Climate Change Data

Primoris Services Corporation

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Safety
  • Diversity & Inclusion
  • Supplier Diversity
  • Community Engagement
  • Sustainable Practices

Environmental Achievements

  • Employs Envision sustainability framework for renewable energy projects; examples include stormwater prevention plans, biome protection through revegetation, construction waste recycling, use of solar-powered lights and LEDs.

Social Achievements

  • Achieved a Total Recordable Incident Rate (TRIR) of 0.5, well below the 2.5 industry average; ranked in the top one percent of all engineering and construction companies in Engineering News Record’s 2022 Top 600 Specialty Contractors; Employee Resource Groups promote diversity and inclusion; supplier diversity program includes Minority, Woman, Veteran, LGBTQ+, Small, and HUB Zone owned businesses, representing 15% of third-party spend; encourages employee volunteerism through a paid community service day.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Improve cash flow generation; update MSAs with customers to improve margins; critically evaluate projects to ensure profitability.

Environmental Challenges

  • Economic uncertainty (war in Ukraine, lingering pandemic impacts in Asia), fuel and wage escalation, supply chain constraints, inflation, difficult regulatory environment impacting Pipeline Services segment.
  • Increased working capital to finance business growth and projects.
Mitigation Strategies
  • Negotiated with clients to recoup added costs (Utilities segment); secured a large pipeline project (Pipeline segment); improving cash flow generation through better billing processes, payment terms, and procurement practices; deploying excess cash toward debt reduction.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier diversity program

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather events
Transition Risks
  • Regulatory changes related to greenhouse gas emissions; decreased demand for refined products.
Opportunities
  • Construction of alternative energy facilities; increased demand for electric power infrastructure.

Reporting Standards

Frameworks Used: Envision Framework

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Ranked in the top one percent of all engineering and construction companies in Engineering News Record’s 2022 Top 600 Specialty Contractors