Page 9 - 2022 Sustainability Report
P. 9
COMPANY OVERVIEW
Our Challenges
• Carbon capture and other innovations are yet to be proven; today, there is no commercially viable technology to
reduce emissions in cement production
• We must comply with ASTM International (ASTM), the Texas Department of Transportation (TXDOT) and our customer
specifications, which differ from cement requirements in other areas
• Alternative fuel and additives are regulated differently in the U.S. than in other countries
• The U.S. EPA requires certain calculation methods regarding alternative fuels that are different from other countries,
making same-on-same comparisons of GHG difficult
Our Intentions
• Make promises we can keep and explain specifically how we intend to do so
• Operate our business in a responsible manner from a long-term financial perspective
• Stay close to developing technology (e.g. Fortera) and use our healthy balance sheet to implement technology quickly
when it becomes viable in both of our two heritage cement plants
• Continue to work with Caterpillar, Komatsu and other partners to improve emissions in our aggregates business
• Comply with forthcoming SEC rules and other regulatory developments
• Continue to consider how to accurately set targets and goals for our Scope 3 emissions, which generally come from
trucking and railroads
• Consider setting and verifying reduction targets under the SBTi framework
• Continue to listen to, speak with, and respond to our shareholders
MARTIN MARIETTA 7