KB Home Publishes 10th Annual Sustainability Report
April 21 2017 - 8:00AM
Business Wire
National builder releases its milestone 2016
report for industry-leading 10th consecutive
year
KB Home (NYSE: KBH) today celebrates the release of its tenth
annual Sustainability Report, available exclusively at www.kbhome.com/sustainability. KB Home was
the first major homebuilder to publish a comprehensive
sustainability report in 2008.
“We are proud to lead the homebuilding industry in publishing an
annual sustainability report, now for the tenth consecutive year,”
said Jeffrey Mezger, KB Home chairman, president, and chief
executive officer. “Over this period, we have made meaningful
progress on enhancing the energy and water efficiency of our homes,
which can significantly reduce the long-term cost of homeownership.
Our diligent focus on incorporating sustainable features into all
of our homes, often at little or no additional charge, has enabled
us to offer a premium product to our customers at an affordable
price, and has evolved to become both a core business strategy for
us and a key differentiator for our brand in the marketplace.”
The report covers KB Home’s sustainability achievements during
2016, and highlights certain cumulative results over the past
decade. As detailed in the report, through 2016, KB Home has
built:
- More than 100,000 ENERGY STAR®
homes
- 11,000 Water Smart® and WaterSense®
labeled new homes
- 5,100+ solar-powered homes
- 12 ZeroHouse 2.0 and Double ZeroHouse
3.0 project homes
- Over 150 LEED Platinum homes
These KB homes are estimated to have collectively:
- Prevented greenhouse gas emissions
equivalent to 335,000 passenger vehicles
- Conserved 1.2 billion gallons of water
annually compared to the water consumption of typical resale homes
and landscaping
- Saved homeowners more than a total of
$577 million in utility bills compared to utility costs for typical
resale homes
- The solar power systems installed at KB
Home communities in aggregate produce nearly as much energy as an
11.4-megawatt solar power plant and offset the production of an
estimated 11,700 tons of carbon dioxide per year. At the same time
these homes have saved homeowners an aggregate of more than $3.6
million in savings every year.
In 2016, KB Home’s achievements included a cross-industry
collaboration to imagine and build The Greenbuild KB Home ProjeKt,
a sustainable concept home designed to anticipate the way we might
live in 2050, which debuted at the 2016 Greenbuild International
Conference and Expo. In addition, KB Home was selected by Apple® as
one of only four builders worldwide to roll out an Apple HomeKit
smart-home package. The builder’s achievements against a range of
goals during 2016 also included improving the average Home Energy
Ratings System (HERS®) Index Score of its new homes for the ninth
straight year.
KB Home takes a broad approach to sustainability, focusing on
energy efficiency, as well as 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 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 was the recipient of
two prestigious awards: 2017 RESNET® President’s Award and 2017
ENERGY STAR Partner of the Year – Sustained Excellence Award.
Details of KB Home’s sustainability goals, achievements and
challenges can be found in the 2016 KB Home Sustainability Report,
which can now be accessed on the company’s website at
www.kbhome.com/sustainability. These goals include achieving
zero landfill waste by the year 2025. 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 kbhome.com or call 888-KB-HOMES.
About KB Home
KB Home (NYSE: KBH) is one of the largest and most recognized
homebuilders in the United States and an industry leader in
sustainability, building innovative and highly energy- and
water-efficient new homes. Founded in 1957 and the first
homebuilder listed on the New York Stock Exchange, the Company has
built nearly 600,000 homes for families from coast to coast.
Distinguished by its personalized homebuilding approach, KB Home
lets each buyer choose their lot location, floor plan, décor
choices, design features and other special touches that matter most
to them. To learn more about KB Home, call 888-KB-HOMES, visit
www.kbhome.com or connect on Facebook.com/KBHome or
Twitter.com/KBHome.
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KB HomeSusan Martin, 310-231-4142smartin@kbhome.com
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