National homebuilder recognized for
advancements in managing its sustainability footprint
SCOTTSDALE, Ariz., Oct. 28,
2024 /PRNewswire/ -- For the second consecutive
year, America's Most Trusted® Home Builder Taylor
Morrison (NYSE: TMHC) has been recognized for its sustainability
efforts with inclusion on Newsweek's 2025 America's Greenest
Companies list. The list highlights U.S. companies focused on
reducing their environmental impact in areas such as greenhouse gas
emissions, water management and waste reduction.
Taylor Morrison scored four stars out of a five-star rating and
was one of four homebuilders included among the 500 companies on
the 2025 list.
"We are always mindful of our special role as a builder of
communities and the significant responsibility that comes with that
in managing our environmental impact," said Taylor Morrison
Chairman and CEO Sheryl
Palmer. "Whether it's refining our understanding of our
carbon footprint, implementing new sustainability programs, or
providing improved transparency into our operations, the Taylor
Morrison team is collectively committed to building a more
sustainable future."
This summer, Taylor Morrison released its sixth annual
Sustainability and Belonging Report, highlighting the Company's
commitment to corporate responsibility with greater transparency to
its sustainable business practices. Key environmental strategies
and achievements over the past year include:
- A more robust assessment of scope 1, 2 and 3 greenhouse gas
emissions, providing a better understanding of the Company's
carbon footprint and sources and magnitude of emissions.
- A 10 percent improvement in Taylor Morrison's average Home
Energy Rating System (HERS®) score since 2020,
indicating improvement in homes' energy efficiency and reduced
greenhouse gas emissions.
- The implementation of new waste management programs as
Taylor Morrison explores partnerships to increase its recycling of
various building materials. In 2023, the Company began a concrete
recycling program which helped recycle more than 3 million pounds
of concrete across several divisions, with hopes to expand
nationally.
- Water conservation efforts including installing water-efficient
recirculation pumps and WaterSense®-certified
faucets and fixtures in Taylor Morrison homes. The Company uses
Moen-Eco-Performance showerheads and faucets, which
contribute to Moen's 2030 goal of saving one trillion gallons of
water.
- Continued focus on safeguarding natural open spaces, promoting
biodiversity and educating homeowners on conservation efforts in
communities through an exclusive partnership with the National
Wildlife Federation (NWF). Taylor Morrison also participates in
NWF's Monarch Pledge, installing permanent butterfly gardens and
native plants in communities, which require less water and support
songbirds, pollinators and beneficial insects.
- Sustainable site selection and development practices as well as
a robust environmental assessment of all land acquisition
opportunities, which considers wildlife and biodiversity,
environmental impacts, wetlands, flood risk, water availability and
protection, and waste management.
- Building Taylor Morrison homes with innovative and sustainable
features such as ENERGY STAR® kitchen appliances,
smart thermostats and LED lighting; high-efficiency HVAC systems
and gas furnaces; and energy-efficient insulation and roof
barriers. Taylor Morrison also continues to develop long-term
relationships with suppliers who are committed to reducing the
carbon of their products, increasing the utilization of recycled
materials and conserving natural resources.
- Taylor Morrison's disclosures align with the material topics
highlighted by the Sustainability Accounting Standards Board
(SASB), the Global Reporting Initiative (GRI), the
United Nations' Sustainable Development Goals (SDGs) and the
Task Force on Climate-Related Financial Disclosures
(TCFD).
"It's a more vital time than ever to make an impact through our
environmental stewardship as an organization and we strive to push
forward in advancing our sustainability practices every day," said
Taylor Morrison Director of Sustainability Chad Eby. "Over the past year, we've
developed a more standardized sustainability strategy that
prioritizes our responsibility to the planet and delivers for all
our stakeholders."
Newsweek partnered with market data research firm Plant-A
Insights Group and analytics provider GIST IMPACT to determine
America's Greenest Companies, which recognizes the top 500
companies in the United States
based on environmental sustainability. Companies were evaluated and
scored on more than 25 parameters based on the categories of
greenhouse gas emissions, water usage, waste generation, and
sustainability data disclosure and commitments.
In addition to being named one of America's Greenest Companies
by Newsweek, Taylor Morrison has earned several additional
accolades including U.S. News & World Report's Best Companies
to Work For list, America's Most Responsible Companies list by
Newsweek, inclusion on the Bloomberg Gender-Equality Index (GEI)
for five years, America's Most Trusted® Home Builder for nine
years, Hearthstone's 2021 BUILDER Humanitarian Award, and inclusion
on the Fortune 500 list since 2021.
About Taylor Morrison
Headquartered
in Scottsdale, Arizona, Taylor Morrison is one of
the nation's leading homebuilders and developers. We serve a wide
array of consumers from coast to coast, including first-time,
move-up, luxury and resort lifestyle homebuyers and renters under
our family of brands—including Taylor Morrison, Esplanade,
Darling Homes Collection by Taylor Morrison and Yardly.
From 2016-2024, Taylor Morrison has been recognized as
America's Most Trusted® Builder by Lifestory
Research. Our strong commitment to sustainability, our communities
and our team is highlighted in our latest
annual Sustainability and Belonging Report.
For more information about Taylor Morrison, please
visit www.taylormorrison.com.
CONTACT: Erin Kristick
(480) 840-8108
ekristick@taylormorrison.com
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SOURCE Taylor Morrison