Martin Marietta Materials Inc

Common Name
Martin Marietta Materials
Country
United States
Sector
Basic Materials
Industry
Building Materials
Employees
9,400
Ticker
MLM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Martin Marietta Materials Inc. is a leading supplier of building materials, primarily aggregates like crushed stone, sand, and gravel, as well as cement and concrete products in the United States. Its...

Martin Marietta Materials's Climate Target Data Preview

As of 2024, Martin Marietta Materials has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Martin Marietta Materials ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 1 - Process
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Magnesia Produced/Manufactured
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a
2030
Intensity-based Target*
Scope 1 - Process
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement Produced/Manufactured
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Martin Marietta Materials’s Climate Targets Data

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a. Martin Marietta Materials's Sustainability Report 2024
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Insights into Martin Marietta Materials's Greenhouse Gas Emissions Pathways

As of 2024, Martin Marietta Materials has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Martin Marietta Materials have a target to reduce the emissions from its operations?

As of 2024, Martin Marietta Materials has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Martin Marietta Materials's most ambitious operational target is to reduce these emissions by 23% by 2030, compared to a baseline of 0.846 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement Produced/Manufactured in 2010. a

Martin Marietta Materials has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Martin Marietta Materials's Operational (Scope 1+2) Emissions Pathway

20102024203000.250.50.751BaselineCurrent (-35%)Target 2030 (-23%)
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