered those emissions in useful consumer products.
• Achieved an 8% decrease in water withdrawn in 2023 compared to 2022.
• Reduced landfill waste by 40% compared to 2025 target reduction of 20%.

Social Achievements

• 89% of global sites operated injury-free.
• 140,000 hours of safety training completed by employees.
• Donated more than 1,000 books to promote literacy and provided clean water systems and food/supplies to those in need.
• Enhanced diversity and inclusion initiatives with training and implementation of recruitment and promotion practices.
• Actively engaged stakeholders: Annual ESG outreach program approached holders of 90% of MTI shares and met with 73% of shares held by active, institutional investors.

Governance Achievements

• Implemented governance improvements resulting from shareholder feedback in the areas of executive compensation, governance, board diversity, and reporting disclosures.
• Continued to build a qualified and diverse Board of Directors: 9 of 10 directors are independent; 50% diversity in gender or other underrepresented groups.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to climate events (implied)
• Human rights and labor issues in certain geographies (potential risks identified but no specific concerns reported)
• Climate-related risks (transition risks, regulatory risks, reputational risks, market shifts, physical risks)

Mitigation Strategies

• Updated Human Rights Policy in 2023.
• Conducted stakeholder interviews and examined potential human rights issues.
• Implemented strategies to identify, prevent, and mitigate human rights risks (management systems, auditing, supplier selection, due diligence).
• Developed a five-year Supply Chain Sustainability Strategy.
• Implemented a Responsible Supply Chain Management System.
• Engaged in continuous improvement to reduce emissions and discharges.
• Sourcing green electricity and implementing energy efficiency projects.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct
• Anti-Corruption and Anti-Bribery Policy
• Conflict Minerals Policy

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events
• Natural disasters
• Rising sea levels
• Changes in weather patterns

Transition Risks

• Regulatory changes
• Market shifts
• Reputational risks

Opportunities

• Providing products to support carbon reduction goals of partners
• Developing energy-efficient products and technologies
• Capitalizing on new market opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, CDP

Certifications: ISO 14001, ISO 45001, ISO 9001, ISO 50001 (5 sites)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• NewYield® technology
• Fluoro-Sorb® adsorbent
• Minscan® LCS solution

Awards & Recognition

• Operational Excellence Achievement Award