Governance

Ethics & Compliance

The Importance Of Integrity

Ethical conduct and integrity are at the core of CMC’s guiding principles and drive our culture every day. CMC promotes open communication, transparency and accountability while striving to always do the right thing for our stakeholders. It is fundamental to our success that both our leaders and employees observe the highest ethical standards of business conduct in their interactions with our customers, employees, communities and investors.

The Code of Conduct and Business Ethics was developed to support and enhance the culture of integrity and accountability we’ve built and come to expect of ourselves for over a century. Key company functions and roles are directly accountable for these efforts, including

  • The Board of Directors and CEO endorse the Code and use it to guide business decisions.
  • The Legal Department is responsible for the administration of the Code.
  • The Nominating and Corporate Governance Committee reviews and assesses the adequacy of the Code.
  • The Audit Committee oversees compliance with the Code.

We also have a Financial Code of Ethics that outlines obligations for the chief financial officer (CFO) and senior financial officers. The CEO, CFO and senior financial officers must certify their acknowledgment and understanding of the Financial Code of Ethics annually.

Protecting Human Rights

CMC supports and defends the fundamental human rights of our employees and suppliers. We follow strict policies to safeguard workers and prevent violations. We also offer a confidential whistleblower system to suppliers. Our Workplace and Human Rights Policy outlines our commitment to honoring internationally recognized human rights.

In 2022, we updated our Workplace and Human Rights Policy to further expand upon our commitments to our workforce and the communities in which we operate.

Zero Tolerance for Corruption

CMC prohibits the bribery of public officials in the U.S. and abroad. CMC employees and officers must comply with the U.S. Foreign Corrupt Practices Act (FCPA), and documentation is maintained in compliance with the FCPA. The prohibition of bribes, kickbacks and gifts also extends to any third party where there is knowledge that may be used to influence a public official.

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Acting with integrity is a core value at CMC. Everyone is accountable for upholding our responsible business practices.

ethics guiding principles

Our Guiding Principles

Our guiding principles serve as a compass for our decisions, actions and behaviors. They form a code that transcends the boundaries of culture and geography to direct us in how to respond to issues of basic human rights. At their heart, our principles are based on two simple concepts — integrity and a concern for the welfare of others.

Who we are

CMC provides innovative products and solutions that strengthen and reinforce a wide range of industries. We are committed to delivering industry-leading customer service, providing an environment where our employees can succeed, improving our communities and creating value for our investors. By doing this, we find better ways to make the world we all live in stronger, safer, and more sustainable.

We will always...

Place the customer at the core of all we do. We believe that if we focus on meeting the needs of our customers, we will succeed. We work hard at understanding our customers’ needs and providing creative solutions that add value to their businesses.

Stay committed to our employees. We care for our employees by providing an environment where safety is our top concern, employees have the opportunity for both personal and professional growth, everyone is treated fairly and opinions are respected. We foster an inclusive culture that challenges conventional thinking, promotes teamwork, requires accountability and rewards success.

Give back to our communities. We take seriously the responsibility that comes with being a good corporate citizen and are dedicated to making a positive impact in our local communities where we live and work.

Create value for our investors. We strive to be the strongest company in the materials sector by having a passion for cost efficiency, using our resources effectively and achieving our goal of consistent, profitable growth.

We believe in...

Acting with integrity by honoring our commitments, being accountable for our actions and acting with respect for others.

Dedicating ourselves to making the safety and wellbeing of our employees a top priority.

Promoting collaboration by working together as a team to provide exceptional results.

Encouraging excellence by challenging ourselves to improve everything we do.

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