Kirby Corporation · NYSE:KEX
Kirby — ESG Presentation (August 2018)
19 slides from Kirby's sustainability presentation, August 2018
Slide 1: ESG: Environment / Social / Governance
ESG Environment / Social / Governance Kirby Corporation Summer/Fall 2018
Slide 2: Sustainability is integral to our corporate culture
Sustainability is integral to our corporate culture “Do the Right Thing” is a key Kirby value ▪ At Kirby, sustainability is embedded in our culture – From an environmental and human impact perspective, safety is the foundation – Zero Harm: • No harm to people • No harm to the environment • No harm t
Slide 3: Environmental
Environmental 3
Slide 4: Marine transportation is a good news story
Marine transportation is a good news story Marine transportation is the cleanest, safest and most efficient mode of surface transportation in the U.S., with far fewer impacts on the population than truck or rail. Units to Carry 27,500 Barrels of Liquid Cargo 1 barge 1 loaded tank barge carrying 27,5
Slide 5: Barge tows move more cargo than alternatives
Barge tows move more cargo than alternatives… One 15-Barge Tow 1,050 Large Semi Tractor-Trailers 216 Rail Cars + 6 Locomotives Kirby’s 22.5 million barrels of capacity is equivalent to 45,700 rail cars and 143,200 large tractor-trailer trucks Source: National Waterways Foundation 5
Slide 6: Using less fuel and with fewer emissions
… Using less fuel and with fewer emissions 647 477 145 Ton-miles Traveled per Gallon of Fuel Tons of CO2 per Million Ton-Miles Source: National Waterways Foundation 6
Slide 7: Going above and beyond – Marine Transportation
Going above and beyond – Marine Transportation ▪ Kirby implemented usage of low-sulfur diesel on all vessels in 2012 ▪ All tank barges are double hulled to better prevent environmental spills ▪ Voluntary usage of 6 psi vs. 3 psi barges (the industry standard) virtually eliminate cargo vapor emission
Slide 8: Going above and beyond – Distribution and Services
Going above and beyond – Distribution and Services ▪ Developed technology to lessen environmental impact of hydraulic fracturing – Noise reduction fracturing units – reduces up to 14 dBA at 100 feet – Bi-fuel powered fracturing units – 70 to 80% diesel to natural gas conversion rate – Industry leadi
Slide 9: Social
Social 9
Slide 10: Strong emphasis on safety
Strong emphasis on safety ▪ Safety is the first and foremost concern in everything we do ZERO INCIDENTS ▪ The Board of Directors review safety statistics and ▪ major incidents at all levels of the organization Investing to ensure safe operations is good for NO to people to the environment morale and
Slide 11: Giving back to our industry
Giving back to our industry Kirby has a long history of supporting foundations, associations and institutions whose charitable work is related to Kirby’s mission ▪ Seaman’s Church Institute – North America’s largest mariner’s service agency providing spiritual support, maritime education and legal a
Slide 12: M/V Marine One….standing by
M/V Marine One….standing by Kirby is positioned to quickly and effectively support the U.S. Coast Guard to safely open our waterways after an incident, natural disaster or storm ▪ M/V Marine One is an emergency response vessel that can be quickly deployed to any area – Replaces ATONs (aids to naviga
Slide 13: Supporting our families and local communities
Supporting our families and local communities ▪ Disaster Relief - “do the right thing” – The Kirby Disaster Relief Fund • Charity provides support to Kirby employees, families, and communities affected by natural disasters • Kirby matches all employee contributions to the fund at 100% • Kirby has do
Slide 14: Pathways to diversity
Pathways to diversity In a male-dominated industry, Kirby is making inroads in diversity… Women ▪ Elected its first female board member in 2015 10% ▪ Females on the Executive Leadership Team include: – VP and General Counsel – VP and Chief HR Officer Minorities ▪ Management – 18% of company manageme
Slide 15: Governance
Governance 15
Slide 16: Board composition and experience
Board composition and experience Core Industry Experience Independent Director Age* (in years) Tenure* 30-40 7 DIRECTORS 0-5 6-10 10+ 50-60 60-70 70+ 40+ 2 DIRECTORS Average Tenure: 7.6 years * As of March 20018 Average Age: 64 * As of March 20018 Director Independence Industry Expertise Marine Tran
Slide 17: Board committees
Board committees All three Board committees consist solely of independent directors Audit Compensation Governance Director Committee Committee Committee Anne-Marie N. Ainsworth Richard J. Alario C Barry E. Davis C. Sean Day C Monte J. Miller Richard R. Stewart C William M. Waterman C Chairman Member
Slide 18: Executive compensation
Executive compensation Overseen by the Compensation Committee, executive compensation is comprised of three key elements: base salary, annual incentive plan, and long-term incentive awards ▪ Objectives of the program are to: – attract and retain senior executives – motivate consistent performance ov
Slide 19: Executive compensation
Executive compensation Overview of 2017 performance based compensation Executive Chairman Total Compensation President and CEO Total Compensation Not At Risk Not At Risk 18% 18% At Risk At Risk 82% 82% Other NEO Total Compensation* Not At Risk 27% At Risk 73% * Excludes the CFO who left during the 2