Granite Publishes Annual Sustainability Report
01 May 2024 - 10:30PM
Business Wire
On May 1, 2024 Granite (NYSE:GVA) published its 2023
Sustainability Report, highlighting the company’s efforts to create
enduring value through social responsibility, environmental
stewardship, and dependable governance. “At Granite, our mission is
to provide infrastructure solutions that support more prosperous
and resilient communities,” said Granite President and Chief
Executive Officer Kyle Larkin. “We don’t just recognize our
responsibility to contribute to a more sustainable future—we
embrace sustainability as a core value, a key component of our
business strategy, and a value driver.”
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As a member of the United Nations Global Compact, Granite
utilizes the Sustainable Development Goals (SDGs) to inform its
reporting, strategy, and initiatives. The report is aligned with
standard sustainability reporting frameworks, including the Global
Reporting Initiative, the Sustainability Accounting Standards
Board, and the Task Force on Climate-related Financial Disclosures.
Granite has selected industry-specific metrics that align with
stakeholder expectations and reflect material impacts relevant to
its operations.
“The theme of this Sustainability Report—Partnering for
Impact—emphasizes that challenges like achieving net zero emissions
and developing circular economies cannot be solved in isolation—we
must work together, across organizational boundaries and economic
sectors, to achieve the SDGs,” explained Sustainability Lead Raven
Adams. “This report reflects our focus on developing strategic
partnerships with clients, industry groups, suppliers, and
community organizations to advance shared sustainability
goals.”
In addition to providing progress updates on sustainability
objectives, the report reviews the company’s efforts in key areas,
including safety, inclusive diversity, ethics and compliance,
climate and energy, and waste management. Highlights from the 2023
report include:
- Safety record reflecting the safest year in Granite’s
history
- Recognition by Newsweek as one of America’s Most Responsible
Companies for 2024
- Assessment of Granite’s carbon footprint and progress on
emissions reduction targets
- Commitment of $22 million companywide to improve energy
efficiency at materials facilities
- Diamond Achievement Sustainable Commendations from the National
Asphalt Paving Association (NAPA) received by 32 asphalt
plants
- Partnership highlights on initiatives ranging from charitable
partnerships to create career opportunities for underserved youth,
to value chain partnerships that reduce waste and improve
circularity for construction materials
About Granite
Granite is America’s Infrastructure Company™. Incorporated since
1922, Granite (NYSE:GVA) is one of the largest diversified
construction and construction materials companies in the United
States as well as a full-suite civil construction provider.
Granite’s Code of Conduct and strong Core Values guide the Company
and its employees to uphold the highest ethical standards. Granite
is an industry leader in safety and an award-winning firm in
quality and sustainability. For more information, visit the Granite
website, graniteconstruction.com, and connect with Granite on
LinkedIn, X, Facebook, and Instagram.
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Granite
Media Erin Kuhlman 831-768-4111
Investors Wenjun Xu - 831-761-7861
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