MASHINIi

MYR Group, Inc..

MYRG.US | Construction of utility projects

MYR Group, Inc. is a holding company for specialty electrical construction service providers. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The T&D segment focuses on the construction, maintenance, and upgrade of electrical transm...Show More

Ethical Profile

Mixed.

MYR Group, Inc. maintains a mixed ethical profile. The company demonstrates commitment to honest business, reporting no regulatory fines in the past three years. It implements an anti-corruption policy, a Code of Ethics, and a whistleblower hotline. Additionally, 87% of its board members are conflict-free. While involved in clean energy and EV charging infrastructure, specific data on broader environmental impact, waste reduction targets, fair pay, worker respect, and community engagement is not publicly available.

Value Scores

Better Health for All-10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect30
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-50
-100100

Better Health for All

-10

The company's principal goods and services, electrical construction, have no significant direct positive or negative health impact on the general public. For mental health, the company offers an Employee Assistance Program (EAP) providing access to confidential services and resources, including up to 6 counselor sessions per year, and expanded medical benefits to include Thriveworks, an extensive mental health network.

1
This indicates basic recognition but limited practical support for mental health needs, primarily for employees. The company's operations do not generate significant health externalities for the general public. While MYR Group provides extensive health and safety training (over 66,450 workhours in 2024) and educational assistance for its employees,
2
these initiatives are focused on internal workforce development and safety, not broader healthcare workforce support or public health education. Similarly, preventative health measures like wellness plans, gym memberships, and no-cost flu shots are offered to employees,
3
not the general public, and do not constitute a core business focus on disease prevention for the wider community.

Fair Money & Economic Opportunity

0

No evidence available to assess MYR Group, Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

30

Approximately 84% of MYR Group's craft employees are members of unions.

1
The company's 2024 Recordable Incident Rate (TRIR) was 0.78, with a Lost Time Rate of 0.10 and a Fatality Rate of 0.00.
2
In 2024, the company reported $0.00 in monetary fines associated with closed OSHA citations.
3
However, in 2002, MYR Group Inc. was indicted for willful OSHA violations resulting in the deaths of two employees in 1999 and 2000, with two counts per company.
4
MYR Group offers a competitive benefits package including low-cost, comprehensive medical, dental, and vision coverage for employees and their families, with medical benefits expanded to include an extensive mental health network and ThrivePass wellness funds.
5
The company has a higher employee turnover rate compared to competitors, and its voluntary turnover rate is around 30-35%.

Fair Trade & Ethical Sourcing

0

MYR Group's Sturgeon Electric achieved 30% diverse-spend goals on the South Terminal Denver International Airport (DIA) in Colorado.

1
The company's Code of Business Conduct and Ethics applies to its employees, officers, and directors, and its Human Rights Policy and Vendor Code of Conduct apply to employees, officers, directors, and partners.
2
However, the percentage of suppliers whose contracts include enforceable ethical-sourcing clauses is not specified. MYR Group expects its partners to determine if their products contain conflict minerals and, if so, to implement a supply chain due diligence process similar to the OECD framework to identify the sources.
3
The company also reviews a vendor's environmental reputation and performance history as part of the evaluation process.
4

Honest & Fair Business

-20

The company reported zero ethics-related regulatory fines in the past three years and zero monetary losses from legal proceedings.

1
It has a whistleblower policy that includes a hotline and website for anonymous reporting, but there is no evidence of independent investigation processes.
2
87% of the board members are free from material conflicts of interest.
3
The company has an anti-corruption policy as part of its Code of Ethics, which includes a hotline and internal audit, but there is no evidence of training frequency or effectiveness metrics.
4

Kind to Animals

0

MYR Group, Inc. is a specialty electrical construction service provider. Its core business model does not involve products, animal testing, animal-derived ingredients, animal husbandry, or animal agriculture.

1
Therefore, most animal welfare-related KPIs are not applicable to the company's operations. There is no evidence of cruelty-free certifications, alternative testing methods, humane certifications for animal operations, ethical alternative ingredient sourcing, animal supplier audits, cage-free sourcing, animal testing policies or volume, R&D investment in animal-free technologies, animal agriculture practices, animal-free research collaborations, or public policy engagement related to animal welfare.
2
While the company's construction projects could potentially impact wildlife habitats, no specific, measurable data on biodiversity impact from conservation initiatives is provided in the articles.
3

No War, No Weapons

0

No evidence available to assess MYR Group, Inc. on No War, No Weapons.

Planet-Friendly Business

0

No evidence available to assess MYR Group, Inc. on Planet-Friendly Business.

Respect for Cultures & Communities

0

No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to Respect for Cultures & Communities.

1
The articles primarily contained financial data, general statements of intent, or lists of documents without specific content details relevant to the rubric's metrics.
2
Information regarding partnerships, grievance mechanisms, and procurement practices did not explicitly address indigenous or local community groups as required by the KPI definitions.
3

Safe & Smart Tech

0

MYR Group's Board of Directors reviews cybersecurity risks at least annually.

1
The company has experienced targeted and non-targeted cybersecurity attacks and incidents in the past that resulted in unauthorized access to information and systems.
2
However, to date, no cybersecurity incident or attack has had a material impact on its business or financial condition.
3
The company maintains cybersecurity insurance.
4
Its Code of Business Conduct and Ethics, approved in October 2023, requires employees to protect passwords and comply with IT Department policies, security, and data protection requirements.
5
The company also provides an Anonymous Incident Reporting System available 24/7.
6
Its privacy policy states that it will not sell, trade, or rent personally identifiable information (PII) to others and collects only PII voluntarily provided by users.
7
Users can opt-out of solicitations and manage cookie preferences.
8
The company may disclose PII to governmental authorities when legally required via a court order or subpoena.
9
The company's IT teams focus on ensuring cybersecurity, implementing technological infrastructure, and enhancing mobility.
10

Zero Waste & Sustainable Products

-50

MYR Group commits to minimizing waste generation and promoting recycling.

1
The company works with recycling companies to remove materials from job sites and salvages and reuses excess materials such as copper, aluminum, and wood.
2
Some offices have recycling programs for paper, plastic, aluminum, glass, laser/toner/inkjet cartridges, and small electronics.
3
The company complies with all hazardous materials laws and regulations, and employees receive HAZWOPER training covering handling, safety, and emergency protocols.
4
No specific waste disposal violations are mentioned in the company's environmental policy, and the provided regulatory records do not list any waste disposal violations.
5
MYR Group expects suppliers to identify and disclose conflict minerals and implement supply chain due diligence processes, but no waste-related requirements for suppliers are mentioned.
6

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.