Sterling Construction Company, Inc. (Sterling Infrastructure)

Industries Capital Goods
Subsidiaries Texas Sterling Construction Co., Road and Highway Builders, LLC, Drake LLC, Kimes & Stone Construction, LLC, Alpha Boring and Tunneling, LLC

Rating Overview

Risk Rating: Medium

Sterling Construction Company, Inc. (Sterling Infrastructure) is Medium Risk.

Sterling Infrastructure, Inc. is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. The company occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Medium Risk
Discriminatory Philanthropy Lower Risk
Employment Protection High Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Medium Risk
Funding Lower Risk
Political Actions No Data

Corporate Governance and Public Policy

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Medium

Rationale:

Sterling Infrastructure integrates ESG into its business practices. From its Supplier Code of Conduct: “If requested by Sterling, Supplier may be asked to provide additional information to ensure
adherence to this Code. Requests may include, but are not limited to, information on social and environmental practices, social and environmental self-assessments, product content details and
specifications, environmental metrics and performance targets (e.g., greenhouse gas emissions, water use), social metrics and performance targets (e.g., labor hour data, wage information, injury rates), and information management system certifications” (1). The company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (2).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

Sterling Infrastructure does not appear to discriminate against charitable organizations based on views or beliefs (1).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

High

Rationale:

Sterling Infrastructure appears to prioritize diversity over merit in its leadership composition. From its 2024 Proxy Statement: “Although we do not have a formal diversity policy, we continue to focus on diversity as an important factor
in determining the composition and make-up of the board and board diversity is a consideration in making nominee recommendations and filling board vacancies. During the recruitment and evaluation of the suitability of current directors and potential director nominees, the governance/nominating committee considers the diversity of directors and nominees as one consideration among many. To achieve diversity among directors, the governance/nominating committee considers a number of demographics, including, but not limited to, race, gender, ethnicity, culture, nationality and age” (1). The company does not provide viewpoint protections for its employees (2).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

Sterling Infrastructure supports ESG within its business practices. From its 2025 Sustainability Report: “Our commitment to ESG principles goes beyond compliance; it fosters meaningful shareholder and stakeholder engagement, drives innovation and accelerates growth” (1). Otherwise, the company has not supported ideological causes or policies (2).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Sterling Infrastructure has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

N/A

Rationale:

Sterling Infrastructure does not operate a PAC or engage in lobbying at this time (1)(2)(3).