Page 18 - 2020 Sustainability Report
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OUR SUSTAINABILITY APPROACH
Martin Marietta’s Investor Day Focuses on
Sustainability: Soar to a Sustainable Future
Martin Marietta incorporates sustainability in its long-term strategy, day-to-day operations, and assessment of how well
the business is performing. We refresh our Strategic Operating Analysis and Review, or SOAR, every five years, and
include performance objectives relating to our sustainable growth and performance. Execution of our SOAR objectives has
led to a dynamic 10 years of growth; our most recent SOAR 2025 was presented to our Board of Directors in 2020. We
have achieved this growth responsibly, and with a focus on Safety, the Environment, our Employees, our Communities, as
well as Growth and Capital Allocation.
Strategic Operating Analysis and Review
Safe Environmental Employee Community Platform for Commercial and Capital
Operations Stewardship Well-Being Well-Being Growth Operational Allocation
Excellence
As you will read in this report, 2020 was the safest year
in our Company’s history despite 2020’s public health and “Our business is guided by its Mission,
other pandemic-related challenges. Our Company-wide Vision and Values. Its foundation is to
total injury incident rate, or TIIR, and lost-time incident operate Safely, Ethically, Sustainably, and
rate, or LTIR, exceeded or almost reached world-class to pursue Operational Excellence. In doing
levels. This means more of our colleagues go home safely
this we focus on our four pillars of Safety,
at the end of each shift than ever before. It’s the right
Environmental Stewardship, Employee
thing to do, and it’s good business. Safety sets the
Well-Being and Community Well-Being.
foundation for achieving our long-term objectives. Safety is
part of our culture, it is part of our strategy, it is part of our And we undertake what we view as our
day-to-day operations, and it is part of our performance duties, not just as a building materials
objectives, as are the other pillars of our Sustainability Company, but as a world-class
program. These were all a focus of our Investor Day in organization:
February 2021 as a way for us to create more value for our
Building a better organization
stakeholders.
Building a more valuable organization”
– Ward Nye, Chairman and CEO
16 2020 SUSTAINABILITY REPORT