Taylor Morrison Repeats as a Highlight on Newsweek's Responsible Companies List
For the third consecutive year, Taylor Morrison, known as America's Most Trusted® Home Builder, has made it onto Newsweek's prestigious list of America's Most Responsible Companies for 2025. This recognition underscores Taylor Morrison's ongoing commitment to corporate responsibility, focusing particularly on corporate governance and environmental sustainability.
Recognition and Scores
In this year's assessment, Taylor Morrison received its highest scores in corporate governance, and it achieved the most significant improvement in environmental practices. These scores assess the company's efforts across three categories: environmental responsibility, social accountability, and governance. By improving these scores annually, Taylor Morrison aims to set an example in corporate responsibility within the homebuilding sector.
Sheryl Palmer, the Chairman and CEO of Taylor Morrison, emphasized the importance of accountability. “Our commitment to our stakeholders is at the heart of what we do. We strive to be a positive influence not just in homebuilding but in the communities we serve. Increasing transparency and improving our operations are crucial to our mission,” stated Palmer.
Sustainability Initiatives
This summer marked the release of Taylor Morrison's sixth annual Sustainability and Belonging Report, which details the company's initiatives in environmental impact and corporate social responsibility. Key highlights from this report include:
- - Enhanced Environmental Reporting: Taylor Morrison has taken significant steps to refine its environmental reporting. This includes a detailed assessment of its carbon footprint as well as improvements in its Home Energy Rating System (HERS®) score—an achievement reflecting a 10% better rating since 2020.
- - Partnerships for Biodiversity: The diversified homebuilder has maintained a partnership with the National Wildlife Federation for five years, working to protect natural habitats and promote biodiversity in its communities. The initiative has resulted in the establishment of over 100 certified monarch butterfly gardens and has safeguarded nearly 9,000 acres of Certified Wildlife Habitat®.
- - Fostering Inclusion and Diversity: Taylor Morrison's workforce is noteworthy for its gender diversity, with 44% of its employees being women—comparatively higher than the industry average of 11%. The company focuses on creating an inclusive work culture through various initiatives, including monthly Days of Understanding that encourage open dialogues.
- - Employee Training and Development: With over 42,500 hours dedicated to employee training, Taylor Morrison emphasizes safety, cyber security awareness, and continuous learning opportunities.
- - Addressing Homebuyer Demographics: Adapting to changing demographic trends, Taylor Morrison has prioritized accessibility in homeownership. For instance, they introduced language support services and made design considerations based on cultural and religious preferences to ensure homes meet a diverse customer base.
- - Social Responsibility Projects: The opening of several homes in a new community in Gilbert, AZ was part of a housing assistance initiative to support families who travel long distances for treatment at Banner MD Anderson Cancer Center.
Comprehensive Reporting Practices
In their commitment to transparency, Taylor Morrison's disclosures align with frameworks and standards set by organizations like the Sustainability Accounting Standards Board (SASB) and the United Nations’ Sustainable Development Goals (SDGs). These detailed alignments ensure that the company measures its social impacts appropriately and shares this information effectively with stakeholders and customers.
Continuing Recognition
In addition to the recent accolade from Newsweek, Taylor Morrison has garnered multiple other awards, including recognition on Forbes' lists of Most Trusted Companies and Best Companies in America. These recognitions highlight the company’s consistent performance in both corporate accountability and employee satisfaction.
In conclusion, Taylor Morrison's latest recognition by Newsweek not only reflects its dedication to various stakeholders but also emphasizes the ongoing importance of corporate social responsibility in the modern business landscape. By integrating sustainable practices and fostering inclusivity, Taylor Morrison sets a foundation for a more responsible future in the homebuilding industry.