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Granite Construction Inc

Common Name
Granite Construction
Country
United States
Sector
Industrials
Industry
Engineering & Construction
Employees
2,500
Ticker
GVA
Exchange
New York Stock Exchange
Description
Granite Construction Incorporated is a diversified construction and construction materials company focused on delivering infrastructure solutions across the Americas. The company primarily serves the ...

Granite Construction's Climate Target Data Preview

As of 2023, Granite Construction has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Granite Construction's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-25%a
2030
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Verified Sources Behind Granite Construction’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Granite Construction's Sustainability Report 2023

Insights into Granite Construction's Greenhouse Gas Emissions Pathways

As of 2023, Granite Construction has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Granite Construction have a target to reduce the emissions from its operations?

As of 2023, Granite Construction has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Granite Construction's most ambitious operational target is to reduce these emissions by 25% by 2030, compared to a baseline of 211,718 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a

Instead of reducing operational emissions, Granite Construction has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a

Granite Construction's Operational (Scope 1+2) Emissions Pathway

202020232030060 k120 k180 k240 kCurrent (+11%)Target 2030 (-25%)
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