Vulcan Materials Company – Social Responsibility | Our Environmental, Social & Governance Commitments to You

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.

Sincerely,

J. Thomas Hill
Chairman, President, and Chief Executive Officer

Doing The Right Thing, The Right Way, At The Right Time. It's The Vulcan Way.

We are the company we are today thanks to the positive actions of our nearly 12,000 team members. We believe that doing the right thing is good for our business, our environment and our society. That’s our commitment.

People

At Vulcan, our team members are our most valuable asset and the reason for our success. When we say the “Vulcan family,” implicit in that description is a promise to every one of our almost 12,000 employees that we are dedicated to fostering a culture of integrity, teamwork, and mutual respect. We are proud to offer career development and training opportunities, a positive company culture, and comprehensive benefits designed to support the needs of our employees and their families. At Vulcan, we invest in the success of our business by first investing in our people.

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Health & Safety

The safety and health of our people is our top priority and the foundation of how we do business. Our Safety, Health, and Environmental (SHE) teams include input from every level of our organization — from senior leadership in the Safety, Health, & Environment Management Committee to operations and safety personnel from each site. We are dedicated to continuous improvement of our safety programs through ongoing internal inspections, regulatory audits, and sharing of best practices.

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Environmental Stewardship

Environmental stewardship is necessary for Vulcan’s long-term sustainability and growth. Production of construction aggregates requires land, energy, and water. Efficient use of these resources and management of the environmental impacts of our operations are embedded in our business planning. Our intentional approach to environmental stewardship has also produced increased operational efficiency and reduced costs, new opportunities for growth, and effective risk management.

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Neighbors & Community

Being a good neighbor and corporate citizen is not just the right thing to do for our business, but it is how we build lasting partnerships in our communities. From collaborating with local community groups and philanthropic organizations to government officials, supply chain partners, and Indigenous groups, we believe in being active and engaged neighbors. The nature of our business is built on sustainable, long-term investments — if we operate in a community, we are committed to being a positive contributor to that community for years to come.

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Governance

Our Board of Directors understands the importance of evaluating and determining the optimal leadership structure to provide independent oversight of management. We have established six committees on our Board, and all, other than the Executive Committee, are comprised entirely of independent directors. Additional information about the composition, structure, tenure, and compensation of our Board of Directors and committees can be found in our 2023 Proxy Statement.

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North Carolina

Clear Creek

Mideast Division

Community

Meeting Our Next Generation of Leaders

Our Clear Creek Quarry team enjoyed visiting with students, parents and educators from Clear Creek Elementary School in Charlotte, NC. We have been Business & Education Partners since 1992!

Quintana Roo

Sac-Tun

International Division

Community

An Achievement in Community Relations

Congratulations to our Sac-Tun Team in Quintana Roo, Mexico who earned a 2022 NSSGA Community Relations Excellence Silver Award. We’re proud to be a part of the Quintana Roo community and we are fortunate to have a team that prioritizes community outreach.

Alabama

Southern & Gulf Coast Division