Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Performance
• Employee Safety and Engagement
• Community Involvement
• Ethical Standards and Compliance

Environmental Achievements

• Reduced number of environmental citations to nine from 15 since 2007.
• Achieved certification for 11 equipment shops under the California Department of Toxic Substances Control (DTSC) Model Shop Program.
• Incorporated thousands of tons of recycled rubber, asphalt, ready-mix concrete, and asphalt roofing shingles into finished construction materials.
• Reduced NOx emissions by 35 percent and PM by 33 percent since 1997 (fleet average).

Social Achievements

• Named to Fortune magazine's list of the “100 Best Companies to Work For in America” in 2008.
• Implemented programs to reduce soft tissue injuries and ergonomic exposures.
• Engaged employees in environmental projects through Leadership Development Programs.
• Supported hundreds of community-based organizations nationwide through financial assistance and volunteer work.

Governance Achievements

• Recognized by the Ethisphere Institute as one of the “World’s Most Ethical Companies” in 2010.
• Established a Corporate Compliance Program with regular training for employees.
• Maintained an anonymous hotline for reporting concerns.

Climate Goals & Targets

Environmental Challenges

• Rising costs of doing business and an aging workforce.
• Economic downturn impacting investments in sustainability initiatives.

Mitigation Strategies

• Proactive approach to identify and reduce workplace injury risk factors.
• Anticipatory approach to protecting employees from occupational illnesses.
• Balancing economic performance with new investments and initiatives.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Recycled Asphalt Pavement
• Cold In-Place Recycling
• Hot In-Place Recycling
• Full-Depth Reclamation
• Rubberized Asphalt
• Recycled Base Rock
• Recycled Asphalt Shingles
• Warm-Mix Asphalt
• Low-Permeability and Porous Asphalt

Awards & Recognition

• World’s Most Ethical Companies (Ethisphere Institute)
• Best Overall Government Contractor Ethics Programs (Ethisphere Institute)
• Clean Utah seal of approval
• Green certification by the Monterey Bay Area Green Business Program
• Waste Reduction Awards Program (WRAP) award
• Numerous awards for community service and environmental excellence

Environmental Metrics

ESG Focus Areas

• Safety and Health
• Compliance and Ethics
• Community
• Employees
• Environment
• Sustainable Infrastructure
• Quality

Environmental Achievements

• Completed Scope 1 carbon footprint assessment (114,003 tCO2e in 2014, 132,285 tCO2e in 2015)
• Achieved ISO 14001:2004 certification in Utah Region and on large projects
• Completed Greenroads Pilot Project in Alaska (West Dowling Road Phase II)

Social Achievements

• Received the World’s Most Ethical Company designation for the seventh consecutive year
• Named one of America’s Most Trustworthy Companies by Forbes
• Supported communities through various outreach activities and charitable contributions
• Improved Building a Healthier You Wellness Program
• Employs 14% women (double the industry average)

Governance Achievements

• Implemented a Safety and Health Management System (OHSAS 18001:2007 certified)
• Implemented a Quality Management System (ISO 9001:2008 certified)
• Updated compliance training to include online and in-person components

Climate Goals & Targets

Environmental Challenges

• Increase in OSHA citations (from 50 in 2014 to 71 in 2015)
• Increase in environmental incidents (from 8 in 2014 to 11 in 2015)
• Increase in salaried employee turnover (from 16.74% in 2014 to 21.11% in 2015)

Mitigation Strategies

• Implemented Relationship-Based Safety
• Conducted audits to ensure compliance with safety and health management systems
• Implemented root cause analysis methods for environmental incidents
• Implemented several incentive programs and benefits adjustments to reduce turnover

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol, ISO 9001, ISO 14001, OHSAS 18001

Certifications: ISO 14001:2004, OHSAS 18001:2007, ISO 9001:2008

Sustainable Products & Innovation

• Warm-mix asphalt
• Recycled asphalt concrete base
• Solar power

Awards & Recognition

• Alaska Governor’s Safety Award of Excellence
• Tailings Safety Award (Kennecott Utah Copper)
• World’s Most Ethical Company (Ethisphere Institute)
• America’s Best Midsize Employers (Forbes)
• Veterans Employer of the Year (California Employer Advisory Council)
• Numerous awards from the National Asphalt Pavement Association and the National Stone, Sand & Gravel Association

Environmental Metrics

ESG Focus Areas

• Safety
• Community Engagement
• Workforce Diversity & Inclusion
• Compliance & Ethics
• Environmental Performance (Water Conservation, Emissions Reduction)
• Operational Excellence
• Client Alignment
• Innovation
• Infrastructure Investment

Environmental Achievements

• 23 Granite asphalt plants earned the National Asphalt Pavement Association (NAPA) Diamond Achievement Sustainable Commendation.
• Cottonwood facility reused more than 50 million gallons of water.
• Reduced total injuries by 23% in 2019 compared to 2018.
• Diverted 1.02 million tons of waste from landfills by incorporating recycled content in hot-mix asphalt production.

Social Achievements

• Certified as a “Great Place to Work” in 2019-2020.
• Launched a new safety branding campaign: Safety by Choice.
• Added a Vice President of Diversity and Inclusion.
• Implemented Craft Safety Connection (CSC) teams.
• Partnered with Cal Poly to create the Granite Heavy Civil Engineering and Construction Program.
• Various community engagement initiatives (playground builds, donations, volunteering).

Governance Achievements

• Conducted a sustainability materiality assessment.
• Implemented procedures addressing Anti-Bribery and Anti-Corruption efforts.
• Recognized as one of the World’s Most Ethical Companies for the 11th consecutive year.

Climate Goals & Targets

Environmental Challenges

• Accurately quantifying fuel used by all owned and rented equipment.
• Reporting quality incidents and rework in construction.

Mitigation Strategies

• Developing an efficient data gathering solution to track fuel consumption.
• Piloting reporting methods and tools to incentivize reporting of rework delays.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct (including human rights, conflict minerals).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Sustainable Products & Innovation

• Cured-In-Place Pipe (CIPP)
• Well rehabilitation services
• Ranney® Collector Wells
• Asphalt with high percentage of recycled content

Awards & Recognition

• AGC of California’s Construction Safety Awards (first place)
• NAPA Diamond Achievement Sustainable Commendations (23 plants)
• National Stone, Sand & Gravel Association awards (Lockwood - Silver, Capay & Singer - Bronze)
• California Green Business (Santa Clara Asphalt Facility)

Environmental Metrics

ESG Focus Areas

• Dependable Governance
• Environmental Stewardship
• Social Responsibility
• Enduring Value

Environmental Achievements

• 20 Granite plants received Diamond Achievement Sustainable Commendations from NAPA.
• Incorporated recycled plastic into pavement, reducing embodied carbon by an estimated 8-14%.
• 15.77% recycled content in asphaltic concrete produced.

Social Achievements

• Launched a month-long core value campaign for sustainability.
• Increased women in leadership to 15.3% and persons of color in leadership to 17.4%.
• Donated over $170,000 to charitable organizations.

Governance Achievements

• Revised the Code of Conduct to extend its reach to suppliers and vendors.
• Implemented electronic signatures to reduce paper usage and improve efficiency.
• Achieved 99.72% compliance training completion rate for salaried employees.

Climate Goals & Targets

Environmental Challenges

• Increased total Scope 1 GHG emissions compared to 2020 baseline.
• Data gaps in carbon footprint assessment.
• Reducing serious and potentially life-threatening injuries.

Mitigation Strategies

• Improved data collection and reporting systems for carbon footprint.
• Investing in technologies and practices to reduce Scope 1 and 2 emissions.
• Implemented the Stuff That Can Kill You (STCKY) initiative to reduce serious injuries.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Extreme heat
• Increased frequency of extreme events

Transition Risks

• Regulatory changes
• Carbon taxes
• Market shifts

Opportunities

• Demand for lower carbon services and products

Reporting Standards

Frameworks Used: GRI Core Option, SASB Standards (Infrastructure—Engineering and Construction Services, and Extractives and Minerals Processing—Construction Materials), TCFD Recommendations

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Decent Work and Economic Growth
• Industry, Innovation, and Infrastructure
• Sustainable Cities and Communities
• Responsible Consumption and Production
• Climate Action
• Good Health and Well-being
• Gender Equality
• Clean Water and Sanitation
• Affordable and Clean Energy
• Reduced Inequalities

Granite’s sustainability efforts align with these SDGs.

Sustainable Products & Innovation

• Recycled plastic in asphalt
• Warm-mix asphalt

Awards & Recognition

• ENR Magazine Top 400 Contractors List
• Certified Great Place to Work
• Forbes America’s Best Mid-Size Employers
• Solar Power World 2021 Top Solar Contractors List
• NAPA Diamond Sustainable Commendations

Environmental Metrics

ESG Focus Areas

• Dependable Governance
• Social Responsibility
• Environmental Stewardship
• Enduring Value

Environmental Achievements

• 29 asphalt plants received the National Asphalt Pavement Association (NAPA) Diamond Sustainable Commendation (73% of total asphalt facilities)
• Reduced total Scope 1 GHG emissions from 214,303 t CO2e in 2021 to 205,993 t CO2e in 2022
• Six aggregate facilities completed draft EPDs and two asphalt plants published EPDs (7% of total materials facilities)
• Invested approximately $6.1 million in projects aimed at reducing emissions and improving energy efficiency at plants

Social Achievements

• Safest year in Granite’s history (0.71 OSHA recordable incident rate)
• Launched first company-wide Sustainability Week
• Increased female representation in leadership to 18.6%
• Increased persons of color in leadership to 18.1%
• Inclusion Index increased to 74%

Governance Achievements

• Completed second sustainability materiality assessment
• Implemented a new digital solution for sustainability data collection and reporting
• Established sustainability strategic partnerships with stakeholders
• Achieved 97% completion rate in basic compliance training

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions
• Improving data collection and reporting systems for GHG emissions
• Cost of implementing emissions reduction measures
• Supply chain disruptions

Mitigation Strategies

• Developing a decarbonization plan
• Investing in technologies and practices to reduce emissions (hybrid/electric vehicles, alternative fuels, energy efficiency improvements)
• Improving data collection and reporting systems
• Pursuing sustainability strategic partnerships

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Extreme heat
• Increased energy demand
• Limited water availability
• Damaged infrastructure

Transition Risks

• Increased spend on reporting activities
• Higher carbon taxes
• Increased competition from imported materials
• Increased energy, water, and raw material prices
• Negative ESG-related public image

Opportunities

• Demand for lower carbon services and products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN Global Compact

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 11: Sustainable Cities and Communities
• SDG 13: Climate Action
• SDG 17: Partnerships for the Goals

Granite's strategy is aligned with these SDGs through initiatives related to sustainable infrastructure, emissions reduction, and stakeholder partnerships.

Sustainable Products & Innovation

• Asphalt mix with recycled plastic
• Warm-mix asphalt

Awards & Recognition

• Newsweek America’s Most Responsible Companies (2023)
• AGC Safety Award (Nevada team)
• CalCIMA Excellence in Safety Awards
• NSSGA Awards of Excellence
• NAPA Quality in Construction and Diamond Commendation programs awards
• Maximizing Sustainability Award (Southwest Concrete Paving Association)

Environmental Metrics

ESG Focus Areas

• Dependable Governance
• Social Responsibility
• Environmental Stewardship

Environmental Achievements

• Exceeded target to earn recognition by the National Asphalt Pavement Association (NAPA) Diamond Sustainable Commendation for 78% of asphalt plants (target was 75%).
• 36% of all materials facilities had EPDs (on track to achieve 50% by 2025).
• Completed first water risk assessment.
• Committed $22M in projects to improve energy efficiency at materials facilities.

Social Achievements

• Achieved the best safety performance in company history with a 0.67 OSHA recordable incident rate (surpassed 0.70 target).
• Made improvements to employee benefits, including four weeks of 100% paid parental leave and two paid volunteer days.
• Made significant progress on Inclusive Diversity goals (details in report).

Governance Achievements

• Revised sustainability governance framework for more efficient Board oversight.
• 98% employee completion rate for basic compliance training.
• Achieved 88% first-time quality rate in construction materials production (advancing toward 90% target).

Climate Goals & Targets

Environmental Challenges

• Scope 1 GHG emissions increased in 2023 compared to the 2020 baseline due to data limitations and methodology improvements.
• Data limitations in tracking water use and other metrics.
• Need to integrate data from newly acquired companies.

Mitigation Strategies

• Developed a new GHG data dashboard for enhanced visibility into performance.
• Developing a decarbonization plan and improved data collection systems.
• Working to improve reporting systems to support additional disclosures in the future.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct Policy Statement

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Extreme heat
• Limited water availability

Transition Risks

• Regulatory changes
• Carbon taxes
• Increased competition

Opportunities

• Demand for lower-carbon services and products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN Global Compact

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 1, 5, 6, 7, 8, 9, 11, 12, 13, 17

Details in report.

Sustainable Products & Innovation

• Warm-mix asphalt
• Asphalt mixes with recycled plastic and bio-replacement products

Awards & Recognition

• Newsweek America’s Most Responsible Companies (for 2024)
• Solar Power World 2023 Top Solar Contractors List #4
• ENR Magazine Top Contractors Sourcebook (for 2023)