2023 Sustainability Report
Forging the Future
At Quanta, sustainability is all about creating an enduring positive impact on society. Every day, our crews collaborate with our customers, always putting safety first and accelerating the transition to a carbon-neutral economy. Our focus on people is at the heart of our growth strategy and success. By investing in safety, training, and recruitment programs to meet our customer’s needs, as we grow, so does our positive impact on society.
We are proud to share our progress as we play a leading role in driving the energy transition.
2023 at a Glance
Impact
Impact
$6.2 b
4.3 GW
utility-scale wind, solar and battery storage constructed
$310 M
in emergency restoration services revenues
Environmental
Planet
3.5%
reduction in Scope 1 CO2 emissions intensity (g CO2/USD revenue) YOY
New Initiatives
We purchased and field-tested new models of electric fleet assets and established a new metal scrap recycling program.
Climate Goals
Social
People
20%
15%
decrease in “Stuff That Kills You” (STKY) actual rate YOY
54%
decrease in “Stuff That Kills You” (STKY) actual rate since 2019
Governance
Principles
Increased Supplier Governance
We published our Supplier Code of Conduct, which outlines our supplier expectations, including compliance with our accessibility requirements, environmental priorities, and human rights protection.
Increased Board diversity to
45%
Achieved Emissions Assurance Verification
Forging the Future
Our Climate Goals
100 GW
Big Challenges Call
for Big Commitments.
Building the energy transition is our business.
Here, we are committing to partner with our customers to transform the North American energy sector by building at least 100 GW of renewable energy capacity by 2035 or earlier while reducing the carbon intensity of our operations. To get there, we have identified different levers and set goals that align with our values, the UN SDGs, and key areas across different time horizons.
OUr footprint
Source renewable energy equivalent to 100% of our facilities’ total electricity consumption.
Applicable to Quanta North American operations only
Focus Area
Scope 2 Emissions
Our Values
We are committed to using energy more efficiently and sourcing it more sustainably.
Period
Short-Term Target
Immediate
SDG Alignment
Our Energy Transition Impact
Install at least 100 GW of renewable energy capacity by 2035 or earlier.
Focus Area
Renewable Energy Installed
Our Values
By supporting our customers’ decarbonization ambitions, we are enabling and accelerating the transition to a lower-carbon future.
Period
Medium-Term Target
2021
2035
SDG Alignment
Our footprint
Reduce our Scope 1 CO2 emissions intensity (g CO2/USD revenue) by at least 30% by 2040.
Focus Area
Scope 1 Emissions
Our Values
We are committed to decoupling our carbon emissions from our business growth by investing in low-carbon solutions, such as electric fleet assets.
Period
Long-Term Target
2019
2040
SDG Alignment
Our objective is to stand alongside our customers to address the pressing issue of climate change. Whether it involves constructing renewable infrastructure, increasing the adoption of zero-emission transportation, or enhancing the sustainability of our properties, we are committed to playing our part. Our efforts will include investing in advanced technologies to improve energy efficiency and integrating innovative practices across our operations, fostering a culture of sustainability within our workforce while promoting environmental stewardship in every aspect of our business.
Read the 2023 Sustainability Report to learn more about our climate goal progress.
Our First 25 Years
Built on Grit & Hard Work
The story of Quanta that numbers might tell goes like this: when it went public in 1998, a company with four employees acquired 300 companies in fewer than 30 years, eventually growing to employ more than 50,000 people. But the real story goes much deeper.
D.H. Blattner & Sons is founded by David Henry (D.H.) Blattner under the name D.H. Blattner & Co. Railway Contractors.
Stuart C. Irby founds Stuart C. Irby Company, specializing in wholesale electrical supplies and electrical contracting.
1956
Blattner undertakes complex interstate highway projects for the Minnesota Highway Department.
Woven along thousands of lines and trenches on job sites across the United States, Canada, and Australia, the enduring story is about family legacy, entrepreneurial spirit, outstanding character, and steadfast commitment to each other.
1966
Irby first uses helicopters for power line construction.
Every day for over a hundred years, the family businesses that make up Quanta’s heart and soul have tackled challenges with innovative problem-solving and an unwavering determination never to quit.
1966
Irby first uses helicopters for power line construction.
1967
Blattner works on dam projects.
1970
Herbert L. Fluharty establishes Fluharty Engineering, the company that will eventually become Mears.
1974
Mears expands its service footprint in the Midwest through pipeline engineering.
1977
Irby begins 12 continuous years of work in Miami, Florida, building distribution.
Irby constructs 98 miles of 345 kV transmission in the Alaskan wilderness.
Mears completes crossings over 11,000 feet in length and installs pipe sizes up to 60 inches in diameter including long, complicated intersects.
1997
Mears becomes one of the largest long-haul telecommunication contractors in the country, specializing in rail-plowing and specialized services
1997
Blattner applies its proficiency for earthmoving, structural concrete, and steel erection to the electrical power generation market.
1997
Quanta Services is founded by John Colson, who combines four companies: PAR, Union Power, Trans Tech, and Potelco.
As we celebrate Quanta’s first 25 years, we recognize the hard work and long history of some of Quanta’s largest operating companies, stretching back as far as a hundred years.
Quanta celebrates its initial public offering under the ticker symbol PWR on the New York Stock Exchange.
2000
Irby is acquired by Quanta Services.
2000
Mears is acquired by Quanta Services.
Blattner reaches a cumulative milestone of 20 GW of wind energy installed.
2009
Quanta is added to the S&P 500.
2015
The Quanta Advanced Training Center opens in LaGrange, Texas.
Quanta acquires Northwest Lineman College.
2021
Blattner is acquired by Quanta Services.
We will never lose sight of what got us here—grit, hard work, family, safety, and culture. We will never take this for granted.
2023
Quanta reaches $20.9 billion in annual revenue.
2023
Quanta celebrates the 25th anniversary of its initial public offering.
About the Artist
Steve Driscoll is a 30-year veteran lineworker and self-taught artist from Eastern Ontario, Canada. “I wanted to produce something that conveys our pride and skill in maintaining the power supply,” he says. This artwork captures that desire.
About Us
Quanta Services is the leading specialty contractor with the largest and most highly trained workforce in North America — providing fully integrated infrastructure solutions for the electric power, underground utility, and communications industries. The company’s geographic footprint spans the United States, Canada, and Australia, and its network of companies ensures world-class execution with local delivery.
Who is Quanta?
Quanta’s comprehensive services throughout North America and Australia include designing, installing, repairing, and maintaining energy and communications infrastructure that helps enable the carbon-neutral grid of the future.
Leadership
Quanta Services was built through a history of strong, innovative, and entrepreneurial leaders.