Corporate Responsibility
Report 2022
Report 2022
Covering 2021 Reporting Year
METTLER TOLEDO is a Leading Global Supplier of Precision Instruments and Services
17,800
Workforce
$3.7 Billion
Net Sales
40
Countries with Operations
140+
Countries Served
About METTLER TOLEDO
We have strong leadership positions in all of our businesses and believe we hold global number-one market positions in most of them. We are recognized as an innovation leader and as a company committed to
sustainability. Our solutions are critical in key research and development, quality control, and manufacturing processes for customers in a wide range of industries including life sciences, food, and
chemicals. Our sales and service network is one of the most extensive in the industry. Our products are sold in more than 140 countries, and we have a direct presence in approximately 40 countries. With
proven growth strategies and a focus on execution, we have achieved a long-term track record of strong financial performance and sustainable growth.
A Word from the CEO
In 2021, METTLER TOLEDO committed to science-based targets for absolute reduction of greenhouse gas emissions.
Dear Stakeholders,
We have a strong track record in environmental, social, and governance (ESG) areas demonstrated by the results of our long-standing GreenMT sustainability program. We believe it is our fundamental responsibility to act in a manner that considers future generations. This sustainable mindset fortifies our long-term growth model and guides us to make the right decisions for all our stakeholders.
In 2021, we benefited from a strong rebound in customer demand and excellent performance by our teams throughout the world, despite the ongoing challenges related to the global pandemic. Protecting the health and safety of our employees while at the same time meeting the needs of our customers remain key priorities. Our culture of agility and resilience is essential as we navigate the ongoing challenges in the global environment.
Our successful sustainability journey continues and we set additional and more ambitious ESG goals in 2021. Most importantly, we are now committed to not only maintaining carbon neutrality for our operations but also to establishing science-based targets to drive absolute reduction of greenhouse gas emissions across our operations and supply chain. In addition, we introduced a new Diversity and Inclusion Policy with specific goals related to women's representation in management. Furthermore, beginning this year, we will link executive management compensation to additional specific ESG targets.
We are excited about our achievements and plans and invite you to take some time to review our progress as we further our recognized leadership in sustainability.
Sincerely,
Patrick K. Kaltenbach
President and Chief Executive Officer
April 2022
We have a strong track record in environmental, social, and governance (ESG) areas demonstrated by the results of our long-standing GreenMT sustainability program. We believe it is our fundamental responsibility to act in a manner that considers future generations. This sustainable mindset fortifies our long-term growth model and guides us to make the right decisions for all our stakeholders.
In 2021, we benefited from a strong rebound in customer demand and excellent performance by our teams throughout the world, despite the ongoing challenges related to the global pandemic. Protecting the health and safety of our employees while at the same time meeting the needs of our customers remain key priorities. Our culture of agility and resilience is essential as we navigate the ongoing challenges in the global environment.
Our successful sustainability journey continues and we set additional and more ambitious ESG goals in 2021. Most importantly, we are now committed to not only maintaining carbon neutrality for our operations but also to establishing science-based targets to drive absolute reduction of greenhouse gas emissions across our operations and supply chain. In addition, we introduced a new Diversity and Inclusion Policy with specific goals related to women's representation in management. Furthermore, beginning this year, we will link executive management compensation to additional specific ESG targets.
We are excited about our achievements and plans and invite you to take some time to review our progress as we further our recognized leadership in sustainability.
Sincerely,
Patrick K. Kaltenbach
President and Chief Executive Officer
April 2022
Strategic Program —
GreenMT
The GreenMT program is to support the Company’s mission by pursuing Environmental, Social, and Governance (ESG) priorities where we can have a significant positive impact.
GreenMT Goals
- Reduce energy consumption and greenhouse gas emissions
- Reduce waste and increase recycling
- Emphasize the sustainable features of our products and services, and continue to expand those features
- Leverage our responsible sourcing framework to ensure sustainable conduct throughout our supply chain
- Continuously improve our employment conditions and high-performance culture
- Continue to foster a diverse and inclusive workplace
- Foster an ever-safer workplace for all employees
- Be a corporate governance leader, including compliance with relevant standards and principles
- Provide clear, accurate, and consistent disclosure on our GreenMT progress
- Align the GreenMT strategy and related disclosures to the goals, standards, and frameworks most relevant to us
Featured Highlights
- In 2021, METTLER TOLEDO committed to science-based targets for absolute reduction of greenhouse gas emissions
- In 2021, we made significant progress in reducing the share of waste sent to landfills
- We introduced sustainability targets for our product packaging to be achieved by 2025
- We received gold medal status from EcoVadis for our ESG efforts
- We introduced a new Diversity and Inclusion (D&I) Policy and corresponding targets
