Meritage Homes Unveils 2023 Environmental and Governance Report
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Meritage Homes Releases Fourth Annual Environmental, Social, and Governance Report
Meritage Homes (NYSE: MTH), a leading contender in the U.S. homebuilding sector, has published its fourth annual environmental, social, and governance report (the “2023 ESG Report”). This report sheds light on the company's continuous commitment to sustainability and various social initiatives that define its core operational philosophy.
Staying true to its legacy of transparency, Meritage has maintained its ESG disclosures aligned with globally recognized reporting frameworks. This includes frameworks established by the Sustainability Accounting Standards Board, the Global Reporting Initiative, the United Nations Sustainable Development Goals, and the Task Force on Climate-Related Financial Disclosures.
Hilla Sferruzza, Chief Financial Officer at Meritage Homes, emphasized the importance of these initiatives, stating, “Our evergreen ESG efforts are central to our purpose and a driving force behind every affordable, energy-efficient and quality home we build. Through our engagement with customers, employees, vendors, peers, shareholders, and other stakeholders, we continue to focus on the themes of affordability, sustainability, belonging, and community, and to deliver a Life. Built. Better.® every day.”
Key Highlights from the 2023 ESG Report
Meritage’s 2023 ESG Report is packed with salient features that explore the company's achievements in environmental stewardship and social responsibility. Let's delve into some of the prominent highlights:
Environmental Achievements
In the sphere of environmental initiatives, Meritage has made substantial strides. Key highlights include:
- Delivered over 13,000 ENERGY STAR certified homes, showcasing its commitment to energy efficiency.
- Reported an impressive average HERS Index energy efficiency score of 52, indicating strong energy performance in homebuilding.
- Celebrated as an eleven-time recipient of the U.S. Environmental Protection Agency’s ENERGY STAR Partner of the Year, reaffirming its status as a leader in the industry.
Social Contributions
On the social front, Meritage has also made notable progress, including:
- Achieving Great Place to Work Certified status for the very first time, demonstrating its commitment to a positive workplace culture.
- Launching its inaugural employee resource groups, fostering an inclusive work environment.
- Receiving the prestigious Avid Cup – Production award for the third consecutive year, which recognizes outstanding customer satisfaction among builders.
- Honored with the Hearthstone BUILDER Humanitarian Award, acknowledging its extensive philanthropic efforts that uplift communities.
About Meritage Homes
Meritage Homes stands out as the fifth-largest public homebuilder in the United States, calculated based on homes closed. The company specializes in energy-efficient and affordable homes designed for entry-level buyers and those making their first transition in housing. Its operational reach extends across numerous states, including Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.
Over the past 38 years, Meritage has constructed and delivered more than 185,000 homes, acquiring a reputation for distinctive architectural style, exemplary quality construction, and an award-winning customer experience. It is recognized as an industry leader, winning multiple awards for energy efficiency and sustainability, including repeated honors from the U.S. Environmental Protection Agency.
Contact Information
For further inquiries, please reach out to:
Emily Tadano, VP Investor Relations and ESG
(480) 515-8979 (office)
investors@meritagehomes.com
Frequently Asked Questions
What is the purpose of Meritage's ESG Report?
Meritage's ESG Report outlines the company's sustainability efforts and social initiatives, showcasing their commitment to responsible business practices.
How many homes has Meritage delivered?
Meritage has delivered over 185,000 homes during its 38-year history, reflecting its significant impact in the homebuilding industry.
What recognition has Meritage received for energy efficiency?
Meritage is an eleven-time recipient of the U.S. Environmental Protection Agency’s ENERGY STAR Partner of the Year, signifying its leadership in energy-efficient homebuilding.
What social initiatives did Meritage implement recently?
The company launched its first employee resource groups and achieved Great Place to Work Certified status, enhancing workplace culture and inclusivity.
How can I find more information about Meritage Homes?
More information can be found on their official website at www.meritagehomes.com.
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