Goals
Driving toward a better future for everyone
As part of our commitment to corporate sustainability and environmental stewardship, we have set ambitious sustainability targets for 2030 and 2050, including a path toward net zero emissions by 2050. We believe that not only are these goals achievable, but they are vital for protecting the people and the environment in the communities where we work.
As part of our commitment to corporate sustainability and environmental stewardship, we have set ambitious sustainability targets for 2030 and 2050, including a path toward net zero emissions by 2050. We believe that not only are these goals achievable, but they are vital for protecting the people and the environment in the communities where we work.
NEAR-TERM PRIORITIES
Increasing alternative fuel usage and fuel efficiency
Water metering and conservation
Front line employee development
Environmental product declarations
Embodied concrete and methane capture
We strive to meet and exceed these goals by setting our sights firmly on a better future for our company, our communities and our planet.
LONG-TERM OPPORTUNITIES
PILOTING NEW TECHNOLOGIES SUCH AS:
Increasing alternative fuel usage and fuel efficiency
Standardized reclamation plans
Exploring pilots for carbon capture and storage
100% closed loop water systems across the business
Renewable power agreements with utility partners
Carbon Reduction
Customers and investors have set a goal: attaining a lower carbon future is not an aspiration, it’s a necessity. That is why we have made it a priority to achieve net zero carbon emissions by 2050.
We aim to ensure that Summit is a leader in our industry’s decarbonization efforts through product and operational innovation. We believe that with currently available technologies, approximately 25% of our 2020 baseline impacts can be addressed by 2030, and 50-75% of those impacts can be addressed by 2050. As an interim step, we plan to address the balance of those impacts with market-based offsets and credits in order to achieve net zero emissions.
2030 Targets
2050 Targets
M MT CO2e Emittes
(M MT CO2e)
1.6 – 2.0
0.5 – 1.2
With offsets to get to net zero
CEMENT EMISSIONS INTENSITY
(M MT CO2e / mt produced)
0.65
0.25
With offsets to get to net zero
RENEWABLE POWER
(by percentage)
30%
100%
Learn more about our comprehensive approach to reducing carbon emissions.
As we continue to explore and evaluate emerging technologies, we remain focused on reducing our carbon footprint and leading the way toward a more sustainable future.
Land Reclamation
FRESHWATER WITHDRAWN
(reduction by percentage)
10%
25%
LAND PRESERVED & CONVERTED
(by percent of total acres)
10%
20%
WASTE DIVERTED
(MT, target by % of waste diverted)
100%
100%
Our 2030 and 2050 land reclamation goals reflect our core values and our commitment to responsible corporate stewardship.
Download our complete 2023 ESG Report for more information about how we are working diligently to reach our sustainability goals.
Although Summit Materials, Inc. (“Summit,” or “Company”) believes that the assumptions inherent in these forward-looking statements are reasonable, the reader should not place undue reliance on these statements. Forward looking information is prepared as of January 1, 2022. Please see our “Risk Factors” in Summit’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission and our subsequent filings.