2023 Swinerton Sustainability Report

2023 Sustainability Report

Publication Date: May 31, 2024

About This Report

Swinerton’s 2023 Sustainability Report covers the calendar year ending on December 31, 2023. It marks our second year of aligning our sustainability report to the Global Reporting Initiative (GRI) reporting framework and reflects our efforts to adopt best practices for reporting economic, environmental, and social management. The GRI Standards Content Index can be found in the appendix.

Swinerton’s sustainability reporting occurs on an annual basis. Previous reports can be found on the company website.

In this report, we provide an overview of the company, our people, our approach to sustainability, our governance structure, our community impact programs, and our environmental performance within the diverse environments in which we operate.

The information and data in this report were compiled and reviewed for accuracy by our Corporate Responsibility Department and this report was reviewed by Swinerton management and the Board’s Corporate Responsibility Committee.

To ask questions or learn more about Swinerton and our sustainability work, please contact us at corporateresponsibility@swinerton.com.

How to use: Click the headings or page numbers below, or buttons above to navigate quickly to a specific page or section. Click the Swinerton logo in the top right corner to return to this Table of Contents page.

Letter from the CEO

Swinerton’s future is brimming with potential. Throughout our rich history, we have lent our expertise and passion to numerous landmark projects throughout the country. Along the way, we have forged trusted relationships with our clients and industry partners and defined what it means to take ownership of our work, our company, and our culture. Much like our industry, Swinerton has evolved greatly since our inception. We take great pride in our strength and adaptability as an organization, reflected by our commitment to being welldiversified across a spectrum of markets and our dedication to sustainability and corporate responsibility.

Over the past five years, Eric Foster’s leadership guided us through the challenges of keeping our teams safe during a global pandemic and spearheading the launch of the Corporate Responsibility department. We have brought phenomenal expertise to our organization, including the growth of our environmental sustainability team, which helps enhance our operations and empowers teams to improve sustainability outcomes on projects. The investment in the department demonstrates how integral corporate responsibility is to our future as a company.

Swinerton’s commitment to implementing and promoting sustainable practices considers not only the health and success of the natural environment—but also our company, our work, our local communities, and our future opportunities. In 2023, we adopted a new Environmental Sustainability Policy, which provides a roadmap to improve our sustainability practices and reduce our overall footprint. We continue to grow Timberlab, our mass timber EPC company, and invest in developing our supply and manufacturing capabilities, in the quest to allow our clients to build a sustainable building at a competitive price point.

We are beginning a new chapter in our March to 2030—our vision of the organization we strive to be. The tenets of the March to 2030 guide our decisions every day and will expand to include actionable strategies we can employ to achieve our goals and set ourselves up for success in the next 135 years. In this coming year, we will continue our focus on implementing comprehensive sustainability strategies that touch every corner of our operations and will report on our progress annually in our Sustainability Report.

As I enter my new role as Chief Executive Officer, I am inspired by the passion of our people and the excellence we show on our projects. We are bringing innovative solutions to our clients, pioneering new markets, and leading the way in corporate responsibility. I am so excited for this next step in our journey. Our future has never looked brighter.

Dave Callis

Dave Callis, CEO

1st

About Swinerton

We’ve been building America for over 135 years. In 1888, Charles Lindgren established a brick masonry and contracting business and laid the strong foundation on which Swinerton proudly stands today. Over the last century, the company has grown into a national construction firm providing industry-leading commercial construction, construction management, design-build, and self-perform trade services.

As a 100% employee-owned company, we take personal accountability for cultivating safe, inclusive workplace and jobsite cultures where our people feel empowered to grow professionally and perform their best work. We recognize that construction also impacts the environment and local neighborhoods—and we take responsibility to ensure these impacts are positive by developing thoughtful sustainability strategies for our projects, engaging small and diverse businesses, and investing in local workforce development initiatives.

Our efforts underpin our drive to be responsible corporate citizens and achieve operational excellence. We are proud of our history, and even prouder to continue our journey to measurably improve the social, economic, and environmental well-being of the communities in which we live and work.

With our culture of collaboration and ownership, we work toward a common purpose: to be the preferred builder and trusted partner in every market we serve, proudly leading with integrity, passion, and excellence.

Financial Strength

In 2023, Swinerton’s overall revenues were $4.2 billion. This accomplishment was made possible through sales exceeding $6.5 billion, resulting in a backlog of more than $5.2 billion within all our core markets across the United States. Our robust financial performance reflects the collective resilience and brilliance of our team, each of whom helps write the narrative of our successes. It also represents the strength of the Swinerton brand, solidifying our position to provide an incredible client experience.

* In December 2021, Swinerton sold its Operations and Maintenance (O&M) and Renewable Energy (EPC) business lines to a third party. The financial results for 2020-2021 have been adjusted for Discontinued Operations.

We continue to steadily grow our services across diverse markets. We are excited to introduce Swinerton Energy, a subsidiary of Swinerton Incorporated, which will provide engineering, procurement, and construction services (EPC) for industrial projects nationwide, specializing in a diverse range of projects from clean energy generation to industrial process facilities. We also continue to expand Timberlab’s geographic footprint and further extend its reputation as the nation’s premier mass timber EPC company.

Innovation

Innovation at Swinerton supports a culture of change makers. While new technology and investments are intended to have a positive financial return, the human element cannot be ignored. Our efforts to embrace and adapt to new technology include our company-wide innovation challenges, providing education for field teams on new technology, and focusing on equity in new technology adoption. By working closely with those in the field and creating open calls for ideas, innovation at Swinerton is helping to make our operations safer, more transparent, and accessible to a more diverse set of practitioners. Leading with the best modern construction methods is one of the ways we support a changing workforce, reduce our environmental footprint, and sustain our legacy of employee ownership.

Advancements In Innovation This Year

• Found new forming methods for shotcrete walls to improve safety and reduce formwork material consumption.

• Developed concrete scanning in real time to reduce defects and destructive corrections.

• Adopted new tools for drone operations to make inspections and monitoring safer and more accurate.

• Identified new tracking tools for inventory and shipping that reduce the need for additional travel, reduce waste, and prevent costly delays.

• Developed ethical policies for Generative AI tools.

In 2023, we began to operationalize our use of robotics by increasing the use of layout printing tools and introducing robots for overhead drilling. These robots function as another tool in the toolbox to increase productivity while achieving digital accuracy. Robotic layout printing has been successful this year because of the thoughtful and inclusive approach our teams have taken in its implementation.

Sustainability Governance

Swinerton has a strong and robust governance structure across our family of companies. Sustainability is central to our company vision and operations, and we have designed sustainability governance to ensure that all aspects of our environmental, social, and governance (ESG) strategy aligns with our sustainability aspirations and commitment as a responsible company.

ESG governance is supported and complemented by a suite of global and building-specific policies relating to health and safety, diversity, equity, and inclusion (DEI), modern slavery, anti-corruption, and environmental management. Our updated Environmental Sustainability Policy was launched in 2023 and can be found on our website.

The policy and associated ESG governance are enacted through our network of Environmental Stewards, Community Ambassadors, and Community Relations Liaisons. These groups have representation from each Swinerton division and office, to support the implementation of more sustainable practices in our operations.

The Corporate Responsibility Committee is comprised of representatives from the Executive Committee and corporate departments, including corporate affairs, human resources, corporate responsibility, legal, financial management, talent development, field talent management, and operations. The Committee provides oversight of all aspects of the company's ESG programming. The Committee also reviews and approves the annual reporting of sustainability progress. The Committee meets quarterly.

The Corporate Responsibility department leads the development of our ESG program and roadmap. The department grew its sustainability team in 2023 with the addition of two experts in environmental management, including building emissions and construction waste.

The Swinerton Ethics Line

Swinerton provides a third-party, anonymous, and confidential incident reporting hotline system. This secure service is available 24/7 by phone or website. The ethics line is posted on our website, making it more accessible for employees and business partners. We promote a culture of speaking up, and employees are encouraged to bring concerns forward. No retaliation is permitted for raising an issue and/or asking for assistance. In 2023, 18 issues were received. Five were from external parties and 12 issues have been closed. Topics were primarily related to issues on jobsites.

Materiality Assessment

In 2022, we commissioned a third-party consultancy to perform a materiality assessment to help inform our sustainability roadmap, by identifying high-priority sustainability issues requiring our immediate and focused attention. The materiality assessment informs the development of Swinerton’s sustainability strategy and is shaping the target areas for action in the immediate future.

We continue to engage internal and external stakeholders on the 12 material issues identified from the assessment as high importance: Materials, Greenhouse Gas Emissions, Waste, Sustainable Design, Occupational Health and Safety, Employee Engagement, Product Safety and Quality, Diversity, Equity and Inclusion, Business Ethics, Risk Management, Transparency and Reporting.

Key Stakeholders with Whom We Engage on Material Issues:

Employees: Our employee-owners are the key to Swinerton’s success. “Our People” and “Our Communities” sections of this document detail our approach to employee career engagement, health and safety, and engagement with our local communities.

Clients: In addition to partnering with our sustainability-minded clients to build the infrastructure of the future, we increasingly engage with clients on our company’s environmental performance and how that fits within their responsible supply chain and sustainability programs.

Community: Through community impact programs and employee participation efforts, we seek to ensure the local communities in which we work also experience the economic benefit-sharing from our industry, and experience improved livable spaces through the built environment.

Suppliers and Business Partners: By partnering with our business partners and suppliers, we seek to attract and increase young people in the construction trades, increase participation of the local workforce, increase participation of diverse suppliers, and increase awareness of environmental standards performance with our business partners.

Key Steps Taken as a Result of the Materiality Assessment:

• Identified areas of the business accountable for addressing and managing material issues and tracked progress quarterly within the Corporate Responsibility Committee.

• Grew the corporate environmental sustainability team to facilitate the company’s Environmental Management Program.

• Developed and launched Swinerton’s Environmental Sustainability Policy.

• Developed a vision and strategic framework for implementation of our diversity, equity, inclusion and belonging program.

• Launched a data excellence process to develop, track, manage, and report key performance indicators related to our material issues.

• Refreshed objectives and goals of our Business Resource Groups program.

• Reaffirmed our commitment as a major contributor to The Swinerton Foundation and its new strategic mission to develop the construction workforce of the future.

• Continued to align our company philanthropy and volunteerism to our business imperatives and impact focus areas: community resiliency, construction education, construction workforce development, and community support.

2022 Materiality Matrix

Sustainability Roadmap

At Swinerton, we are committed to making a positive impact on our clients, in the communities where we work, and with the business partners who join our projects by delivering sustainable solutions in all that we do. To advance this goal, in 2023 we developed a vision for our sustainability program: to be recognized as a leader in the AEC industry, with socially and environmentally responsible practices that bring about a net positive impact on our communities, and enable our strategic priorities and sustained business success.

Under the leadership of the Corporate Responsibility Committee, an environmental sustainability strategy was developed to guide the company in environmentally responsible operations, scale sustainable practices and solutions with our clients, and advance opportunities for increasing our positive impact on local communities. As part of that strategy, Swinerton is also committed to sustainable market transformation by continuing to invest in the development and scaling of more environmentally friendly materials, such as mass timber.

The environmental sustainability strategy includes a three-year roadmap prioritizing the tracking and reporting of greenhouse gas emissions and waste, while also incorporating programming for water management, sustainable materials selection, and wellness measures on jobsites. Data from the first steps of tracking waste are reported in “Our Environment” section of this document.

As part of our commitment to positive social impact and economic benefit sharing, we continue to develop strategies for our diversity, equity, inclusion and belonging program, as detailed in the “Our People” section of this document. Across the company, we have laid out participation goals for the diverse business partners on our projects and impact goals related to community involvement, both detailed in “Our Communities” section.

As we align the roadmap across the many facets of our business, we aim to report on the annual plan and associated key goals in the 2024 Sustainability Report.

UN Sustainable Development Goals

The United Nations Sustainable Development Goals (SDGs) are a call to action for all countries to pursue sustainable development in a global partnership. The seventeen SDGs highlight a roadmap for an ambitious 2030 Agenda—one that we believe aligns with our March to 2030 and our tenet to be an industry leader in corporate responsibility.

As a member of the UN Global Compact since 2017, we are committed to driving global sustainable development and contributing to SDGs principles in the strategy, culture, and day-to-day operations of Swinerton.

As a builder, we have identified four priority SDGs in which we aim to continually improve our performance and to work towards in our contributions:

Every year, we publicly report on our progress towards these goals in our Global Compact Communication on Progress in each of the four-issue areas: human rights, labor, environment, and anti-corruption.

UN Sustainable Development Goals

SDG Our Tactics and Commitments

Partner with organizations which are working to address the skilled labor gap.

Offer financial support for education and skills-building programs.

Promote equity and equality in construction education.

Promote development-oriented policies that support decent job creation and encourage the formalization and growth of small-sized enterprises.

Reduce the proportion of youth not in employment, education, or training.

Our Goals

Provide free STEM and vocational education resources to middle school students.

Our Progress in 2023

Hosted and attended numerous career fairs and events, including a skills labs career exploration in partnership with Mercy Housing in Denver, CO, with over 20 Mercy Housing youth residents grades 6-12.

Donated $120,000+ to construction education and workforce development programs and events.

Mentored students at nine SkillsUSA partner schools throughout the country.

Award at least 20% of our subcontracting and supplier volume to small, minority, women, LGBTQ+, veteran, and disabled veteran business enterprises in all our purchasing and contract business.

Hire graduates of pre-apprenticeship training and education programs.

Assist public and private sector, as well as nonprofits, with building adequate, safe, and affordable housing.

Strengthen national and regional development planning.

Provide reduced-cost services to build transitional housing communities for unhoused individuals..

Provide free home repairs to seniors and persons living with disabilities.

Promote the implementation of sustainable management of forests, ensure the restoration of degraded forests, and increase reforestation globally.

Advance the development of more sustainable materials, products, and processes in the construction industry, helping clients meet their resiliency goals by incorporating less impactful materials in early project visioning, including mass timber, alternative energy and biogas, and modular or prefabricated construction.

Reduce consumption of natural resources by assessing, tracking, setting targets, and reducing carbon emissions, water use, and waste.

Expand green service offerings to clients.

Develop an environmental management program for our operations.

Achieved 23% in diverse business spend, resulting in $635 million supporting small and diverse business enterprises.

Hired two SkillsUSA graduates and three winners of The Swinerton Foundation’s Tony Williamson Scholarship were placed on Swinerton construction projects as apprentices in the Bay Area.

Completed the Dignity Village project in Alameda, CA with DignityMoves, which provided interim supportive housing units for 61 individuals experiencing homelessness, including five units for transitional-age youth.

Completed nine volunteer projects with Rebuilding Together affiliates across the country.

Swinerton employees, with matching gifts from the company, donated over $70,000 to the Hawai’i Community Foundation’s disaster response fund for the victims of the Maui wildfires.

Published Swinerton's Environmental Sustainability Policy with a focus on: responsible procurement and market transformation, resource efficiency and biodiversity, and including sustainable design.

Hosted a LEED© training series for 70 Project Engineers to build green skills in our workforce.

Began tracking energy, waste, and water in all corporate buildings.

Completed a waste baseline of all corporate buildings.

Introduced Swinerton Energy, a subsidiary of Swinerton Incorporated, which will provide engineering, procurement, and construction services (EPC) for industrial projects nationwide, specializing in a diverse range of projects from clean energy generation to industrial process facilities.

Relaunched our Environmental Stewards to implement more sustainable practices in our operations.

Corporate Citizenship

At Swinerton, we understand and prioritize the importance of responsible corporate citizenship. We aim to promote best practices through participation in and support of organizations that share our values.

Swinerton is also a corporate member of national associations and chambers of commerce dedicated to advancing diverse business partners, listed in the Outreach section of this document.

Best-In-Class

#8 Green Building Contractor

2023 Top 100 Green Building Contractors List, Engineering News-Record (ENR)

#29 Top Contractor

2023 Top 400 List, ENR

#15 Top Contractor

2023 Top 100 Contractors by New Contracts List, ENR

Project Awards

Best Landscape, Urban Development Category

Awarded by ENR

Presidio Tunnel Tops, San Francisco, CA

Sustainable Innovation Award, Equity & Environmental Justice Category

Awarded by US Green Building Council

Weingart 11010 Santa Monica Boulevard Affordable Housing Development, Los Angeles, CA

Project Excellence Award, Small Project Category

Awarded by Coasts, Oceans, Ports, and Rivers Institute Fire Station 35, San Francisco, CA

Sustainability Award

Awarded by San Diego Business Journal Commercial Real Estate Awards 2023 4930 Directors Place, San Diego, CA

Award of Merit, Airport/Transit Category

Awarded by ENR Mountain States

DEN Southwest Airlines Technical Operations Center, Denver, CO

Award of Merit, Airport/Transit Category

Awarded by ENR Mountain States

Southwest Airlines DEN RON Hangar, Denver, CO

Best Interior/Tenant Improvement

Awarded by ENR Northwest

ON AG Headquarters, Portland, OR

Presidio Tunnel Tops, San Francisco, CA

DEN Southwest Airlines Technical Operations Center, Denver, CO

Our People

Talent First

At Swinerton, we believe that every employee should be empowered to do the most brilliant work of their career. When our employees thrive as individuals, we thrive as a company. As Swinerton continues to expand into new markets as a nationally recognized General Contractor, our mission is to be recognized for having the best people and culture in the industry.

To enable a dedicated focus on our people, Swinerton created the Talent First team to support every aspect of our employees’ experience. The Talent First department is positioning itself to strategically build partnerships, create best-in-class talent development programs, and establish a Talent Solutions team to address the growing need to streamline employee processes.

National Talent Partner Team

To support this goal, we have built out a national talent team of Strategic Talent Partners and Field Talent Partners to work with our regional leadership teams to build strategies around:

• Workforce and Succession Planning: Strategic talent planning to meet current and future business needs.

• Performance Management and Employee Development: Optimize employee performance through continuous feedback, goal setting, and upskilling of the current workforce.

• Employee Engagement and Retention: Build the best people and culture where employees can make an impact and grow their career.

• Employee Experience: Deliver innovative talent solutions that accelerate differentiating results for the employee experience.

Employee Experience and Career Development

As our employees develop their careers, we work to equip them with the tools and resources to take ownership of their development. To develop our employees, local Talent Partners work with business leaders to develop Individual Development Plans to strengthen leadership teams.

Career Blueprint and Job Description Update

The Career Blueprint is a resource for employees to grow and develop their careers and is intended to be used as a guide for employee development conversations. In 2023, the company rolled out a national project with updated job descriptions that outline the current technical competencies required to perform roles and responsibilities.

Manager Effectiveness

Manager Effectiveness Surveys were launched in 2023 with 78% national completion. The purpose of the Manager Effectiveness survey is to:

• Provide managers with real-time feedback on how to improve employee experience.

• Equip managers with simple tools that will make work better for employees.

Results showed great progress in improving employee sentiment and resulted in multiple actions and initiatives around employee coaching, targeted development programming, and career pathing opportunities.

Development For Every Phase of Your Career

Recognizing that our success depends on having the right people with the right capabilities, in 2023 we focused on evolving the company’s national development programs, while also launching local training initiatives such as Leader as Coach, Bootcamps, and the Power of Well-being.

Our Builder Programs

Swinerton’s Builder Programs are a collection of leadership development programs spanning the progression of an employee’s career. Over the past two years, 300+ participants throughout the organization have participated in these programs.

• Fundamental Builder is a national experience that redefined onboarding from a one-day event to a six-month customized integration plan to ensure new hires can achieve their fullest potential and fully immerse into Swinerton.

• Foundation Builder is a cultural learning program designed for new employees and employees who are beginning their leadership development journey with Swinerton, no matter their role or how long they have been with the company. The in-person experience includes presentations by more than two-dozen leaders from across the Swinerton family of companies.

• Leader Builder explores key traits and characteristics of leadership. Through developing better awareness and understanding of oneself, establishing a leader mindset, and broadening relationships and communication skills, participants learn to embrace the leader within themselves.

• Business Builder challenges leaders to expand their leadership capabilities, deepen self-awareness, find meaning in teaching others, and build measurable, profitable growth. These topics are facilitated through a lens of implementing organizational strategy in practice.

• Legacy Builder is designed for divisional leaders and department heads to collaborate and strengthen Swinerton's March to 2030 strategic tenets. This program was deployed in 2023.

Project Engineer Rotation

The Project Engineer Rotation Program gives project engineers exposure to various areas of the business to enable them to become future leaders and maximize their potential. The program had a preliminary launch in 2023, with plans to formally launch in 2024.

Development For Every Phase of Your Career

Developing Our Craft Workforce

A key aspect of evolving our national development programs is to strengthen the programs for field and craft employees. These training programs focus on participants developing people skills, building technical expertise, and learning best practices to grow their careers.

• Superintendent Builder includes mentor pairing and on-the-job training activities. Nominated candidates are typically in the first few years of their role, or serve as assistant superintendents, general foremen, advanced foremen, or more senior project engineers who are seeking a field career route. The program was launched in 2023.

• Foreman Builder immerses participants in the Swinerton culture, educates foremen to understand our business operations, and develops their people and technical skills. Since deployment, 289 foremen and leadmen have participated, 64 have graduated, and 27 have been promoted to assistant superintendents.

• The NCCER program is an internal workforce development program Swinerton developed with the NCCER (formerly known as the National Center for Construction Education and Research) dedicated to the training, evaluation, and development of our craft workforce. Participants acquire nationally recognized credentials and apprentices receive raises as they progress through each level, as mandated by the Department of Labor.

Talent Acquisition

We believe in the power of fostering diverse talent to drive innovation, creativity, and success within our organization and the construction industry at large. Through our College Recruitment Program and ongoing initiatives, we are committed to breaking down barriers, fostering talent, and building a construction industry that reflects the diversity of the world we inhabit. Together, we can construct a future that is truly inclusive and thriving.

Our dedication to diversity starts with the recognition that a diverse workforce not only enriches our corporate culture but also enhances our ability to deliver exceptional results. We understand the need to bring in talent early in their careers and offer them an abundance of growth and development opportunities, all of which bolsters our succession planning in years to come. Swinerton's College Recruitment Program is a testament to our commitment to recruit, engage, and develop emerging talent from a broad spectrum of backgrounds.

We have forged strategic partnerships with colleges and universities across the nation to identify and connect with promising talent. By engaging directly with academic institutions, we have tapped into a diverse talent pipeline and built meaningful relationships with students from historically underrepresented groups.

In 2023, we maintained a multi-year partnership with two Historically Black Colleges and Universities (HBCUs) to help advance the representation of people of color in construction and engineering.

College Recruiting

During the 2022-2023 college recruiting session, we hired 183 interns and 87 Project Engineers, surpassing our hiring plan (114% and 102% of our hire plan, respectively).

2022-2023 College Recruiting

Interns visiting the Holgate Library, an exciting project with Swinerton as the GC and Timberlab as the mass timber supplier and installer.

* For both interns and Project Engineers, 29% of hires were female.

For the upcoming college recruiting season, we have scaled up our hiring plan to 197 interns and 149 Project Engineers. With a dedicated effort to improve candidate experience, we completed 83% of our hire plan during the 2023 Fall semester and remain on track to complete 100% or more by Spring 2024.

Swinerton continues to strive towards increasing representation of women, minorities, and individuals from diverse socioeconomic background in our talent pool. We will continue to implement targeted outreach programs to ensure our recruitment efforts are inclusive and representative of the broader communities we serve.

Our Workforce

Health and Safety

At its core, Swinerton’s Safety Program is about creating a true safety mindset for our employees and trade partners.

Ensuring jobsites are safe, healthy, and respectful workplaces is at the heart of Swinerton’s culture. We prioritize and take responsibility for the safety and well-being of our colleagues, our business partners, and our communities. On every project, we live out our motto: Make Safety a Habit, Your Family Needs You.

Swinerton’s Safety Program rests on a foundation of effective, industryrecognized strategies. Through the efforts of comprehensive safety plans, meticulous preplanning, ongoing training, and daily mentoring, Swinerton’s safety record nationwide— EMR of 0.60—is well below the national industry average of 1.00. In 2023, we achieved a Lost Time Incident Rate (LTIR) of 0.12, and a Recordable Incident Rate (RIR) of 1.83. The industry average is 1.10 for LTIR and 2.5 for RIR, respectively.

On March 7, 2023, a Swinerton Incorporated subsidiary suffered an accident on a jobsite that resulted in a fatality of one of their employees. This incident remains under investigation.

Streamlined Program

In 2023, we streamlined our Health and Safety Program to create a clear, consistent, and concise guide for craftspeople and operations personnel in the field. While our continuous emphasis on safety remains unchanged, our documentation for processes and expectations is now clearer and more accessible. Swinerton’s standard processes emphasize preplanning, exceeding industry standards for even greater safety, training, and continuous improvement at the project and company level, and reporting and improving performance should incidents arise.

At the same time, safety is never one-size-fits-all. For all projects, a detailed, tailored Site Safety Plan is developed by the division safety manager, superintendent, and project manager to address the potential hazards and unique circumstances of each jobsite. We plan for highhazard work and prevent issues before they arise. Anticipating and preventing incidents before they occur is the most effective way to ensure safety.

Dedicated Safety Professionals

Our professional safety staff collectively hold the following credentials from the Board of Certified Safety Professionals: seven Certified Safety Professionals; three Associate Safety Professionals; 32 Construction Health and Safety Technicians; four Safety Management Specialists; three Occupational Hygiene and Safety Technicians; and one Certified Instructional Trainer. We also have two in-house industrial hygienists—one board-certified with the CIH credential—and four team members that have the Graduate Safety Practitioner designation. Swinerton also provides the necessary Occupational Safety and Health Administration (OSHA) trainings and certifications for all project team members. In 2023, our teams completed over 15,400 hours of health and safety training.

All Swinerton projects are staffed with experts who are trained and certified in the safest and most effective work practices, and whose diverse backgrounds in concrete, drywall, cranes, and industrial hygiene add to the strength of our collective team.

We recognize that all project team members are instrumental to maintaining safe jobsites. Therefore, every employee and partner are trained and empowered with Stop Work Authority to raise awareness of and prevent any unsafe situation on a jobsite.

Health and Safety

Health and Wellness On and Beyond the Job Safety on the jobsite hinges on workers’ holistic well-being, not just their physical safety. At Swinerton, we provide all employees—especially our men and women in the field—with benefits to aid with mental, physical, financial, and family wellness. We aim to support all employees during any personal challenges they may be facing, and we provide our teams with the resources they need to execute their work at the highest levels of performance and safety every day.

Employee benefits include:

• Confidential third-party counseling to help with mental health, financial concerns, parenting, legal concerns, and more.

• Significant savings on fitness and wellness classes and programs.

• Financial wellness programs to help employees build a stronger and more secure future.

• Care support for parents and caregivers.

Equity and Inclusion

We envision and strive towards a workplace that mirrors the diversity of the communities in which we work and an environment where all feel safe, respected, and able to thrive—where Swinerton leverages the strengths everyone has to offer.

Throughout our corporate history, we have focused on creating an equitable work environment and inclusive culture as a foundation for targeted talent attraction strategies, diverse employee-owner development, and economic inclusion of vendors and trade partners. As a whole, these qualities deliver greater value for our employees, clients, and communities.

In 2023, we captured our philosophy for equity and inclusion in the development of a diversity, equity, inclusion, and belonging (DEIB) strategic plan. The success of our strategy rests on five pillars: leading for equity and inclusion, sustaining workforce diversity, maximizing community impact, building greater economic inclusion, and striving for continual improvement.

We use these pillars to guide coordinated programming across our Talent First, Safety, and Corporate Responsibility teams in relation to employee engagement, business resource groups, equitable workforce development, and workplace well-being.

We hold ourselves accountable by maintaining an open discussion of our DEIB program and by partnering with industry peers to foster a diverse, safe, welcoming, and inclusive construction industry.

Leading for Equity and Inclusion

by ensuring equity in our policies and practices and developing ingrained inclusive leadership behaviors through our company-wide learning and development program.

Sustaining Workforce Diversity

through targeted recruitment and retention strategies that accelerate the development of diverse professionals.

Maximizing Community Impact

by establishing a community engagement model with our Business Resource Groups and engaging a diverse workforce through early career education.

Striving for Continual Improvement

Building Greater

Economic Inclusion

by increasing the participation and capacity of diverse businesses and local workforce through our community outreach program.

by tracking our progress through DEIB metrics reported to leadership, DEIB committees, and Business Resource Groups, tracking outcomes of capacity-building efforts and supplier volume spend with diverse business partners, and incorporating manager effectiveness into our broader learning and development program.

Since 2020 we have committed to the AGC’s Culture of CARE pledge as part of our commitment to fostering and promoting a culture of care and to celebrating diversity, equity, and inclusion in our company and across the industry. As part of 2023’s Construction Inclusion week, Swinerton recommitted to the pledge.

The Culture of CARE is an ongoing campaign that promotes an inclusive workplace culture where each person feels welcomed, included, valued, and safe when they come to work.

This year, we scored in the 91st percentile (86%) on the AGC’s annual Diversity & Inclusion Assessment— five points higher than 2022—and we remain committed to maintaining a welcoming and inclusive construction industry.

Equity and Inclusion Events

Women in Construction Week

Women in Construction (WIC) Week is an annual celebration in March that promotes the role of women in the construction industry. To celebrate and kick off the week in 2023, the Women’s BRG in collaboration with the Black Community BRG, Working Parents BRG, and LatinX BRG hosted a company-wide webinar with a keynote by Swinerton’s Chief Administrative Officer Lauren Nunnally. A panel also highlighted the diverse experiences of four Swinerton women employees in their careers as Senior Benefits Analyst, Safety Engineer, Division Manager, and Craft Services Administrator.

Construction Inclusion Week

Construction Inclusion Week (CIW) represents an industry-wide effort to build awareness of and improve diversity and inclusion within our industry. In 2023, the week's celebrations included multiple Swinerton-hosted Supplier Diversity events. Each day focused on a different theme to engage employees in discussion, spark conversations, share resources, and invite people to take part in programs aimed at improving diversity, equity, and belonging in our trade.

Women's BRG hosts WIC Week Webinar.

SoCal Supplier Diversity Forum & Mixer during CIW.

Business Resource Groups

Business Resource Groups (BRGs) create a community within Swinerton that enhances the experience of our personnel and advances Swinerton’s overall DEIB program. BRGs are open to all employees and bring together people who have a common interest or characteristic. It is our hope that creating space for the success of BRGs within Swinerton will lead to more inclusive and diverse teams within the organization and engage all employees. In addition to connection and community, BRG members have unique knowledge and perspectives, making them an asset to Swinerton in recruitment, retention, and development of talent.

Swinerton’s BRGs saw explosive growth in 2023, with the addition of three employee-led BRGs (75% growth), for a current total of seven. This year, the seven BRGs held a total or 37 member meetings, 31 in-person events, and 11 company-wide campaigns.

In 2023, BRGs increased their focus on giving back to the communities in which they live and work, resulting in a 61% participation rate of BRG members in Swinerton Cares, our employee giving and volunteering program. BRG members accounted for 26% of the total hours that Swinerton employees volunteered in 2023.

To gauge the impact of BRGs on employee satisfaction, a BRG satisfaction survey was administered, and members reported an overall high satisfaction rate (84%). The highest area of satisfaction was the impact BRGs have on making Swinerton a welcoming, inclusive, and safe place to work at an average rating of 4.3 out of 5.

Vision:

Business Resource Groups (BRGs) create community within Swinerton that enhances the experience of Swinerton personnel and advances Swinerton’s overall Diversity, Equity, Inclusion, and Belonging (DEIB) program.

Purpose:

BRGs are voluntary, employee-led groups that support and advance more inclusive and diverse teams within the organization.

OBJECTIVES

Support Community

Provide a safe space for employee connection and networking

Build Future Leaders

Facilitate opportunity for personal and career growth

Impact the Business

Provide input on development of company initiatives and DEIB programs

GOALS

Sustained participation

Increased leadership skills and career growth

Engaged as knowledge pool for input into company programs

Business Resource Groups

BRG Summit

We held our first annual BRG Summit in San Francisco, CA, focused on communitybuilding, effective BRG structure, and measuring impact. The Summit brought together company leadership, BRG leads, and executive sponsors to collaborate and align BRG program planning. There were 48 attendees, including eight corporate leaders in attendance. A post-event survey found the majority of attendees ranked the Summit as “Excellent" and ranked the session on facilitating inclusive leadership as most valuable.

BRG Open House

During Construction Inclusion Week, BRG leadership and Company leaders hosted a company-wide virtual Open House. Over 190 employees attended and learned the importance of BRGs and how to get involved.

Business Resource Groups

Swinerton’s seven BRGs had a successful year hosting engaging and informative activities across the company.

Asian American and Pacific Islander Business Resource Group (AAPI BRG)

The AAPI BRG is a community where employees can learn from each other, empower each other, and build connections with their AAPI colleagues. AAPI BRG helps foster a sense of community and celebrates the varied cultural heritages within the AAPI community. The BRG was established in March and quickly formed a large and active member base. Some highlights from the first year include: hosting a Q&A with Division Manager and executive sponsor Alison Satt, managing company-wide AAPI Heritage Month celebrations, holding an in-person meet-up, and hosting monthly meetings focused on a variety of subjects including the town of Lahaina, HI, and a discussion of the short film 38 at the Garden.

Black Community Business Resource Group (BCBRG)

The BCBRG’s vision is to change the narrative by giving an identity and voice to Black employees while promoting diversity, inclusion, and equity at Swinerton. In addition to their monthly meetings, the BCBRG organized the MLK Day of Service, celebrated Black History Month with a focus on building generation wealth, and hosted a company-wide Juneteenth celebration with an interactive virtual tour.

BCBRG’s Northern California Juneteenth celebration.

Kim Perez from the Denver office taught her group how to make California rolls during AAPI Heritage Month.

Business Resource Groups

LatinX Business Resource Group (LXBRG)

The LXBRG is focused on bringing Latinx and Hispanic employees together in a safe place to talk about challenges and opportunities. It is a community to share experiences, resources, and needs. In addition to the groups monthly meetings, the LXBRG published a cookbook celebrating cultural traditions, hosted a Hispanic Heritage Month company-wide webinar with guest speakers Roberto Hernandez, the "Mayor of the Mission," and Edelina Burciaga, Professor of Sociology at University of Colorado Denver, and shared educational resources and created ofrendas in celebration of Día de los Muertos.

Pride Business Resource Group (PRIDE BRG)

The PRIDE BRG’s vision is to create a culture of inclusion and belonging for the LGBTQ+ community, where all employees feel safe, valued, and proud to bring their full selves to work. The PRIDE BRG was established in June 2023, and was created to provide a culture of belonging, support, and positive impact for the LGBTQ+ community at Swinerton. In addition to their monthly meetings, the group had a huge impact their first year, sponsoring a companywide giving campaign for the Human Rights campaign, publishing a manager’s guide to supporting LGBTQ+ employees for National Coming Out Day, and sharing queer employees’ stories company-wide.

Veterans Business Resource Group (VBRG)

The VBRG's primary purpose is to acknowledge the significant contributions made by military veterans within Swinerton, cultivate an inclusive corporate culture, and offer a supportive platform for veterans and their families. The group is also is also dedicated to enhancing business performance by harnessing the unique skills and experiences that veterans bring and fostering diversity in our workforce. The VRBG officially launched on Veterans Day and has begun to build their membership and establish goals.

Swinerton’s San Francisco office celebrates Hispanic Heritage Month.

VBRG Member, Isaac De Leon, at the National Veteran Business Development Council Conference in Louisville, KY.

Business Resource Groups

Working Parents Business Resource Group (WPBRG)

The WPBRG’s mission is to build a community that advocates, supports, and provides resources for working parents at Swinerton. In addition to their monthly meetings, the group hosted multiple family-friendly events, including an art contest for Swinerton employees’ children and a toybuilding workshop in partnership with The Home Depot.

Women’s Business Resource Group (WBRG)

The WBRG’s vision is a cohesive and conscious culture that facilitates inclusive and accessible career opportunities for women to be key players at all levels of the organization. This was the WBRG’s third year as a group, and their efforts were focused on Women in Construction Week, hosting a company-wide webinar featuring company leadership, and centering tactics for driving industry change.

Employee Teo Samilin’s “mini Swinnie” building her house at the toy-building workshop event in Honolulu, HI.

Building a Sustainable Future

Sustainability underpins Swinerton’s commitment to be responsible corporate citizens. Swinerton is committed to minimizing the impacts of construction activities on the natural environment—including risks related to greenhouse gas emissions, water availability and quality, soil and air quality, and biodiversity. We partner with owners, design teams, trade partners, end users, and the communities to create structures that operate efficiently, use resources effectively, and support wellness of everyone who lives and works there, from our builders to the occupants.

We continuously seek opportunities to implement sustainability efforts and pilots across our corporate operations and construction projects, in partnership with our clients and business partners, including the following:

Resource Efficiency and Biodiversity

We support circularity and waste reduction on our projects through material salvage, prefabrication, and deconstruction planning, particularly in early project phases. We reduce the impact of construction on the local ecosystems through best management practices and by tracking, assessing, and reducing carbon emissions.

Influencing Sustainable Design

Sustainability improvements are identified on projects through sustainability goal setting and project visioning in early project phases. We can identify opportunities to reduce impacts on resources in key categories by developing embodied carbon budgets and targeting embodied carbon reductions compared to industry standards.

Responsible Procurement and Market Transformation

We aim to advance the development of sustainable materials, products, and processes by incorporating low impact materials in early project visioning. Swinerton invests significantly in developing environmentally beneficial technologies such as mass timber manufacturing and renewable energy solutions. We promote environmentally responsible procurement through our relationships with upstream and downstream designers, suppliers, and manufacturers—including our affiliate mass timber company, Timberlab—to improve third-party verification and transparency reporting. We also seek to raise the collective understanding of sustainability in the construction industry. We do this by engaging with business and trade partners and the workforce about important, timely developments in sustainability practices.

TIMBERLAB CERTIFICATIONS

Building a Sustainable Future

Memberships

Swinerton is a member of several working groups and networks focused on sustainability in construction. These groups facilitate information sharing, developing industry best management practices, and furthering emerging trends and technologies.

Associated General Contractors (AGC) of America’s Climate Working Group

The AGC's Climate Working Group is a coalition of 28 member companies that focuses on advancing outreach and education on climate change and its effects on the construction industry. The group meets regularly to discuss the most relevant developments in these areas and seeks to provide effective resources for member companies. Topics discussed focus on the most relevant developments in this area and seek to provide the most appropriate and effective resources for member companies.

AXA XL’s Sustainability Circle

The Sustainability Circle is an invitation-only collaborative peer network of Sustainable Construction Leaders insured by AXA XL Insurance. The group engages to source problems, facilitate knowledge sharing, and develop strategies to solve problems with a goal of elevating the industry overall.

BuildingGreen’s Sustainable Construction Leaders (SCL)

The core purpose of the SCL network is to build a national community with regional ties that shares best practices, advocates for, and inspires change in a collaborative, noncompetitive, trusting, positive, and results-oriented way, so that we leverage the construction industry to combat climate change and create healthy environments.

U.S. Green Building Council (USGBC) – Gold Member

USGBC membership supports the development and evolution of the LEED program. Membership drives the development and continual updates of the LEED rating system through financial support, volunteerism, and engagement in member events.

Building Transparency's Contractors Carbon Action Network (CAN)

ContractorsCAN is comprised of members of the global building industry who are ready to act on the smart prioritization of embodied carbon in building materials. The contractorsCAN program, a sister program to materialsCAN and ownersCAN, is a coalition of general contractors who share a common goal of decarbonizing building projects through tracking embodied carbon, smart procurement, and efficient construction practices.

Green Building Services

At Swinerton, sustainability is a preconstruction effort. This year, we focused on building tools and resources to help teams make meaningful reductions in environmental impacts in early design and construction.

Project teams work with clients and designers in order to reduce environmental impacts of materials and design choices holistically through the building’s entire life cycle, including:

• Establishing sustainability goals

• Providing project visioning to reduce impacts on resources

• Developing overall embodied carbon budgets and reductions compared to baseline cases and industry standards

• Promoting circularity and waste reduction through material salvage efforts, prefabrication, deconstruction, and reclamation

Across all projects, Swinerton incorporates resource reduction and environmental mitigation best management practices including waste management, stormwater management, and indoor air quality. On projects where sustainability is a top goal for clients, Swinerton is a key partner in the developing of sustainability goals and project vision. One project we worked on throughout 2023 was the Portland International Airport (PDX) redesign, which won an Forest Stewardship Council (FSC)

Leadership Award for its dedication to sustainable sourced materials. The project incorporated many advanced sustainability goals and supported biodiversity through supply chain traceability. Read the case study on the next page.

Green Building Services

CASE STUDY

Supporting Biodiversity through Supply Chain Traceability

Timberlab has been working on a transformative remodel of Portland Internal Airport (PDX) since 2020. The redesign features a nine acre mass timber roof built entirely from responsibly sourced wood. Project goals were set early and focused on supporting the regional timber industry. Material sourcing goals included wood traceability and sourcing from responsibly managed forests and equitable landowners.

The project team created multiple procurement pathways to meet sustainable wood requirements. Where tracking and transparency weren’t possible, third-party certification was utilized to ensure the project met its goals.

The project team worked with tribal, private, and public landowners including the Coquille Indian Tribe forestland in Southwest Oregon and the Yakama Nation forestland in Central Washington. Sustainable Northwest, a nonprofit who advocates for policies and actions to improve forest health and reduce wildfire risks, was brought on to strategize how to use Douglas fir from local, sustainably managed forests.

One major factor of the project's success can be attributed to the relationships that were fostered to bring together members of the supply chain-including loggers, forest owners, tribal members, mill workers, and brokers. Such a heterogeneous group created dialogue that normally doesn't occur between major parties in the supply chain.

As an alternative to large steel beams for the roof structure, Zip O Laminators and Timberlab partnered to produce the largest curved glulam beams ever made in the United States. The glulam beams reduced the embodied carbon footprint of the structure, when compared to structural steel, and saved

millions of dollars on the project. Unlike nearly any other building in the world, many of the beams in the airport are traceable to the forests where the wood was grown.

The landowners and forest managers involved in the project practice responsible stewardship involving balance and biodiversity in their forests. A representative from The Nature Conservancy, which manages a large portion of the acres the

timber came from, explains that thinning and managing trees has many benefits: it welcomes in light, fosters biodiversity, and decreases wildfire risk.

In the end, over two million board feet of FSC-certified wood was procured, which represents about 80% of the wood in the curved glulam beams and 100% of the ceiling lattice timbers.

Green Building Services

Calculating the Carbon Impact of Construction Beyond Materials

Embodied carbon refers to the greenhouse gas emissions arising from the manufacturing, transportation, installation, maintenance, and disposal of building and infrastructure materials. However, currently in the construction industry, embodied carbon budgets are often used to simply compare the way materials were manufactured (Emission Lifecycle Stages A1-A3) and leaves out how they are transported and installed on a jobsite. Although there are many areas in construction that have carbon impacts beyond material selection, unfortunately that is where carbon tracking often ends. In order to help develop a baseline for future projects and contribute to improving embodied carbon data of the AEC industry as a whole, we have began tracking additional stages of the emission lifecycle during construction on two projects in 2023.

On two projects in two different regions, we are tracking the carbon impacts of material deliveries (Emission Lifecycle Stage A4) and construction activity (Emission Lifecycle Stage A5). Our scope of data tracking on these initial projects includes fuel and utility use, including all delivery vehicles and jobsite equipment used by Swinerton and all project partners. The data collection process has been a new challenge; requiring us to establish new processes, and coordinate among many stakeholders. We have created contract documents for project partners, standard supplier bid language, and data reporting platforms. After systems to collect information were set in place, we began to educate and involve project partners in the process.

Currently, embodied carbon calculations for construction activity are based on estimates that are based on a small sample size of case studies and assumptions. These estimates suggest the impact of construction on embodied carbon is relatively small, accounting for 1-5% of the building’s total embodied carbon, over its lifetime. With limited carbon data, some life cycle assessment tools omit carbon data produced during construction (Emission Lifecycle Stage A5) altogether. As a result, the omitted data can be misleading and not accurately show the emissions that come from construction activity. Collecting data to calculate the carbon impact of construction beyond materials is an important step in developing a robust knowledge base for the entire industry. Swinerton is proud to be pushing this initiative forward.

As we continue the data collection process, we aim to identify trends and continue to bring greater granularity to the data. The data from this process will help inform our future development of:

• A materials sourcing and fuel plan with suppliers of major materials

• A jobsite emissions reduction plan

• Identifying and implementing strategies to reduce equipment fuel emissions where feasible (renewable diesel, alternative fuels, equipment electrification)

Managing Environmental Impact in Operations

We recognize that construction activities impact the natural environment and to minimize our impacts, we are working towards greater rigor, transparency, and increasing alignment with industry frameworks in our own operations.

Advancing Our Team’s Sustainability Expertise

Swinerton’s sustainability team grew in 2023 with the hiring of two full-time staff dedicated to advancing sustainability and our environmental performance as a company.

In 2023, the team launched a program of sustainability learning and development to upskill Swinerton employees’ green education. The sustainability team delivered an introductory course on LEED project requirements to 70 Project Engineers. The course provided an overview of LEED, how to become accredited, submittal and documentation management, and navigating LEED Online.

Focus on Waste

To address our own environmental impact, we outlined a detailed process plan to implement environmental measures within our operations. With this year’s focus on waste, we launched new initiatives to baseline waste and developed strategies for waste avoidance and reduction at jobsites, corporate offices, and manufacturing facilities. The programs launched in 2023 will help improve our waste management plans in the coming years.

Office Waste Baseline

This year, waste hauling data was collected from all offices to establish the company’s first corporate waste baseline. With the baseline established, we have begun developing strategies for waste avoidance and reduction. In the coming years, our goal is to reduce waste produced and divert materials from the landfill by increased recycling and composting.

WASTE PRODUCED IN CORPORATE

Focus on Waste

Jobsite Waste Pilot

A jobsite waste pilot program kicked off in the summer of 2023 with a focused effort on data tracking. The pilot included tracking waste material type, volume, facility diversion rates, and hauler reporting from a sampling of over 40 projects across 10 divisions. To encompass a variety of jobsite waste types, the pilot included projects with elements of demolition, self-perform, and ground up construction. Projects were compared by square footage, total cost, and location.

The goal of the pilot was to begin baselining waste, ensure projects meet municipal requirements, and establish a better understanding of market conditions in each region.

As recycling is a market commodity, what is recycled, salvaged and processed over time changes. Reviewing trends in local markets is an important step as we continue to develop our waste management plan with localized strategies for waste avoidance and reduction.

Innovation in Waste Reduction

Swinerton is actively advancing design strategies for deconstruction to reduce the waste in our buildings at the end of their useful life, as well as technologies like AI and robotics to reduce clean construction and demolition waste in the field. To improve waste diversion, Swinerton also routinely seeks alternative recycling avenues, as opposed to Material Recovery Facilities (MRFs), to maximize recovery or reuse of material. Partnering directly with end users for certain materials translates to higher capture and recycling rates compared to traditional waste processing streams.

Spurred by the annual Innovation Challenge, Swinerton’s own craft teams developed, piloted, and launched a solution called the “Buggy Dumper” to efficiently lift, tip, and dump debris via hydraulic mechanisms, increasing cleanup efficiency and improving worker safety.

Focus on Waste

Green Kitchen Guide

Swinerton’s Green Kitchen Guide was published in early 2023 to align our waste reduction goals across all office locations. The guide includes resources and stepby-step instructions to improve recycling programs, to start or expand composting, and reduce the waste generated in office kitchens in alignment with the EPA’s Waste Hierarchy. The guide also includes guidelines for zero-waste catering, eliminating single-use plastics, and complying with local recycling and composting regulations.

Compost Pilot

In 2023, we conducted a pilot program to compost waste from our offices, and 38% of offices participated in the voluntary program. Offices used a variety of composting options, with some choosing municipality-supplied services, private hauling, and onsite worm composting. We are in the process of developing a wider-scale composting program based on the pilot program's findings.

Swinerton's San Diego office recently starting composting their organic material and uses the compost to improve the soil in their onsite vegetable garden.

E-Waste Recycling

When refurbishment and repair are not possible, electronics are properly disposed of through our E-Waste recycling program. Approximately, 1,358 pounds of E-Waste was recycled company-wide in 2023.

Creative Recycling for Wood Manufacturing Waste

At Timberlab’s Fabrication Facility, wood waste is one of the largest portions of the waste stream. Waste comes from normal operations, supply inefficiencies, and pieces rejected during the QA/QC process. The material, although high quality, is not recyclable with traditional methods due to the glue affixed to the wood. Many avenues for alternative outlets were explored, and after material testing, a local outlet was found. The wood waste is now recycled into landscape mulch and livestock bedding. The new process not only reduces material sent to the landfill, but also saves thousands of dollars in hauling and dumping fees.

Plastic-Free Jobsite Pilot

Swinerton Builders piloted a jobsite free of single-use plastics while working on the headquarters of an athletic apparel company. The efforts began in preconstruction by including the plastic-free policy in the leveling checklist. Swinerton provided reusable water jugs at all entrances and on every floor. The changes resulted in eliminating over 80,000 plastic water bottles. With the success of the pilot, the regional team plans to implement this model on all feasible projects.

Utility Baseline

As a part of Swinerton’s efforts to improve our Environmental program, in 2023 we started tracking aspects of our Scope 1 and Scope 2 emissions to develop our baseline data. We collected data on electricity, natural gas, and water utilization at our corporate offices, warehouses, and manufacturing facilities. Properties included in this baseline represent Swinerton’s family of companies’ portfolio and cover a variety of building sizes, types, and geographic locations.

As we begin to analyze initial data, the information captured in the 2023 utility baseline will help us look for innovative and best practice opportunities to promote efficiency, reduce our environmental footprint, and pave the way for a more resilient and lower carbon future. We plan to report future changes in utility data compared to this baseline.

Data Collection Process

Individual buildings under direct management received whole building or submetered energy consumption directly from local utility companies. Buildings not under direct management received whole building or sub-metered energy consumption from property management or primary tenants. In buildings that Swinerton was not the sole tenant, utility usage attributed to Swinerton was estamated based on the percentage of square footage in the building we occupied.

2023 Utility Baseline

1,967,235 kWh *

Total Energy Use

8.71 kWh/sq. ft.

Energy Intensity

2,786,988 gals

Total Water Use

17 gal/sq. ft.

Water Intensity

* The calculation of total energy consumption and energy intensity includes only our corporate operation portfolio with all energy consumed at the building under direct management (including electricity and natural gas).

1,201,333 kWh Total Electricity Use 5.84 kWh/sq. ft.

Building types included in electricity baseline were corporate offices, selfperform and storage warehouses, and fabrication and manufacturing facilities. Baseline included builings from 11 different states.

Estimations for gaps in data have been made for six months of energy consumption. The estimates were extrapolated based on building averages and made on three buildings totaling 40,000 square feet that have electricity under Swinerton's direct management. Estimations were made due to gaps in monthly data that the utility provider was unable to provide.

99.28% of square footage—or 37 buildings out of 40—in Swinerton’s portfolio is included in this reporting. Three buildings totaling 5,324 square feet were excluded from this report due to challenges collecting whole building energy use data. The buildings excluded are medium-sized office buildings.

Of the 37 buildings reported, 33 were occupied by Swinerton throughout the entirety of 2023. Four buildings, totaling 172,104 square feet, were not occupied by Swinerton for the entirety of 2023 and energy use has only been included for the months that Swinerton occupied the buildings. In these four buildings, we occupied the space for a sum of 20 months in 2023. Thus, the percentage of the year that Swinerton consumed energy in its total portfolio is 93.69%.

Natural Gas

Natural Gas Consumption in Buildings Under Direct Management

Natural Gas Consumption Data

Building types included in natural gas baseline were corporate offices, warehouses and fabrication faciltiies. Baseline included buildings from five differenet states.

Swinerton’s consumption of natural gas included in this report covered 96.67% of the company’s office, warehouse, and facilities square footage. Two buildings were excluded from this reporting due to challenges collecting whole building energy use data, totaling 9,212 square feet. The two buildings not included in this data are medium-sized office buildings.

Swinerton occupied 13 out of the 15 buildings included in this reporting for the entirety of 2023. Two buildings, totaling 30,684 square feet, were not occupied by Swinerton for the entirety of 2023 and natural gas use has only been included for the time that Swinerton occupied the space. In these two buildings, Swinerton had natural gas consumption for a sum of 11 months.

2,786,988

Water Consumption Data

Building types included in water baseline were corporate offices, self-perform and storage warehouses, and fabrication and manufacturing facilities. Baseline included buildings from six different states.

Estimations for gaps in data have been made for a total of 12 months of water consumption. The estimates were extrapolated based on building averages and made on two buildings totaling 23,237 square feet. Estimations were made due to gaps in monthly data the utility company was unable to provide.

92.67% of square footage—or 34 out of 40 buildings—with water consumption in Swinerton's corporate portfolio is included in this reporting. Six buildings totaling 54,201 square feet were excluded from this reporting due to challenges collecting whole building energy use data.

Thirty two of the reported buildings were occupied by Swinerton throughout the entirety of 2023. Two buildings, totaling 140,158 square feet, were not occupied by Swinerton for the entirety of 2023 and water use has only been reported for the months Swinerton occupied the space. In these two properties, we occupied the space for a sum of 12 months.

Executing Neighborhood Development for All

CASE STUDY

The Canyon

In partnership with designers MVRDV, Swinerton recently completed The Canyon, one of four buildings forming the first phase of the new Mission Rock neighborhood in San Francisco, CA. The project is a public-private partnership established by the San Francisco Giants, Tishman Speyer, and the Port of San Francisco to transform the city’s waterfront. Mission Rock is a mixed-used neighborhood consisting of eight acres of public open space, ~1,500 rental homes and retail shops and cafes.

The Canyon consists of retail space, offices, and 283 apartments. The project is targeting a LEED Gold certification and having a positive impact on San Francisco’s housing crisis, with over a third of the apartments available at below-market-rates to middle-income residents.

The master plan for Mission Rock requires that all four buildings share infrastructure. A recycling plant processes black water for reuse and The Canyon hosts mechanical elements for the district heating system. District Energy contributes to sustainability goals on the project by combining the energy needs of multiple buildings. Resources can be shared to meet the needs of each individual building, such as using heat recovery from one building for space and water heating in another.

It is common to change or reduce a project’s aspirational and complex sustainability goals through out the development process. Most

often, these goals are changed during the value engineering stages of design review. The work to make sustainable technologies and systems financially viable and become reality happens in preconstruction. As builders, our role is to bring expertise in constructability to a design and execute on that vision. The bulk of this work happens before job-site mobilization. Swinerton’s constructability expertise brought value to the Canyon project by providing an understanding of building materials, recommendations on tradeoffs in the development process, coordination with all stakeholders, and our ability to build with quality and efficiency.

Sustainability is not only a simple measurement of outcomes, it’s also a collaborative to ensure outcomes meet project objectives. Swinerton provided preconstruction services to help keep the Canyon project moving forward in the midst of the COVID-19 pandemic, which added additional challenges to delivering a building with aggressive sustainability targets and within a fixed budget. Swinerton took a very proactive approach during the Guaranteed Maximum Price (GMP) process to ensure that the project could be executed while still maintaining these high-performing systems, such as developing a budget tracking log and regularly reviewing the information with ownership and the design team to both maintain and develop project goals.

Our Communities

Our Communities

Swinerton is a community builder. As socially responsible and passionate employee-owners, we are committed to giving back. We recognize that construction activities impact neighborhoods in many ways, and our teams seek to minimize neighborhood disruptions and improve the lives of our neighbors through social investment and volunteerism. Each year, we donate at least 1% of our net fee to nonprofit organizations that support our strategic areas of giving: community resiliency, construction education, construction workforce development, and community support.

For over 20 years, we have been proud supporters and business partners of The Swinerton Foundation, whose mission is to develop the construction workforce of the future by being a catalyst for collective action, to expand the accessibility of construction education, and change the perception of the industry. As a business partner to the Foundation, our employees volunteer their time mentoring and teaching students through programs such as SkillsUSA. Additionally, we provide job opportunities to recipients of the Tony Williamson Building Better Futures Scholarship. The Foundation’s national approach to inspiring and educating students and giving individuals the opportunity to pursue careers in construction is an industry-wide effort. Every year, Swinerton hosts fundraising events for The Swinerton Foundation to support its mission. In 2023, we raised over $1 million from others in the industry for the Foundation’s construction education and workforce development programs.

Strategic Areas of Giving

Community Support

Community Resiliency Construction Workforce Development

Construction Education

Construction Education and Workforce Development

The construction industry has been grappling with a skilled labor shortage, resulting in an average of over 384,000 job openings per month as reported by the Bureau of Labor Statistics in 2023. The challenges many companies face include the lack of exposure young people have to construction careers and misconceptions about the industry.

Each year, Swinerton participates in construction career fairs and construction education events across the country to attract youth to the industry. Since 2020, Swinerton and The Swinerton Foundation have partnered with SkillsUSA to adopt local high schools and teach students construction trades through trainings and mentorship. Swinerton employees teach hands-on skills and share their career experiences with students—volunteering over 1,000 hours each year. As part of our partnership with The Swinerton Foundation, Swinerton has committed to hiring graduates of SkillsUSA. In 2023, we hired two graduates of the SkillsUSA program from Montecito High School in San Diego, CA.

Tony Williamson Building Better Futures Scholarship

Each year, The Swinerton Foundation presents graduates of the Cypress Mandela Training Center in Oakland, CA, with the Tony Williamson Building Better Futures Scholarship. The Cypress Mandela Training Center is a community-based organization dedicated to improving the lives of the people it serves by providing pre-apprentice construction and life skills training, along with employment assistance. The scholarship helps these new construction professionals as they enter the industry with a $2,000 monetary award and the opportunity for employment with a local construction company. In 2023, eight scholarships were awarded by The Swinerton Foundation. Of the graduates, Swinerton offered apprenticeship positions to three individuals.

Construction Education and Workforce Development

For over five years, our team in San Diego, CA, has volunteered at Camp NAWIC—a weeklong construction camp for young women sponsored by the National Association of Women in Construction (NAWIC). In 2023, 100 attendees were empowered with a transformative, hands-on construction experience to acquire diverse skills in carpentry, electrical work, plumbing, and heavy equipment operation.

Our Colorado office joined forces with our National Affordable Housing team to host a skills lab for Mercy Housing Properties students. Workshops offered hands-on training in concrete, drywall, framing, welding, and career/apprenticeship exploration.

Swinerton’s team empowered pre-apprentice students as part of Fortitude Careers in San Mateo, CA, with hands-on instruction in formwork, rebar tying, and concrete slab construction. The engaging two-day experience held annually prepares students for future success in the industry.

Swinerton’s Austin, TX, team participated in Construction Industry Education Foundation (CIEF) Trades Day, which provided over 300 students and instructors with hands-on demonstrations to explore diverse career options within the construction industry. Our selfperform group constructed an exhibit showcasing metal stud framing and the drywall installation process, and explained the correct techniques through a brief presentation, practical demonstrations, and a friendly competition.

Outreach

Swinerton is proud to establish a higher standard of excellence in the construction industry with outreach programs to local workers and certified business enterprises—including those owned by women, minorities, veterans, LGBTQ+ people, and those living with disabilities. Swinerton is also proud to partner with local workforce organizations to provide opportunities to support the communities in which we build.

As a company, Swinerton strives to award at least 20% of its subcontracting and supplier volume to small and diverse businesses. For over 30 years, Swinerton’s Supplier Diversity Program has demonstrated our pledge to diversify our partnerships. In 2023, Swinerton awarded $635 million to diverse trade partners company-wide, for a total spend of 23% of subcontracting and supplier volume across all our divisions. Over the past five years, we have awarded over $3 billion in subcontracting dollars to diverse businesses.

Percent of Total Spend

Diverse Subcontractor Spend

Outreach

Our Key Focus Areas

At the heart of Swinerton’s Supplier Diversity and Community Relations program is a holistic approach that leads to long-lasting success for our partners and our projects.

Swinerton focuses on five key areas that provide the framework for our inclusionary approach.

• Community: Successful outreach hinges on direct and frequent community involvement and communication and feedback to refine our efforts. Swinerton seeks open and honest feedback, creates specific outreach events, and participates in community meetings and events.

• Education: Swinerton is dedicated to supporting and mentoring business partners through technical assistance and education efforts in order to ensure the continued success of these firms and help them build capacity.

• Resources: Swinerton provides our business partners with the resources needed to achieve success at every step of a project, from prequalification to bonding and financial assistance.

• Opportunity: Swinerton structures bid packages to maximize diverse business participation, providing realistic and accessible opportunities that enable them to be successfully utilized.

• Commitment: Utilizing diverse business partners is a priority and value shared by all Swinerton’s employee-owners. We know that the success of our diverse partners goes hand-in-hand with our own, and we strive to make a positive impact every day.

Local Relationships, National Expertise

Our local and national experts ensure robust engagement from diverse trade partners, suppliers, and workers. Swinerton has dedicated Supplier Diversity Specialists and managers in many of our divisional offices nationwide who work to integrate supplier diversity and community engagement goals. Swinerton’s community relations team has six employes who are certified compliance administrators through the American Contract Compliance Association..

Supplier Diversity Day Events

In 2023, Swinerton collaborated with industry partners to celebrate Supplier Diversity Day during Construction Inclusion Week (CIW). The events were designed to create intentional connections between diverse businesses, general contractors, government, and affinity organizations.

• Denver, CO: The first-ever Denver Supplier Diversity Summit included over 180 participants representing 50+ small businesses. The summit focused on counseling small businesses through prequalification, contract negotiation, and building a pipeline of projects.

• Oakland, CA: Swinerton partnered with 14 other general and specialty contractors, government agencies, and supporting organizations to host a mixer event for diverse businesses.

• Sacramento, CA: Swinerton cohosted a mixer event for diverse businesses to meet contractors and government agencies.

• Long Beach, CA: Swinerton participated in a day of empowering workshops and networking, with tools, resources, and experts in the field present.

• Austin, TX: Swinerton was excited to participate for the first time in cohosting a supplier diversity event for CIW. Over 50 local diverse businesses came together to celebrate and connect through breakfast and networking opportunities.

• Portland, OR: Swinerton hosted a subcontractor outreach event to meet the Swinerton and Timberlab teams, learn about upcoming bid opportunities, and our prequalification process.

Outreach

2023 Accomplishments

Built Community Impact Award BuildOUT California

Award National Association of Minority Contractors (NAMC)

Supplier of the Year Western Regional Minority Supplier Development Council (WRMSDC)

National Association of Minority Contractors, Southern California

Remembering Rick Moore

We remember Charles "Rick" Moore, former Vice President and Director of Community Relations, who passed away on August 12, 2023. Early in his career, Rick became an advocate for helping minority contractors gain opportunities in the commercial building arena. Rick was passionate about the importance of diversity in our industry and his efforts in broadening Swinerton’s community involvement formed the foundation of our robust Community Relations efforts today.

Rick worked tirelessly to establish relationships within the communities where Swinerton lives and works, and with national minority contracting and advocacy groups. He was dedicated to leveling the playing field for emerging subcontractors and identifying opportunities for broader participation in our industry. He was also a champion of broadening the diversity of our own ranks, both in management and in the field—he enriched our labor force and helped our teams to see the value in an inclusive perspective.

We are grateful to continue to be the recipients of his efforts to position Swinerton as our best possible selves in our communities. In his honor, Swinerton contributed to the National Association of Minority Contractors, who inducted Rick as a Hall of Fame member in 2013.

The National Association of Minority Contractors, Southern California, recognized Swinerton for impact and creating legacy and gave us the 2023 Major Corporate Partner of the Year award at the 27th Annual Leadership Gala.

Swinerton’s Team accepting the Built Community Impact Award at BuildOUT California Founders Day.

Swinerton Team receiving the Trailblazer Award from the National Association of Minority Contractors at their annual conference in Arlington, TX.

Outreach

Business Partner Development

Swinerton achieved remarkable success in 2023 with the ongoing implementation of the Prep for Success program. The objective of the program is to enhance the readiness of small, minority, women, veteran, LGBTQ+, and differently-abled business partners, enabling them to effectively position, bid for, and execute projects with Swinerton. The program aims to show subcontractors what they can anticipate as standard business requirements when working on a Swinerton project and what resources are available to them.

The program was originally piloted in California and provided a successful foundation and blueprint to expand to the Central Region. In 2023, Swinerton's Colorado Division launched Prep for Success, engaging five Colorado-based small and diverse firms in various trades including electrical, civil, and drywall/framing. The Colorado team used the framework of the pilot program while integrating Colorado-specific information and subject matter experts.

The program's success is not only measured by the technical proficiency of its participants, but also by their ability to navigate the professional landscape successfully. To measure the impact of the Prep for Success program, a robust feedback system was developed. Regular follow-ups help Swinerton continually refine and improve. The success stories of individuals who have completed the program serve as powerful testimonials and inspire others to join the next cohort. Since its inception, over 25 small and minority-owned businesses have completed the program.

Resilient Communities

Since 2003, Swinerton has been an avid supporter of Rebuilding Together’s nationwide efforts to secure affordable homeownership and housing stability for seniors, low-income community members, and veterans. In 2016, we committed to including this organization in our strategic focus on community resiliency and skills-based volunteering. Today, six of our employees serve on their local Rebuilding Together affiliate’s Board of Directors.

6 Board Members

11 Local Affiliates Supported

9 Projects Completed

Rebuilding Together 2023

In 2023, our San Diego office partnered with Rebuilding Together to complete numerous interior and exterior repairs and improvements to the Hauer household. Over the years, Penny and Charles Hauer have adopted 42 disabled children. Our team was honored to positively impact this incredible family.

Stories of Our Impact

Swinerton Cares

Each year, our Community Ambassadors organize volunteer events for all employees to get involved. Our goal is to have 50% of employees participate in volunteering activities. In 2023, Swinerton sponsored more than 100 volunteer activities. 22% of all employees volunteered at either a company-sponsored event or on their own personal time, logging over 10,500 hours. Swinerton incentivizes volunteering through our Fall Giving Challenge and the Swinerton Cares program. Swinerton Cares provides gift matching for donations made to nonprofit organizations and rewards volunteering by donating to organizations of the employee’s choice. In 2023, we expanded our program to include payroll deductions—enabling employees to contribute to nonprofit organizations directly from their paycheck. In just the first year, over $25,000 was donated to charities through payroll deductions.

Maui Community Foundation

In response to the devastation caused by the wildfires in Maui, HI, Swinerton launched an employee giving campaign to support the Maui Community Foundation. It was the most successful disaster-relief giving campaign in the history of the company, with employee and company donations totaling over $70,000. Swinerton’s business partners also gave in big ways, making in-kind gifts valued at over $240,000 in support of those affected by the fires. Industry partners generously donated various tools and supplies to Maui contractors that lost everything in the fires. Our Honolulu office banded together to donate everyday essentials and organized a distribution center where the materials were disbursed.

Volunteering Rate for All Employees

“I get true satisfaction out of helping those who need it and feel like I always get way more than I give. I’m very grateful to have the means and ability to help and feel it’s my responsibility to share it.”

– Ariel Miller, one of Swinerton’s top volunteers in 2023

A: Global Reporting Initiative (GRI) Index: Disclosure Topics & Accounting Metrics Statement

Swinerton has reported the information cited in this GRI content index for the 2023 calendar year with reference to the GRI Standards.

2-1 Organizational details

2-2 Entities included in the organization’s sustainability reporting

2-3 Reporting period, frequency and contact point

2-6 Activities, value chain and other business relationships

2-7 Employees

2-9 Governance structure and composition

2-11 Chair of the highest governance body

2-12 Role of the highest governance body in overseeing the management of impacts

2-13 Delegation of responsibility for managing impacts

2-14 Role of the highest governance body in sustainability reporting

2-16 Communication of critical concerns

2-22 Statement on sustainable development strategy

2-25 Processes to remediate negative impacts

2-26 Mechanisms for seeking advice and raising concerns

2-28 Membership associations

2-29 Approach to stakeholder engagement

Pg. 7 - 8

Pg. 7 - 9

Pg. 2

Pg. 5, 7 - 9

Pg. 24 - 25

Pg. 5, 12

Pg. 12

Pg. 12

Pg. 12

Pg. 2

Pg. 12

Pg. 14

Pg. 12 - 13

Pg. 12, 26

Pg. 17, 37, 57

Pg. 13 GRI 3: Material Topics 2021

3-1 Process to determine material topics

3-2 List of material topics

3-3 Management of material topics

201-1 Direct economic value generated and distributed

Indirect

Impacts 2016 203-1 Infrastructure investments and services supported

203-2 Significant indirect economic impacts

Procurement Practices 2016

204-1 Proportion of spending on local suppliers

302-1 Energy consumption within the organization

302-3 Energy intensity

303-5 Water consumption

Pg. 13

Pg. 13

Pg. 13

Pg. 6, 9, 51, 52, 54

Pg. 59 - 60

Pg. 51 - 52, 54, 60

Pg. 54

Pg. 45 - 47

Pg. 45 - 47

Pg. 45, 48 GRI 306: Waste 2020

306-1 Waste generation and significant waste-related impacts

306-2 Management of significant waste-related impacts

306-3 Waste generated

306-4 Waste diverted from disposal

Pg. 43 - 44

Pg. 43 - 44

Pg. 42

Pg. 42

GRI Index

Sustainable Design

Materials

Providing expertise at each phase of the design and build process to reduce impacts on the environment and ensure high levels of building performance. Identifying and developing metrics that can quantify and communicate sustainable design decisions against baseline practices. Providing information to customers, suppliers and employees to guide decision making at all points of the project. Pg. 36, 38 - 41

Understanding and addressing how efficiently and effectively raw material inputs, natural resources, and building materials are utilized. Emphasizing practices optimizing the use of natural resources and utilization of materials that are highly durable, reusable, have high recycled content and/or are recyclable.

Pg. 36, 38 - 40

2023 Sustainability Report

2001 Clayton Road, 7th Floor

Concord, CA 94520

925.602.6400

swinerton.com

We Welcome Your Feedback

Swinerton is proud of our 2023 corporate responsibility efforts. We work hard to integrate socially responsible practices into our business. We aim for the highest standards of corporate governance and environmental stewardship, focus on employee health and safety, and seek to improve local economic and social development. Please contact us at corporateresponsibility@swinerton.com to ask questions and/or to provide input to our company.