I am pleased to share with you Vulcan Materials Company’s 2019 Corporate Social Responsibility Report.
Vulcan Materials Company is the nation’s largest producer of construction aggregates—primarily crushed stone, sand and gravel—and a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete.
In over 60 years as a publicly-traded company, our long-term success has been built on a culture of doing the right thing, the right way, at the right time for our stakeholders, including shareholders, communities and the people we serve, both in and outside the company.
We call this culture The Vulcan Way, and it guides all we do. The Vulcan Way calls us to continuously improve our performance and reach our potential in our five Corporate Social Responsibility commitment areas:
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Safety & Health
Every day our goal is for each member of the Vulcan Family to go home as safe and healthy as they were when they came to work. Vulcan had a world-class safety record and the lowest injury incidence rate among large operators in the industry in 2019. Notwithstanding this record, we deeply regret that we have two fatalities to report during the year. This is a permanent reminder and challenge for all of us as we work hard throughout our company to achieve zero accidents. That is our goal, and we know it is achievable, as many of our facilities operate accident-free year after year.
Environmental Stewardship
Good business decisions and smart environmental decisions go hand in hand at Vulcan. We are running our operations more efficiently and effectively—employing new energy management actions, implementing technologies, upgrading equipment and making operational enhancements—and reducing our environmental impact and increasing our sustainability.
People
Vulcan has continued to build a more diverse and inclusive organization, which fosters a positive work environment and enables us to attract, grow and retain the best talent. We are committed to a culture that leverages our different styles, ideas and perspectives.
Community
Throughout Vulcan’s history as a public company, we have been guided by a fundamental belief that we will do well as a company by doing good. I am so proud of our employees and all they do to partner, volunteer and invest resources in many ways in the communities where we operate, live and serve our customers.
Governance
Consistent with stakeholder interests in environmental, social and governance (ESG) issues, we have included discussion of Vulcan’s corporate governance in this report. Our governance structure is built to ensure that good management systems and practices remain steadfast and in place well beyond the time and tenure of any one individual.
This report highlights our commitments and progress, but because Vulcan’s culture is also characterized by a desire to reach our full potential, we are already working on improvements including goal setting, measurement and reporting on specific ESG topics. We look forward to sharing our priorities, goals and progress with you in the months to come.
In the meantime, we invite you to explore this report and bookmark csr.vulcanmaterials.com where we will regularly update data and add Safety and Health, Environmental Stewardship, People, Community and Corporate Governance highlights.
Sincerely,
Tom Hill
