CMC Awarded on the USA TODAY America's Best Climate Leaders 2024 List

Rhea-AI Summary

Commercial Metals Company (NYSE: CMC) has been recognized on USA TODAY's America's Best Climate Leaders 2024 list. This award, announced on May 30, 2024, by USA TODAY and Statista Inc., honors U.S. companies with significant year-over-year reductions in emissions intensity. CMC's President and CEO, Peter R. Matt, highlighted the company's longstanding commitment to sustainability and environmentally friendly steelmaking. The firm's sustainability report can be accessed for more details on their environmental efforts.

Positive

• CMC recognized on USA TODAY's America's Best Climate Leaders 2024 list.
• The award is a result of significant year-over-year emissions intensity reduction.
• Recognition from a reputable source, USA TODAY, and Statista Inc.
• Commitment to sustainability over 100 years.
• Positive PR can boost investor confidence and brand image.

Negative

• The award alone does not reflect financial performance improvements.
• Potential high costs associated with maintaining sustainability initiatives.
• Focus on environmental goals may divert resources from other business areas.

IRVING, Texas, May 30, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), has earned recognition on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 30^th, 2024, and can be viewed on usatoday.com.

The America's Best Climate Leaders 2024 award is presented to U.S. based companies with an exemplary environmental record and proven emissions intensity reduction performance year-over-year.

"CMC was founded over 100 years ago on the principles of recycling and sustainability. Today we continue to be an industry leader in sustainable steelmaking and in reducing our environmental impact," commented Peter R. Matt, President and Chief Executive Officer. "CMC is proud to receive this award from USA Today and Statista, Inc. in recognition of our strong commitment to lowering emissions intensity. We are driven by our commitment to creating better ways to build a stronger, safer, more sustainable world."

To learn more about CMC's environmental stewardship, please see our sustainability report at esg.cmc.com.

About CMC

CMC is an innovative solutions provider helping build a stronger, safer and more sustainable world. Through an extensive manufacturing network principally located in the United States and Central Europe, CMC offers products and technologies to meet the critical reinforcement needs of the global construction sector. CMC's solutions support construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial and energy generation and transmission.

View original content:https://www.prnewswire.com/news-releases/cmc-awarded-on-the-usa-today-americas-best-climate-leaders-2024-list-302159809.html

SOURCE Commercial Metals Company

FAQ

What award did CMC receive in May 2024?

Commercial Metals Company was recognized on USA TODAY's America's Best Climate Leaders 2024 list.

When was the America's Best Climate Leaders 2024 list announced?

The list was announced on May 30, 2024.

Why was CMC awarded on USA TODAY's America's Best Climate Leaders 2024 list?

CMC was awarded for its exemplary environmental record and significant year-over-year emissions intensity reduction.

What is CMC's stock symbol?

CMC's stock symbol is CMC.

Where can I view the full list of America's Best Climate Leaders 2024?

The full list can be viewed on usatoday.com.