MasterBrand : 2024 CSR Report
MBC
Published on 06/17/2025 at 16:54
2024
Corporate Sustainability & Responsibility Report
Contents
CEO MESSAGE
ABOUT MASTERBRAND
5 Our Purpose, Vision & Culture
7 Our Commitment to Corporate Sustainability & Responsibility
9 Materiality Assessment & Stakeholder Engagement
ENVIRONMENTAL RESPONSIBILITY & SUSTAINABILITY
11 Our Environmental Management Strategy
12 Protecting Our Planet
13 Managing Energy Use
14 Conserving Water
15 Restoring Our Environment
17 Managing Waste
PEOPLE
20 Building a Culture of Safety
22 Achievements in Safety
23 Investing in Our People
26 Lead through Lean
27 Culture
29 Community Engagement & Giving Back
GOVERNANCE
32 Board of Directors & Executive Leadership
33 Business Ethics
35 Managing Our Supply Chain
Policies & Supporting Materials
APPENDICES
About This Report
Forward-Looking Statements & Materiality
SASB Index
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At MasterBrand, our culture is based on continuous improvement, and sustainability is itself grounded in this concept. As an organization, we continue to look for opportunities to produce more with less impact on the environment. In addition to our products and manufacturing,
this cultural foundation of continuous improvement applies to the wellbeing of our associates, care and concern for our planet, and responsible corporate governance and oversight.
Building on this foundational understanding, our Corporate Sustainability & Responsibility (CSR) Committee brings together teams from across the organization to focus our sustainability strategy and drive meaningful progress in the following key areas: Health and Safety, Human Capital Management, Responsibly Sourced Wood Materials, Waste Management, and Information Security. For instance, in
Health and Safety, we improved our injury identification and prevention efforts, achieving a Total Recordable Incident Rate (TRIR) of .64 in 2024, well below the industry average of 3.1. Additionally, through our Human Capital Management initiatives, we introduced new training for frontline leaders and enhanced our ability to recognize associates who demonstrated breakthrough performance during the year.
Lastly, on the environmental front, we recently formed a new partnership with the Arbor Day Foundation, reinforcing our commitment to reforestation and environmental stewardship.
Equally important is our commitment to giving back to the communities where we live and work. Through long-standing partnerships with organizations like Habitat for Humanity, we contribute in many ways-dedicating volunteer hours,
designing and installing kitchens and baths with MasterBrand
cabinetry, and sponsoring impactful events such as the 2024 Jimmy & Rosalynn Carter Work Project. It's truly inspiring to witness our team and community unite in support of causes that make a lasting difference.
At MasterBrand, our people make a difference every day. From caring about each other to bettering the communities in which we live, we are helping to foster a more sustainable world. We embrace sustainability as an opportunity to
do what is right for the environment and society, while creating value for our shareholders by bringing consumers' dreams for beautiful and functional homes, particularly their kitchen and bath spaces, to life. I'm inspired by all
the good work being done throughout MasterBrand, and I am proud to share our 2024 Corporate Sustainability and Responsibility Report.
Thank you for your interest in MasterBrand. We are excited about the future and look forward to making meaningful progress in the years ahead.
R. David Banyard, Jr.
President and Chief Executive O
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"
We continue to make strides towards establishing MasterBrand as an industry leader in sustainability."
Contents
About
Sustainability
People
Governance
Appendices
CEO Message
Contents
CEO Message
About
North American Residential Cabinet Manufacturer
Sustainability
People
Manufacturing Facilities and Offices
Governance
Dealer Network
Appendices
Net Sales
(Based on net sales for fiscal year 2024)
ABOUT MASTERBRAND
Associates
MasterBrand, Inc. (MasterBrand) is the largest manufacturer of residential cabinets in North America, offering cabinetry products for the kitchen, bathroom and other parts of the home. Our products are available in a wide variety of designs, finishes and styles, allowing homeowners to create the living
spaces of their dreams, tailored to their price point and personalized for their individual style.
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Contents
CEO Message
About
Sustainability
People
Governance
Appendices
Our Purpose
Building great experiences together
Our Culture (MBC)
Make the team better
Be bold
Champion improvement
KEY BRANDS
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DURASUPREME
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Our Vision
5
Build on our rich history by innovating how we work and what we offer to delight our customers
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Disclaimer
MasterBrand Inc. published this content on June 17, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 17, 2025 at 20:53 UTC.