Taylor Morrison Home Corporation (NYSE: TMHC) announced today – Earth Day – the release of its first corporate responsibility report as a demonstration of its commitment to integrating sustainable values into all aspects of its business. The report is intended to showcase in a single format how the company makes corporate responsibility core to its business.
The report references the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) standards in several instances spanning environmental, social and governance performance indicators. The report signals a significant advance in the company's ESG reporting and transparency efforts.
"The release of our first corporate responsibility report is a significant milestone in Taylor Morrison's century-long history," said chairman and CEO Sheryl Palmer. "Through incorporating globally recognized reporting standards in our company's narrative, our past achievements and opportunities for future growth emerged. We will continue to build on our industry leadership in gender equality, habitat stewardship, corporate governance and volunteer service while setting ambitious goals and consistently evaluating and reporting our performance."
Detailing the company's performance from 2016-2018, highlights from the report include:
In the report, Palmer describes a vision for continuous improvement in building a workforce with more ethnic diversity and thought leadership from more diverse fields. Through its partnership with NWF, the company has set two goals for 2019: to meet Certified Wildlife Habitat™ standards in at least one community in each division; and by taking the Monarch Pledge, committing to plant native milkweed and provide necessary elements for at least one butterfly garden in model home parks and community open space in each division.