Balfour Beatty US is an industry-leading provider of general contracting, at-risk construction management and design-build services for public and private sector clients across the nation. Performing heavy civil and vertical construction, our teams build the unique structures and infrastructure that play an important role in how people live, work, learn and play in our communities. Our teammates have an instinctive passion to innovate that is fueled by a relentless curiosity, a drive to employ Lean practices and processes and the determination to find a better way. Consistently ranked among the nation’s largest building contractors, by Engineering News-Record, our US business is a subsidiary of London-based Balfour Beatty plc (LSE: BBY).
Balfour Beatty US
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3.1
Overall Excellence Rating
Industry
ConstructionCategory
Construction ManagementESG/Ethical Impact
When assessing joint ventures for operational control, strategic business units should consult with the most senior relevant Balfour Beatty Joint venture partner. There may already be contractual agreements in place for how joint ventures should report sustainability data. To avoid double counting, these requirements should be followed and evidence records should be stored locally. The purpose of this document is to set out the Balfour Beatty Group sustainability reporting criteria and associated evidence requirements to support all strategic business units (SBU’s) to develop their own sustainability reporting inventory. It is intended to provide consistency and standardisation allowing for comparability across the Group and to track performance against the Group’s sustainability ambitions and targets year on year. Furthermore, each strategic business’ sustainability inventory will act as the primary tool for prioritising targeted reduction and or improvement initiatives relevant to its own operational activities. Note that not all sustainability criteria defined in this document will apply to all businesses. Individual businesses are expected to identify which reporting indicators are relevant to their operational activities, client requirements, and sector and report relevant data accordingly. Businesses may identify other relevant sustainability criteria not outlined in this document and should report these to management the strategic business unit level. Balfour Beatty operates in three principal geographies – the United Kingdom & Ireland, the United States, and Hong Kong. Some strategic businesses operating in these principal geographies have smaller operations in other countries including China, India, Singapore, Malaysia and Sri Lanka. Sustainability data from all operations across all locations should be reported, unless otherwise agreed with the Sustainability Leadership. Balfour Beatty’s strategic businesses and associated operations vary in legal and organisational structure. They include a mix of wholly owned operations, incorporated and unincorporated joint ventures, joint operations, subsidiaries, and concessions. A materiality-based approach is taken when assessing entity level assignment of GHG emissions and is based on where the majority of these emissions are incurred across Scope 1 and 2 or Scope 3.Due to the complex nature of how the construction industry operates each entity type and associated projects will have a combination of reporting accountabilities based on contractual obligations. It is therefore imperative that each strategic business assesses obligations at the JV, JO, framework and or project level to ensure all relevant sustainability data is captured and reported. It is accepted that a company can report sustainability data based on two accounting approaches – the control approach or the equity share approach. The control approach is further split into operational control or financial control. Balfour Beatty Group adopts the operational control approach.
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Awards Received
2023
Revenues
$2,400,000,000.00
Website Traffic
Employee Rating
3.9
Customer Rating
3.6
Company Size
1000-5000
ESG Risk Rating
2
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