CMC 2023 Sustainability Report

About CMC

Serving Our Stakeholders

  • 2-29 Approach to stakeholder engagement
  • 3-3 Management of material topics

CMC’s most important stakeholders include our:

  • Employees
  • Local communities
  • Customers
  • Suppliers
  • Investors
  • Industry peers and trade associations

We engage each of these groups and maintain open, transparent
communication to better understand their concerns and identify potential responses. Based on our experiences and relationships,
we identified the following sustainability issues as important to
our stakeholders.

Stakeholder Engagement Strategies

Topics Identified

  • Health and safety
  • Rewards and recognition
  • Succession planning
  • Diversity and inclusion
  • Employee benefits
  • Ethics and integrity
  • Community engagement
  • Management development programs

Engagement Strategies and Frequencies

Ongoing

  • Print and electronic communication
  • Team meetings
  • “Paycall” facility-wide meetings
  • Employee surveys
  • Grievance hotline
  • Volunteer activities
  • Digital work environments
  • Performance reviews
  • Development plans

Topics Identified

  • Strategic risks and initiatives
  • Financial performance
  • Environmental impacts
  • Governance structure and policies
  • Sustainability reporting and transparency

Engagement Strategies and Frequencies

Quarterly

  • Earnings releases
  • Securities and Exchange Commission filings
  • Investor calls and meetings

Annually

  • Annual Report
  • Annual meeting of shareholders
  • Proxy Statement
  • Sustainability Report

Topics Identified

  • Delivery expectation and demand
  • Product quality
  • Business continuity
  • New products
  • Product and process innovation
  • Strategic partnering opportunities

Engagement Strategies and Frequencies

Ongoing

  • Voice of the Customer program
  • Direct engagement
  • Steel school training

Annually

  • Customer surveys

Topics Identified

  • Safety protocols and performance
  • Material quality
  • Demand forecasting and planning
  • Power purchase agreements
  • Performance metrics
  • Innovation and strategic partnership opportunities
  • Pricing and marketplace conditions

Engagement Strategies and Frequencies

Ongoing

  • Supplier Code of Conduct
  • Strategic sourcing processes
  • Business review meetings
  • Joint-quality improvement projects
  • On-site safety protocols
  • General dialogues and discussions
  • Supplier engagement survey

Topics Identified

  • Community impacts and engagement
  • Public safety and preparedness
  • Environmental impact
  • Workplace opportunities
  • Community family events

Engagement Strategies and Frequencies

Ongoing

  • Volunteering
  • Participation in calls and meetings with local governments
  • Partnerships with charitable organizations
  • Meetings with local emergency services
  • Social media
  • Job Fairs

Topics Identified

  • Health and safety
  • Community impacts
  • Environmental impact
  • Best practices
  • GHG emissions
  • Industry advocacy
  • Research

Engagement Strategies and Frequencies

Ongoing

  • Holding committee and association leadership positions

Quarterly

  • Industry association meetings
  • Industry committee meetings