Page 48 - Martin Marietta - 2021 Proxy Statement
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/ 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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