Taylor
Morrison's fifth annual Environmental, Social and Governance
(ESG) Report provides more transparency than ever before
SCOTTSDALE, Ariz., July 19,
2023 /PRNewswire/ -- As the call for businesses to
operate with increased sustainability in all aspects of operations
grows, national homebuilder and land developer Taylor Morrison (NYSE: TMHC) today published its
latest, and most impactful, Environmental, Social and Governance
(ESG) Report yet. Organized around three pillars—Building for the
Future, People First, and Transparency and Accountability—the
report encapsulates the Company's advanced ESG strategies and areas
where it aspires to drive meaningful change in the years ahead.
To view Taylor
Morrison's full ESG Report, click here.
"How fortunate are we to arrive at such a pivotal moment in
time, where progress and transparency around ESG principles have
become increasingly important to not only organizations across the
globe, but to consumers, too," said Taylor
Morrison Chairman and CEO Sheryl
Palmer. "The belief in the value-add of operating a business
with ESG principles in mind is growing—as it should—and I can
assure you that Taylor Morrison has
never been more committed to the notion that doing good is good for
business."
Key milestones within the report showcasing Taylor Morrison's transformative ESG journey
include:
- Initial assessment of the Company's Scope 1, 2 and 3 Greenhouse
Gas inventory, which Taylor Morrison
intends to use as a benchmark to refine its long-term carbon
reduction strategy, along with its inaugural alignment with the
Task Force on Climate-Related Financial Disclosures.
- A Board Fellowship Program designed to give under-represented
senior business leaders real-world public board experience that
bolsters their opportunities to secure a formal appointment as a
director in public companies.
- A focus on ethnically diverse homebuyers alongside its
commitment to serving these customers with online solutions that
offer price transparency and designing homes with culturally
diverse principles. Taylor
Morrison's Asian, Latino and Black customers increased from
less than 40 percent of the homebuilder's total buyers two years
ago to the majority of its buyers today, at over 60 percent.
- Expanded disclosure on the racial and ethnic makeup of its
workforce. While the Company is known for its gender diversity and
efforts to prioritize equality, the Company furthered its
diversity, equity, inclusion and belonging (DEIB) initiatives with
the appointment of a dedicated DEIB leader and roadmap.
- The launch of programs to introduce career changers, such as
veterans, and high school and college-age students, to a meaningful
career in construction, and a continuation of its partnership with
the Building Talent Foundation to address the industry's labor
shortage and future skills gap.
- The strengthening of its exclusive partnership with the
National Wildlife Federation (NWF). Taylor
Morrison has protected nearly 8,000 acres of Certified
Wildlife Habitat® within its communities since 2019 while
connecting homeowners to nature through conservation efforts,
monarch butterfly garden installations and the construction of
Nature Play Spaces™.
"When you consider the very nature of homebuilding is centered
around creating communities that flourish, and the countless
suppliers and trade partners who support us across our vast supply
chain, you begin to truly appreciate the phenomenal opportunity we
have to make a resounding impact," added Palmer.
Taylor Morrison's disclosures
align with guidelines published by the Sustainability Accounting
Standards Board (SASB), the Global Reporting Initiative (GRI) and
for the first time this year, the Task Force on Climate-Related
Financial Disclosures. The homebuilder also reports on how its
activities support the United Nations' Sustainable Development
Goals.
About Taylor
Morrison
Headquartered in Scottsdale, Arizona, Taylor
Morrison is one of the nation's largest homebuilders and
developers. We serve a broad range of consumers from coast to
coast, including first-time, move-up and resort-lifestyle
homebuyers and renters under our family of
brands—including Taylor Morrison, Esplanade, Darling Homes
Collection by Taylor Morrison and Yardly. From
2016-2023, Taylor Morrison has been recognized as
America's Most Trusted® Builder by Lifestory
Research.
For more information about Taylor
Morrison, please visit www.taylormorrison.com.
CONTACT: Jaclyn
Gettinger
(480) 376-0641
jgettinger@taylormorrison.com
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SOURCE Taylor Morrison