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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