Page 9 - Martin Marietta - 2024 Sustainability Report
P. 9

COMPANY OVERVIEW



        Engagement, Responsiveness and Accountability



        We have adopted a holistic approach to sustainability that is highly interactive, responsive and also responsible. We hold
        ourselves accountable to high standards and set meaningful targets and goals that we believe are achievable despite
        substantial challenges.


         Direct Shareholder Engagement                         Responsive to Shareholder Concerns


         • We welcome conversations with our shareholders,     • We adopted a Net Zero 2050 Ambition in our 2022
           inviting opportunities to discuss our strategy,       report
           accomplishments, challenges, and targets
                                                               • We include a discussion of physical, climate and
         • We engage at the highest levels of management;        other risks in our report
           our calls generally include the Chair and CEO,
                                                               • We have a TCFD Alignment Index and a SASB
           Executive Vice President, Executive Vice President and
                                                                 Index in our Sustainability Report, both of which have
           CFO, Senior Vice President, General Counsel and
                                                                 been updated for 2024
           Corporate Secretary, Head of Sustainability, Deputy
                                                               • We submitted responses to the revised combined CDP
           General Counsel and Head of Investor Relations
                                                                 Survey (GHG, Water, Forestry, Plastics) in October
         • In-person visits were conducted with a number of United
                                                                 2024
           Kingdom and European shareholders in September
                                                               • We began working with our outside experts to
         • In 2024, we continued our robust engagement
                                                                 prepare our submittal under the Science Based Target
           program, reaching out to more than 50 of our top
                                                                 initiative (SBTi) framework
           shareholders representing approximately 75% of our
           outstanding shares, by letter, telephonically or in  • We submitted responses and additional data to CDP,
           person to discuss topics including our safety, financial  SBTi, ISS, CPA-Zicklin, Great Place to Work, Climate
           and operating performance as well as our progress on  Action 100+ and Sustainalytics
           sustainability matters





         Robust Board Oversight                                Realistic and Meaningful Targets, Goals
                                                               and Ambitions
         • Our Ethics, Environment, Safety and Health (EESH)
           Committee, which guides our environmental and       • Medium term (2030): Targets set for the reduction of
           sustainability policies, meets at least four times a year  Scope 1 and Scope 2 GHG emissions
         • Established in 1994, it consists of fully independent  • Long term (2050): Net Zero target for Scope 2, Net
           Board members and reports to the full Board           Zero ambition for Scopes 1 and 2 combined
         • EESH Committee and other Board members have         • Targets are reviewed annually in light of technological
           significant experience and knowledge of               and specification changes, as well as portfolio changes
           sustainability matters
                                                               • We signed an SBTi commitment letter and began the
         • Other committees including Management                 process of SBTi target submittal and validation
           Development and Compensation, Audit, Nominating     • We began the process of evaluating our Scope 3 data
           and Corporate Governance and Finance all provide      under the GHG Protocol
           oversight on various aspects of the performance of
           management and the Company on these important
           issues





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