Gilbane Building Company launches integrated ESG strategy to maximize impact on inclusion, sustainability and more

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NEW YORK, March 24, 2022 /PRNewswire-PRWeb/ — Gilbane Building Company today announced the release of the Gilbane Cares – Our Blueprint for Impact report, which sets concrete environmental, social and governance (ESG) goals and actions for provide a vision and a pathway to long-term impact.

This strategy incorporates six key areas – environmental approaches, inclusion and diversity, community impact, safety and well-being, governance and ethics, and operational excellence – and explores the strategic priorities in each case to provide benchmarks against which the company can be held responsible.

“Our ESG strategy is inspired by the caring and passionate commitment of our people to building more than buildings,” said Thomas M. Laird, Jr., President and CEO of Gilbane Building Company. “We are proud of the efforts we have made throughout our 150-year history, but in line with our culture of continuous improvement, we know we can be and do better. Our ESG platform will guide policy decisions that are integrated into our business strategies and challenge ourselves as an organization to review and improve our opportunities for impact.We believe that ESG is a powerful way for us to connect to the issues that matter to our customers and to support the communities in which we live and work.

Gilbane Building Company ESG Platform
The platform is the result of input from a multitude of Gilbane team members representing a diverse mix of demographics, geographies, positions and perspectives. These individuals participated in sub-committees focused on each main pillar and helped define the following strategies and objectives that inform the company’s ESG priorities:

Environment: Gilbane is dedicated to eliminating waste, reducing pollution, promoting recycling, using reused materials, and increasing energy efficiency in its offices and on its projects to to reduce its carbon footprint. Its environmental objectives include:

  • Achieve carbon neutrality by 2040
  • Send zero waste to landfill by 2040
  • Reduce drinking water consumption by 40% by 2040

Social: Gilbane is committed to inclusive practices that support diversity, equity, inclusion and belonging, promote the safety and well-being of people inside and outside the organization, and leverage resources to impact the community. Efforts include:

Inclusion & Diversity:

  • Ensure leadership commitment and accountability
  • Create a more inclusive work environment
  • Achieve greater workforce diversity

Economic inclusion:

  • Leader in building economic inclusion
  • Focus on removing barriers to underrepresented businesses
  • Generator $4 billion in awards to minority-, women-, disadvantaged- and veteran-owned businesses over the next five years

Safety and well-being:

  • Empowering individuals to take care of their own mental health and well-being
  • Awareness of available mental health resources
  • Promoting inclusion as a cornerstone of safety

Impact on the community:

  • Drive community impact through volunteerism, community engagement and philanthropy
  • Create a community impact program
  • Establish strategic areas of community impact to leverage the impact of Gilbane as a whole

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

Governance and Operational Excellence:

  • Advancing Gilbane’s ethical culture
  • Improved compliance with standard execution items across all projects
  • Ensure clear and consistent communications around major initiatives
  • Support the engagement and development of our employees
  • Improving Gilbane’s culture of innovation

To read the full 2021 ESG report, go to https://info.gilbaneco.com/gilbane-esg-report

About Gilbane Building Company
Gilbane provides a full range of construction and facilities related services – from pre-construction planning and integrated consultancy capabilities to comprehensive construction management, general contracting, design-build and contract management services. facilities – for customers in various markets. Founded in 1870 and still a privately owned family business, Gilbane has over 45 offices worldwide. For more information, visit http://www.gilbaneco.com.

Media Contact

Lynn RasicGilbane Building Company, 2128220319, [email protected]

SOURCE Gilbane Building Company

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