Letter from our CEO
Dear Stakeholders,
Core & Main is proud to provide safe and sustainable water infrastructure and solutions that help our communities thrive. We view sustainability as an integral element of our business that supports our efforts to address our nation's critical water and essential resource needs, while delivering long-term value to our stakeholders. Our approach to Environmental, Social, and Governance (ESG) is part of a holistic strategy that spans from our core principles and internal policies to how we meaningfully engage with our associates, customers, suppliers, shareholders and communities. As we continue to make progress toward our ESG priorities, I am pleased to share Core & Main's accomplishments in our second ESG report that builds upon our 2020 report and demonstrates the impact of this important work and the goals we strive to achieve in the coming years.
Our products and services play an important role in advancing the broader sustainability goals of our customers and industry. We help drive the adoption of new technologies that enhance the way water is managed, distributed and used without compromising performance, durability or economic value.
Steve LeClair
Chief Executive Officer
ENVIRONMENTAL
Core & Main is committed to making a positive impact on our environment by delivering solutions that drive sustainability, improve water management and conservation, and address critical issues such as drought and flooding. We embrace our responsibility to advance progress within our industry and we are focused on driving technological innovation and ensuring the long-term viability of essential water infrastructure. In collaboration with our customers, suppliers and other industry organizations, we are taking steps to further strengthen our strategy to provide sustainable solutions to our communities.
In Our Industry
Our associates are engaged members and leaders of industry trade associations in waterworks, fire protection and industrial distribution.
In Our Communities
At Core & Main, we are industry leaders and our associates are dedicated to helping the communities they serve. In order to meet that commitment, we want our associates to bring their best selves to work. That is why our mission is to invest in the development and well-being of our people who are the key to our future.
We pride ourselves on attracting top talent within the industry and empowering our associates to make key decisions, drive innovation and live out our core principles so that we can deliver the greatest value to our stakeholders. Since 2017, Core & Main has been named each year to the St. Louis Post-Dispatch Top Places to Work list. Additionally, we have repeatedly been recognized by the St. Louis Business Journal as a top place to work in 2019, 2020 and 2022 thanks to the dedication and significant contributions of our associates. Building an exceptional company happens by choice, not chance. Because of this, we are very intentional about our culture. As one of our associates put it,
"This isn't a job, it's who we are."
GOVERNANCE
Strong corporate governance informs our decision-making at Core & Main, which we see as essential to effectively manage risk and create sustainable long-term value for our stakeholders. Our approach to oversight fosters trust, transparency and safety, supporting a culture where every associate is empowered to operate with the highest integrity. We review and update policies and procedures to reflect our role as a leader in our industry, while providing ongoing training to our associates on best-practice compliance, safety standards and cybersecurity to reinforce our commitment to strong governance at every level of the company.
SOCIAL