National homebuilder's latest report provides
greater transparency into company operations
SCOTTSDALE, Ariz., July 31,
2024 /PRNewswire/ -- America's Most Trusted® Home
Builder Taylor Morrison today
published its sixth annual report on corporate sustainability, now
called the Sustainability and Belonging Report, highlighting the
company's commitment to corporate responsibility through
sustainable business practices, an inclusive culture and work
environment, and operational transparency for all stakeholders. As
Taylor Morrison expands upon its
reporting each year, this latest report provides greater insight
and transparency into how the homebuilder is driving meaningful
change and further integrating sustainability into its
operations.
To view Taylor
Morrison's Sustainability and Belonging report, visit:
https://investors.taylormorrison.com/sustainability/default.aspx
"In our sixth year detailing Taylor
Morrison's corporate responsibility initiatives, we've
realized that Sustainability and Belonging fully capture the ideals
we hold dear as a business and resonate with our guiding
principles, reflecting this report's new name," said Taylor Morrison Chairman and CEO Sheryl Palmer. "We remain steadfast that
operating sustainably, building belonging and holding ourselves
accountable is core to who we are as a homebuilder and we are
always mindful of our enduring role in creating communities that
leave lasting impressions."
Key milestones within the Sustainability and Belonging Report
showcasing Taylor Morrison's
transformative corporate responsibility journey include:
- A more robust assessment of the Company's carbon footprint,
spanning additional emissions categories to provide a more complete
inventory of Taylor Morrison's scope
1, 2, and 3 greenhouse gas emissions.
- A 10 percent improvement in Taylor
Morrison's average Home Energy Rating System (HERS®) score
since 2020, reflecting progress in increasing energy efficiency and
reducing operational greenhouse gas emissions of Taylor Morrison's homes. Taylor Morrison reported an average home score
of 57, compared to 100 for a typical home built to 2006 energy
efficiency standards.
- Continued focus on protecting biodiversity and wildlife in
communities while educating homeowners on conservation efforts
through an exclusive partnership with the National Wildlife
Federation (NWF). Since 2019, Taylor
Morrison has installed 100 certified monarch butterfly
gardens and protected nearly 9,000 acres of Certified Wildlife
Habitat®.
- Enhanced tools to make purchasing a Taylor Morrison home more accessible for the
Company's increasingly diverse customer base, including a new
language services platform, pricing transparency on the digital
home reservation system and floor plans with inclusive design
principles, such as Vatsu Shastra or Feng Shui.
- Developing a greater culture of belonging by promoting
teamwork, civility and respect with subcommittees and employee
leadership in each division.
- Continued leadership in gender diversity across all areas of
business. In a traditionally male-dominated industry, Taylor Morrison boasts an equal male-to-female
ratio on its board of directors, the highest in the industry, and
an overall workforce comprised of 44 percent women, four times the
construction industry average of 11 percent according to the U.S.
Bureau of Labor Statistics.
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).
Taylor Morrison also holds several
national accolades for its commitment to sustainability, including
Newsweek's America's Most Responsible Companies since 2022 and
America's Greenest Companies since 2023.
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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