CMC’s 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 businesses and incorporating feedback from our stakeholder engagement activities.
This report focuses on nine key material issues, which were verified by CMC’s Executive Leadership Team and Sustainability Leadership Council.
These include the following:
We also review other issues we have identified as important to our company and industry, including: diversity and inclusion, human rights, sustainable supply chains, innovation, community engagement, customer satisfaction, corporate governance and ethics.
| Sustainability Issue | Description | Report Location |
|---|---|---|
| Health & Safety |
Providing safe working conditions through the implementation of a robust occupational health and safety management system, processes for hazard identification and incident investigation and provision of safety training, needed PPE and wellness programs/support. |
Social |
| Talent Management |
Cultivating 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 supporting employees with opportunities to develop and grow their careers. |
Social |
| Sustainability Oversight |
Ensuring that sustainability matters are effectively managed within the overall structure and governance of the company. |
ESG at CMC |
| Responsible Advocacy |
Engaging with governments and organizations to promote informed public policy, ensuring memberships in industry |
Corporate Governance |
| Environmental Compliance |
Ensuring compliance 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. |
Environmental |
| Climate Change |
Identifying and managing CMC’s risks related to climate change as they relate to current and future operations, including asset planning, capital allocation and development; mitigating CMC’s exposure to potential costs linked to carbon pricing and regulatory caps. |
Environmental |
| Greenhouse Gas (GHG) Emissions |
Tracking CO2 and other GHG emissions from CMC's operations, setting company-wide GHG reduction targets, and monitoring progress against the targets. |
Environmental |
| Energy |
Reducing energy consumption through management and efficiency initiatives, including both process improvements and capital investments, and adopting and investing in renewable energy sources, such as solar and wind. |
Environmental |
| Product Stewardship |
Assessing 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 the use of hazardous chemicals. |
Overview |