CMC’s most recent formal materiality assessment was conducted in 2023. We continue to review material issues annually by engaging with leadership across our businesses and incorporating feedback from our stakeholder engagement activities.
CMC’s Executive Leadership Team and Sustainability Leadership Council have validated the nine material issues featured in this report as strategically significant to our sustainability agenda.
These include the following:
We also review other issues we have identified as important to our company and industry including: inclusion and employee belonging, human rights, supply chain sustainability and resilience, 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, including processes for hazard identification and incident investigation, provision of safety training, needed personal protective equipment (PPE) and no touch campaigns aimed at preventing hand and other injuries. We also recognize the importance of mental health and provide employees and leadership with mental health training programs and support services such as our Employee Assistance Program. |
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 CMC’s overall structure and governance. |
ESG at CMC |
| Responsible Advocacy |
Engaging with governments and organizations to promote informed public policy, ensuring memberships in industry and trade associations align with CMC’s public commitments, and transparently disclosing CMC’s contributions to political campaigns, organizations and/or parties. |
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 carbon dioxide (CO2) and other GHG emissions from CMC’s operations, setting company-wide GHG reduction targets and monitoring our 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 increasing the use of recycled content and sustainable materials, reducing input consumption, sourcing raw materials sustainably and decreasing the use of hazardous chemicals. |
Overview |