TopBuild Corp.
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Safety
- Diversity and Inclusion
- Governance
- Energy Efficiency
- Community Investment
Environmental Achievements
- Promoting energy efficiency in new building construction
Social Achievements
- Developing leadership and a workforce that values diversity and is inclusive
- Making a difference in our communities
Governance Achievements
- Established a formal ESG sustainability program directly overseen by the Board of Directors
- Appointed a senior director of ESG
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Safety
- Diversity & Inclusion
- Community Involvement
- Environmental Friendliness of Insulation
Environmental Achievements
- Not disclosed
Social Achievements
- Company-wide injury rate of 1.97 and lost time case rate of 0.57 (significantly below industry average)
- Launched Friends and Family Referral Program, resulting in 1,388 installer hires and retentions in 2023
- Reduced voluntary turnover from 33.2% in 2022 to 30% in 2023
- Average of 15.4 hours of safety training per employee in 2023
- Raised approximately $0.7 million for Habitat for Humanity in 2023
- Employee engagement index score of 85% in 2023
- Certified as a Great Place to Work in 2023
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Labor constraints across the construction industry
- Declining single-family starts, steady interest rate hikes, and the possibility of a slowing economy
Mitigation Strategies
- Expanded Special Operations team to share best practices and drive efficiencies
- Developed Lead App to enhance sales process and provide qualified leads
- Continued focus on growth and operational efficiencies
- Pursued new business at a local level
- Successfully expanded multi-family and commercial businesses to offset decline in single-family construction (Installation segment)
- Grew commercial and industrial revenue by 4.6% in 2023 (Specialty Distribution segment)
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Strong ties to major manufacturers to ensure competitive buying and supply availability
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Great Place to Work
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Great Place to Work