Climate Change Data

Environmental Metrics

Social Achievements

• Launched “Stay Home & Buy a Home” program in April 2020 as another means for customers to safely and efficiently purchase a new home without leaving their current home.

Climate Goals & Targets

Environmental Challenges

• Industry-wide shortages of labor and raw materials as a result of the on-going COVID-19 pandemic.
• Increased number of claims from attorneys on behalf of individual owners of our homes, primarily in the Jacksonville market, that allege various construction defects, with most relating to stucco and water-intrusion issues.
• Significant price increases of building materials, such as lumber, negatively impacting cost of sales and net income.
• Material weaknesses in internal control over financial reporting.

Mitigation Strategies

• Developed a remediation plan and begun implementing measures to address the underlying causes of each material weakness.
• Utilize subcontractors to repair homes in accordance with new home warranty and as required by law.
• Implemented systems and processes intended to secure information systems.

Supply Chain Management

Responsible Procurement

• Employ a comprehensive procurement program that leverages our size and national presence to achieve attractive cost savings and, whenever possible, to utilize standard products available from multiple suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Hurricanes, tornadoes, droughts, floods, brushfires, wildfires, prolonged periods of precipitation, landslides, soil subsidence, earthquakes and other natural disasters.

Transition Risks

• Regulatory changes, market shifts related to climate change and energy.

Environmental Metrics

ESG Focus Areas

• Home energy efficiency, quality and safety
• Home affordability
• Employee well-being and talent retention
• Diversity, equity and inclusion
• Board oversight over ESG policies

Social Achievements

• implemented a company-wide anti-harassment training program beginning in 2023

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Home energy efficiency
• Home affordability
• Employee benefits
• ESG initiatives reporting

Environmental Achievements

• Not disclosed

Social Achievements

• Increased incentives to promote home affordability
• Enhanced employee benefits
• Increased communication with our Board of Directors regarding ESG initiatives

Governance Achievements

• Formalizing processes for measurement, mitigation, monitoring and reporting of our ESG efforts

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed