Page 41 - Proxy Statement - 2020
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Our 2019 Performance / Compensation Discussion and Analysis
Martin Marietta’s ability to consistently translate revenue growth into increased profitability has also given us the ability to protect our
balance sheet in order to make prudent acquisitions and capital investments in our business, while achieving a debt-to-EBITDA leverage
ratio of 2.2x at year-end. As a result, we have been able to position our business as an aggregates leader in 90% of the geographies in
which we operate and align our product offerings to leverage strategic cement and targeted downstream opportunities. This led to our
significant outperformance of our peers in 2019, during which time we delivered a 64 percent total shareholder return.
64%
31% 25%
1 YEAR TSR
S&P 500 S&P 500 Materials
Safety, Environment and Sustainability
Sustainability Reporting
Our commitment to sustainability is part of our core strategy and sustainability matters, including reporting Scope 1 GHG
we have a long track record of building solid foundations, caring emissions data across all of our business lines (both in terms of
about our employees, our communities and the environment, absolute emissions and emissions intensity). In that report, we
while responsibly growing our company. One of our also disclose Scope 1 GHG emissions reduction targets across
commitments to our shareholders and other stakeholders is to both our cement and magnesia specialties operations, which
improve each year on these metrics. In addition, we have are the sources of most of our Scope 1 GHG emissions, for
endeavored to tell our story better each year, informing our 2030 over a 2010 baseline year.
shareholders and other stakeholders about our efforts, costs, • We created a new position dedicated to sustainability and
risks, goals, and the relationship between our goals and communications.
management compensation.
• Our Chairman and CEO, joined by other senior managers,
In this regard, we have made the following enhancements to engaged with 13 shareholders specifically on sustainability
our Sustainability activities: issues, and discussed sustainability issues with almost all of
the 189 investor groups we met with in 2019.
• We reported in our 2018 Sustainability Report Scope 1 green
house gas (GHG) emissions data relating to our aggregates • In 2019, we hosted 7 investors and other stakeholders who
group. visited and toured our cement facilities and met with our
cement management team.
• Our most recent Sustainability Report, which will be issued in
April 2020, includes enhanced disclosures relating to key
Safe Operations Employee
Protecting all who come Well-Being
in contact with our Supporting and investing
products and operations, in our people - the
and creating a culture of foundation of our success
responsible leadership
Community Environmental
Well-Being Stewardship
Being a responsible Protecting the Earth’s
neighbor and supporting resources and reducing
the communities that are our environmental impact
home to our operations
2020 PROXY STATEMENT 37