AMH Releases 2024 Sustainability Report
Rhea-AI Summary
AMH (NYSE: AMH), a major single-family rental homes operator, has released its 2024 Sustainability Report highlighting significant environmental and operational achievements. The company reported a 13% reduction in greenhouse gas emissions intensity per home from 2022 baseline and generated 1,100 MWh of renewable energy, an 81% year-over-year increase.
Under CEO Bryan Smith's leadership, AMH improved its employee Net Promoter Score® to 51, exceeding the sector benchmark by 20 points. The company's newly built homes achieved an average Home Energy Rating System (HERS®) score of 54.2, showing improvement from both 2021 and 2023. The report, AMH's 7th sustainability publication, emphasizes their commitment to quality housing access and environmental responsibility.
Positive
- Employee Net Promoter Score® increased to 51, up from 48 in 2023
- 13% reduction in greenhouse gas emissions intensity per home since 2022
- 81% increase in renewable energy generation to 1,100 MWh
- Improved HERS® score of 54.2 for new homes, better than previous years
Negative
- None.
News Market Reaction
On the day this news was published, AMH declined 2.03%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The report provides transparency on the company's performance and initiatives to build and operate responsibly, invest in a great workplace, and improve the lives of residents. The report can be viewed and downloaded on the company's website.
"As the
Highlights of AMH's 2024 Sustainability Report include:
- Invested in tech-powered upgrades across the company's operational stack to improve service, quality, and responsiveness, resulting in growing customer satisfaction.
- Earned an employee Net Promoter Score® of 51, up from 48 in 2023 and 20 points above the sector benchmark, demonstrating commitment to a great workplace.
- Achieved average Home Energy Rating System (HERS®) score of 54.2 for AMH-built homes, 8 points better than 2021 and over 5 points better than 2023.
- Reduced greenhouse gas emissions intensity per home by
13% from the 2022 baseline. - Generated over 1,100 MWh of renewable energy, up
81% from last year.
This represents AMH's 7th sustainability report, affirming the company's continued commitment to responsible practices.
About AMH
AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed
In recent years, we've been named a 2025 Great Place to Work®, a 2025 Top
AMH refers to one or more of American Homes 4 Rent, American Homes 4 Rent, L.P. and their subsidiaries and joint ventures. In certain states, we operate under AMH Living or American Homes 4 Rent. Please see www.amh.com/dba to learn more.
AMH Contacts
Media Relations
Phone: 855-774-4663
Email: media@amh.com
Investor Relations
Phone: 855-794-2447
Email: investors@amh.com
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SOURCE AMH