Page 9 - 2023 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
meaningfully 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 and lime requirements in other regions
• 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, amine scrubbing, cryogenic treatment, etc.) and use our healthy
balance sheet to implement technology quickly when it becomes viable in our lone remaining heritage cement plant
• Continue to work with Caterpillar, Komatsu and other partners to improve emissions in our aggregates business, and
deploy new technology as it becomes available
• Comply with the recently published SEC rules and other regulatory developments
• Continue to gather data for our Scope 3 emissions, which we believe generally come from trucking and railroads
• Have begun the process of setting and verifying reduction targets under the SBTi framework
• Continue to speak with, listen to, and respond to our shareholders
May July Sept Nov
Climate Ac on 100+ CDP SBTi Sustainaly cs
2023 2023 2023 2023
Submi ed responses and Par cipated in CDP Climate and Submi ed commitment le er Submi ed feedback and
addi onal informa on Water surveys, as well as to develop and submit science- valida on data to
related supply chain and plas cs based targets within 24 months Sustainaly cs
Net Zero GHG Emissions
modules
Ambi on by 2050 Began gathering Scope 3 Received an updated
emissions Sustainaly cs report
MARTIN MARIETTA 7
