2025 CMC Sustainability Report

"...we remain focused on ensuring that
sustainability, along with our focus on
people, excellence and growth, continue
to be the pillars that drive our business
strategy and operations."

Peter Matt

President and Chief Executive Officer

Performance

2025

Highlights

Diversity

54%

ethnic diversity in our U.S. workforce

Water
Recycling

Over 91%

water recycled in our operations

Safety

133

facilities with a zero incident rate

Recycled
Metal

Nearly 7.3M tons

recycled metal

Energy Consumption

2.1%

decrease in energy consumption intensity since 2019

Charity

$1.7M

in charitable contributions

Customer Satisfaction

100%

global customer satisfaction score

A Letter from Peter Matt

CEO Headshot

CMC was founded as a recycling company over 110 years ago and we remain focused on ensuring that sustainability, along with our focus on people, excellence and growth, continue to be the pillars that drive our business strategy and operations.

I am pleased to welcome you to our 2025 Sustainability Report. This report highlights CMC’s environmental, social and governance (ESG) achievements during the year and reinforces our drive to operate sustainably to support the long-term success of our business. CMC was founded as a recycling company over 110 years ago and we remain focused on ensuring that sustainability, along with our focus on people, excellence and growth, continue to be the pillars that drive our business strategy and operations.

The health and safety of CMC’s people continues to be our highest priority and I’m proud to report that we set another new record in 2025 for safety performance with our lowest ever recordable injury rate as well as no recordable injuries for the year at 133 facilities. This achievement is the result of our investments in creating a safety culture committed to continuous improvement and to the people that embody that culture.

CMC’s Transform, Advance, Grow (TAG) program was launched in 2024 to share best practices across all areas of our business including improving productivity and safety. TAG initiatives have enabled us to successfully identify opportunities to lower costs, reduce input consumption, optimize logistics and increase energy efficiency, which are also boosting our efforts to make CMC a more sustainable company.

We continued to invest in training and leadership development programs to empower our employees and develop future leaders who will power our growth and innovation. CMC continues to engage with local organizations to recruit talented people and provide career opportunities for people in our local communities. We support organizations that are dedicated to positively impacting our communities and contributed $1.7 million in 2025 through local and corporate giving campaigns.

This report details CMC’s programs focused on reducing our environmental impact and maintaining industry-leading environmental performance. While we remain focused on growth, we are committed to doing so in a way that helps address global challenges, including climate change. We support the circular economy through our vertically integrated operations, which include the entire lifecycle of steel, from production and fabrication to the collection and recycling of scrap to create new products. The pioneering technology we utilize to make steel, including what will soon be our most advanced new micro mill opening in 2026 in West Virginia, along with our continuous efforts to improve our operations, will enable CMC to achieve further reductions in greenhouse gas emissions and make progress toward our newly established environmental goals.

Our efforts continue to support our customers in meeting their sustainability goals. Environmental Product Declarations, or EPDs, are becoming an increasingly important tool to ensure our products meet green building standards and help reduce carbon emissions for construction projects. In 2025, we refreshed many of our EPDs and obtained several new EPDs for several of our products to ensure we are meeting our customer needs. Today, seven CMC products have EPDs.

Finally, our guiding principles include operating our business with the highest standards of integrity, strong governance structures and risk management programs to provide accountability and transparency to all our stakeholders. We remain committed to regular engagement with stakeholders through the communication of our strategies and our progress on meeting sustainability goals.

CMC’s employees around the world are the driving force behind our success, enabling us to meet the needs of our customers, partners, communities and shareholders. I want to thank them for their dedication and thank all our stakeholders for your continued support as we continue to improve the sustainability of our company. We remain optimistic about our ability to contribute positively to a sustainable future for all.

Social

Environmental

Corporate
Governance

AWARDS

& RECOGNITION

Awards & Recognition Star vector
CMC goals target

Our Goals

CMC first established environmental goals in 2020, setting improvement targets for 2030 set on a 2019 baseline. We have made substantial progress toward achieving those goals, including reaching 104% of our goal of reducing Scope 1 and 2 GHG emissions by 20%, 98% of our goal of increasing renewable electricity usage by 12 percentage points, and 100% of our goal of reducing energy consumption intensity by 5%. Given this progress, we have established new, more ambitious environmental goals. These new goals, set on a 2024 baseline, focus on reducing the intensity of our Scope 1 through Scope 3 steelmaking emissions by a total of 10% by 2034.

Our Sustainability Goals

Targets for 2034, with a 2024 baseline.

About this report

This 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 Scope

This Sustainability Report covers key activities and performance metrics from our 2025 fiscal year from September 1, 2024 to August 31, 2025. Unless otherwise noted, all data and information represent our global recycling, mill and downstream facilities. In the evaluation of CMC’s operational footprint, our EAF steel mills represent 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 to the Global Reporting Initiative (GRI) 2021 Standards, the Iron & Steel Producers Standard of the International Sustainability Standards Board’s (ISSB’s) Sustainability Accounting Standards Board (SASB) and recommendations from the Taskforce on Climate-Related Financial Disclosures (TCFD).

CMC is transitioning to using the ISSB’s International Financial Reporting Standards Climate-related Disclosures (IFRS S2) and therefore, will replace its TCFD content index with an IFRS S2 content index in next year’s sustainability report. We provide GRI, SASB and TCFD content indices at the back of this report to help stakeholders find information relevant to their needs.

To learn more about sustainability at CMC, visit esg.cmc.com. For questions regarding CMC’s sustainability initiatives, or any of the content that we include in this report, please contact our manager of public and investor relations at ir@cmc.com.