MASHINIi

Quanta Services Inc.

PWR.US | Construction of other civil engineering projects

Quanta Services, Inc. is a leading specialty contractor providing infrastructure solutions for the electric power, pipeline, industrial, and communications industries. The company operates through two segments: Electric Power Infrastructure Services and Pipeline and Industrial Infrastructure Service...Show More

Ethical Profile

Mixed.

Quanta Services (PWR.US) shows a mixed ethical record. The company conducted over 1,500 ethics training sessions for 95% of its workforce in 2024, underscoring a commitment to honest business and anti-corruption. Environmentally, Quanta aims to install 100 GW of renewable energy capacity by 2035, having built 4.9 GW of wind, solar, and battery projects in 2022. However, it also services natural gas systems. Workforce safety saw a 16% reduction in its 'Stuff That Kills You' (STKY) rate. Critics note a lack of public disclosure on ethical sourcing in its supply chain, and reports suggest an above-average packaging-to-product ratio despite 60% waste diversion in 2023.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business30
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities40
-100100
Safe & Smart Tech-40
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

Quanta Services' core operations involve providing infrastructure solutions, which do not directly pertain to healthcare services. The company's efforts in renewable energy infrastructure, while contributing to reduced air pollution and climate change mitigation, are explicitly excluded from this value category as they fall under environmental pollution control. Similarly, the company's focus on workforce health and safety is excluded as it pertains to worker respect. In 2022, the company reduced its 'Stuff That Kills You' (STKY) actual rate by 16% year-over-year.

1
As such, the company's activities have no direct positive or negative health impact relevant to this value. Quanta Services does not offer health-related products or services, engage in health innovation, collect health data, or conduct clinical trials, making most other KPIs not applicable.

Fair Money & Economic Opportunity

0

Quanta Services Inc. is a specialty contractor providing infrastructure solutions, not a financial institution.

1
The company does not offer lending or deposit services to consumers, nor does it have APRs, fee structures, or revenue from high-cost financial products.
2
It does not manage customer financial data, is not regulated as a lender, and does not provide debt products to consumers.
3
While Quanta engages in general diversity and inclusion, supplier diversity, community impact spending, and offers financial planning workshops to employees, these activities do not align with the specific definitions of the financial services-focused KPIs in this rubric, which are designed for direct financial product offerings and their impact on customers.
4

Fair Pay & Worker Respect

0

The company had 10 substantiated labor-law or human-rights violations in the past three years, comprising 9 sexual harassment complaints from 2022-2024 and 1 labor standards violation in 2025.

1
The voluntary employee turnover rate was 63.58% in 2024.
2
The lowest male-to-female employee salary ratio for annual salary among senior management was 0.80 in 2024, indicating that women in these roles earned 125% of what men earned.
3
Employee satisfaction at one site (QCMC) was 95.47%.
4
As of December 31, 2024, 32% of employees were covered by collective bargaining agreements.
5

Fair Trade & Ethical Sourcing

0

No specific, quantifiable data points were provided in the articles to assess Quanta Services Inc. against the defined KPIs for Fair Trade & Ethical Sourcing. explicitly states that the company has not publicly disclosed specific details about its adherence to fair trade or ethical sourcing values in its supply chain management practices.

1
While mentions a 2023 Sustainability Report outlining a commitment to ethical sourcing and adherence to labor and environmental standards, it does not provide any specific metrics or figures.
2

Honest & Fair Business

30

Quanta Services demonstrates strong governance with 90% of its current directors determined to be independent, excluding the CEO, as per NYSE corporate governance standards.

1
The company maintains a robust whistleblower program, featuring a non-retaliation policy, confidentiality, and multiple reporting channels, including a 24/7 anonymous Ethics Helpline managed by an independent third-party and available in multiple languages.
2
Reports are promptly investigated, and the Chief Compliance Officer communicates directly with the Board of Directors regarding violations.
3
In 2024, over 1,500 ethics training sessions reached approximately 95% of the workforce.
4
Quanta also enforces a comprehensive 'Zero Tolerance for Corruption' policy, prohibiting all forms of bribery, fraud, and illegal payments, including facilitation payments (with Chief Compliance Officer approval).
5
This policy requires due diligence for third parties, especially those dealing with governments, and applies to all employees, subsidiaries, and business partners.
6
The Audit Committee oversees the compliance program, and its implementation and effectiveness are regularly reviewed.
7
The company reported zero cases related to anti-competitive behavior or any fines resulting from such violations.
8

Kind to Animals

0

Quanta Services Inc. is an infrastructure services company, meaning most KPIs related to product-based animal welfare, animal testing, animal husbandry, or animal agriculture are not applicable. While the company offers environmental analysis and compliance services

1
, integrates environmental planning into projects
2
, undertakes environmental assessments for initiatives like the SunZia Transmission and Wind Project to minimize wildlife habitat disruptions
3
, and expands disclosures on biodiversity in its 2022 Sustainability Report
4
, the provided articles do not offer specific, measurable biodiversity impact metrics (e.g., species recovery, habitat restoration metrics) or the percentage of revenue invested in conservation initiatives. Therefore, the 'wildlife_conservation_impact' KPI is omitted due to a lack of quantitative evidence.

No War, No Weapons

0

Quanta Services maintains a civilian infrastructure focus without direct military involvement.

1
Its engagements with the U.S. Federal Government are for civilian infrastructure projects, indicating no defense or arms-related activities in its core business.
2
This also implies no exposure to any weapons, controversial or otherwise. Consequently, there is no defense business for the board to oversee.

Planet-Friendly Business

0

Quanta Services achieved 100% renewable energy coverage through Renewable Energy Certificates (RECs) in 2023.

1
As a specialty contractor providing infrastructure solutions, KPIs related to product lifecycle impact, recycled material to virgin ratio, packaging CO2 reduction, and deforestation policy implementation are not applicable to its business model.

Respect for Cultures & Communities

40

Quanta Services has established a partnership with 24 First Nation communities for the Wataynikaneyap Power LP project.

1
This project is also majority-owned by a partnership of these 24 First Nation communities.
2
On the Northern Gas Interconnect (NGI) pipeline project, a Quanta Services Australia operating company collaborated with Traditional Owners to ensure the protection and recognition of cultural heritage material and places.
3
No specific cultural appropriation incidents have been reported.
4

Safe & Smart Tech

-40

A critical firmware vulnerability, "Pantsdown" (CVE-2019-6260) with a CVSS score of 9.8, was disclosed to Quanta Services in October 2021

1
and was still discussed as a significant threat in a May 2022 article,
2
implying it remained unpatched for over 90 days. In contrast, Quanta Services successfully obtained ISO 27001 certification in Q2 2022,
3
completed the ISO 27001:2022 transition,
4
and expanded its scope to include all information systems,
5
with the certificate valid until May 2025.
6
The company also adheres to regulatory cyber compliance requirements, including Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and other federal mandates for Department of Defense (DoD) projects.
7
It performs regular self-assessments based on the "Guideline of Cyber Security Management for TWSE/TPEx Listed Companies"
8
and is preparing for the DoD's Cyber Security Material Model Certificate (CMMC) requirement by 2026.
9

Zero Waste & Sustainable Products

-30

In 2024, Quanta Services diverted 98.64% of its total waste from landfills.

1
The company extensively incorporated recycled plastics with content ranging from 30% to 85% into key components.
2
Quanta has implemented a formal process for managing and recycling scrap and surplus materials from major projects, collaborates with customers and contractors to recover and recycle excess construction materials, and optimizes packaging design to minimize volume. However, the company is not reducing the production of hazardous waste.
3
although no manufacturing sites had any records of violating environmental regulations in 2024.
4
Quanta has a general commitment to reducing waste but lacks specific, quantitative waste reduction targets with timelines.

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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.