Meritage Homes Unveils Its Fourth Annual Environmental, Social, and Governance Report
Meritage Homes (NYSE: MTH), a prominent player in the U.S. homebuilding industry, has released its fourth annual environmental, social, and governance report, known as the “2023 ESG Report.” This document highlights the company's ongoing dedication to sustainability and the various social initiatives that are integral to its operational philosophy.
Staying committed to transparency, Meritage has ensured that its ESG disclosures align with globally recognized reporting standards. These include frameworks set 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, underscored the significance of these initiatives, saying, “Our evergreen ESG efforts are central to our purpose and a driving force behind every affordable, energy-efficient, and quality home we build. By engaging with our customers, employees, vendors, peers, shareholders, and other stakeholders, we maintain our focus on affordability, sustainability, belonging, and community, striving to deliver a Life. Built. Better.® every day.”
Highlights from the 2023 ESG Report
The 2023 ESG Report from Meritage is filled with key features that showcase the company's accomplishments in environmental stewardship and social responsibility. Here are some of the standout highlights:
Environmental Achievements
In terms of environmental initiatives, Meritage has made significant progress. Some key achievements include:
- Delivering over 13,000 ENERGY STAR certified homes, demonstrating its commitment to energy efficiency.
- Reporting an impressive average HERS Index energy efficiency score of 52, reflecting strong energy performance in homebuilding.
- Being recognized as an eleven-time recipient of the U.S. Environmental Protection Agency’s ENERGY STAR Partner of the Year, reinforcing its leadership in the industry.
Social Contributions
On the social side, Meritage has also made noteworthy advancements, including:
- Achieving Great Place to Work Certified status for the first time, which highlights its dedication to a positive workplace culture.
- Launching its inaugural employee resource groups to promote an inclusive work environment.
- Receiving the prestigious Avid Cup – Production award for the third consecutive year, recognizing exceptional customer satisfaction among builders.
- Being honored with the Hearthstone BUILDER Humanitarian Award for its extensive philanthropic efforts that support communities.
About Meritage Homes
Meritage Homes is recognized as the fifth-largest public homebuilder in the United States, based on the number of homes closed. The company focuses on building energy-efficient and affordable homes tailored for entry-level buyers and those transitioning in housing. Its operations span several states, including Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.
In its 38 years of operation, Meritage has constructed and delivered over 185,000 homes, earning a reputation for unique architectural designs, outstanding construction quality, and an award-winning customer experience. The company is acknowledged as a leader in the industry, having received numerous awards for energy efficiency and sustainability, including repeated accolades from the U.S. Environmental Protection Agency.
Contact Information
If you have any further inquiries, please contact:
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?
The ESG Report outlines Meritage's sustainability efforts and social initiatives, highlighting their commitment to responsible business practices.
How many homes has Meritage delivered?
Meritage has delivered over 185,000 homes throughout its 38-year history, showcasing its significant impact in the homebuilding sector.
What recognition has Meritage received for energy efficiency?
Meritage has been honored as an eleven-time recipient of the U.S. Environmental Protection Agency’s ENERGY STAR Partner of the Year, indicating its leadership in energy-efficient homebuilding.
What social initiatives did Meritage implement recently?
The company recently launched its first employee resource groups and achieved Great Place to Work Certified status, enhancing its workplace culture and inclusivity.
How can I find more information about Meritage Homes?
For more information, you can visit their official website at www.meritagehomes.com.
