MTX Minerals Technologies Inc.

Minerals Technologies Publishes 2021 Corporate Responsibility and Sustainability Report

Minerals Technologies Publishes 2021 Corporate Responsibility and Sustainability Report

Highlights:

  • Exceeded Five of Six Environmental Reduction Targets Four Years Early
  • Set New Targets to More Aggressive Goals for 2025
  • Broadened ESG Disclosure: Stronger Alignment to GRI, SASB and TCFD

NEW YORK, July 27, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) has published its 14th annual Corporate Responsibility and Sustainability Report, which highlights the significant progress the Company continues to make with its environmental, social and governance (ESG) priorities. The new report can be accessed and features comprehensive information and key examples of how our employees are supporting MTI in its commitment to sustainability.

This report details how MTI exceeded – four years early – five of its six 2025 environmental reduction targets, driving the Company to reset them to more aggressive goals. It also outlines MTI’s continuous improvement in other key areas, including: health and safety, the pace of sustainable product development, employee engagement, diversity and inclusion, community outreach, supply chain management, as well as ethics and compliance.

“At Minerals Technologies, sustainability is embedded into our strategy, our thinking, our product development, our people and our values, serving as a fundamental pillar of our high-performance culture,” said Douglas T. Dietrich, Chairman and Chief Executive Officer. “This year’s report provides a comprehensive overview of our wide-ranging ESG efforts for all stakeholders. Our significant progress in our target environmental-education areas, which resulted in us surpassing our initial goals, led us to set more ambitious targets for 2025. I’m extremely proud of all our employees, as their engagement has been instrumental in advancing our sustainability initiatives.”

About Minerals Technologies Inc.

New York-based Minerals Technologies Inc. (MTI) is a global resource- and technology-based company that develops, produces, and markets a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. MTI serves the consumer products, paper, packaging, foundry, steel, construction, environmental, energy, and polymer industries. The Company reported sales of $1.9 billion in 2021. For further information, please visit our website at . (MTI-G)

Investor Contact:

Erik Aldag, (212) 878-1831

Media Contact:

Jared Kornblatt, (212) 878-1840



EN
27/07/2022

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Minerals Technologies Inc.: Update to credit considerations

Our credit view of this issuer reflects its vertical integration and abundant bentonite reserves, against its cyclical end-markets and Barretts Minerals litigation.

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