KB Home Releases Its 13th Annual Sustainability Report
April 22 2020 - 8:00AM
Business Wire
The national homebuilder highlights energy, water and
health-promoting innovations in the American home and progressive
environmental, social and governance (ESG) practices
KB Home (NYSE: KBH) today, in recognition of the 50th
anniversary of Earth Day, has released its 13th Annual
Sustainability Report, detailing its environmental, social
responsibility and economic sustainability accomplishments in 2019,
and highlighting nearly 20 years of energy-efficient homebuilding
and sustainability leadership. In addition to emphasizing the
homebuilder’s longtime commitment to energy efficiency and water
conservation, the report underscores the essential role our homes
can serve in improving people’s health and well-being now and in
the future. The report also includes extensive information on KB
Home’s ESG practices and references Global Reporting
Initiative™(GRI) guidelines and standards.
The national homebuilder’s 2019 sustainability milestones
include:
- Building its unprecedented 140,000th high-performance ENERGY
STAR® certified new home, more than any other homebuilder. These
homes are designed to save energy and support healthier indoor air
environments.
- Debuting KB ProjeKt®: Where Tomorrow Lives™, a health-oriented,
full-scale experience of the future of homebuilding designed to
support its residents’ physical and emotional health
- Partnering with a pioneering technology firm to offer at select
communities an industry-first wellness intelligence system that
uses proprietary software and sensor technologies to enhance
safety, comfort, indoor air environments, quality of sleep and
overall well-being and is certified by the Environmental Protection
Agency (EPA) Indoor airPLUS program for indoor air quality
- Selling its 10,000th solar-powered home, with 17% of its homes
now incorporating solar (up from 14% in 2018)
- Receiving EPA’s ENERGY STAR Partner of the Year – Sustained
Excellence Award for an unprecedented nine years in a row (with its
tenth award recently announced), as well as the EPA’s WaterSense®
Sustained Excellence Award for the fourth consecutive year
(following four Partner of the Year awards)
“During this uncertain time, our homes have taken on even
greater significance in our lives,” said Jeffrey Mezger, KB Home
Chairman, President and Chief Executive Officer. “Our homes have
become our workplaces, our schools and our centers of health and
well-being. While it is difficult to foresee how this situation
will evolve, one thing remains certain: in every economic and
social environment, people will continue to seek a sanctuary from
life’s cares, to rejuvenate and recharge, and to nurture their
talents, relationships and spirits in a place called home.
Throughout the more than six decades KB Home has been in business,
our primary purpose has been to build the places where our
customers can fulfill the fundamental human need for both shelter
and connection. People are our foundation.”
KB Home’s nearly two decades of sustainable homebuilding have
made a measurable impact on the environment and its homeowners’
lives:
- Reduced homeowners’ utility bills by an estimated total of $780
million ($1,300 average annual savings per home in 2019)
- Eliminated CO2 emissions by an estimated 5 billion pounds
(equivalent to removing nearly 500,000 cars from the road)
- Generated an estimated 428 million kilowatt hours of renewable
solar energy (equivalent to removing 64,000 cars from the
road)
- Conserved an estimated 1.5 billion gallons of water annually
(enough to serve the water needs of nearly 17 million Americans for
a day)
For more information on KB Home, call 888-KB-HOMES or visit
kbhome.com.
For more information on KB Home’s sustainability and ESG
initiatives, and to view the full report, visit
kbhome.com/sustainability.
About KB Home
KB Home (NYSE: KBH) is one of the largest and most recognized
homebuilders in the United States and has been building quality
homes for over 60 years. Today, KB Home operates in 42 markets
across eight states, serving a wide array of buyer groups. What
sets us apart is how we give our customers the ability to
personalize their homes from homesites and floor plans to cabinets
and countertops, at a price that fits their budget. We are the
first builder to make every home we build ENERGY STAR® certified.
In fact, we go beyond the EPA requirements by ensuring every ENERGY
STAR certified KB home has been tested and verified by a
third-party inspector to meet the EPA’s strict certification
standards, which helps lower the cost of ownership. We also work
with our customers every step of the way, building strong personal
relationships so they have a real partner in the homebuying
process, and the experience is as simple and easy as possible.
Learn more about how we build homes built on relationships by
visiting kbhome.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200422005241/en/
Craig LeMessurier, KB Home 925-983-4509
clemessurier@kbhome.com
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