Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Social Stewardship
• Corporate Governance

Environmental Achievements

• Reduced energy consumption intensity by 10% in 2021 over 2020, exceeding the goal of a 3% reduction.
• Reduced total GHG emissions intensity by 15% over 2020.
• Reduced total water withdrawal intensity by 15% in 2021 over 2020.
• Diverted approximately 2,173 metric tons (10.6%) of waste from disposal through recycling and energy recovery.

Social Achievements

• Launched Diversity, Equity and Inclusion Council in June 2021.
• Conducted pay equity analysis in 2021 and rectified any anomalies.
• Introduced a new flexible work arrangements policy in 2021.
• Expanded parental leave policy in 2020.
• Launched new plan features to 401(k) plans in 2021.

Governance Achievements

• Conducted first formal materiality assessment in 2021.
• Refreshed Code of Business Conduct and Ethics in 2019.
• Implemented a global compliance program.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the pandemic.
• Aging equipment at Decatur facilities causing increased water withdrawal.
• Two workplace tragedies (mass shootings) at Albertville, Alabama and Aurora, Illinois facilities.

Mitigation Strategies

• Implemented a communication process involving multiple levels of the organization and engagement to suppliers.
• Working on identifying equipment that needs to be replaced or retrofitted at Decatur facilities.
• Established the Albertville Survivors’ Fund to support victims and their families.

Supply Chain Management

Supplier Audits: Over 85% of purchasing spend evaluated through a multi-dimensional supply chain risk scorecard.

Responsible Procurement

• Mueller Supplier Code of Conduct
• Conflict minerals due diligence

Climate-Related Risks & Opportunities

Physical Risks

• Disruptive weather patterns

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, UN SDGs, SASB

Certifications: ISO 9001, ISO 14001, ISO 27001 (i2O business), ISO 45001 (in process)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• EchoShore leak detection technology
• HYMAX pipe repair products
• Mi.Net AMI system
• Sentryx water intelligence platform

Awards & Recognition

• Voluntary Protection Program (VPP) Star site (Albertville facility)
• Safe Year Award (Decatur foundry)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Emissions
• Energy
• Water
• Waste
• Diversity, Equity and Inclusion
• Employee Health and Safety
• Community Engagement
• Ethics and Compliance
• Product Sustainability
• Supply Chain Management
• Human Rights

Environmental Achievements

• Reduced Scope 1 and Scope 2 emissions intensity by 51% against a 2015 baseline (17% year-over-year decrease compared to 2021)
• Used 56,925 metric tons of recycled metal vs. 22,644 metric tons of total waste generated, resulting in a net negative waste production
• Decreased total landfill waste by approximately 21% compared to 2021
• Helped clients save an estimated 2.8 billion gallons of water loss since 2020 (1.3 billion gallons in 2022 alone)

Social Achievements

• Expanded diversity, equity and inclusion programs
• Implemented initiatives to improve employee safety and health
• Maintained 63% participation rate in Wellness Program
• U.S. internal promotion rate of 26%

Governance Achievements

• Maintained strong corporate governance programs
• Tied 10% of executive bonuses to ESG metrics
• No material incidents of non-compliance with laws or regulations

Climate Goals & Targets

Environmental Challenges

• Rising inflation and unprecedented supply chain constraints
• Impacts of climate change on weather patterns
• Did not decrease water intensity by 3% year-over-year due to new chiller installation and equipment leaks
• Increased TRIR in 2022 compared to 2021

Mitigation Strategies

• Focused on ESG priorities and tracked additional ESG metrics
• Set a new emissions target and plan to submit commitment letter to SBTi
• Plan to address water intensity issues in 2023
• Reassessed and expanded employee onboarding process and launched a hand safety campaign

Supply Chain Management

Supplier Audits: Due diligence and on-site audits of high-risk suppliers

Responsible Procurement

• Supplier Code of Conduct detailing expectations on safety, anti-corruption, environmental protection, labor and human rights, trade and legal compliance, conflict minerals, and confidentiality

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Impacts to product lifespan and durability

Transition Risks

• Legislative and regulatory initiatives to limit GHG emissions
• Shifts in federal funding priorities
• Need to adjust products and services to remain competitive
• Economic uncertainty impacting supply chains and demand

Opportunities

• Development of products and services that help customers mitigate water-related climate risks

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001 (i2O business), ISO 45001

Third-party Assurance: Internal audit

UN Sustainable Development Goals

• SDG 6 (Clean Water and Sanitation)
• SDG 9 (Industry, Innovation and Infrastructure)
• SDG 11 (Sustainable Cities and Communities)

Mueller's products and services contribute to these goals by providing solutions for water transmission, distribution, and measurement; supporting sustainable infrastructure; and helping cities and municipalities deliver water efficiently and sustainably.

Sustainable Products & Innovation

• Lead-free brass alloy (C87850)
• Improved leak detection technology using AI and machine learning

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Stewardship
• Waste Reduction
• Occupational Health and Safety
• Employee Engagement
• Diversity, Equity, and Inclusion
• Ethics and Compliance
• Product Quality and Safety
• Community Involvement

Environmental Achievements

• ~3% year-over-year reduction in scope 1 and 2 emissions intensity compared with 2022
• ~90% recycled metal used to produce products
• 15%+ year-over-year decrease in waste directed to disposal
• 5.8 billion estimated gallons of water loss savings generated for clients by EchoShore® leak detection since 2020

Social Achievements

• 4% increase in Wellness Program participation, reaching 67%
• More than 48,000 hours of employee training completed
• 76% Employee Survey Engagement Score

Governance Achievements

• 100% employee completion of Code of Business Conduct and Ethics training
• MSCI upgraded Mueller to its highest ESG rating of AAA

Climate Goals & Targets

Environmental Challenges

• Increased water withdrawal intensity in 2023 due to the addition of distribution centers and the new brass foundry
• Need to analyze scope 3 emissions
• Cybersecurity incident impacting certain parts of its operational and information technology systems (post fiscal year close)

Mitigation Strategies

• Implementing emissions reduction initiatives (replacing inefficient equipment, eliminating air-line leaks, installing LED lighting)
• Developing products that support the distribution of safe and clean water, help control and mitigate non-revenue water loss, and provide critical information to water utilities and consumers
• Enhancing sustainable practices throughout the supply chain
• Implementing a risk management software solution and business continuity plans

Supply Chain Management

Supplier Audits: Regular supplier audits for all suppliers with a master service agreement

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Impacts to product lifespan and durability

Transition Risks

• Policy and legal changes
• Market shifts
• Changes in federal funding priorities
• Need to adjust products and services

Opportunities

• Development of products that help customers reduce water loss, detect leaks, and lower emissions

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 9001 (all manufacturing facilities), ISO 14001 (Southampton facility)

Third-party Assurance: Internal Audit department

UN Sustainable Development Goals

• Goal 6 (Clean Water and Sanitation)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 13 (Climate Action)

Mueller's products and solutions contribute to these goals by providing safe and efficient water transport, promoting sustainable infrastructure, and reducing GHG emissions

Sustainable Products & Innovation

• EchoShore® leak detection solution
• Lead-free brass alloy for valves and fittings

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Published fourth annual ESG Report, disclosing an approximate 3% reduction in Scope 1 and Scope 2 emissions intensity between 2022 and 2023 and a +15% decrease in waste directed to disposal compared to 2022.

Social Achievements

• Launched a frontline leadership training program; drove a culture of inclusion through employee-led councils and involvement with Women in Manufacturing; awarded the first annual Mueller HBCU Scholarship; conducted a robust employee engagement survey process with year-over-year increases in both participation and engagement.

Governance Achievements

• Continued to advance board refreshment plans by adding two highly accomplished directors; adopted tenure/age-based guidelines for continuing membership on our Board; MSCI ESG Research LLC upgraded Mueller’s ESG practices to its highest level of AAA.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, UN Sustainable Development Goals, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

enhanced global disclosure alignment with the United Nations Sustainable Development Goals

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• AAA ESG Rating from MSCI