Gilbane Building Company Launches Integrated ESG Strategy To Maximize Impact In Inclusion, Sustainability & More

Gilbane's Environmental, Social, and Governance (ESG) Platform Will Drive Corporate Strategies and Goals

NEW YORK (PRWEB) March 24, 2022

Gilbane Building Company today announced the release of the Gilbane Cares Report – Our Blueprint for Impact, which lays out concrete environmental, social, and governance (ESG) objectives and actions to provide a vision for and pathway to meaningful impact over the long term.

This strategy integrates six key focus areas – environmental approaches, inclusion and diversity, community impact, safety and wellbeing, governance and ethics, and operational excellence – and explores strategic priorities in each case to provide benchmarks against which the company can hold itself accountable.

"Our ESG strategy is inspired by the caring and passionate commitment of our people to build more than buildings," said Thomas M. Laird, Jr., President and CEO of Gilbane Building Company. "We are proud of the efforts we've made throughout our 150-year history, but in keeping with our culture of continuous improvement, we know we can be and do better. Our ESG platform will drive policy decisions that are embedded in our business strategies and challenge us as an organization to examine and improve our opportunity for impact. We believe that ESG is a powerful way for us to connect with the issues our clients care about and to support the communities in which we live and work."    

Gilbane Building Company's ESG Platform
The platform is the result of participation from a multitude of Gilbane team members representing a diverse mix of demographics, geographies, positions, and perspectives. These individuals participated on subcommittees focused on each primary pillar, and helped outline the following strategies and goals that inform the company's ESG priorities:

Environmental: Gilbane is dedicated to eliminating waste, reducing pollution, promoting recycling, utilizing re-purposed materials, and increasing energy efficiency in its offices and on its projects to reduce its carbon footprint. Its environmental goals include:

• Reaching carbon neutrality by 2040
• Sending zero waste to landfills by 2040
• Reducing potable water use by 40% by 2040

Social: Gilbane is committed to inclusionary practices that support diversity, equity, inclusion, and belonging, promoting the safety and wellbeing of those both inside and outside the organization, and leveraging resources to drive community impact. Efforts include:

Inclusion & Diversity:

• Ensuring leadership commitment and accountability
• Creating a more inclusive work environment
• Achieving greater workforce diversity

Economic Inclusion:

• Leading in building economic inclusion
• Focusing on breaking down barriers to under-represented businesses
• Generating $4 billion in awards to minority-, women-, disadvantaged-, and veteran-owned businesses over the next five years

Safety and Wellbeing:

• Empowering individuals to care for their own mental health and wellbeing
• Raising awareness about available mental health resources
• Promoting inclusion as a cornerstone for safety

Community Impact:

• Driving community impact through volunteering, community engagement, and philanthropy
• Creating a Community Impact Program
• Establishing strategic community impact focus areas to leverage Gilbane's impact as a whole

Governance: Gilbane's strong commitment to governance helps ensure the highest business standards possible. Priorities include:

Governance and Operational Excellence:

• Advancing Gilbane's ethics culture
• Enhancing compliance with standard execution elements across all projects
• Ensuring clear and consistent communications surrounding major initiatives
• Supporting the engagement and development of our people
• Enhancing Gilbane's innovation culture

To read the complete 2021 ESG Report, visit https://info.gilbaneco.com/gilbane-esg-report

About Gilbane Building Company
Gilbane provides a full slate of construction and facilities-related services – from pre-construction planning and integrated consulting capabilities to comprehensive construction management, general contracting, design-build, and facility management services – for clients across various markets. Founded in 1870 and still a privately held, family-owned company, Gilbane has more than 45 office locations worldwide. For more information, visit http://www.gilbaneco.com.

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