PulteGroup, Inc.
Climate Impact & Sustainability Data (2018)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Partnered with Georgia Power to build a state-of-the-art, high-tech and eco-friendly community in Atlanta (Altus at the Quarter) featuring rooftop solar panels, in-home battery energy storage, and energy-efficient building features. Pulte homes are up to 30 percent more energy efficient than the average resale home.
- Introduced photovoltaic solar panels from Tesla Energy to a number of townhome projects, with one division applying them to 36% of closings in 2017 (1 Megawatt of solar electric capacity).
- Launched four new communities in Northern California with 100% electric power, zero gas, and hybrid electric heat pump water heaters.
- Opened their first LEED Silver community in Northern California (24-townhome unit called Marquis in Menlo Park).
Social Achievements
- Established an emergency assistance program providing financial support up to $3,500 for employees facing hardships.
- Raised $250,000 in less than 48 hours from corporate and employee donations to help teammates affected by Hurricane Harvey.
- Expanded diversity and inclusion training portfolio and revised Board of Directors charter to focus on building a more diverse board.
- Offered enhanced paid and unpaid leave of absence programs, including expanded parental leave benefits.
- Provided a $250 incentive for eligible employees and their spouses for obtaining their annual wellness exam.
- Awarded an estimated $17 million in mortgage-free homes to deserving veterans and their families through the Built to Honor™ program.
- Gave over $500,000 in donations in 2017 through the Company’s Matching Gifts Program.
Governance Achievements
- Established a more permanent and consistent support structure to aid employees in need.
- Revised Board of Directors charter to include criteria for selecting new board members with a focus on diversity (age, gender, race, ethnicity, and professional experience).
- Implemented Corporate Governance Guidelines addressing Director responsibilities, qualification requirements, committee structures, and diversification objectives.
Climate Goals & Targets
Environmental Challenges
- Construction sites present a dangerous and physically demanding operating environment.
- Managing the environmental impact of land development and stormwater runoff.
- Maintaining consistent adherence to construction standards across multiple markets.
Mitigation Strategies
- Implemented surprise safety audits at divisions to ensure proper safety practices by subcontractors.
- Developed an industry-leading National Storm Water Quality Program (NSQP) to manage stormwater flow and prevent waste from leaving construction sites.
- Developed Pulte Construction Standards (PCS) and conducts routine audits (internal and third-party) to ensure consistent adherence.
Supply Chain Management
Responsible Procurement
- Working to establish a Vendor Code of Ethical Business Conduct.
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and communities.
Sustainable Products & Innovation
- Smart home technology
- Energy-efficient homes
- Solar panels
- Electric car charging stations
Awards & Recognition
- 2017 Dow Jones Sustainability Index (Consumer Durables category)
- MBA’s Organizational Diversity and Inclusion Award (Pulte Mortgage)
- 2017 Brandon Hall Group Excellence Awards (Bronze, Best Use of Blended Learning Program)