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 2024, 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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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Granite Construction’s Greenhouse Gas (GHG) Emissions 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. Explore Granite Construction’s data sources below and access millions more through our Disclosure Search.

a. Granite Construction's Sustainability Report 2024
a. Granite Construction's Sustainability Report 2024
b. Granite Construction's Sustainability Report 2023
b. Granite Construction's Sustainability Report 2023

Insights into Granite Construction's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Granite Construction amounted to 250,856 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Granite Construction decreased by 7.47%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Granite Construction's Scope 1 Emissions Over Time

20202021202220232024065 k130 k195 k260 ktCO2e+1%0%+15%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Granite Construction's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Granite Construction were 229,298 metric tons of CO₂ equivalent (tCO₂e). a

Has Granite Construction reduced its Scope 1 emissions over time?

Since 2020, Granite Construction's Scope 1 emissions have increased by 8.3%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Granite Construction's Scope 1 emissions decreased by 7.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Granite Construction's Scope 2 emissions?

In 2024, Granite Construction reported Scope 2 greenhouse gas (GHG) emissions of 21,558 tCO₂e without specifying the calculation method. a

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. a b

Compared to the previous year (2023), 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. a

What methodology does Granite Construction use for Scope 2 reporting?

In 2024, Granite Construction reported its Scope 2 emissions using an unspecified methodology. a

Granite Construction's Scope 2 Emissions Over Time

2020202120222023202406.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Granite Construction's Value Chain Emissions

In 2024, Granite Construction reported 22,041 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Granite Construction's Scope 3 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e+20%-70%-1%0%
  • Total Scope 3
  • Year-over-Year Change

What are Granite Construction's Scope 3 emissions?

In 2024, Granite Construction reported total Scope 3 emissions of 22,041 metric tons of CO₂ equivalent (tCO₂e). a

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. a

Has Granite Construction reduced its Scope 3 emissions over time?

Since 2020, Granite Construction's Scope 3 emissions have decreased by 64.02%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), 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. a

What categories of Scope 3 emissions does Granite Construction disclose?

In 2024, Granite Construction reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Granite Construction's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 22,041 tCO₂e (100%)

Granite Construction's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Granite Construction’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Granite Construction reported Scope 1 greenhouse gas (GHG) emissions of 229,298 tCO₂e and total revenues of USD 4,008 millions. This translates into an emissions intensity of 57.22 tCO₂e per millions USD. a

Granite Construction's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,00050,000Revenues (Millions of USD)EMKBRYear: 2023Scope 1: 5,746 tCO2eRevenue: $M 6,956Scope 1 Intensity: 0.83 tCO2e/$MJacobs SolutionsYear: 2023Scope 1: 16,512 tCO2eRevenue: $M 10,852Scope 1 Intensity: 1.52 tCO2e/$MFluorYear: 2024Scope 1: 6,420 tCO2eRevenue: $M 16,315Scope 1 Intensity: 0.39 tCO2e/$MTetra TechYear: 2024Scope 1: 10,300 tCO2eRevenue: $M 5,199Scope 1 Intensity: 1.98 tCO2e/$MAECOMYear: 2024Scope 1: 29,072 tCO2eRevenue: $M 16,105Scope 1 Intensity: 1.81 tCO2e/$MComfort Systems USAYear: 2024Scope 1: 74,122 tCO2eRevenue: $M 7,027Scope 1 Intensity: 10.55 tCO2e/$MEEEverus Construction GroupYear: 2024Scope 1: 53,350 tCO2eRevenue: $M 2,850Scope 1 Intensity: 18.72 tCO2e/$MDycom IndustriesYear: 2024Scope 1: 190,716 tCO2eRevenue: $M 4,702Scope 1 Intensity: 40.56 tCO2e/$MEMCOR GroupYear: 2023Scope 1: 176,705 tCO2eRevenue: $M 12,583Scope 1 Intensity: 14.04 tCO2e/$MStandardAeroYear: 2024Scope 1: 44,332 tCO2eRevenue: $M 5,237Scope 1 Intensity: 8.46 tCO2e/$MArcosaYear: 2024Scope 1: 462,949 tCO2eRevenue: $M 2,570Scope 1 Intensity: 180.14 tCO2e/$MLandstar SystemYear: 2024Scope 1: 205 tCO2eRevenue: $M 4,824Scope 1 Intensity: 0.04 tCO2e/$MQuanta ServicesYear: 2023Scope 1: 984,498 tCO2eRevenue: $M 20,882Scope 1 Intensity: 47.15 tCO2e/$MFortune Brands InnovationsYear: 2024Scope 1: 20,924 tCO2eRevenue: $M 4,609Scope 1 Intensity: 4.54 tCO2e/$MGenerac HoldingsYear: 2024Scope 1: 30,367 tCO2eRevenue: $M 4,296Scope 1 Intensity: 7.07 tCO2e/$MMaximusYear: 2023Scope 1: 1,695 tCO2eRevenue: $M 4,905Scope 1 Intensity: 0.35 tCO2e/$MBrinksYear: 2024Scope 1: 279,305 tCO2eRevenue: $M 5,012Scope 1 Intensity: 55.73 tCO2e/$MMMMYR GroupYear: 2024Scope 1: 74,362 tCO2eRevenue: $M 3,362Scope 1 Intensity: 22.12 tCO2e/$MSiteOne Landscape SupplyYear: 2023Scope 1: 76,326 tCO2eRevenue: $M 4,301Scope 1 Intensity: 17.75 tCO2e/$MOwens CorningYear: 2024Scope 1: 1,662,166 tCO2eRevenue: $M 10,975Scope 1 Intensity: 151.45 tCO2e/$MTopBuildYear: 2024Scope 1: 133,512 tCO2eRevenue: $M 5,330Scope 1 Intensity: 25.05 tCO2e/$MOshkoshYear: 2024Scope 1: 70,000 tCO2eRevenue: $M 10,730Scope 1 Intensity: 6.52 tCO2e/$MApplied Industrial TechnologiesYear: 2025Scope 1: 32,283 tCO2eRevenue: $M 4,563Scope 1 Intensity: 7.07 tCO2e/$MBooz Allen Hamilton HoldingYear: 2025Scope 1: 1,592 tCO2eRevenue: $M 11,979Scope 1 Intensity: 0.13 tCO2e/$MGranite ConstructionYear: 2024Scope 1: 229,298 tCO2eRevenue: $M 4,008Scope 1 Intensity: 57.22 tCO2e/$M

How does Granite Construction's GHG emissions intensity compare to its peers?

In 2024, Granite Construction reported a Scope 1 emissions intensity of 57.22 tCO₂e per millions USD. Compared to the peer group median of 7.77 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Granite Construction rank on GHG emissions intensity within its industry?

In 2024, Granite Construction ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Granite Construction among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Granite Construction's Total Carbon Footprint

In 2024, Granite Construction reported a total carbon footprint of 272,897 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.92% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Granite Construction's total carbon footprint was Scope 1 emissions, accounting for 84.02% of the company's total carbon footprint, followed by Scope 3 emissions at 8.08%. a

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