Granite Construction Inc

Common Name
Granite Construction
Country
United States
Sector
Industrials
Industry
Engineering & Construction
Employees
2,300
Ticker
GVA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Granite Construction Inc. is a diversified heavy civil construction, infrastructure, and environmental services company. Established in 1922, the company primarily undertakes large-scale public and pr...

Granite Construction's GHG Emissions Data Preview

In 2023, Granite Construction completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Granite Construction has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Granite Construction's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Granite Construction amounted to 233,728 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Granite Construction increased by 9.03%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Granite Construction's Scope 1 Emissions Over Time

2020202120222023055 k110 k165 k220 ktCO2e-2%-8%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Granite Construction's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Granite Construction were 210,123 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Granite Construction reduced its Scope 1 emissions over time?

Since 2020, Granite Construction's Scope 1 emissions have remained relatively, stable, indicating that Granite Construction's emissions have plateaued with no significant change in its operational footprint.

Compared to the previous year (2022), Granite Construction's Scope 1 emissions increased by 9.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Granite Construction's Scope 2 emissions?

In 2023, Granite Construction reported Scope 2 greenhouse gas (GHG) emissions of 23,605 tCOâ‚‚e without specifying the calculation method.

Has Granite Construction reduced its Scope 2 emissions over time?

Since 2020, Granite Construction's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Granite Construction 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Granite Construction's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Granite Construction 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Granite Construction use for Scope 2 reporting?

In 2023, Granite Construction reported its Scope 2 emissions using an unspecified methodology.

Granite Construction's Scope 2 Emissions Over Time

202020212022202306.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Granite Construction's Value Chain Emissions

In 2023, Granite Construction reported 80,909 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Granite Construction includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Granite Construction's Scope 3 Emissions Over Time

2020202120222023025 k50 k75 k100 ktCO2e+20%+12%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Granite Construction's Scope 3 emissions?

In 2023, Granite Construction reported total Scope 3 emissions of 80,909 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Granite Construction reduced its Scope 3 emissions over time?

Since 2020, Granite Construction's Scope 3 emissions have increased by 32.07%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Granite Construction's Scope 3 emissions remained relatively stable, indicating that Granite Construction 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Granite Construction disclose?

In 2023, Granite Construction reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Granite Construction's Scope 3 emissions?

In 2023, the largest contributors to Granite Construction's Scope 3 emissions were:

  • Business Travel (Cat. 6): 80,909 tCOâ‚‚e (100%)

Granite Construction's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Granite Construction's Total Carbon Footprint

In 2023, Granite Construction reported a total carbon footprint of 314,637 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.18% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Granite Construction's total carbon footprint was Scope 1 emissions, accounting for 66.78% of the company's total carbon footprint, followed by Scope 3 emissions at 25.72%.

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