Taylor Morrison Highlights Sustainability and Inclusion in 7th Annual Report
Taylor Morrison Home Corporation (NYSE: TMHC), recognized as America’s Most Trusted® Home Builder, has released its seventh annual Sustainability and Belonging Report, reaffirming the company’s dedication to sustainable development, transparent governance, and inclusive business practices. This year’s edition marks a significant leap in engagement with the introduction of its first-ever online interactive version, which allows stakeholders and the general public to easily navigate key themes using a clickable menu interface—enhancing accessibility, transparency, and user experience.
At the heart of this year’s report is a reflection on Taylor Morrison’s evolution into a purpose-driven organization that prioritizes environmental stewardship, social equity, and ethical governance. The company has embedded corporate responsibility into the core of its operations, ensuring long-term value for homeowners, investors, employees, and communities across the U.S.
Sustainability is the foundation of our resilience as an organization, influencing every area of our business and guiding us through any market condition,” said Sheryl Palmer, Chairman and CEO of Taylor Morrison. “As we mark our seventh year of reporting on our corporate responsibility initiatives, I’m inspired by our team’s continuous progress to build a more sustainable future and their unwavering commitment to fostering a true sense of community in neighborhoods nationwide.”
A First: Materiality Assessment to Drive Strategic Action
For the first time in its reporting history, Taylor Morrison conducted a comprehensive materiality assessment to evaluate the significance of various environmental, social, and governance (ESG) topics based on input from internal and external stakeholders. This assessment, which included interviews, surveys, and data analysis, will shape the company’s ESG strategy and reporting frameworks going forward.
By identifying and prioritizing key sustainability-related issues and climate-related risks and opportunities, the builder is better equipped to align its efforts with stakeholder expectations, regulatory trends, and long-term resilience goals. The results of this assessment will directly influence decisions around energy efficiency, emissions reduction, biodiversity, workforce development, and more.
Greenhouse Gas (GHG) Emissions and Enhanced Reporting Practices
Taylor Morrison continues to sharpen its focus on understanding and mitigating its environmental impact. The 2024 report reveals significant improvements in the company’s greenhouse gas inventory, particularly within its Scope 3 emissions, which include indirect emissions from upstream and downstream activities.
The company added two relevant Scope 3 categories this year, demonstrating deeper value chain analysis. Through enhanced data collection, vendor collaboration, and internal initiatives to improve data quality, Taylor Morrison has built a more robust and transparent emissions profile. These efforts align with stakeholder calls for credible, science-based reporting and position the company for future regulatory compliance and industry leadership.
Advancing Energy Efficiency in Homes
Taylor Morrison homes now consume 47% less energy on average compared to the benchmark established by the Home Energy Rating System (HERS®) for new homes. The average Taylor Morrison home achieved a HERS score of 53, significantly outperforming the score of 100 for a home built to 2006 energy efficiency standards.
This metric reflects major progress in reducing operational GHG emissions through improved home design, materials, and construction practices. The company’s approach integrates energy-efficient HVAC systems, insulation, smart home technologies, and solar-ready infrastructure—reducing environmental impact while providing tangible savings for homeowners.
Biodiversity Conservation and Land Stewardship
Taylor Morrison has further strengthened its exclusive partnership with the National Wildlife Federation (NWF), emphasizing ecological responsibility through habitat preservation and biodiversity education.
Since the launch of this partnership in 2019, Taylor Morrison has created more than 150 Certified Natural Open Spaces™ and helped protect over 9,200 acres of Certified Wildlife Habitat®. These initiatives aim not only to safeguard regional ecosystems but also to promote native plant use and engage local communities and homeowners in long-term conservation practices.
The company’s developments now routinely incorporate nature-based solutions and landscaping strategies that preserve native flora and fauna—helping to reduce irrigation needs, support pollinators, and create thriving green spaces for future generations.
Resilient Construction and Homeowner Affordability
Sustainability is not limited to environmental metrics—it also encompasses resilience and homeowner well-being. Taylor Morrison has intensified its focus on climate-resilient construction, employing materials and techniques designed to withstand extreme weather events and changing climate conditions.
This proactive approach has led to tangible benefits for customers, including lower average insurance premiums. By investing in homes that are both energy-efficient and structurally resilient, the company delivers long-term value and peace of mind to its buyers.
Workplace Belonging and Inclusive Leadership
Taylor Morrison continues to advance its inclusive culture through programs that prioritize belonging, representation, and opportunity. The company’s training and development initiatives ensure employees at every level are equipped to serve a diverse consumer base and contribute to a healthy, collaborative workplace.
This year’s report highlights Taylor Morrison’s efforts to create equitable access to career development, supplier opportunities, and community engagement initiatives. Leadership remains focused on reducing disparities, encouraging innovation, and cultivating talent from all backgrounds.
“Diversity and inclusion aren’t separate from our business—they’re central to our ability to succeed,” said Palmer. “We recognize that creating a culture of belonging empowers our teams to be more innovative, agile, and responsive.”
Transparent Global Reporting and External Recognition
Taylor Morrison continues to align its disclosures with leading sustainability frameworks, including:
- Sustainability Accounting Standards Board (SASB)
- Global Reporting Initiative (GRI)
- United Nations Sustainable Development Goals (SDGs)
- Task Force on Climate-related Financial Disclosures (TCFD)
In 2024, the company submitted its first-ever response to CDP (formerly the Carbon Disclosure Project), reflecting its increased transparency around climate-related risks, governance, and mitigation strategies.
This enhanced disclosure helps Taylor Morrison meet stakeholder demands and secure its place among peers as a trusted and responsible builder.
The company’s progress has earned widespread recognition. Taylor Morrison has been featured on Newsweek’s list of America’s Most Responsible Companies since 2022 and America’s Greenest Companies since 2023—a testament to its consistent leadership and innovation in ESG practices.
