WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE:GVA) announced today that they have been named to the Forbes list of 100 Most Trustworthy Companies in America for the third consecutive year.
“We are honored to once again be recognized as one of the most trustworthy companies in America,” said Granite President and Chief Executive Officer, James H. Roberts. “We owe this recognition to our employees who are the heart and soul of our company and to our Code of Conduct which encompasses the values that have been and will continue to be vital to our success.”
Granite is among only 18 companies operating in the U.S. that have the distinction of having made the list several times in the past few years – displaying a consistent level of trustworthiness.
To create this list, MSCI ESG Research screened 2,300 publicly-traded U.S. companies to identify the 100 of those based on the strength of those companies’ AGR ratings — “Accounting and Governance Risk” — the composite scores by which organizations are judged. Factors considered include high risk behaviors like regulatory actions, amended filings, revenue and expense recognition methods, and bankruptcy risk. Companies are scored on a 1 to 100 point scale, with 70 being the lowest score to appear on this year’s list.
For the complete list and methodology, visit Forbes.com.
Through its offices and subsidiaries nationwide, Granite Construction Incorporated (NYSE:GVA) is one of the nation’s largest infrastructure contractors and construction materials producers. Granite specializes in complex infrastructure projects, including transportation, industrial and federal contracting, and is a proven leader in alternative procurement project delivery. Granite is an award-winning firm in safety, quality and environmental stewardship, and has been honored as one of the World’s Most Ethical Companies by Ethisphere Institute for eight consecutive years. Granite is listed on the New York Stock Exchange and is part of the S&P MidCap 400 Index, the MSCI KLD 400 Social Index and the Russell 2000 Index. For more information, visit graniteconstruction.com.