GlobalData offers a comprehensive analysis of Mueller Industries, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Mueller Industries‘s ESG performance. GlobalData’s company profile on Mueller Industries offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Mueller Industries, a copper and brass products manufacturer, is focused on mitigating its environmental impact through monitoring and reducing its greenhouse gas emissions, increasing energy and water conservation, reducing waste, and recycling raw materials. Mueller Industries latest filings mentioned the keywords ‘Emissions’ and ‘Recycled’ most number of times in relation to 'Climate change'.
According to its Sustainability report 2023, the company reported its Scope 1 GHG emissions at 63,926 Metric Tonnes, Scope 2 GHG emissions at 100,414 Metric Tonnes, and Scope 3 GHG emissions at 546,277 Metric Tonnes, as of 2022. The company has implemented measures to reduce GHG Scope 1 emissions, including raw material substitution and state-of-the-art pollution control equipment for its casting operations. The company is also evaluating consultation with other copper industry participants to reduce its Scope 3 emissions. Mueller Industries is committed to reducing its environmental footprint through activities such as energy conservation, water conservation, waste reduction, and raw material recycling.
Mueller Industries has implemented a waste management program for its operations, which also addresses the packaging of shipments from suppliers and to customers. The company is continually driving towards a higher percentage of renewables and has determined that the composition of the sourced electricity mix is 65% non-renewable, 14% renewable, and 21% nuclear. In 2022, the company invested in and installed a multi-million-dollar refiner in the UK to increase the recycled content of its business to close to 100% starting in 2023.
In 2022, 94% of the company's waste generation was recycled, and the amount of material recycled is tracked and reported as landfill avoidance. The company engages in projects through which the local utility/regulator allows renewable co-generation. However, the company is also highly dependent on the local utilities lowering their GHG emissions by shifting to renewable energy.
In conclusion, Mueller Industries appreciates the importance of setting measurable longer-term targets in relation to mitigating its environmental impact. The company has begun compiling Scope 3 emissions data in 2021, and of the 15 categories for Scope 3 emissions, categories 1 through 9 were compiled. The company is committed to reducing its environmental footprint and has implemented measures to reduce GHG emissions, increase recycled content, and reduce waste sent to landfills.