I’m pleased to share with you Vulcan Materials Company’s 2022 Environmental, Social, and Governance Report.
The Vulcan Way is doing the right thing, the right way, at the right time.
We have a long history of servicing our customers and delivering results to our shareholders while embodying our commitments to people, to the safety and health of our Vulcan family members, to environmental stewardship, and to the neighborhoods and communities in which we live, work, and play. These commitments have always been part of the Vulcan Way.
Vulcan’s 2022 Environmental, Social, and Governance Report highlights our programs, goals, and policies aligned to the Sustainability Accounting Standards Board (SASB) framework and the Task Force on Climate-Related Financial Disclosures (TCFD).
Most importantly, it highlights the great work of our people and partners.
In 2022, Vulcan focused on recruiting the best, most diverse talent, keeping them healthy and safe, and providing them with career paths and opportunities for growth. We launched WorkforVulcan.com so people looking for careers can learn not only about the work they will do but also about the culture that makes this company great. Technical skills training and other learning opportunities have been made available on mobile devices to all of our employees. Vulcan’s new Under the Hard Hat program emphasizes mental health, an important aspect of safety.
We continued to develop a better understanding of our greenhouse gas emissions (GHG) footprint. For the first time, we inventoried our Scope 1 and 2 emissions by business segment and fully incorporated acquisitions and divestures into our calculations. We also piloted a Scope 3 supplier engagement program and calculated emissions for five of the 11 applicable reporting categories. This visibility will help us set new goals and shape effective emissions reductions strategies.
With the COVID-19 pandemic waning, our people accelerated engagement with our community partners as they strengthened educational initiatives, addressed environmental priorities, provided health and human services support, and invested in the civic and economic development of the communities where we work and operate. Over $5 million was donated in 2022 to the work of our partner schools and nonprofit organizations from the Vulcan Materials Company Foundation, which complemented our community engagement.
I am so proud of our people and their commitment to this company and to one another. Together we will continue to focus on driving sustainable, durable growth the Vulcan Way.
J. Thomas Hill
Chairman, President, and Chief Executive Officer