Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon footprint through internal company programs (recycling, LED lighting, efficient paper consumption, etc.)
• Involvement in over 50 renewable energy projects in the last two years
• Harlan Electric's Michigan district office powered by over 50% Green-e Energy certified clean energy

Social Achievements

• Maintained industry-leading safety performance with recordable incident rate of 1.06, lost time incident rate of 0.11, and no workplace fatalities (below BLS rates)
• Launched MYR Group University, an online learning management system, providing 80,000+ total man-hours of training
• Donated over a million dollars to charities and provided tens of thousands of dollars in pro bono work and volunteer hours

Governance Achievements

• Actively striving for a diverse Board of Directors with a majority of independent members (78% independent, 33% diverse directors)
• Established a Nominating, Environmental, Social, and Corporate Governance Committee (NESG) to oversee ESG matters
• Implemented a Code of Business Conduct and Ethics, including policies for preventing bribery, corruption, and anti-competitive behavior

Climate Goals & Targets

Environmental Challenges

• Cannot control all social or environmental aspects of projects due to working with various clients and contractors
• Potential environmental, social, and climate risks associated with operations (including reputational risk)
• Changes in insurance coverage, availability, and premiums due to climate change

Mitigation Strategies

• Focus on optimally rewarding practices that can be influenced and controlled
• Regular evaluation of performance and improvement areas
• Enterprise risk management system (ERM) to identify, assess, and manage climate-related risks

Supply Chain Management

Responsible Procurement

• Strive to provide opportunities for disadvantaged, women, minority, and other vendors

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events causing operational disruptions, project inefficiencies, delays, and damage to work in progress and assets

Transition Risks

• Changes in market demand, legal and regulatory requirements, increased reporting and compliance costs

Opportunities

• Increased demand for construction services and renewable project solutions to mitigate climate change

Reporting Standards

Frameworks Used: SASB, TCFD