Page 48 - Martin Marietta - 2021 Proxy Statement
P. 48

/ SUMMARY OF OUR COMPENSATION CONSIDERATIONS



          Both SOAR and our annual plan are reviewed and endorsed  Sustainability is a key component of our
          by all members of our Board of Directors. Our EESHC is an  strategy and business plan at Martin
          experienced, diverse and knowledgeable group and has for  Marietta. Sustainability excellence is not
          decades overseen our ongoing efforts to hone truly     only the right thing to do and a key
          sustainable business practices. Our full Board visits our
          operations frequently to hear firsthand from our team and  driver of shareholder value, it is a vital
          see the positive impact we have on our communities.    component of both our strategic
                                                                 planning process, SOAR, and our annual
                                                                 planning process.




                   Environmental Stewardship


          We have made the following enhancements to our Sustainability activities:
          • In our 2019 Sustainability Report, issued in April 2020, we reported our Scope 1 greenhouse gas (GHG) emissions across
            all business lines for the first time. In that report, we also disclosed Scope 1 GHG emissions reduction targets across both
            our cement and magnesia specialties operations, which are the sources of most of our Scope 1 GHG emissions, for 2030
            over a 2010 baseline year.
          • Our 2020 Sustainability Report, which will be issued in April 2021, we will expand the extensive disclosures included in
            our 2019 Sustainability Report. These will include additional key sustainability matters, such as Scope 2 GHG emissions
            data across all of our business lines.
          • Our Chairman and CEO, joined by other senior managers, engaged with six of our largest shareholders in 2020
            specifically on Sustainability issues. In addition, we discussed Sustainability issues with almost all of 313 investor groups
            we met with through virtual conferences, roadshows, field trips, and group meetings during the year.


                 Safety




          2020 was our safest year on record which strengthens our belief that Zero is Possible. This means operating our business
          without any safety incidents. Our goal is zero. We look to world-class companies and safety incident rates for guidance as
          to how we achieve this. We have continued to make headway in 2020 towards this important goal.

          Several of our facilities were recognized by the National Stone, Sand and Gravel Association (NSSGA) as Safety
          Excellence Award winners. These awards recognize operations that have gone the longest duration without a reportable
          incident in their size category, based on data provided by the U.S. Department of Labor’s Mine Safety and Health
          Administration. In 2020, our Benson Quarry and Onslow Quarry in North Carolina won gold-level honors, while our
          Charlotte Quarry in North Carolina earned a silver award, and our Moore Quarry in Iowa and San Pedro Quarry in Texas
          received bronze awards. As an enterprise, Martin Marietta received bronze-level honors in the large company category by
          the NSSGA in its Louis Greisemer Silver Safety Awards.

          The National Mining Association’s Sentinels of Safety Award
          recognizes coal and mineral mining operations in 10    Our Chattanooga Quarry was recognized
          categories for recording the most hours in a calendar year  by being awarded the National Mining
          without a single lost-time injury. A minimum of 4,000 hours  Association’s prestigious Sentinels of
          is required for award consideration. The award categories  Safety Award.
          reflect the safety accomplishments of both small and large
          mines.




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