Badger Meter Inc Unveils 2024 Sustainability Report with 20% Emissions Reduction, 18% Water Consumption Reduction and 30% GHG Intensity Goal.

Badger Meter Inc. has released its 2024 Sustainability Report, highlighting a 20% reduction in emissions intensity, an 18% reduction in water consumption, improved employee engagement, and significant water savings through advanced technologies. The company aims to reduce greenhouse gas intensity by 30% by 2030 and emphasizes its commitment to Environmental, Social, and Governance (ESG) initiatives.

MILWAUKEE, Wis., June 13, 2025 - Badger Meter Inc. (NYSE: BMI) has released its 2024 Sustainability Report, highlighting substantial progress in Environmental, Social, and Governance (ESG) initiatives. The report underscores the company's commitment to sustainability while achieving record financial results.

Badger Meter, celebrating its 120th anniversary, has consistently extended its sustainable solutions beyond traditional metering to include municipal water and wastewater networks. The report, aligned with frameworks such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and the Task Force on Climate-Related Financial Disclosures (TCFD), details key achievements:

- A 20% reduction in Scope 1 and 2 emissions intensity year-over-year, reflecting a cumulative 55% reduction from the 2020 baseline.
- A new goal to reduce greenhouse gas (GHG) intensity by 30% by 2030, using 2024 as the new baseline.
- An 18% year-over-year reduction in absolute water consumption, leading to a 30% reduction in water intensity.
- Improved employee engagement scores, with 95% participation in the fourth annual global survey.
- A 2024 study indicating that industry-leading cellular Advanced Metering Infrastructure (AMI) technologies enable customers to detect leaks more quickly, resulting in an estimated 5 billion gallons of annual water savings.

Kenneth C. Bockhorst, Chairman, President, and CEO, emphasized the company's approach to sustainability: "At Badger Meter, we believe in continuous improvement. Incremental changes over time can lead to lasting impact, and we manage our sustainability programs accordingly. Investing in sustainability also creates significant value, not only in the form of shareholder returns but also in protecting the world’s most precious resource."

Badger Meter's BlueEdge® suite of smart measurement hardware, reliable communications, data visualization, and analytics software continues to empower customers to optimize their operations and contribute to sustainable water management.

References:
- [1] https://www.badgermeter.com/newsroom/2024-sustainability-report/
- [2] https://finance.yahoo.com/news/badger-meter-releases-2024-sustainability-165600915.html
- [3] https://quantisnow.com/insight/badger-meter-releases-2024-sustainability-report-6081834
- [4] https://www.marketscreener.com/quote/stock/BADGER-METER-INC-15101/news/Badger-Meter-Releases-2024-Sustainability-Report-50216833/