Shareholders in Granite Construction claim that the company isn’t following its own environmental standards.
A group of shareholders claim that the company spearheading a controversial quarry in the Wasatch foothills isn’t living up to its own environmental standards and have submittedbuild a 20-acre mine in Parleys Canyon since Jan. 2022 “The proposal is a worthwhile attempt to get people who say they are committed to principles about the environment to stand by them,” said Spencer Shaver, executive director ofasked the U.S. Securities and Exchange Commission to allow the company to exclude the shareholders’ proposal, Granite’s board of directors argued that the company has already addressed their concerns and that the I-80 South Quarry project aligns with the company’s environmental and community engagement goals.
Granite contends that Salt Lake City needs the quarry for construction aggregate materials, like gravel, to sustain population growth on the Wasatch front. The company argues that failing to construct a local source of aggregates would lead to importing the materials from other states, increasing emissions and fuel usage as they are trucked into Utah.. The company donated $5,500 to the Utah Republican Senate Campaign Committee and $5,000 to the Utah House Republican Election Committee in 2022.