Release date- 20062024 - Mettler-Toledo demonstrates its commitment to environmental stewardship and a sustainable future through its GreenMT and Supplier Engagement Programmes.
Mettler-Toledo Product Inspection, a global leader in precision instruments and product inspection technology, reaffirms its ongoing commitment to environmental stewardship and a sustainable future by achieving carbon neutral status for the fifth consecutive year. Additionally, the company is on track to achieve its goal of sending zero waste to landfill by 2025.
In 2023, Mettler-Toledo has made substantial strides toward its sustainability objectives. Efforts include accelerating the adoption of electric vehicles, ramping up solar power and district heating capacities and re-achieving targets for sourcing 100% renewable electricity. These achievements reinforce the company's commitment to sustainability and contribute to its 2030 science-based targets for emissions reduction.
The global business has also increased efforts related to sustainable product design, supplier engagement and transparency in its supply chain. The company's direct supplier engagement programme, initiated in 2022, has been further advanced, aligning with environmental, social, and governance (ESG) goals and commitments. Leveraging risk assessments, the programme targets suppliers where Mettler-Toledo can have the greatest impact, driving progress toward shared sustainability objectives.
Mettler-Toledo International, Inc. specializes in the design, manufacturing and marketing of precision instruments. Net sales break down by sector of activity as follows:
- research and development in laboratories (55.6%): weighing solutions (analytical balances, precision balances, microbalances, mass comparators, etc.), pipetting systems, analytical instruments (thermal analysis instruments, titrators, pH meters, densimeters, refractometers and spectrophotometers), automated reactors, etc. ;
- industries (39.3%): industrial scales, analysis systems, industrial inspection and control systems. The group also offers software solutions for weighing, measuring and identification, as well as solutions to monitor and control production processes;
- distribution of food products (6.1%): weighing solutions (weight / price scales, counter balances, cash balances, etc.), packaging, pricing, packaging and labeling.
Net sales by source of revenue break down between product sales (76.7%) and services (23.3%).
At the end of 2023, the group had 30 production sites worldwide.
Net sales are distributed geographically as follows: the United States (35.5%), the Americas (5.9%), Germany (5.8%), France (3.7%), Switzerland (2.4%), the United Kingdom (2.1%), Europe (12.8%), China (18.7%) and other (13.1%).