Page 41 - 2023 Sustainability Report
P. 41

SAFE OPERATIONS



        World-Class Safety Performance


                                                    Given the nature and physical demands of our building materials
                                                    production activities, operating our business safely is at the core of
                                                    our long-term success and our ability to continue delivering value.
                                                    We know our employees are our most valuable asset, and, in 2023,
                                                    we continued our impressive safety performance.


                                                      “In 2023, our lost-time incident rate was

                                                      further reduced to 0.13, meaning 99.9
                                                      percent of our ~9,400 employees

                                                      experienced zero lost-time incidents, a
                                                      world-class level for the seventh straight
                                                      year.”




        Our 2023 performance is the again one of best safety records in Martin Marietta’s history, with company-wide lost time and
        total injury incidents exceeding world-class levels. In 2023, our total injury incident rate (TIIR) of 0.78, exceeded the world-
        class rate of 0.90 for the third year in a row, inclusive of acquired operations. Also, our lost-time incident rate was
        further reduced to 0.13, meaning 99.9 percent of our ~9,400 employees experienced zero lost-time incidents, achieving a
        world-class level for the seventh straight year. We believe that we are on the right track to realizing our goal of zero
        incidents and our Guardian Angel safety culture is a key part of our ongoing efforts to keep our employees safe.
        Achieving World-Class Safety

                       Lost-Time Incident Rate (LTIR)             Total Injury Incident Rate (TIIR)

                     0.39
                                                                 1.34
                                                                      1.26

                           0.24                                             0.84
                                                                                  0.78  0.78
                                                                                               World-Class
                                                                                               Safety Level
                                 0.17              World-Class                                 (0.90)
                                       0.15        Safety Level
                                            0.13
                                                   (0.20)
                    2010  2015  2021  2022  2023                2010  2015  2021  2022  2023
        *LTIR and TIIR are per 200,000 people hours worked. World-class levels determined by external benchmarking against companies inside and outside the
        aggregates industry.
        Safety Highlights

        • Tied for safest year on record, with TIIR of 0.78, below the world-  • Established a Safety Executive Steering Committee
          class rate of 0.90 for the third consecutive year in the Company’s  • Established a Safety Task Force
          history
                                                              • 99.9% of employees worked with ZERO lost-time incidents in 2023
        • Southwest and East Divisions exceeded world-class Total Injury
          Incident Rate (TIIR) with TIIRs of 0.63 and 0.69, respectively  • 99.1% of employees worked with ZERO incidents in 2023
        • World-class LTIR for the 7th consecutive year       • 84 business units finished 2023 with ZERO lost-time incidents
                                                                during 500,000+ consecutive hours of work
        • Safety performance sets the foundation for long-term financial
          strength and successful SOAR execution              • 23 Business units achieved new safety milestones during the year.


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