Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• CO2 intensity per U.S. dollar of net sales decreased by 8 percent over 2016.
• Waste intensity per U.S. dollar of net sales decreased by 11 percent over 2016.

Social Achievements

• Achieved a 10% improvement in safety performance, with an incident rate of 2.5 per one hundred employees.
• Voluntary turnover in the U.S. was approximately 5 percent.
• Combined charitable contributions exceeded $5 million.

Governance Achievements

• Implemented a global sustainability intelligence platform.
• Masco’s SSC Chair presented Masco’s sustainability intelligence journey at the National Association of Environmental Managers’ annual EHS & Sustainability Software conference.

Climate Goals & Targets

Environmental Challenges

• Supply chain complexities due to differences in business practices, shipping requirements, and laws and regulations across countries.
• Managing risks associated with chemicals in products and emerging concerns.

Mitigation Strategies

• Strategic sourcing and agreements with significant suppliers to ensure continued availability.
• Utilizing EHS tools to analyze chemical hazards and ensure proper handling, labeling, use, and waste treatment.
• Requiring suppliers to declare the presence or absence of SVHCs in their products or packaging.

Supply Chain Management

Supplier Audits: approximately 125 audits per year

Responsible Procurement

• Supplier Business Practices Policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, CDP, UN SDGs

Certifications: ISO 14001, OHSAS 18001, WaterSense, ENERGY STAR

Awards & Recognition

• Hansgrohe received the Kitchen Innovation of the Year award from Initiative LifeCare
• Delta Faucet Company received the WaterSense® Sustained Excellence Award for the third consecutive year

Environmental Metrics

ESG Focus Areas

• Health and safety of employees
• Diversity, Equity and Inclusion (DE&I)
• COVID-19 response
• Community support

Social Achievements

• Donated $1 million to over 50 nonprofits for COVID-19 relief.
• Expanded benefit program to provide financial assistance to employees affected by COVID-19.
• Covered in-network provider costs associated with COVID-19 testing.
• Masco Million Differences program: $1 million annually to support DE&I nonprofits.
• Partnerships with over 70 DE&I organizations in 2019.
• Partnership with Calibr to support Black employees.
• Employee participation in Human Library forums and other diversity initiatives.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic
• Racial injustice

Mitigation Strategies

• Formed a cross-functional Infectious Illness Response Team to implement safety measures.
• Modified work environments to ensure social distancing and provide protective equipment.
• Implemented alternative work arrangements.
• Expanded employee benefit programs.
• Redirected community outreach budget to support COVID-19 relief efforts.
• Established a global DE&I Council and local councils to guide and support DE&I strategy.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Investing in our Employees
• Sustainable Communities
• Diversity, Equity and Inclusion
• Governance

Environmental Achievements

• Approximately 50 percent of revenue derived from the sale of sustainable products in 2021.
• Delta® Recertified Program and Kraus returns management process saved over 350 tons of product from landfills and diverted the equivalent of 75 full semi-trucks of previously wasted stock into profitable inventory.

Social Achievements

• Donated nearly $6 million in cash and product gifts to nonprofits across the U.S. and Canada in 2021.
• Masco Cares Volunteer Award Program and Matching Gift Program incentivized employee support of charitable causes.
• Initiation of a Supplier Diversity Program to form new, diverse business partnerships.

Governance Achievements

• Adoption of a Human Rights Policy and DE&I Guiding Principles in 2022.
• Continued investment in opportunities and experiences to improve understanding and acceptance of diversity.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to global differences in business practices, shipping requirements, and laws and regulations.

Mitigation Strategies

• Strategic sourcing and agreements with significant suppliers to ensure continued availability.

Supply Chain Management

Responsible Procurement

• Supplier Business Practices Policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN SDGs

Certifications: ISO 14001

UN Sustainable Development Goals

• Goal 7
• Goal 8
• Goal 12
• Goal 13
• Goal 16

Sustainable Products & Innovation

• Paints meeting GREENGUARD® or MPI Green Performance™ standards; taps and mixer products meeting WaterSense® or European Water Label standards; lighting fixtures using LED and/or reclaimed wood.

Awards & Recognition

• Watkins Wellness iCommute’s Diamond Award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity & Inclusion
• Governance
• Community Investment
• Employee Well-being
• Sustainable Products

Environmental Achievements

• Announced an aspirational target to reduce scope 1 and 2 absolute greenhouse gas emissions by 50% by 2030 (compared to 2020 emissions).

Social Achievements

• Continued the Masco Million Differences campaign, dispersing over $5 million in donations since 2018 to organizations focused on workforce inclusion.
• Publicly disclosed its newly adopted Human Rights Policy, EEO-1 report, and DE&I Guiding Principles.

Governance Achievements

• Maintained a high-performance ethical culture and strong Ethics and Compliance Program.
• Continued robust shareholder engagement program.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to global factors and differences in business practices across countries.
• Tightening labor market and challenging economic environment impacting DE&I goals.

Mitigation Strategies

• Strategic sourcing and agreements with significant suppliers to ensure continued availability.
• Implementing inclusive talent practices to mitigate biases in talent decision-making processes.

Supply Chain Management

Responsible Procurement

• Supplier Business Practices Policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN SDGs

Certifications: ISO 14001 (approx. 20% of sites)

Third-party Assurance: No third-party assurance

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 6 (Clean water and sanitation)
• Goal 12 (Responsible consumption and production)
• Goal 8 (Decent work and economic growth)
• Goal 4 (Quality education)
• Goal 3 (Good health and well-being)
• Goal 16 (Peace, justice and strong institutions)

Sustainable Products & Innovation

• Paints certified for low chemical emissions
• Taps and mixer products meeting water flow rate standards
• Lighting fixtures using LED and/or reclaimed wood
• Spa products extending water life

Awards & Recognition

• Behr Paint named as one of The Home Depot’s Eco Actions Partners

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity & Inclusion
• Employee Well-being
• Sustainable Products
• Community Engagement

Environmental Achievements

• Hansgrohe introduced a shower hose made from recycled plastic bottles.
• Bristan Group installed 1,666 solar panels, saving over 100,000 kg of CO2 annually.
• Masco Support Services prevented over 780 tons of resalable product from landfills.

Social Achievements

• Masco and its business units donated over $7 million to nonprofits.
• Global voluntary turnover decreased to approximately 8% (down from 14% in 2022).
• Improved employee engagement, with 73% reporting as actively engaged in 2023 (up from 69% in 2022).

Governance Achievements

• Established an aspirational target to reduce scope 1 and 2 greenhouse gas emissions by 50% by 2030 (compared to 2020).
• Refreshed Board membership with the appointment of two new directors.
• Continued robust shareholder engagement program.

Climate Goals & Targets

Environmental Challenges

• Supply chain complexities and potential for interruptions due to global sourcing.
• Water consumption in areas with high or extremely high water stress.

Mitigation Strategies

• Strategic sourcing and agreements with significant suppliers to ensure availability.
• Manufacturing many plumbing products that meet WaterSense® criteria.
• Responsible disposal of water to publicly-owned treatment works.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Business Practices Policy (addresses human rights, forced labor, working conditions, and environmental protection).

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN SDGs

Certifications: ISO 14001 (approx. 20% of sites), ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 6 (Clean water and sanitation)
• Goal 8 (Decent work and economic growth)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)
• Goal 16 (Peace, justice and strong institutions)
• Goal 4 (Quality education)
• Goal 3 (Good health and well-being)

Initiatives related to energy consumption, water use, emissions, waste reduction, employee well-being, community engagement, and human rights.

Sustainable Products & Innovation

• Paints meeting GREENGUARD® or MPI Green Performance™ standards; WaterSense®-labeled taps and mixer products; LED and reclaimed wood lighting fixtures; HotSpring® FreshWater® Salt System.

Awards & Recognition

• Not disclosed