Watsonville, California--(BUSINESS WIRE)--(BUSINESS WIRE)--Today, Granite (NYSE:GVA) released its 2020 Sustainability Report, highlighting the company's environmental, social, and governance ( ESG) progress in planning. The report takes respect, responsibility, and flexibility as its themes, reflecting the company's views on this year, and emphasizing the importance of incorporating sustainable development into business strategies to improve agility and flexibility in the face of complex challenges. The report announced Granite's new sustainable development strategy, which includes greenhouse gas emission reduction targets and a new governance framework to support the implementation of ESG work.

Kyle Larkin, President and CEO of Granite, said: “We are incorporating new sustainability goals and indicators into the company’s strategy to ensure effective implementation throughout the organization.” “Through these goals, we will Reduce our carbon footprint, increase the positive social impact of the communities in which we work, and strengthen our position as a leading provider of sustainable infrastructure solutions."

For the first time, Granite's report meets the standard sustainability reporting framework, including the Global Reporting Initiative, the Sustainability Accounting Standards Board, and the Climate-Related Financial Disclosure Working Group. Granite selected industry-specific indicators that meet the expectations of stakeholders and reflect significant impacts related to its operations. "This is Granite's most comprehensive sustainability report to date," explains Sustainability Director Raven Adams. "It emphasizes priority leadership, and the board of directors has made sustainability a core value and basic concept of our business strategy."

This report is Granite's first progress communication as a participant in the United Nations Global Compact. Granite uses the Sustainable Development Goals (SDG) to inform its reports, strategies and initiatives. In addition to providing the latest progress on the Sustainable Development Goals, the report also reviewed the company’s efforts in key areas, including safety, diversity and inclusion, community involvement, ethics and compliance, and infrastructure investment.

Highlights of the 2020 report include:

Granite is an American infrastructure company™. Founded in 1922, Granite (NYSE: GVA) is one of the largest diversified construction and building materials companies in the United States, and a complete supplier of transportation, water infrastructure and mineral exploration markets. Granite's code of conduct and strong core values ​​guide the company and its employees to adhere to the highest ethical standards. Granite is an industry leader in safety and an award-winning company in terms of quality and sustainability. For more information, please visit graniteconstruction.com and connect with Granite on LinkedIn, Twitter, Facebook and Instagram.

Granite Media Erin Kuhlman-831-768-4111 Investor Xu Wenjun-831-761-7861

Granite Media Erin Kuhlman-831-768-4111 Investor Xu Wenjun-831-761-7861