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1、2024Sustainability ReportGulf State Park Fishing PierGulf Shores,AlabamaTable of Contents01Introduction456A Letter From Our President and CEOAwards and RecognitionAbout The Company03Caring for Our People171822303133Why it MattersOccupational Health and SafetyEmployee Wellbeing and People ManagementD
2、iversity and InclusionSupporting Our CommunitiesLooking Ahead05Conducting Ourselves with Integrity4647484950525354Why it MattersGovernance StructureRisk ManagementEthics and ComplianceResponsible Supply ChainData Privacy and SecurityTrade Associations and Political EngagementLooking Ahead02Sustainab
3、ility Strategy11121315Areas of ImpactStakeholder EngagementMaterial IssuesManagement of SustainabilityWhy it MattersEnvironmental StrategyEnergy and Emissions Water and Waste Management Supporting our Customers in SustainabilityLooking Ahead35363841434404Reducing Our Environmental Impact565769768284
4、About This ReportPerformance Data TablesSDG IndexGRI IndexSASB IndexTCFD Index06AppendixINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY2CMC 2024 Sustainability ReportIntroduction01Metropolitan ParkArlington,VirginiaINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY3CMC 2024 Sustainabili
5、ty ReportSustainability has been at the heart of CMC since our founding as a recycling company over 100 years ago,and we remain focused on ensuring CMC operates sustainably today and into the future.We do this by incorporating our environmental,social and governance(ESG)strategies directly into our
6、business strategies throughout the organization and continuously improving.Our success as a company depends on having the best people,which is why they continue to be a top priority.From finding the right people to join our team,to supporting them with training and career development opportunities t
7、hroughout their careers,we are committed to building a diverse,inclusive and successful workforce.We are also committed to keeping our people safe and Im proud to say that we achieved our best safety performance in the companys history in 2024.We all approach safety as our biggest continuous improve
8、ment project.We care about the towns and cities we call home,and want to see them grow and succeed alongside us.We engage with our local communities to positively impact the lives of people and through local and corporate giving campaigns,we contributed$1.46 million to these communities in 2024.We r
9、emain committed to reducing our environmental impact and supporting the circular economy,which is embodied in our vertically integrated business model.With the addition of our second micro mill in Arizona and the planned opening in 2025 of our newest micro mill in West Virginia,we continue our long
10、tradition of being innovators in our industry and producing some of the greenest steel in the world.These facilities will further optimize our steel production capacity and reduce our carbon footprint as we make progress toward achieving our 2030 targets for reductions in greenhouse gas emissions.In
11、 addition to reducing the carbon footprint of our own operations,we partner with our suppliers and our customers to help them meet their sustainability needs.This includes commitments to solar energy and providing construction solutions such as our Tensar Divisions geogrid products that help decarbo
12、nize projects by reducing the time,labor and materials needed and our Zero line of products that provide carbon neutral steel solutions.Finally we remain committed to good governance.In 2024,we elected an independent Chairman of the Board of Directors and added two new,highly qualified directors to
13、the Board.I want to thank you for reading our 2024 Sustainability Report,which highlights CMCs achievements during the year in meeting our commitments to caring for our people,protecting the environment and operating our business responsibly.CMCs dedicated employees around the world are the driving
14、force behind our success,positioning us to meet and exceed the needs of our customers,partners,communities and shareholders.I want to thank each of our 13,178 employees for their continued efforts and commitment to our journey.Together,we will continue to create better ways to build a strong,safer,m
15、ore sustainable world.Its what we are passionate about and what drives us every day.Peter R.MattPresident and Chief Executive OfficerA Letter From Our President and CEOINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY4CMC 2024 Sustainability ReportAwards and RecognitionCMC recognized as one of
16、Americas Best Climate Leadersby USA TODAYNamed amongAmericas Most Responsible Companies byNewsweekCMC ranked among theBest Companies to Work ForbyU.S.News&World ReportNamed one ofAmericas Greatest Workplaces for Diversityby NewseekEaton,a diversified power management company,awarded CMC the Supplier
17、 Excellence Award for the second year in a row and the fourth time overallRanked one of theTop 100 Places to Workby The Dallas Morning NewsRecognized as aVETS Indexes 3 Star EmployerINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY5CMC 2024 Sustainability ReportCMC(Commercial Metals Company)wa
18、s founded in 1915 as a recycling business and has grown into a global leader in the sustainable recycling,manufacturing and fabrication of steel and construction solutions.Headquartered in Irving,Texas,CMC is a publicly traded company(NYSE:CMC)and employs over 13,000 people in 213 facilities across
19、the United States(U.S.),the United Kingdom(UK),Europe and Asia.Our products are used around the world with the countries in blue highlighting our presence.About The CompanyCMC LocationsINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY6CMC 2024 Sustainability ReportWhat We Do CMCs steel product
20、s and construction solutions are essential in the building of critical infrastructure and other structures.Our products can be found everywhere,from the places we live and work,to the roads we travel and to the infrastructure that powers our homes and businesses.Our business model is inherently sust
21、ainable.Each year,we gather,sort,upgrade and transform over 17 billion pounds of scrap metal into high-quality steel products at facilities that produce some of the greenest steel in the world.Our geogrid products provide a number of sustainability benefits including reduced material and transportat
22、ion requirements and longer asset life,helping our customers meet their sustainability goals.2024 TOTAL RECYCLED METAL(MT)2024 TOTAL RAW STEEL PRODUCTION(MT)7,815,4945,326,382MARKETS WE SERVEINFRASTRUCTUREHEAVY EQUIPMENTMARINECONSTRUCTIONMANUFACTURINGRAILENERGYAGRICULTUREINTRODUCTIONSOCIALGOVERNANCE
23、APPENDIXENVIRONMENTSTRATEGY7CMC 2024 Sustainability ReportOUR PRODUCTSHEAT-TREATED STEELGEOGRIDGEOPIERFENCE POSTREBARRebar is used to reinforce concrete foundations,roads,bridges and buildings.CMC Steel offers straight rebar in sizes from#3(10mm diameter)through#24(76mm diameter)and spooled rebar fr
24、om#3 through#6.Our T-posts are easy to install and made in America from high-strength,hot-rolled steel.They have a three-stud anchor plate and an eco-friendly,low VOC water-based finish that is oven-cured.MERCHANT BARMerchant bar comes in a variety of shapes and grades and has applications in convey
25、or belt systems,ship and barge manufacturing,building joists,metal racks,metal buildings,trailers and more.These products provide the strength,toughness and protection required for demanding applications in transportation,energy,military equipment,mining,construction markets and others.PERFORMANCE R
26、EINFORCING STEELThese high-performance reinforcing barsincluding ChromX,GalvaBar and CryoSteelare designed to perform well in extreme conditions like highly corrosive and ultra-cold environments.Geopier,a division of CMC,is a design-build geotechnical engineering team that specializes in ground impr
27、ovement and can provide a superior solution when compared to traditional methods like stone columns,deep foundations and other rigid inclusions.WIRE RODWire rod is a hot-rolled round produced in coil form that is typically drawn into wire for use in a wide variety of construction and industrial appl
28、ications.Geogrids are a category of geosynthetic material made from polypropelene that can be used to provide superior solutions for ground reinforcement,stabilization and filtration when compared to traditional methods like over-excavation,fabrics and chemical stabilization.INTRODUCTIONSOCIALGOVERN
29、ANCEAPPENDIXENVIRONMENTSTRATEGY8CMC 2024 Sustainability ReportCMCS PRODUCTS IN ACTIONCMC partners with our customers on a wide range of construction projects including infrastructure,commercial and residential construction,transportation,manufacturing,energy and agriculture.24211179935861REBAR FABRI
30、CATIONCMC is the nations leading concrete reinforcing steel fabricator.Our fabricated rebar supports anything built using concrete,including DOT projects,parking garages,residential and commercial construction and more.2GROUND STABILIZATION Our Tensar geogrid ground improvement solutions provide cos
31、t-effective alternative products and services to ensure ground stability and support for construction sites,railways,roads,building foundations and more.9ANCHORING SYSTEMSCMCs Anchoring Systems produces anchor bolts,cages,fasteners and related products for use in energy transmission and distribution
32、,wind turbine installations,DOT projects,and more.3CONSTRUCTION SERVICESWe provide industry-leading technical support,services and more than 10,000 products for any concrete construction project,along with any equipment or machinery needed in support of a concrete construction project or jobsite.4FO
33、UNDATION IMPROVEMENT SOLUTIONSGeopiers rammed aggregate pier solutions provide a cost-effective alternative for deep foundations.5POST TENSION CABLEOur cable business delivers high-quality,engineered post-tension cable as a concrete reinforcement solution,along with barrier cable,scanning&coring,con
34、crete restoration and engineering services.6CORROSION REINFORCEMENTWe offer a range of solutions for corrosion resistant concrete reinforcement,including epoxy-coated rebar,GalvaBar and ChromX,depending on the project specifications and service life requirements.7MERCHANT BARIn addition to many Orig
35、inal Equipment Manufacturer(OEM)markets,CMCs merchant bar quality products also go into a number of applications in building construction,including angles,channels and flats for use in ceiling joists,racking and other support structures.8BRIDGE SYSTEMSWe are the authorized provider of InQuik Bridges
36、 in the United States,offering innovative,pre-engineered and pre-fabricated modular bridge solutions.Our easy-to-install bridge systems can be installed in less than a week,saving time and money.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY9CMC 2024 Sustainability ReportSustainability Stra
37、tegy02Sustainability has been central to CMC since our founding more than 100 years ago and today we continue to embed sustainability throughout our business.We recognize that our sustainability strategy needs to address a wide range of issues stretching beyond environmental protection to include ke
38、y social and governance issues.CMCs long-term success depends on our ability to continue aligning our sustainability strategy with our business strategy to ensure we can meet the needs of all our stakeholders.The Star,Dallas Cowboys World HeadquartersFrisco,TexasSTRATEGYAPPENDIXGOVERNANCESOCIALENVIR
39、ONMENTINTRODUCTION10CMC 2024 Sustainability ReportAreas of ImpactCARING FOR OUR PEOPLE We recognize that our people are our most important resource,and we make the safety and wellbeing of our employees our highest priority.We foster a diverse and inclusive work environment that provides opportunitie
40、s for employees to develop and achieve their goals.We also provide support to organizations that have a positive impact on our communities and encourage our people to support causes they believe in.Protecting the environment is important because we live in the communities where we work and we unders
41、tand the broader challenges we face from climate change.CMC sets goals to reduce our environmental impact and strives to incorporate sustainability into all aspects of our operations,including promoting recycling,energy efficiency and sustainable resources.RESPECT FOR OUR ENVIRONMENT We strive to ac
42、hieve the highest standards of integrity and transparency in corporate governance,ethics and compliance,managing a responsible supply chain and communicating with investors and our communities.We are committed to engaging with our stakeholders to gather feedback and ensure we understand their concer
43、ns.ACCOUNTABILITY FOR OUR ACTIONS A robust sustainability strategy is essential for CMC.It not only mitigates risks and enhances resilience but also unlocks new opportunities for innovation and growth.Our commitment to sustainability is a commitment to our future.Chris Westrick Vice President,Strate
44、gy,Government Affairs&SustainabilityINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY11CMC 2024 Sustainability ReportStakeholder EngagementWe actively engage with our stakeholders through various outreach activities,including regular engagement surveys with employees,customers and suppliers.CM
45、C employees are active in our communities and volunteer their time to work with non-profit organizations and other groups.We are members of over 50 trade associations and industry groups and work to support programs that promote sustainable practices in our industry.Our management team has developed
46、 an active investor engagement program to meet with stockholders to discuss a wide range of topics.Through these engagement activities,we are able to share our sustainability story and gather feedback as we seek to better understand important sustainability issues impacting our company and the indus
47、try.We use this input to help inform our sustainability strategy to align with the expectations of our stakeholders,industry best practices and identified risks.CMCS MOST IMPORTANT STAKEHOLDERS INCLUDE:SuppliersCustomersLocal communitiesEmployeesInvestorsIndustry peers and trade associationsRegulato
48、rs and government officialsINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY12CMC 2024 Sustainability ReportMaterial IssuesCMCs most recent formal materiality assessment was conducted in 2021,and since then we continue to review material issues annually by engaging with leadership across our b
49、usinesses and incorporating feedback from our stakeholder engagement activities.This report focuses on nine key material issues,which were verified by CMCs Executive Leadership Team and Sustainability Leadership Council.We also review other issues we have identified as important to our company and i
50、ndustry,including:diversity and inclusion,human rights,sustainable supply chains,innovation,community engagement,customer satisfaction,corporate governance and ethics.Climate ChangeGreenhouse Gas EmissionsCO2EnergyProduct StewardshipEnvironmental ComplianceResponsible AdvocacySustainability Oversigh
51、tHealth and SafetyTalent ManagementINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY13CMC 2024 Sustainability ReportSustainability OversightEnsuring that sustainability matters are effectively managed within the overall structure and governance of the company.Environmental ComplianceEnsuring c
52、ompliance with environmental laws and regulations across the jurisdictions within which we operate.This includes matters relating to air quality,waste management and water protection,as well as responding to clean-up and remedial action requirements under applicable laws.Responsible AdvocacyEngaging
53、 with governments and organizations to promote informed public policy,ensuring memberships in industry and trade associations align with CMCs public commitments and transparently disclosing CMCs contributions to political campaigns,organizations and/or parties.Climate ChangeIdentifying and managing
54、CMCs risks related to climate change as they relate to current and future operations,including asset planning,capital allocation and development,mitigating CMCs exposure to potential costs linked to carbon pricing and regulatory caps.Greenhouse Gas(GHG)EmissionsTracking carbon dioxide(CO2)and other
55、GHG emissions from CMCs operations,setting company-wide GHG reduction targets and monitoring our progress against the targets.EnergyReducing energy consumption through management and efficiency initiatives,including both process improvements and capital investments,and adopting and investing in rene
56、wable energy sources,such as solar and wind.Product StewardshipAssessing and improving the sustainability of our products throughout their lifecycles in support of a circular economy by sourcing raw material sustainably,increasing the use of recycled content and sustainable materials and decreasing
57、the use of hazardous chemicals.Health and SafetyProviding safe working conditions through the implementation of a robust occupational health and safety management system,processes for hazard identification and incident investigation and the provision of safety training,needed personal protective equ
58、ipment(PPE)and wellness programs/support.Talent ManagementCultivating a strong workforce and talent pipeline through robust employee recruitment and engagement practices,reinforcing our core values of dignity and respect through ongoing training and support,providing competitive benefits and support
59、ing employees with opportunities to develop and grow their careers.GOVERNANCENINE KEY MATERIAL ISSUESSOCIALENVIRONMENTALCO2INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY14CMC 2024 Sustainability ReportManagement of SustainabilityCMC BOARD OF DIRECTORSSUSTAINABILITY MANAGERSUSTAINABILITY LEA
60、DERSHIP COUNCILRISK COMMITTEEEXECUTIVE LEADERSHIP TEAMAccountability for our sustainability strategy and programs starts at the top with our Board of Directors(Board),which is responsible for oversight of managements assessment of ESG and sustainability risks and development of CMCs sustainability s
61、trategy,including approving sustainability goals related to environmental performance.We have developed a sustainability management structure to implement sustainability programs and monitor our performance,with oversight at various levels and ongoing reporting to the executive leadership team and t
62、he Board.Holds ultimate responsibility for identifying and proactively addressing ESG risks and opportunities Provides oversight for the companys sustainability strategy Directs sustainability strategy Leads sustainability reporting Oversees government relations and trade work Formed in 2020,monitor
63、s risks and opportunities related to climate change and other ESG issues Provides enterprise-wide updates on sustainability initiatives and best practices Investigates new ESG opportunities and technologies with the potential to improve our performance Meets quarterly to review key performance indic
64、ators and analyze ESG performance Reports to VP of strategy,government affairs and sustainability Supports and manages development and achievement of our ESG goals and key performance indicators Collaborates with department heads and business units to implement enterprise sustainability program Over
65、sees sustainability data collection and analysis,and internal and external disclosures Directs the Sustainability Leadership Council Develops sustainability strategy ESG issues are regularly discussed during scheduled meetings The risk committee reviews and addresses material issues,including those
66、affecting our ESG performanceVICE PRESIDENT,STRATEGY,GOVERNMENT AFFAIRS AND SUSTAINABILITYINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY15CMC 2024 Sustainability ReportCaring for Our People03The ongoing success of our business comes from our continued commitment to our people and giving bac
67、k to the communities where we live and work.We strive to ensure the safety and wellbeing of every employee and provide a diverse and inclusive workplace environment that engages our employees and helps them achieve fulfilling careers.Globe Life FieldArlington,TexasSOCIALAPPENDIXGOVERNANCEENVIRONMENT
68、STRATEGYINTRODUCTION16CMC 2024 Sustainability ReportWhy it MattersWe recognize that CMCs ability to create long-term value for all our stakeholders depends on fostering a culture where talented,engaged leaders and employees work together as a team to achieve our common goals.We invest in programs to
69、 enhance employee health and safety,recruit and develop top talent,and promote teamwork.We provide career opportunities to people who live in our communities and are proud to support organizations that are dedicated to making a positive impact on our local communities.INTRODUCTIONSOCIALGOVERNANCEAPP
70、ENDIXENVIRONMENTSTRATEGY17CMC 2024 Sustainability ReportKeeping our employees safe is a core value at CMC and our overall goal is to have zero work-related illnesses and injuries.As detailed in our Occupational Health and Safety Policy,our safety culture is fully integrated into our business and we
71、hold everyone accountable for implementing our Occupational Health and Safety(OH&S)procedures.Our policy applies to all CMC facilities globally and includes all employees,on-site contractors and visitors.All suppliers are expected to comply with the safety standards outlined in our Supplier Code of
72、Conduct and our specific requirements for OH&S requirements while operating on site.Occupational Health and SafetyOH&S POLICY COMMITMENTS Comply with all applicable legal and regulatory requirements in the countries we operate in,including U.S.Occupational Health and Safety Administration(OSHA)regul
73、ations,with the goal of exceeding standards Implement OH&S procedures including job-specific training,Safety Perception Surveys,the Proactive Safety Program and our global incident management system Reduce and eliminate risks through regular testing of OH&S procedures and emergency preparedness prog
74、rams Encourage active employee participation including protection of stop-work authority rights Leverage data analytics to monitor OH&S performance and benchmark our results Investigate all incidents and concerns to achieve continuous improvement in our OH&S programs INTRODUCTIONSOCIALGOVERNANCEAPPE
75、NDIXENVIRONMENTSTRATEGY18CMC 2024 Sustainability ReportOH&S Management CMC utilizes a comprehensive Safety Management System(SMS)that contains our policies,safety action plans,global incident management system and data dashboards.The SMS includes standard operating procedures for every operational r
76、ole at CMC developed with direct input from employees and stakeholders.CMCs Proactive Safety Program empowers everyone to report all incidents,call out potential safety issues and follow a reported issue through to resolution.Every facility holds mandatory monthly safety inspections and monthly safe
77、ty meetings are held to review incident reports and to conduct regular health and safety drills.All CMC employees receive mandatory safety training based on their role and we periodically conduct Safety Perception Surveys to identify any discrepancies between employee and manager perspectives.New em
78、ployees are assigned mentors and wear reflective stickers on their hard hats so that coworkers know who may need additional safety guidance.We strive to improve employee safety through innovative technology including new training methods using virtual reality headsets and incorporating automation in
79、 our manufacturing processes such as robots for physically-demanding and higher-risk operations.At our Tensar Division,we have added new safety training to ensure employee safety extends to construction site visits,where our products are used.SAFETY IMPROVEMENT AT TENSAR MORROW FACILITY Tensars manu
80、facturing facility in Morrow,Georgia,implemented several safety initiatives in 2024,which helped the facility achieve no recordable injuries for the year.These initiatives included the launch of a Proactive Safety Measures(PSM)program,fall protection training and inspections,aerial platform training
81、,and monthly inspections of PPE,flammable cabinets and compressed gases.The facility also identified and labeled confined spaces and added guardrails at key locations to reduce risks of injury.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY19CMC 2024 Sustainability ReportSafety Strategy and
82、PerformanceIn the same way CMC strives for continuous improvement in our manufacturing operations,we focus on enhancing employee safety by using a data driven approach.Our safety program in 2024 focused on four strategic pillars:ELIMINATING SERIOUS INJURY AND FATALITY(SIF)EVENTS Our goal is to never
83、 have SIFs by focusing on high-risk areas including overhead crane safety,arc flashes,having no persons on the floor in melt shops and rolling mills,and complying with lock out/tag out procedures.COORDINATING OUR GLOBAL SAFETY PROGRAMS We are working to have consistency in our safety programs across
84、 our locations in the United States,Europe,the UK and China by improving communication and sharing best practices.CELEBRATING SUCCESS We are establishing companywide programs to recognize facilities with excellent safety performance and individuals who have contributed to that success.ACHIEVING ANNU
85、AL IMPROVEMENT IN REDUCING SAFETY INCIDENTS Our goal is to reduce recordable incidents by 10%over the past year by focusing on higher-risk areas such as hand and finger injuries and new employee safety.The SMS captures data on safety incidents,including near miss reporting,and shares information thr
86、oughout the organization to take preventative actions as needed.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY20CMC 2024 Sustainability ReportLEADING SAFETY PERFORMANCE IN THE INDUSTRY(TRIR)less than the industry average72%CMCBLSRECYCLING0.802.90less than the industry average67%CMC BLSFABRI
87、CATION1.44.3less than the industry average51%CMCBLSSMAMILLS1.32.702.20CONTINUING TO SET THE BARCMC facilities had no recordable injuries for the year,with many facilities achieving multiple years with no recordable injuries.A list of these facilities is available on our website.RECOGNIZED FOR EXCELL
88、ENT SAFETY PERFORMANCE The Concrete Reinforcing Steel Institute(CRSI)recognized multiple CMC facilities with safety awards for our safety performance in 2023.Safety Achievement awards were given to eight of our rebar and rebar placing facilities for having a total recordable incident rate(TRIR)and d
89、ays away,restricted or transferred(DART)rate less than 50%of the industry average.The Excellence in Safety Award went to 31 of our rebar,rebar placing and construction services facilities for zero recordable incidents in 2023.1.10131CMC set a new record in 2024 for our lowest ever recordable injury
90、rate.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY21CMC 2024 Sustainability ReportCMCs guiding principles include staying committed to our employees,and we recognize that effective Human Capital Management(HCM)programswhich includes recruiting,training and development,and employee engageme
91、ntare critical to our ongoing success.Human Capital ManagementOur HCM initiatives are led by CMCs chief human resources and communications officer working with business leaders,with oversight from our executive leadership team and our Board.We invest in systems and technology platforms to improve th
92、e efficiency of our HCM activities and the experience for both prospective and current employees.These include our applicant tracking system(ATS)to maintain records of applicants and track metrics in recruiting and retention,and our learning management system(LMS)for employee training and developmen
93、t.Employee Wellbeing and People ManagementINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY22CMC 2024 Sustainability Report75105career fairs and recruiting events attended by recruiting teams in 2024interns in 2024 participating in programs in all areas of our companyFilling the Talent Pipelin
94、eOur HCM programs begin with building a talent pipeline by identifying qualified candidates.Recruiting efforts in the manufacturing and steel sectors are challenged by a smaller pool of skilled talent.CMC is meeting this challenge by working to position our company as an industry employer of choice,
95、offering industry-leading compensation and benefits,providing scholarships,internships and apprenticeships to attract and support emerging talent,and creating a workplace where talent feels engaged,fulfilled and sees a bright future ahead.To maximize our pool of potential talent,we participate in ca
96、reer fairs and recruiting events at colleges and universities across the United States,with our recruiting teams participating in 75 events during 2024.Similarly,CMC Poland participates in local career fairs organized by the city of Zawiercie and universities,such as the Silesian University of Techn
97、ology and the Czstochowa University of Technology.In addition,we have internship programs where we place summer interns across all our businesses,with a total of 105 interns participating during 2024 in the various programs we offered across our company,including 20 students in Poland and two in the
98、 UK.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY23CMC 2024 Sustainability ReportIn 2024,we expanded our academic partnerships in the United States with local colleges and technical schools in which we offer two-or four-year apprenticeships.Students divide their time between classroom lear
99、ning and on-the-job training in areas including mechanical and electrical engineering.One of our capstone programs is the Modern Steelmaker Program,which was first introduced in 2021 at one of our mills in Mesa,Arizona,where we partnered with Mesa Community College.The program provides students with
100、 paid opportunities to learn the steelmaking process in a one-year apprenticeship combining four months of classroom instruction with an eight-month rotational program at the mill to apply the skills they learned in the classroom.We have expanded the program to additional facilities and in 2023 we g
101、raduated students from Tennessee College of Applied Technology who went on to work at CMC Steel Tennessee in Knoxville and students from Kiamichi Tech-Durant who went on to work at CMC Steel Oklahoma in Durant.Partnerships have also been formed between CMC Steel New Jersey and Morris College,and CMC
102、 Steel West Virginia and Blue Ridge Community and Technical College.CMC Polands dual education program for students at local technical high schools is aimed at building a pipeline of employees with technical competencies.The programs success is demonstrated by the fact that about 50%of students in t
103、he program started working at CMC immediately after graduating technical high school.Most of them are still working with us,some combining work at CMC with continued technical education to help them take on new challenges in the future.We believe our development of young technical talent is helping
104、us to shape a bright future for CMC.Barbara KaletaCMC Poland Management Board Member and HR Director50%of students in Polands dual education program started working at CMC immediately after graduating technical high schoolINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY24CMC 2024 Sustainabili
105、ty Report“My time in the Modern Steelmaker Program has helped me tremendously and I look forward to working alongside all the amazing people I have met along the way.”“Being accepted into the Modern Steelmaker Program has provided me with valuable insights into the entire production process.I have t
106、horoughly enjoyed building relationships across all departments,which has been a rewarding aspect of my career development.”“The Modern Steelmaker Program provided me with the opportunity to enhance my knowledge on the steelmaking process.The more I learn from the program,the more experience and inf
107、ormation I am able to pass down to other steelmakers of the future.”“The Modern Steelmaker Program has been invaluable for me and others aiming to advance our careers at CMC.Prior to this program,I often faced situations where I struggled to apply soft skills effectively.Over the past year,Ive gaine
108、d valuable insights into utilizing these skills both at CMC and in my personal life.”MODERN STEELMAKERS Kelly Askew CMC Steel OklahomaShawn ScarberryCMC Steel OklahomaEvertt DewsCMC Steel TennesseeSavante SealsCMC Steel OklahomaINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY25CMC 2024 Sustai
109、nability ReportUnited States Blue Ridge Community and Technical College Florida State College at Jacksonville Georgia Tech Jefferson State Community College Kennesaw State University Kiamichi Tech-Durant Lawson State Community College Mesa Community College Midlands Technical College Morris College
110、Oklahoma State University Pennsylvania State University Tennessee College of Applied Technology Texas State University University of Georgia University of Illinois University of Kansas University of Michigan University of Saskatchewan University of Tennessee University of TexasAustralia University o
111、f NewcastleChina Chongqing University Zhejiang UniversityCroatia University of OsijekCzech Republic Czech Technical University in PragueEstonia Tallinn UniversityGermany TU Bergakademie Freiberg University of StuttgartNetherlands TU DelftPoland Zesp Szk im.Jzefa Bema Zesp Szk im.Stanisawa Staszica Z
112、esp Szk im.Prof.Romana Gostkowskiego Silesian University of Technology Czstochowa University of Technology AGH University of KrakowPortugal Universidade de Aveiro University Beira InteriorTurkey Isparta University of Applied SciencesUAE University of SharjahUK University of Edinburgh University of S
113、outhamptonACADEMIC PARTNERSHIPSCMC Poland partners with three local technical high schools and three universities to sponsor scholarships and offer supervised learning experiences at our facilities,providing the students with the fundamentals of steel production and related technological processes.I
114、n 2024,over 250 Polish students took classes at our facilities and 13 graduates received and accepted job offers from CMC.Since 2019,CMC Poland has welcomed 77 graduates to the company.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY26CMC 2024 Sustainability ReportTraining and Leadership Deve
115、lopmentWe are committed to investing in our employees,enabling them to advance and achieve fulfilling careers,which also helps CMC develop tomorrows leaders to power our growth and ensure our future success.Our training and development programs begin with Core,our rotational training program for new
116、 entry-level hires in corporate,commercial or operational positions.The Core program had over 30 participants in 2024 who gained technical experience and received exposure to different lines of business.CMC also has its Management Development Program(MDP),which is designed to enable high-potential m
117、id-career employees to expand their skills and gain experience in different lines of business.Participants learn from senior leadership and receive 360-degree feedback,individual coaching and additional training.In 2024,24 employees participated in the MDP and as we look to expand the program in 202
118、5,we will be introducing a dedicated MDP program for our international employees.In addition to our structured programs,CMC provides both online and in-person training options to our employees as well as tuition assistance to support the cost of furthering relevant education for our employees.Our on
119、line training provides learning in subjects such as leadership,team building and job-specific safety.In-person courses include Essentials of Selling for new salespeople and the Essentials of Management(EOM)program,which includes three highly interactive workshops where new people managers explore le
120、adership at CMC along with their peers.In 2024,we partnered with LinkedIn Learning to provide resources to support professional development for director and vice president level leaders.CMC recently implemented a new learning management system(LMS)to manage and track employee training hours,with cap
121、abilities to automatically provide internal training and renew professional certifications to meet legal requirements.To help ensure employees are establishing and meeting goals for advancement,CMC provides performance reviews to 100%of eligible team members.Our goal is to develop and promote leader
122、s from within the company.We have a formal succession planning process in the United States in which managers assess their individual team members potential and performance,and teams hold calibration sessions that help identify candidates for advancement.Meanwhile,leaders are working on succession p
123、lan strategies with an emphasis on developing talent internally for long-term success.In Poland,we have developed a succession program for approximately 50 managerial positions where we have performed assessments,identified successors and created individual progression programs for each position.30+
124、Core program participants in 202424MDP participants in 2024375EOM program participants in 2024The MDP provided me with valuable insights into effective leadership,from decision-making and strategic thinking to coaching and team development.It has empowered me to contribute at a higher level,benefitt
125、ing both my team and the organization as a whole.Joe HeintzDirector of Global Product Management,Tensar DivisionINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY27CMC 2024 Sustainability ReportEmployee Engagement and RecognitionCMC recognizes that having an engaged workforce increases teamwork
126、 and productivity and we proactively seek feedback from employees to continuously improve our organization.In 2024,we completed our first Employee Engagement Survey,working with a third party to get input on a wide range of issues including training and career development opportunities,compensation
127、and benefits,culture and inclusion,and communication.The insights we gained were pushed down through the organization and action plans were created at each location based on the feedback received.We launched our second survey in September of 2024 to gauge our progress and continue to improve.We reco
128、gnize the achievements and hard work of our people with a variety of events and celebrations.These include family days,banquets and celebrations of service anniversaries and excellent performance.CMC really cares for its folks and our families.Most of us spend more time at work than we do at home,so
129、 being around great people through all the ups and downs in life makes everything better.Thats why you see so many of us here for so many years.Its great to have support not only at home,but at work,and Im grateful.Richard DavisPost Shop Manager,pictured at the Top Hands eventINTRODUCTIONSOCIALGOVER
130、NANCEAPPENDIXENVIRONMENTSTRATEGY28CMC 2024 Sustainability ReportCompensation and BenefitsWe strive to attract and retain talented employees and leaders by offering competitive compensation and comprehensive benefits for employees and their families.In the U.S,100%of full-time non-union employees are
131、 eligible for core benefits including affordable health insurance,family and medical leave,paid parental leave and tuition benefits.Eligible dependents for our benefits include domestic partners and common-law spouses in all U.S.states.We offer flexible work schedules to help support employee prefer
132、ences and wellbeing,with certain team members able to split work time between home and the office.We also help employees plan for their financial future by providing a 401(k)plan with company match and an Employee Stock Purchase Program.CMC also has a nonprofit employee relief foundation that provid
133、es financial aid to employees that are affected by natural disasters and other emergency events.The foundation is funded by donations from employees and funds are distributed by the selection committee based on need and applications.CMC is focused on both the physical and mental wellbeing of our emp
134、loyees and provides leaders in the company with a Wellbeing Guide to help them in supporting employees who are struggling with their mental or emotional health.Our telehealth options include access to therapists and we also offer a Lifestyle Benefit which provides up to$500 in reimbursement for over
135、 300+eligible expenses relating to health,finance or wellbeing.Several of our divisions provide mental health training to employees,including Tensar,which offers mental health first aid training and certification,as well as an annual refresher course,to employees in the UK and Europe.In Poland,CMC o
136、ffers private medical care plans for employees and their families and contributes to social security,retirement savings and life insurance plans.CMC Poland also maintains a social benefit fund for co-financing holidays for employees and their families,summer camps for children and other activities.M
137、ore information on CMCs core benefits and health and wellness programs is available on our website.CMC BENEFITS401K&Company MatchingTuition ReimbursementHealth&Wellness BenefitsWellness Lifestyle CreditLife&Disability InsuranceEmployee Stock Purchase PlanINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONME
138、NTSTRATEGY29CMC 2024 Sustainability ReportDiversity and InclusionWe are committed to building an inclusive culture in which people with diverse backgrounds and perspectives are able to contribute fully to our growth and the future of CMC.Our Code of Conduct and Business Ethics and our employee handb
139、ook outline our commitment toward equal opportunity in all stages of hiring and employment as well as prohibiting all forms of unlawful discrimination and harassment.We work to promote diversity and inclusion in all aspects of our HCM programs,from recruiting and training to leadership development a
140、nd employee engagement.Our talent recruitment efforts include initiatives focused on attracting a broader,more diverse pool of candidates.These initiatives including posting job ads in multiple languages in local markets and creating a hiring tool for veterans seeking jobs,which matches their milita
141、ry job descriptions with open roles that meet their qualifications.We have also expanded our career fair participation with Historically Black Colleges and Universities(HBCU)and Hispanic-Serving Institutions(HSI),attending 20 schools in 2024.We are incorporating diversity and inclusion in our traini
142、ng and development programs.Our Core program includes modules on topics including bias,stereotypes,empathy and collaborating in diverse groups,and our Essentials of Management program for people leaders includes modules focused on understanding and identifying bias,fostering a culture of belonging,a
143、nd how belonging and inclusion affect engagement and retention.We are also working to promote diversity and inclusion in the workplace by establishing teams to network,mentor and share best practices.In 2024,we launched our Womens employee resource group,Women Empowered at CMC(WECMC),which is open t
144、o all employees to plan activities and training programs aimed at driving advancement and recognition for women.HELPING VETERANS TRANSITIONMany veterans struggle to find work and transition to civilian life after years of military service.In addition to creating a veteran hiring tool to help match f
145、ormer military job seekers with relevant openings,CMC partnered with American Corporate Partners,a national nonprofit organization dedicated to helping military veterans and their spouses transition to the private sector through one-on-one mentoring with business leaders.Our team members have the op
146、portunity to serve as volunteer mentors and 74 CMC employees have participated in this program to date,with a waiting list of additional volunteers.CMC is committed to fostering a sense of belonging for all employees.With the launch of our first Employee Resource Group,Women Empowered at CMC,we aim
147、to create networking,learning and growth opportunities for women in a male-dominated industry.The group welcomes all employees and seeks to educate and advocate for womens issues.Jessica BoardmanHR Project AnalystINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY30CMC 2024 Sustainability Report
148、Supporting Our CommunitiesOur commitment to caring for our people extends to the local communities where we live and work.We get involved in our communities and support organizations that are having a positive impact,as we work to be recognized as a good corporate citizen and an employer of choice,p
149、articularly in communities where we have a longstanding presence.MULTIPLE GENERATIONS WORKING FOR CMCSince CMC was founded over 100 years ago,many of our facilities have grown with the communities around them.We are proud to have multiple generations of the same families who have worked for CMC.Loca
150、l Community ImpactWe give back to our local communities through giving campaigns,in-kind gifts of steel and other construction products and employee volunteerism efforts.All of our locations are encouraged to engage with local charitable organizations that best match the interests of their team memb
151、ers,and several of our executives serve on the boards of these organizations.Many of our community initiatives involve health,education,community development and veteran organizations.In 2024,individual facilities and combined CMC teams participated in more than 185 local community events including
152、school supply drives,food drives and food pantry volunteering,community clean up events,holiday toy drives and many more.CMC Poland,like many of our facilities,has a longstanding relationship with the Zawiercie community and regularly donates to local charities as well as organizes and hosts an annu
153、al Santa Claus event for local children.CMC EXECUTIVES ON CHARITABLE ORGANIZATION BOARDS Dallas Board of the American Heart Association Jennifer Durbin Genesis Womens Shelter Alliance Board Jody Absher American Cancer Society CEOs Against Cancer Jody AbsherAntonio Alvarado1990 to presentRolling Mill
154、 General ForemanCrescencio Alvarado Jr.1959-1998Mill Operator Crescencio Alvarado Sr.1961-1976Fab OperatorINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY31CMC 2024 Sustainability ReportCMC Gives BackIn addition to efforts at the local level,CMC maintains partnerships with national organizati
155、ons focused primarily on health and veterans causes.All of CMCs giving efforts reached$1.46 million in 2024.We are a Platform(Live Fierce)Sponsor of the American Heart Associations Go Red for Women initiative in Dallas.As part of that support for the American Heart Association in Dallas,CMC is fundi
156、ng a CPR kiosk in the Dallas-Fort Worth Airport for three years to train the community on how to properly administer hands-only CPR in a life-threatening emergency cardiac situation.We also participated in the American Cancer Societys Fit2Be Cancer Free Challenge,with over 1,000 global employees par
157、ticipating in the three-week walking challenge event.In honor of Veterans Day each November,CMC contributes a percentage of our total sales to a veterans organization.Last year,this campaign raised over$100,000 which was donated to American Corporate Partners to support their efforts with veterans r
158、e-entering the workforce.SCRAP CAN BE BEAUTIFULFor 46 years,CMC has hosted the annual Scrap Can Be Beautiful contest and exhibit with Booker T.Washington School for the Performing and Visual Arts in Dallas,Texas.Students in 3D design and sculpture classes create art sculptures out of scrap metal don
159、ated to the school from one of our local recycling yards.The design competition is judged by professional sculpture artists and art professionals.Winners are awarded monetary prizes by CMC and winning entries are displayed in the corporate lobby of CMC for one year.Students are also given the option
160、 of entering their pieces for sale in a virtual silent auction where CMC employees bid on the artwork.CMC Poland,as a part of promoting our patronage classes program,organizes an exhibition of student works at a local art gallery in Zawiercie.Students produce and display unique works of art using th
161、e metal and welding techniques they have learned during practical classes,which take place at training workshops at the mill.These programs help raise awareness in our communities about the value of recycling and the circular economy,as well as career opportunities in steel manufacturing.$1.46 milli
162、onCMCs total giving efforts in 2024INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY32CMC 2024 Sustainability ReportLooking AheadCMCs commitment to our people means we must stay focused on keeping our employees safe and engaged and building an inclusive workplace culture.It means identifying t
163、alented new employees and developing future leaders.Taking care of our people is the key to powering our future growth and preparing for tomorrows challenges.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY33CMC 2024 Sustainability ReportReducing Our Environmental Impact04CMC was founded as a
164、 recycling business and environmental stewardship continues to be at the heart of our company.Our sustainability strategy is designed to maintain our industry-leading environmental performance through our commitment to the efficient use of resources and building a circular economy.We strive to conti
165、nuously improve our manufacturing processes and embed sustainable practices into all aspects of our operations.North Hero Grand Isle DrawbridgeNorth Hero and Grand Isle,VermontINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY34CMC 2024 Sustainability ReportWhy it MattersTARGETS FOR 2030,WITH 2
166、019 BASELINEENVIRONMENTAL GOALSIn 2020,CMC established environmental goals for 2030,with improvement targets set on a 2019 baseline.Our goals align with the 2050 global sector target established by the Paris Agreement to limit global warming to below 1.5 degrees Celsius,as well as the tenets of the
167、Global Steel Climate Council.Given the progress we have made,we are evaluating our current goals to ensure that they reflect CMCs continued commitment to improving our sustainability performance and our continued alignment with the Paris Agreement.We recognize the risks to the planet,our business an
168、d our people caused by the impact of climate change.CMC is committed to doing our part to combat these risks by reducing not just our own environmental footprint but also by leading the way towards improved sustainability for steel manufacturers and the many industries that use our products.We inves
169、t in advanced processes and technologies to minimize the use of natural resources while maximizing performance.As one of the founding members of the Global Steel Climate Council,we are working to reduce GHG emissions throughout the steel sector by promoting a transparent standard for carbon emission
170、s intensity reporting,which would enable customers and other stakeholders to make informed purchasing decisions.Reduce our Scope 1 and 2 GHG emissions intensity by 20%Increase our renewable electricity usage by 12 percentage pointsReduce our energy consumption intensity by 5%Reduce our water withdra
171、wal intensity by 8%60%of goal currently93%of goal currently125%of goal currently0%of goal currentlyINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY35CMC 2024 Sustainability ReportOur environmental strategy is primarily focused on reducing GHG emissions from our operations by lowering the ener
172、gy usage of our mills.We do this by continuously looking at ways to improve our operations and implement innovative technologies and processes.Our electric arc furnace(EAF)technology uses 82%less energy and results in 65%fewer GHG emissions per unit produced as compared to traditional integrated ste
173、elmaking.We also strive to purchase a greater percentage of energy produced from renewable resources and work with our utilities in their efforts to green their grids.In addition to energy usage,our strategy addresses other environmental risks across our businesses,including water usage and waste ma
174、nagement at our facilities.CMCs environmental initiatives incorporate the climate-related risks and opportunities for our global operations that were identified in a climate risk assessment(CRA)we completed in 2023.The CRA process was led by a third party and aligned with the recommendations of the
175、Task Force on Climate-related Financial Disclosures(TCFD)to assess both physical and transition risks over short-,medium-and long-term timeframes.The CRA also helped identify stakeholder expectations regarding climate risk disclosure,including evolving sustainability reporting requirements by the U.
176、S.Securities and Exchange Commission(SEC)and the EUs Corporate Sustainability Reporting Directive(CSRD).ENERGY INTENSITY LEVEL82%less than the industry averageIndustry averageCMCEnvironmental StrategyINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY36CMC 2024 Sustainability ReportEnvironmental
177、 Management We utilize our Environmental Management System(EMS)to ensure compliance with all applicable environmental laws and regulations and to track our environmental performance so we can continually evaluate and improve our processes.CMCs Poland and Steel New Jersey operations,as well as our Te
178、nsar Divisions geogrid manufacturing operations in the UK and China,hold ISO 14001 certification,which is the most recognized global standard for an effective EMS.In addition,six of CMCs mills in the United States are certified to the ISO 9001 standard for an effective Quality Management System(QMS)
179、,which covers certain environmental conditions,and three mills have QMSs that are modeled after the ISO 9001 standard.A full list of certifications is available on our website.CMCs environmental managers and support staff oversee environmental compliance programs and train employees on key topics an
180、d practices.Capital project submissions are overseen by our vice president of engineering,technology and manufacturing excellence,reporting to our senior vice president of operational and commercial excellence.Environmental performance metrics are reported quarterly to the executive leadership team
181、and to CMCs Board at least annually.MANUFACTURING EXCELLENCE GROUPTo foster collaboration across our business,CMC has operational excellence teams that meet regularly to share best practices,insights into challenges and achievements at their different locations.In 2024,we selected operations experts
182、 in all manufacturing lines of business to be dedicated full-time to improving efficiency,quality and safety companywide.This newly formed manufacturing excellence group includes operations excellence managers for recycling,melt shops,rolling mills,rebar fabrication,continuous improvement,and mainte
183、nance and reliability.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY37CMC 2024 Sustainability ReportCMCs industry-leading performance in energy intensity is thanks in a large part to the energy-efficient EAF technology we use in melting and producing steel,compared to the BF/BOF process use
184、d by traditional integrated steel producers.Both our mini mills and micro mills use 100%recycled scrap steel when making steel,which requires significantly less energy than a BOF and fully embraces the concept of the circular economy.Our micro mills are some of the greenest steel mills in the world
185、and take energy efficiency to the next level thanks to their continuous manufacturing process that eliminates the need for burning natural gas in a reheat furnace,resulting in significant reductions in energy use and GHG emissions.We started up our first-of-its-kind micro mill in 2009 in Arizona and
186、 followed that with two additional micro mills,one in Oklahoma in 2018 and another in Arizona in 2024.We are building our fourth micro mill in West Virginia,which is expected to start up at the end of calendar 2025.All of CMCs steel mills,including our seven mini mills,are strategically located clos
187、e to our customers to minimize shipping distances,helping to reduce transportation fuel usage and resulting GHG emissions.We also prioritize efficiency in logistics,striving to ensure that trucks never travel empty.Energy and EmissionsThe micro mills represent the most cutting-edge technology design
188、ed for efficient and environmentally friendly steel production.At CMC,weve implemented the latest advancements in data collection,analysis and optimization to elevate micro mill performance significantly.Our analysis at CMC Steel Arizona pinpointed the operation segments most closely linked to eleva
189、ted energy consumption,enabling our process experts to develop modified practices that improve energy efficiency and also achieve lower emissions.CMC now uses this approach at all of our operations including mini mills and recycling in order to empower each of our employees to review their process d
190、ata and generate ideas on how to improve.Sam Matson Director of Manufacturing ExcellenceINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY38CMC 2024 Sustainability ReportSTEELMAKING PROCESS1RECYCLING YARD Provides over 1,200 tons of scrap metal to the melt shop per day Handles 400,000 tons per
191、year of incoming scrap from trucks and rail Provides support services for outbound products shipped by truck and rail Supports baghouse operations;plant sweeping operationsMelting ProcessScrap steel is melted in 5 ways“Hot heel”practice Electrical energy Natural gas energy Chemical energy Exhaust he
192、at2ELECTRIC ARC FURNACE(EAF)Electrodes Adds alloys to refine steel according to chemical specifications Establishes consistent temperature and mixture throughout the ladle Stages ladles between furnace and caster to aid billet flow3LADLE METALLURGICAL STATION(LMS)Tapping SequenceLadle CarSlagMezzani
193、ne LevelAlloy Additions Forms liquid steel in a solid section in a continuous strand The solidified strand exits the caster and enters the induction furnace to be prepared for rolling4CONTINUOUS CASTERAMICRO MILLBMINI MILL The solidified strand exits the caster and is torch cut to lengths from 30-45
194、 ft Billets from the melt shop are reheated to 2,000F in a gas-fueled furnaceLadleLadleTundishTundishMold ChamberMold ChamberSpray ChamberSpray ChamberInduction FurnaceReheat FurnaceBillet Cutting Torches Series of rolling stands shapes metal into final product shape,and final stand cuts to length5R
195、OLLING MILL“Roughing”MillIntermediate&Finishing Mill“Flying”ShearLow Speed Line6FINISHING&TRANSPORTATIONHigh-Speed Line Twin Channel EntryHigh-Speed Bar Breaking System Automated bundling systems prepare products for movement by overhead crane to storage areas or directly to customer trucks Loads CM
196、C trucks,customer trucks,and commercial carriers Arranges shipment of all finished products Arranges transportation of inbound materials including CMC truck“backhauls”Straight Length RebarBundling&ShippingSpooled RebarINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY39CMC 2024 Sustainability R
197、eportWhile our EAF technology provides inherent energy efficiency,we continue to implement innovative technologies and process improvements at our mills that drive business performance and help to achieve our Scope 1 and Scope 2 emissions reduction goals.Among these initiatives are selecting lower i
198、mpact recycled steel for use as raw material;utilizing energy-efficient equipment;configuring automatic controls to increase efficiencies;analyzing data to prevent performance issues;and exploring new technologies to further reduce our use of natural gas.Some examples of our efforts in 2024 include:
199、At our mini mills,we are utilizing a hot charging process where hot billets from the steel melt shop are transferred directly to the rolling mill,significantly reducing the use of the reheating furnace.We estimate that this process reduces natural gas usage by up to 50%per ton.CMC Poland setting all
200、-time records for low electrical energy consumption for EAF.CMC Steel Florida optimizing electrical and chemical energy recipes in their EAF to maintain production rates and reduce energy consumption.CMC Steel Tennessee and CMC Steel Arizona 1 replaced their EAF arc regulation systems,which directly
201、 control the electrical energy input,resulting in an improvement in reliability and electrical energy consumption.We are investigating additional innovations to further improve our business and reduce emissions,including those that further electrify our operations and those that move us away from na
202、tural gas.Among the innovations we are analyzing are using electric ladle preheaters to replace traditional natural gas-fired ladle preheaters;using electric induction furnaces in our mini mills with reheat furnaces to replace natural gas-fired reheat furnaces;and using hydrogen as a partial or full
203、 replacement for natural gas.We are also engaging with our energy suppliers and utilities to reduce Scope 2 GHG emissions by optimizing the mix of our sources of power,including increasing the use of renewable energy.By diversifying our power supply,we ensure reliability and reduce price risks while
204、 reducing our carbon footprint.These efforts include negotiating power purchase agreements(PPA)to increase the amount of purchased energy from renewable sources.In 2024,we entered into a new PPA with Alabama Power,which will result in our steel mill in Birmingham,AL sourcing 16%of its electricity fr
205、om renewable sources.We are also implementing innovative technologies to enable our mills to use greater amounts of renewable energy.CMC Steel Arizona is using Q One technology at its micro mills,which reduces electricity transmission losses by up to 10%,and this same technology will be utilized at
206、our future micro mill in West Virginia.Sustainability is a team effort at CMC,but we cannot do it alone.We encourage our utilities,retailers and developers to help us discover new renewable energy sources that CMC can utilize for decades to come.We continue to discover new ways to optimize our proce
207、sses,support our grids with demand response and integrate these cleaner energy sources into our operations.Garret KentDirector,EnergyENERGY REDUCTIONS IN MELT SHOPSThe melt shops in our mills,where recycled scrap steel is melted to use as a raw material for our products,are our largest user of elect
208、ricity.Our initiatives to reduce the electricity usage in the EAFs and ladle metallurgy stations in the melt shops resulted in a savings of approximately 15.2 million KWH and$762,000 in 2024.Other efficiency efforts include optimizing the amount of carbon injected into the EAF;reducing the consumpti
209、on rate of the carbon graphite electrodes used in the EAF;and optimizing the amount of fluxes used in the EAF,which are used to reduce metallurgical impurities in the scrap steel.15.2$762,000million KWH saved in 2024 as a result of initiatives to reduce electricity usagesaved in 2024 as a result of
210、initiatives to reduce electricity usageINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY40CMC 2024 Sustainability ReportIn addition to reducing our carbon footprint,CMCs environmental strategy focuses on responsible management of water usage and reducing the amount of waste sent to landfills.W
211、e recognize that water is a valuable natural resource and our facilities recycle water multiple times throughout our process.The total rate of water recycled in our operations is over 91%,with 5 of our 10 steel mills being zero water discharge facilities.Our water withdrawal intensity level,measured
212、 by the amount of water brought into the process per metric ton of steel produced,is just 4%of the steel industry average.We comply with all applicable laws and regulations regarding water use and discharges,including the Clean Water Act in the United States.As a leading global recycler of steel,our
213、 operations support the circular economy by reducing scrap metal sent to landfills.Our recycling facilities collect end-of-life materials from individuals,commercial companies and scrap yards,along with pre-consumer scrap from manufacturing facilities,which are processed to use as raw material at ou
214、r mills.As a result of our processes,CMC saves approximately 17 billion pounds of scrap metal from being landfilled annually.By using recycled steel as our raw material,we also avoid the mining and extraction of virgin raw materials,which reduces potential negative impacts on biodiversity.We also wo
215、rk to reduce waste sent to landfills by recycling metals that can be used as raw materials for new products in a variety of industries.In our shredding and scrap recycling processes,we separate ferrous material that contains iron from non-ferrous metals such as copper,brass and aluminum,which are th
216、en recycled for use as raw materials for new products used in construction,automotive and aviation.In our manufacturing operations,we capture and recycle coproducts and byproducts such as steel slag used by construction companies as a base materials in highways,asphalt and other products.We capture
217、and recycle 99%of the baghouse dust from our EAF furnaces,which contains zinc and other valuable metals used to create products such as paints,tire rubber and fertilizers.Water and Waste ManagementWATER WITHDRAWAL INTENSITY LEVEL96%less than the industry averageIndustry averageCMCno mining or extrac
218、tion of virgin raw materialsINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY41CMC 2024 Sustainability Report We start by locally sourcing,purchasing and processing scrap metal from various sources.Our shredding and scrap recycling processes separate nonferrous recyclable metals(e.g.,copper,br
219、ass and aluminum)from ferrous metal that can be remade into new products used in buildings,automobiles,roads,bridges and more.We melt recycled scrap metal into new steel using our state-of-the-art EAF technology.We then roll the new steel into finished long steel products.We produce finished product
220、s in various shapes and lengths and further fabricate some for the many markets we serve.We reclaim end-of-life steel material as feedstock,restarting our cycle of steel production,creating a complete closed-loop system.1234517B+99%pounds of scrap metal saved from being landfilled as a result of CMC
221、s processof our EAF baghouse dust is sent to recyclers who extract zinc and other metals to create products,such as paints,tire rubber and fertilizers 12345CIRCULARITYINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY42CMC 2024 Sustainability ReportThe climate risk assessment we completed in 20
222、23 identified climate-related opportunities for our business as customers in construction and infrastructure industries seek to use more sustainable products in response to emerging regulations,standards and the needs of their customers.As a global leader in recycled steel,including our line of net-
223、zero products such as RebarZero and MerchantZero,we are well positioned to help our customers meet their goals for reducing GHG emissions and climate risks.We partner with our customers to provide guidance and offer solutions that address their sustainability needs.In addition to recycled steel prod
224、ucts,our Tensar Divisions geogrid products provide sustainable solutions that reduce material and transportation needs and shorten construction schedules for our customers,leading to lower costs and fewer trucks to deliver materials and resulting in lower emissions.In 2024,we implemented the Primary
225、-to-Primary initiative,which is focused on having a single relationship between a customer and one mill to improve customer service and reduce costs,including freight.We seek to pair customers with mills that are closest geographically,which also reduces the environmental impact from factors such as
226、 transport-related GHG emissions.To help our customers make informed decisions,we publish Environmental Product Declarations(EPDs)in the United States and EU that disclose the environmental performance of our steel and geogrid products and their potential impacts on the environment.In 2024,we develo
227、ped new EPDs for two of our performance reinforcing steel products ChromX and GalvaBar.We currently publish EPDs on most of our products and update the EPDs on a five-year cycle,in accordance with applicable standards including ISO 21930,ISO 14025,ISO 14040,ISO 14044 and EN 15804+A2:2019.Our EPDs sh
228、ow that the average embodied GHG emissions of our steel products is lower than the U.S.steel manufacturing average,according to the Concrete Reinforcing Steel Institute.EPDs are verified by a third party and are frequently required for public and private projects and help contribute to certification
229、 of green building projects such as LEED(Leadership in Energy and Environmental Design).Supporting our Customers in SustainabilityAs leading developers and constructors move towards sustainable,environmentally friendly construction methods,CMC is proud to be at the forefront of our space.As we conti
230、nue to see increased requests for sustainable products,CMC offers solutions that provide our clients with proven,patented solutions,built to last the test of time,all while decreasing GHG emissions and contributing to the bottom-line.Chris JohnArea Manager,FabricationEPDS FOR CHROMX AND GALVABARIn 2
231、024,CMC developed EPDs for two of our performance reinforcing steel products,ChromX and GalvaBar.These corrosion-resistant products extend the life of projects using steel reinforced concrete.ChromX is five times more corrosion resistant than conventional steel and has a product service life of 100
232、years.GalvaBar is galvanized rebar with a zinc alloy coating that provides the well-known corrosion protection of zinc while being created through an environmentally friendly process free of volatile organic compounds and hazardous air pollutants.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATE
233、GY43CMC 2024 Sustainability ReportCMC continues to make strong progress toward meeting our environmental targets by focusing on continuous improvement of our operations,including using innovative technologies and sharing best practices among our facilities.Sustainability remains at the heart of our
234、business and we remain committed to helping our customers and the steel sector achieve their sustainability goals.We will continue to maintain the highest standards of transparency in our environmental reporting to ensure accountability for all our stakeholders.Looking AheadDECARBONIZING THE STEEL S
235、ECTOR In 2023,CMC was one of six founding members of the Global Steel Climate Council(GSCC),which includes more than 40 international steel manufacturers,trade associations,end users,scrap metal suppliers and non-governmental organizations.Through the GSCC,we are advocating for the release of a sing
236、le Steel Climate Standard to measure,report and ultimately reduce carbon emissions in steel production,regardless of the technology or process used.Our goal is to provide incentives to decarbonize the steel sector by offering a transparent reporting system that enables customers and other stakeholde
237、rs to accurately compare carbon emissions intensity across products and producers and make informed purchasing decisions.We support the work of the GSCC to help ensure that low-emission steel is recognized as an essential component of a sustainable future.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONM
238、ENTSTRATEGY44CMC 2024 Sustainability ReportConducting Ourselves with Integrity05CMCs commitment to building a sustainable business for the long term includes maintaining the highest standards of ethics and integrity and implementing an effective governance structure and robust risk management progra
239、ms.Crescent Real Estate,McKinney&OliveDallas,TexasAPPENDIXGOVERNANCESOCIALENVIRONMENTSTRATEGYINTRODUCTION45CMC 2024 Sustainability ReportWhy it MattersOur strong corporate governance policies and practices enable CMC to be accountable and transparent to our stakeholders regarding our business and su
240、stainability strategies.These practices include regular communication of our strategic goals and reporting of our performance and progress towards achieving these goals.We recognize that effective management of enterprise risks is critical to maintaining value for our stakeholders.Our risk managemen
241、t programs are focused on identifying and mitigating risks,both in CMCs operations and throughout our value chain.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY46CMC 2024 Sustainability ReportCMCs corporate governance policies and structure are defined in our Corporate Governance Guidelines
242、,which are based on best practices and meet or exceed the standards and requirements of the New York Stock Exchange and the SEC.Board GovernanceOur commitment to ethics and integrity starts at the top with our Board of Directors,which is responsible for oversight of CMCs business and the day-to-day
243、operations conducted by its employees and management,and our ongoing strategy to enhance the long-term value of the company.The Boards governance policies and practices include appointment of an independent Chairman of the Board;having a majority of independent directors(with 8 out of 9 directors in
244、dependent as of September 1,2024);appointment of a Lead Director if the Chairman of the Board is not independent(our Chairman of the Board is independent as of September 1,2024);regular executive sessions of independent directors;annual evaluations of the Board and its committees;and limits on the n
245、umber of other boards our directors and CEO may serve on.CMCs Board recognizes the importance of having a diverse group of directors that bring a variety of backgrounds and experiences,enabling them to provide unique thoughts and viewpoints to the company.While our Board does not maintain a formal d
246、iversity policy,the Nominating and Corporate Governance Committee considers gender,race,ethnicity,sexual orientation,identity,age and other diversity criteria in identifying qualified director candidates.As of September 1,2024,56%of CMCs directors are ethnically/racially diverse or women.Oversight o
247、f SustainabilityOur Board is responsible for oversight of sustainability issues,including reviewing and approving CMCs sustainability strategy and goals related to environmental performance.This oversight,which is discussed in the section of Chapter 1 on Management of Sustainability,includes receivi
248、ng sustainability updates at least annually from the vice president of strategy,government affairs and sustainability.Governance StructureBOARD REFRESHMENTCMCs Board is committed to proactive Board refreshment to ensure that new viewpoints and ideas are being included.Five new directors,representing
249、 56%of the total,have joined the Board since 2021.Barbara R.Smith,the Executive Chairman of the Board,retired from this position and as a member of the Board,effective August 31,2024.The Board appointed Robert S.Wetherbee,who has served as an independent director on the Board since 2023,to serve as
250、Chairman of the Board,effective September 1,2024.In connection with Mr.Wetherbees appointment,Sarah E.Raiss resigned from her position as Lead Director of the Board,effective August 31,2024,but continues to serve on the Board.Vicki L.Avril-Groves retired from the Board,effective August 31,2024,after
251、 having served as an independent director since 2014.The Board also appointed Tandra Perkins to serve as an independent director,effective September 1,2024.56%of the Board is diverseINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY47CMC 2024 Sustainability ReportBoard CommitteesOur Board has f
252、our standing committees,which must be comprised entirely of independent directors.The Board committees all have written charters outlining their responsibilities,which are posted on our website.AUDITOversees financial reporting and accounting functions and compliance with legal and regulatory requir
253、ements.The Audit Committee also has oversight of risk management for issues including business interruption and cybersecurity.COMPENSATIONResponsible for reviewing and approving compensation philosophy and policies for executive management,including incentive plans.FINANCEOversees balance sheet mana
254、gement and liquidity,finance policies and capital allocation strategies including capital investments and inorganic growth(up to specified limits)and capital distributions.NOMINATING AND CORPORATE GOVERNANCEResponsible for reviewing and making recommendations on the companys Corporate Governance Gui
255、delines,and oversight of self-evaluation of the Board and its committees.The Nominating and Corporate Governance Committee also identifies and recommends to the Board qualified candidates for Board nomination,based on criteria approved by the Board.Risk ManagementCMCs Board has oversight of risk man
256、agement,with oversight of risks in specific areas assigned to certain Board committees depending on the nature of the risk.The Board oversees the enterprise risk management(ERM)policies and procedures developed by management,which identifies and assesses various risks facing the company,including en
257、vironmental risks from the impact of climate change,which are discussed in Chapter 2.The ERM process is directed by managements Executive Risk Committee,made up of members of our executive leadership team and the Management Risk Committee.The Management Risk Committee,which is co-chaired by our chie
258、f legal officer and director of internal audit and includes leaders from all critical areas of our business,meets at least twice a year to discuss current and emerging enterprise risks.The results from these meetings are presented to the Executive Risk Committee,which is chaired by our chief financi
259、al officer and meets regularly to review the changing risk landscape.The Executive Risk Committee provides an annual risk assessment and periodic updates to the Board and applicable Board committees.As weve seen over the past few years,change is inevitable.CMCs risk management program ensures the ex
260、ecutive team is well-informed of the challenges facing the business,and they are able to prioritize and plan for those that could have the largest impact to ensure CMCs success.Danielle StoneCorporate ControllerINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY48CMC 2024 Sustainability ReportEt
261、hics and ComplianceCMCs comprehensive Code of Conduct and Business Ethics(the Code)is based on the foundation of ethical behavior the company has followed since our founding in 1915.The Code is critical to our success in operating our business with integrity in interactions with all stakeholders inc
262、luding customers,suppliers and fellow employees.The Code provides guidance regarding compliance with all applicable laws and regulations in the countries where we operate.We are committed to ensuring that all employees,as well as officers and directors,understand their responsibilities under the Cod
263、e.We require annual training for the Code and in 2024,100%of required employees completed the training.In addition to the Code,our senior financial officers and the CEO have a Code of Ethics for Senior Financial Officers,which they must acknowledge and certify annually.Ethics HotlineThe Code provide
264、s guidance for employees on how to report concerns about any known or suspected business misconduct or violations of laws or regulations.CMC encourages employees to contact their supervisor,human resources representatives,or other senior executives or directors,or to report concerns through confiden
265、tial channels such as our toll-free,24/7 Ethics Hotline or online.The Ethics Hotline and website,which are operated by a third party and available in local languages,enable employees to remain anonymous while being advised that additional information may be required for an investigation to take plac
266、e.CMC has a zero tolerance policy to protect whistleblowers against any retaliatory action taken in response to reports made in good faith.All reported concerns are investigated by either human resources or our legal department and anyone found to have violated the Code is subject to disciplinary ac
267、tion which may include termination of employment.Human RightsWe are committed to protecting fundamental human rights including safeguarding the rights of workers.The Code contains guidance and expectations regarding fair employment practices,including throughout our global supply chain.In addition,C
268、MCs Workplace and Human Rights Policy is guided by the core principles of the UN Universal Declaration of Human Rights,UN Guiding Principles on Business and Human Rights,OECD Guidelines for Multinational Enterprises,and the International Labor Organizations Declaration on Fundamental Principles and
269、Rights at Work.Our policy applies to all CMC facilities globally and is reviewed annually by our Nominating and Corporate Governance Committee to ensure the policy remains relevant and is aligned with global standards.Anti-Corruption,Anti-Bribery and AntitrustThe Code includes guidance on ethical be
270、havior regarding business practices involving competitors,suppliers and customers.CMC strictly prohibits employees,directors and officers,and third parties acting on the companys behalf from engaging in actions that violate applicable laws and regulations governing anti-bribery,anti-corruption and a
271、ntitrust.These include the U.S.Foreign Corrupt Practices Act(FCPA),the UK Bribery Act and similar laws and regulations in the countries where we operate.100%of required employees completed their annual Code of Conduct training in 2024INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY49CMC 2024
272、Sustainability ReportResponsible Supply ChainCMC is committed to working with partners who share our values and our goals of operating ethically and sustainably while maintaining the highest standards of quality and reliability.Our global supply chain and vendor base is made up of over 6,000 compani
273、es,including about 400 significant suppliers in the United States.We engage with key suppliers through formal surveys to gain a better understanding of our suppliers commitment to sustainability-related topics including diversity,human rights and environmental performance.We follow outlined procedur
274、es for supplier selection and performance monitoring,under the direction of our chief supply chain officer and our purchasing and procurement teams,who receive regular training.In 2024,we implemented a supplier pre-qualification process for major capital projects in which we require the acceptance o
275、f our Supplier Code of Conduct in addition to other criteria for bid selection.New employees in North America,Europe,and the UK are required to enroll in our supply chain courses within six months of joining CMC and upon completion are certified as advanced procurement professionals or procurement p
276、rofessionals.All suppliers are required to review and acknowledge compliance with our Supplier Code of Conduct,which outlines our expectations in areas including ethical business practices,health and safety,human rights and environmental stewardship.By learning more about our supply chain,we build t
277、rust with our stakeholders and gain insights that help us make improvements today and safeguard the future of our business.Melissa SkinnerDirector of Procurement,Central DivisionPEOPLE MATTER CHARTEROur Tensar Division is a signatory of the People Matter Charter,which is a UK-based charter developed
278、 by the Supply Chain Sustainability School.The charter includes eight commitments that signatories and their supply chains need to address to show they are treating people responsibly,including human rights,wellbeing,equality,workplace culture and training.Employment ConditionsHuman RightsModern Sla
279、veryRight to WorkTraining&SkillsWellbeingWagesFairness,Inclusion&RespectINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY50CMC 2024 Sustainability ReportConflict MineralsWe do not purchase,use or process Conflict Minerals,which under U.S.law are tin,tantalum,tungsten and gold originating from
280、the Democratic Republic of the Congo or an adjoining country(Covered Countries).As stated in our Conflict Minerals Policy,which is included in our Supplier Code of Conduct,we require suppliers to assist in compliance with laws and regulations governing Conflict Minerals by conducting reasonable coun
281、try of origin inquiries and following internationally accepted due diligence guidelines.CMC complies with Rule 13p-1 under the Securities Exchange Act of 1934,as amended,which requires the company to file an annual Conflict Minerals Report with the SEC.Our latest Conflict Minerals Report covering 20
282、23,filed with the SEC on May 24,2024,states that based on our due diligence,CMC has no reason to believe that any conflict minerals present in steel products manufactured and sold by CMC are necessary to the functionality or production of those products or originated in the Covered Countries.Improvi
283、ng ResilienceOur purchasing and procurement teams regularly analyze supply chain risks to identify potential risks of disruption from causes such as economic downturns or geopolitical crises.We have implemented several initiatives to help mitigate these risks,including selecting suppliers closer to
284、our local operations when possible,which also reduces the environmental impact from factors such as transport-related GHG emissions.Beginning in 2023,CMC formalized our program in the United States to assess supply chain risks of our commodity suppliers.The program includes on-site visits and virtua
285、l data gathering to review the suppliers sustainability programs and risks they may face including current or upcoming changes to regulations.Based on this assessment,we recommend 5-and 10-year strategies for procurement for certain commodities,such as electrodes and alloys,to strengthen resilience.
286、Local SuppliersWe seek to work with local suppliers in the regions where we operate when possible,and in 2024 approximately 67%of our U.S.suppliers were local.In the United States,we utilize a purchasing platform,which makes it easier for local and regional suppliers to do business with CMC.The plat
287、form enables our procurement teams to receive and acknowledge purchase orders and invoices within the same platform,which minimizes back-office functions for smaller suppliers.67%of CMCs U.S.suppliers were local!INTRODUCTIONGOVERNANCEENVIRONMENTSTRATEGYSOCIALAPPENDIX51CMC 2024 Sustainability ReportD
288、ata Privacy and SecurityWe are committed to protecting the companys information systems from cybersecurity threats to ensure the safety and privacy of proprietary data and information involving our business,employees,vendors and customers.CMC complies with all applicable regulations regarding data p
289、rivacy and security in the countries where we operate,including the European Unions General Data Protection Regulation(GDPR),the California Consumer Privacy Act,and similar federal and state regulations.Our cross-functional information security team is responsible for data protection policy developm
290、ent,including our Cyber Security Policy,as well as threat monitoring and auditing.Our data protection roadmap,which aligns with the Center for Internet Securitys Top 18 Critical Security Controls and additional frameworks including the National Institute of Standards and Technology(NIST),includes pr
291、ocedures such as multi-factor authentication and security vulnerability management.To protect against emerging threats,we regularly engage third-party experts to assess our cybersecurity controls and vulnerabilities and upgrade our systems and controls as appropriate.Information security metrics are
292、 tracked monthly and reported to the chief information officer and others,as appropriate.Our information security team provides quarterly cybersecurity briefings to the Boards Audit Committee and briefs the full Board annually.Our employees receive regular training on avoiding and mitigating informa
293、tion security risks including phishing,malware,viruses and hacking,and protecting sensitive data from breaches or cyber incidents.CMC is committed to protecting our company,team,assets and customers.We adapt our security strategies to address risks and promote employee awareness.Our dedicated team d
294、rives this commitment.Eric PuleoChief Information Security OfficerINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY52CMC 2024 Sustainability ReportTrade Associations and Political EngagementCMC is committed to advancing our industry by participating in over 50 industry associations and committ
295、ees focused on environmental protection,occupational health and safety,employee training and development,and other topics.By partnering with other organizations,we strengthen our operational knowledge and gain insights into best practices and market trends.Our participation also includes advocating
296、for public policies that support fair,consistent and sustainable standards and business conditions for our industry.Together with our industry partners in recycling,steelmaking,fabrication and geosynthetics,we share important data and insights with government agencies and policymakers.CMCs advocacy
297、efforts also include our Employee Political Action Committee(PAC),through which CMCs salaried U.S.employees can make political contributions.Our Political Contributions Policy outlines guidelines for the PAC and other advocacy efforts.Our lobbying strategy is aimed at helping shape public policies o
298、n sustainability and trade issues to help maintain a level playing field for U.S.sustainable steel producers.U.S.Based Industry and Trade Associations 2021 American Association of State Highway and Transportation Officials American Chamber of Commerce American Railway Engineering and Maintenance-of-
299、Way Association(AREMA)American Road and Transportation Builders Association(ARTBA)Associated Builders and Contractors(ABC)Associated General Contractors(AGC)Association for Iron and Steel Technology(AIST)The Association of Employers of the Steel Industry Bureau of International Recycling(BIR)Concret
300、e Reinforcing Steel Institute(CRSI)Deep Foundations Institute Geosynthetics Materials Association Institute of Scrap Recycling Industries(ISRI)The International Association of Foundation Drilling(ADCS)The International Steel Trade Association(ISTA)Metal Building Manufacturers Association(MBMA)Metals
301、 Service Center Institute(MSCI)National Slag Association Steel Joist Institute(SJI)Steel Manufacturers Association(SMA)European Based Industry and Trade Associations The Association of Geotechnical and Geoenvironmental Specialists(AGS)British Geotechnical Association(BGA)British Standards Institutio
302、n(BSI)European Steel Association(EUROFER)European Federation of Association of Steel,Tube and Metal Distribution(EUROMETAL)French Geosynthetics Association(CFC)French Soil Mechanic Association(AFMS)French Wind Farm Energy Association(FEE)German Asphalt Association German Steel Federation GfG Quality
303、 Association for Gabions eV Institute of Highway Engineers(IHE)International Geosynthetics Society(IGS)International Society for Soil Mechanics and Geotechnical Engineering(ISSMGE)Industrial Association for Geobuilding Materials(IVG)The Local Council Roads Innovation Group(LCRIG)Permanent Ways Insti
304、tute(PWI)Polish Association of Asphalt Pavement Specialists(PSWNA)Polish Association of Transport Engineers and Technicians(SITK)Polish Chamber of Construction and Building Polish Chamber of Industry and Commerce of Scrap Polish Road Congress(PKD)Polish Steel Association Polish Union of Steel Distri
305、butors The Railway Industry Supplier Qualification Scheme(RISQS)RAL Gtezeichen(Quality Mark)Steel Chamber of Industry and Commerce(HIPH)Steel Quality Promotion Center Swedish Wind Energy Association Swiss Geosynthetics Association(SVG)Temporary Works Forum(TWF)INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENV
306、IRONMENTSTRATEGY53CMC 2024 Sustainability ReportWe recognize the importance of maintaining strong governance and risk management structures to ensure that CMC is able to maintain a sustainable business that continues to create value for our stakeholders now and in the future.We continue to build on
307、the foundation of ethics and integrity that have guided CMC since our founding,as we expand our efforts to embed sustainability in our business strategy and throughout our organization and value chain.Looking to 2025 and beyond,we will continue to work with our stakeholders to meet the needs of our
308、customers and provide products and solutions for a sustainable future.Looking AheadINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY54CMC 2024 Sustainability ReportAppendix 06Texas Live!Arlington,TexasINTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY55CMC 2024 Sustainability ReportAbout
309、This ReportThis Sustainability Report provides information on the most relevant ESG topics for our business,our sustainability strategy,how we identify and assess emerging sustainability issues and the progress we are making on our priority sustainability topics.Report ScopeThis Sustainability Repor
310、t covers key activities and performance metrics from our 2024 fiscal year from September 1,2023 to August 31,2024.Unless otherwise noted,all data and information represent our global recycling,mill and downstream facilities.In the evaluation of CMCs operational footprint,our EAF steel mills represen
311、t more than 95%of our GHG emissions and energy and water usage,therefore we use our mill data as the boundary for our environmental metrics.Our report covers the sustainability topics most important to our stakeholders,as described in Stakeholder Engagement.This report has been prepared in reference
312、 to the Global Reporting Initiative(GRI)2021 Standards,the Sustainability Accounting Standards Board(SASB)Iron&Steel Producers Standard and recommendations from the Taskforce on Climate-Related Financial Disclosures(TCFD).We provide GRI,SASB and TCFD content indices at the back of this report to hel
313、p stakeholders find information relevant to their needs.To learn more about sustainability at CMC,visit .For questions regarding CMCs sustainability initiatives,or any of the content that we include in this report,please contact our manager of public and investor relations at .INTRODUCTIONSOCIALGOVE
314、RNANCEENVIRONMENTSTRATEGYAPPENDIX56CMC 2024 Sustainability ReportPerformance Data TablesMetricUnit202220232024About CMCGlobal Employees#12,48313,02213,178U.S.#9,7269,7729,937Europe and the rest of the world#3,1573,2503,241Raw Steel ProductionMT5,756,5035,410,5895,326,382Metal Recycled from Operation
315、sMT8,676,6308,108,4417,815,494Recycled Content in Finished Steel%989898Raw Steel Production by EAF%100100100Raw Steel Production by BOF%000Total Iron Ore Production%000Total Coking Coal Production%000Acting with Integrity Health&SafetyTotal Recordable Incident Rate(TRIR per 200,000 hours)#1.501.301.
316、10Contract Labor TRIR#2.365.631.891-All data are based on CMCs fiscal year(September 1-August 31)1INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY57CMC 2024 Sustainability ReportMetricUnit202220232024Total Lost Time Incident Rate(LTIR per 200,000 hours)#0.660.470.55Total Near Miss Frequency R
317、ate(NMFR)#32.4326.2929.38Number of Fatalities#200Fatality Rate#0.01600Contract Labor Fatalities#000Locations with Zero Incident Rate#98114131U.S.Employees Participating in Annual Physicals%568684Talent ManagementEmployees Receiving Performance Reviews%100100100Participation in 401(k)Plan%949087Gradu
318、ation Gift(for Children of Employees)$10,40015,75013,900Military Gift(for Children of Employees)$1,250750500College Scholarship(for Children of Employees)$127,000153,750131,250Employee Tuition Reimbursement$69,94257,75871,723Community EngagementCommunity Charitable Contributions$1,559,4671,885,0361,
319、461,747Community Events#-205185INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY58CMC 2024 Sustainability ReportMetricUnit202220232024Gender,Ethnicity&Age Diversity2Gender DiversityGlobal Workforce3Male#10,94811,28411,422Female#1,5351,6681,746%Male%888787%Female%121313Board of DirectorsMale%56
320、5660Female%444440Executive LeadershipMale%405075Female%605025Management EmployeesMale%788086Female%2220142-Percentages not totaling to one hundred percent are a result of rounding.3-The gender diversity breakdown for CMCs global workforce does not equal our total global workforce because of undeclar
321、ed responses and/or new facilities.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY59CMC 2024 Sustainability ReportMetricUnit202220232024Salaried EmployeesMale%727276Female%282824Hourly EmployeesMale%939193Female%777Ethnic DiversityGlobal WorkforceCaucasian#-7,451African American#-1,456Hispan
322、ic#-3,139Other#-730Race/Ethnicity not disclosed#-392%Caucasian%-57%African American%-11%Hispanic%-24%Other%-6%Race/Ethnicity not disclosed%-3INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY60CMC 2024 Sustainability ReportMetricUnit202220232024Board of DirectorsCaucasian%898980African American
323、%111110Hispanic%0010Other%000Race/Ethnicity not disclosed%000Executive LeadershipCaucasian%100100100African American%000Hispanic%000Other%000Race/Ethnicity not disclosed%000Salaried Employees 4Caucasian%777570African American%567Hispanic%121216Other%567Race/Ethnicity not disclosed%1104-U.S.workforce
324、 only.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY61CMC 2024 Sustainability ReportMetricUnit202220232024Hourly Employees 4Caucasian%515137African American%131418Hispanic%292838Other%547Race/Ethnicity not disclosed%210Age DiversityGlobal WorkforceUnder 30#-1,83030-50#-4,896 Over 50#-3,211N
325、ot Disclosed#-0%Under 30%-18%30-50%-49%Over 50%-32%Not Disclosed%-04-U.S.workforce only.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY62CMC 2024 Sustainability ReportMetricUnit202220232024Board of DirectorsUnder 30%00030-50%000Over 50%100100100Not Disclosed%000Executive LeadershipUnder 30%0
326、0030-50%403338Over 50%606763Not Disclosed%000Salaried Employees 4Under 30%109930-50%545350Over 50%363841Not Disclosed%0004-U.S.workforce only.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY63CMC 2024 Sustainability ReportMetricUnit202220232024Hourly Employees 4Under 30%20192230-50%494949Over
327、 50%273029Not Disclosed%000Respect for Our EnvironmentCapital Expenditures Spend on Environmental Projects$6,900,0005,800,0004,989,000Emissions5Scope 1 GHG EmissionsMTCO2e1,082,5281,056,1911,038,806Scope 1 GHG Emission Intensity(MT of Emissions per MT of Raw Steel Produced)MTCO2e/MT0.190.200.20%of C
328、O2e Covered Under Emissions-limiting Regulations%3.884.277.23Scope 2 GHG Emissions6MTCO2e1,297,6671,232,4301,215,332Scope 2 GHG Emission Intensity(MT of Emissions per MT of Raw Steel Produced)MTCO2e/MT0.260.230.23Scope 1&2 GHG EmissionsMTCO2e2,380,1952,288,6212,254,138Scope 1&2 GHG Emission Intensit
329、y(MT of Emissions per MT of Raw Steel Produced)MTCO2e/MT0.410.420.424-U.S.workforce only.5-Emission factors are based on the GHG Protocol.6-CMCs Scope 2 emissions include electricity only.CMC does not use outside heating,cooling or steam.Emission factors are based on the GHG Protocol,which includes
330、the latest eGRID(2022)factors.International electricity factors are from IEA and utility-specific as appropriate.Emissions are based on the sum of electricity use times and the appropriate emission factor for each facility load.INTRODUCTIONSOCIALGOVERNANCEAPPENDIXENVIRONMENTSTRATEGY64CMC 2024 Sustai
331、nability ReportMetricUnit202220232024Scope 3 GHG Emissions7MTCO2e1,450,6391,387,9371,615,509Scope 3 GHG Emission Intensity(MT of Emissions per MT of Raw Steel Produced)MTCO2e/MT0.250.260.30Total GHG Emissions(Scope 1,2&3)7MTCO2e3,830,8343,676,5583,869,647Total GHG Emission Intensity(Scope 1,2&3)7 (M
332、T of Emissions per MT of Raw Steel Produced)MTCO2e/MT0.670.680.73Air Quality8NOx(Nitrogen Oxides)MT865857821SOx(Sulfur Oxides)MT593488461CO2(Carbon Dioxide)MT1,078,8761,008,9441,031,419CH4(Methane)MT138127132N2O(Nitrous Oxide)MT0.800.800.68CO(Carbon Monoxide)MT4,2984,2034,634Pb(Lead)kg1,2371,1841,04
333、3VOCs(Volatile Organic Compounds)MT217209220PM(Particulate Matter)MT4123443787-Biogenic CO2 emissions,if any,are noted.CMCs Scope 3 emissions include Category 1:Purchased Goods and Services for select items purchased at our steel making facilities(i.e.,our mills segment).Upstream emissions are considered cradle-to-gate and factors are sourced through primary data or emission factor tables listed a
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