Better Health for All

Shimmick's core business involves water and wastewater treatment infrastructure, which aims to ensure access to clean and safe drinking water, protect public health, and reduce waterborne diseases.

Projects also include seismic strengthening of bridges to improve public safety and the addition of dedicated bike lanes and pedestrian walkways to promote alternative transportation. The company reported a 2024 average rate of recordable incidents of 1.06 per 100 employees, a 34% reduction from 2023, which is lower than the 2023 industry average of 2.3 per 100 employees. Shimmick partners with Small Businesses and various disadvantaged business enterprises, and has an outreach program including a mentor-protégé program, but does not provide quantitative data on the percentage of vulnerable populations reached. The company has a Small Business and Supplier Diversity Program, but lacks specific funding or impact evaluation details. Shimmick offers employee wellness programs, health education, and coaching, and emphasizes a prevention-focused approach to safety with proactive measures and training. All salaried staff and field supervisors complete a minimum of 12 core safety training courses. The company's operations aim to reduce emissions and protect the environment, but specific health externalities are not quantified. Shimmick does not collect or manage health-related data, nor does it hold healthcare-related patents or intellectual property. The company's R&D and innovation are not explicitly focused on health-related outcomes.

Fair Money & Economic Opportunity

Shimmick Corporation is a construction company, and the 'Fair Money & Economic Opportunity' value primarily assesses financial institutions. The company does not offer lending, deposit, or other consumer financial products.

Therefore, all KPIs related to financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (in a financial context), wealth building outcomes, financial literacy initiatives, debt burden ratio, geographic inclusion (for financial services), and product simplicity (for financial products), are not applicable. The company does not generate or manage customer finance data, making data accessibility not applicable in the context of financial services. While Shimmick was served with a Civil Investigative Demand from the Department of Justice in November 2023 regarding an investigation into false claims for work not performed on a U.S. Army Corps of Engineers project, no claims have been asserted, and this does not directly relate to discriminatory or unfair lending practices as defined by the fair lending compliance KPI.

Honest & Fair Business

Shimmick Corporation maintains an ethics hotline (833) 723-2022, available 24/7, for employees to report incidents confidentially and anonymously.

The company also provides email and direct reporting options to management or the Chief Legal Officer, and has a stated 'No Retaliation' policy for good faith reports. In terms of financial reporting, the company reported a $23 million reduction to revenue and a $7 million adjustment to the forward loss reserve in Q2 2024 due to a settlement on a Legacy Loss Project. This constitutes one restatement. Shimmick has a Code of Business Conduct and Ethics that prohibits bribery, including illegal payments to government officials, and requires employees to contact the Legal Department when dealing with government officials. The Code applies to all employees, officers, and directors, and is subject to periodic review, at least annually, by the Audit Committee.

No War, No Weapons

No specific, concrete data points were found in the provided articles to assess Shimmick Corporation against the defined KPIs for the 'No War, No Weapons' ethical value. The company's core business is heavy civil engineering projects, such as water infrastructure, climate resilience, transportation systems, and energy transition facilities.

While one article mentions "military infrastructure" as part of "Other Critical Infrastructure," it does not specify revenue derived from such projects or indicate any involvement in arms manufacturing or direct defense contracts. The Chickamauga Lock project, mentioned in relation to Shimmick, is a civil infrastructure project. Therefore, all KPIs related to this value are omitted due to a lack of direct, quantifiable evidence.

Planet-Friendly Business

Shimmick Corporation does not have publicly available carbon emissions data for the most recent year, nor does it have specified reduction targets or initiatives outlined in its climate commitments.

No quantifiable information is provided regarding the company's renewable energy usage, water consumption, waste diversion rates, green building certifications, or any other specific environmental performance metrics. The available articles focus on financing, general business operations, and worker safety violations, rather than environmental stewardship or climate-related disclosures.

Respect for Cultures & Communities

The company has no reported cultural appropriation incidents.

Shimmick's Safety, Health, and Environmental (SH&E) program includes specific guidelines to protect people and the environment and minimize impacts of construction activities. The company provides multiple learning solutions, including diversity and inclusion training, but does not specify cultural sensitivity components or completion rates for these trainings.

Zero Waste & Sustainable Products

No specific quantitative data is available in the provided articles to assess Shimmick Corporation against the 'Zero Waste & Sustainable Products' ethical value. While a sustainability report mentions a commitment to responsible building practices and environmental stewardship, it explicitly lacks the detailed quantitative data required for evaluation against the specified metrics, such as waste diversion rates, product recyclability percentages, or recycled content.

There is also no data on zero waste certification or waste disposal violations.