DALLAS,
Dec. 27,
2023 /PRNewswire/ -- Landsea Homes Corporation
(Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly
traded residential homebuilder, today published its first
environmental, social and governance (ESG) report, which details
the Company's ongoing environmental and sustainability initiatives
as well as diversity, equity, and inclusion efforts.
The principles of sustainability have been
embedded in Landsea Homes' approach to business since the
completion of its very first home nearly a decade ago. There are
four key pillars of focus for Landsea Homes' sustainability
program: Governance, Our Team, Social Responsibility and
Environmental Sustainability.
Landsea Homes has aligned its reporting with the
Sustainability Accounting Standards Board (SASB) Standards for the
Home Builders industry and the United Nations Sustainable
Development Goals.
"Since our founding, sustainability has been one
of our guiding principles and highest priorities. Our commitment to
acting with integrity, supporting our team, building thriving
communities, and exercising environmental stewardship have long
been embedded within strategic planning across our business
operations to create long-term value for our stakeholders," said
John Ho, Chief Executive Officer,
Landsea Homes. "Each year, we strive to improve and increase our
implementation of the latest sustainable innovations to provide our
homebuyers with cutting-edge designs, a healthier lifestyle, and
best-in-class, energy-efficient homes."
Key highlights from Landsea Homes' ESG Report
include:
Governance
- Landsea Homes drives positive social impact through its
commitment to provide quality, affordable and financially
accessible homes and to strengthen the communities where it builds
and operates.
- The Landsea Homes Board works closely with its management
team to oversee sustainability and ESG at the Company, both
directly and through its standing committees for priority areas of
the program associated with their respective areas of
responsibility.
- Various tools are in place to monitor and protect Landsea
Homes' data security. The Company's implemented Cybersecurity
Awareness Policy provides the framework for Landsea Homes users'
required training on how to identify and prevent the risks of
cybersecurity threats.
Our Team
- Landsea Homes aims to enrich its team by providing a positive
environment in which employees can expand their skills, grow toward
their goals and achieve more together.
- Benefits include competitive salaries and comprehensive
benefits packages including health insurance benefits, a retirement
plan, vacation days and sick leave, among others.
- The Company supports its employees' mental health through an
Employee Assistance Program and partnerships providing employee
access to online mental health resources.
- Employees and management are actively trained in workplace
safety and related laws and regulations, as well as harassment
prevention training.
- The team is comprised of a highly talented employee base,
including people of all ages, stages and backgrounds of life.
Social Responsibility
- Since 2020, Landsea Homes has expanded its footprint to
Florida, Texas, Colorado, and Arizona and broadened its portfolio to include
more affordable and financially accessible housing options.
- Through the Company's philanthropic giving and employee
volunteerism, Landsea Homes partnered with HomeAid America to
help renovate housing for the unhoused by providing home
furnishings, roofing and flooring, and plumbing and electrical
fixtures.
- Beginning in 2023, Landsea Homes added paid volunteer time
off of up to 16 hours to its list of employee benefits.
Environmental Sustainability
- Landsea Homes places strong emphasis on environmental
protection and is committed to delivering comfortable and
eco-friendly residential properties to the market.
- The Company's High Performance Homes are responsibly designed
to make life easier and provide energy savings that allow for more
comfortable living at a lower cost through sustainability features
focused on water conservation, home management, clean air and
energy efficiency.
- The executive Investment Committee reviews the environmental
risk of land acquisitions and any necessary risk mitigation efforts
as well as site and development plans.
- Prior to site development, Landsea Homes checks for the
presence of wildlife habitats within the construction area and if
detected, implements a capture and release plan where they are
relocated and will not be disturbed.
You can download the full Landsea Homes ESG
Report here:
https://landseahomes.com/environmental-social-and-governance/.
About Landsea Homes Corporation
Landsea
Homes Corporation (Nasdaq: LSEA) is a publicly traded
residential homebuilder based in Dallas,
Texas that designs and builds best-in-class homes and
sustainable master-planned communities in some of the nation's most
desirable markets. The company has developed homes and communities
in New York, Boston, New
Jersey, Arizona,
Colorado, Florida, Texas and throughout California in Silicon Valley, Los Angeles, and Orange County. Landsea
Homes was named the 2022 winner of the prestigious Builder of the
Year award, presented by BUILDER magazine, in recognition of a
historical year of transformation.
An award-winning homebuilder that builds
suburban, single-family detached and attached homes, mid-and
high-rise properties, and master-planned communities, Landsea Homes
is known for creating inspired places that reflect modern living
and provides homebuyers the opportunity to "Live in Your Element."
Our homes allow people to live where they want to live, how they
want to live – in a home created especially for them.
Driven by a pioneering commitment to
sustainability, Landsea Homes' High Performance Homes are
responsibly designed to take advantage of the latest innovations
with home automation technology supported by Apple®. Homes include
features that make life easier and provide energy savings that
allow for more comfortable living at a lower cost through
sustainability features that contribute to healthier living for
both homeowners and the planet.
Led by a veteran team of industry professionals
who boast years of worldwide experience and deep local expertise,
Landsea Homes is committed to positively enhancing the lives of our
homebuyers, employees, and stakeholders by creating an unparalleled
lifestyle experience that is unmatched.
For more information on Landsea Homes,
visit: www.landseahomes.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/landsea-homes-launches-first-environmental-social-and-governance-report-302022607.html
SOURCE Landsea Homes