KB Home Publishes Industry-Leading 11th Annual Sustainability Report
April 23 2018 - 8:00AM
Business Wire
Homebuilder celebrates its culture of
innovation and sustainability
KB Home (NYSE: KBH) today celebrates the release of its 11th
annual Sustainability Report, now available for viewing exclusively
at www.kbhome.com/sustainability. KB Home was the first major
homebuilder to publish a comprehensive sustainability report in
2008 and continues its commitment to documenting the Company’s
industry leadership in sustainability and its strategies for future
progress.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20180423005295/en/
KB Home publishes its 11th annual
Sustainability Report. (Graphic: Business Wire)
“We are very proud to continue to lead the homebuilding industry
in sustainability and to share our achievements in our 11th annual
sustainability report,” said Jeffrey Mezger, chairman, president,
and chief executive officer of KB Home. “Sustainability has become
the foundation of how we operate. In addition to having a
meaningful impact on the environment, the energy- and water-saving
features in our homes are estimated to have cumulatively saved our
homeowners more than half a billion dollars in utility costs, a
true differentiator for KB Home that resonates with our
customers.”
The report covers KB Home’s sustainability achievements during
2017 and highlights certain cumulative results over the past eleven
years. As detailed in the report, through 2017, KB Home has
built:
- 115,000+ ENERGY STAR® certified
homes
- 13,000+ Water Smart® and
WaterSense® labeled new homes
- 6,000+ solar-powered homes, many
of which are nearly or are net-zero energy homes
- 150+ LEED Platinum® homes
These KB homes are estimated to have collectively:
- Prevented greenhouse gas emissions
equivalent to 382,000 passenger vehicles
- Conserved 1.4 billion gallons of
water annually compared to the water consumption of typical resale
homes and landscaping
- Saved homeowners more than a total of
$658 million in utility bills compared to utility costs for
typical resale homes
- Produced through the installed solar
power systems nearly as much energy as a 14-megawatt solar
power plant and offset the production of an estimated 35
million pounds of carbon dioxide per year, while saving
homeowners more than $4.7 million in energy costs every year
compared to the costs for typical resale homes
KB Home takes a broad approach to sustainability, encompassing
energy efficiency, water conservation, healthier indoor
environments, smart home capabilities and waste reduction. KB Home
is the only national builder to have won awards under all of the
Environmental Protection Agency’s programs aimed at homebuilders —
ENERGY STAR®, WaterSense®, which establishes water efficiency
standards, and Indoor airPLUS®, which focuses on indoor air
quality. Recently, KB Home announced that it received two
prestigious awards: 2018 ENERGY STAR Partner of the Year –
Sustained Excellence Award, and a TecHome Brilliance Award for its
KB ProjeKt® concept home.
Details of KB Home’s sustainability goals, achievements and
challenges, including an initiative to achieve zero landfill waste
by the year 2025, can be found in the 2017 KB Home Sustainability
Report, now accessible at www.kbhome.com/sustainability. In
developing the report, KB Home again followed the Global Reporting
Initiative Guidelines, which provide a widely recognized level of
accountability and transparency, and are considered by many
environmental experts to be the current standard for sustainability
reporting.
For more information on KB Home and its highly efficient new
homes, visit www.kbhome.com or call 888-KB-HOMES.
About KB Home
KB Home (NYSE: KBH) is one of the largest homebuilders in the
United States, with more than 600,000 homes delivered since our
founding in 1957. We operate in 35 markets in 7 states, primarily
serving first-time and first move-up homebuyers, as well as active
adults. We are differentiated in offering customers the ability to
personalize what they value most in their home, from choosing their
lot, floor plan, and exterior, to selecting design and décor
choices in our KB Home Studios. In addition, we are an industry
leader in sustainability, building innovative and highly energy-
and water-efficient homes. We invite you to learn more about KB
Home by visiting www.kbhome.com, calling 888-KB-HOMES, or
connecting with us on Facebook.com/KBHome or
Twitter.com/KBHome.
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version on businesswire.com: https://www.businesswire.com/news/home/20180423005295/en/
KB HomeSusan Martin, 310-231-4142smartin@kbhome.com
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