KB Home Publishes Eighth Annual Sustainability Report
April 22 2015 - 7:05PM
Business Wire
Continuing its Earth Day tradition, national builder releases
its comprehensive 2014 report
KB Home (NYSE: KBH), one of the nation’s largest and most
recognized homebuilders, today released its eighth annual
Sustainability Report, available exclusively at
www.kbhome.com/sustainability. KB Home issued its inaugural report
in 2008 and is among a group of corporate leaders in sustainability
that publishes a comprehensive annual sustainability report.
The latest report covers KB Home’s sustainability initiatives
and activities during 2014 measuring progress against its goals.
Achievements during the reporting period included lowering the
average Home Energy Ratings System (HERS) Index Score of its new
homes for the seventh straight year, advancing its homes’ water
efficiency, and continuing progress on a range of other
sustainability objectives.
“KB Home is proud to publish our eighth annual Sustainability
Report on Earth Day,” said Jeffrey Mezger, president and chief
executive officer of KB Home. “We remain committed to leading the
homebuilding industry in the area of sustainability and are pleased
with our accomplishments to date.”
Today, a new KB home is 68% more energy efficient and uses
30,000 fewer gallons of water annually compared to a typical resale
home without the energy- and water-efficient features that KB Home
includes as standard. Based on U.S. Environmental Protection Agency
estimates the nearly 90,000 ENERGY STAR® certified KB homes built
to date are projected to save homeowners more than $28 million on
utility bills annually, lowering the total cost of homeownership
while also helping to prevent greenhouse gas emissions equivalent
to those from 32,000 passenger vehicles.
Details of KB Home’s sustainability goals, achievements and
challenges can be found in the 2014 KB Home Sustainability Report,
which can now be accessed on the company’s website at
www.kbhome.com/sustainability. In developing the report, KB Home
once 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 international standard for sustainability
reporting.
For more information on KB Home and its ENERGY STAR certified
new homes, visit kbhome.com or call 888-KB-HOMES.
About KB Home
KB Home is one of the largest and most recognized homebuilding
companies in the United States. Since its founding in 1957, the
company has built more than half a million quality homes. KB Home's
unique homebuilding approach lets each buyer customize their new
home from lot location to floor plan and design features. As a
leader in utilizing state-of-the-art sustainable building
practices, all KB homes are highly energy efficient and meet strict
ENERGY STAR® guidelines. This helps to lower monthly utility costs
for homeowners, which the company demonstrates with its proprietary
KB Home Energy Performance Guide® (EPG®). KB Home has been named an
ENERGY STAR Partner of the Year Sustained Excellence Award winner
for five straight years and a WaterSense® Partner of the Year for
four consecutive years. A FORTUNE 1,000 company, Los Angeles-based
KB Home was the first homebuilder listed on the New York Stock
Exchange, and trades under the ticker symbol "KBH." For more
information about KB Home, call 888-KB-HOMES, visit www.kbhome.com,
or connect with KB Home on Facebook.com/KBHome and
Twitter.com/KBHome.
KB HomeMaurna Desmond, 310-231-4142mdesmond@kbhome.com
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