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Tri Pointe Homes, Inc. Releases 2023 Sustainability Report

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Tri Pointe Homes (NYSE: TPH), a leading U.S. homebuilder, has released its 2023 sustainability report, highlighting the company's commitment to environmentally responsible practices and positive societal impact. Key aspects of the report include:

- Improved data collection for carbon emissions calculations
- Investments in the LivingSmart® program for healthy business practices
- Focus on building connected communities
- Cultivating a passionate workplace culture with initiatives promoting inclusion and employee development
- Emphasis on health and safety practices

The report utilizes the SASB Standards framework and aligns with several UN Sustainable Development Goals. Tri Pointe Homes has received multiple recognitions, including being named one of the 2023 Fortune 100 Best Companies to Work For® and inclusion in the 2024 Fortune World's Most Admired Companies™ list.

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INCLINE VILLAGE, Nev., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE: TPH), one of the largest homebuilders in the U.S., today announced the release of its 2023 sustainability report, which is available at investors.tripointehomes.com/sustainability. The report details the company’s ideals and endeavors regarding important policies, commitments and actions to advance its sustainability initiatives and positively impact society.

“In 2023, we continued to improve our data collection and reporting processes in connection with our carbon emissions calculations,” said Doug Bauer, Tri Pointe Homes Chief Executive Officer. “We also made further investments in our LivingSmart® program, our commitment to healthy and environmentally responsible business practices. We take pride in doing business the right way, which means going above and beyond and focusing on how what we do impacts others, including our team members and trade partners, the communities in which we live and work, and the overall environment.”

Tri Pointe Homes’ sustainability report highlights its corporate governance practices and commitment to healthy, environmentally, and socially responsible business standards. Additional highlights include details regarding the company’s focus on building connected communities; cultivating a passionate workplace culture, including through its initiatives to promote inclusion and a sense of belonging for all, employee engagement, and training and development programs; and health and safety practices.

“In the past year, we were honored with recognition by Fortune Magazine as one of the 2023 Fortune 100 Best Companies to Work For®, along with being named to the 2024 Fortune World’s Most Admired Companies™ list, and by Great Place to Work® as one of the Best Workplaces for Millennials™, Best Workplaces in Construction™, and Best Workplaces for Women™ in 2023,” Bauer added. “We believe this sustained recognition speaks volumes about the passionate culture that we have developed for our team members at Tri Pointe Homes.”

The report leverages the reporting framework established by the SASB Standards maintained by the IFRS Foundation for companies within the “Home Builders” industry and the GHG Protocol Corporate Accounting and Reporting Standard for purposes of greenhouse gas emission disclosures. It also highlights several of the United Nations Sustainable Development Goals to which Tri Pointe Homes believes its current strategies and priorities most closely align.

About Tri Pointe Homes®
One of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH) is a publicly traded company operating in 12 states and the District of Columbia, and is a recognized leader in customer experience, innovative design, and environmentally responsible business practices. The company builds premium homes and communities with deep ties to the communities it serves—some for as long as a century. Tri Pointe Homes combines the financial resources, technology platforms and proven leadership of a national organization with the regional insights, longstanding community connections and agility of empowered local teams. Tri Pointe has won multiple Builder of the Year awards, was named to the 2024 Fortune World’s Most Admired Companies™ list, is one of the 2023 Fortune 100 Best Companies to Work For® and was designated as one of the PEOPLE Companies That Care® in 2023 and 2024. The company was also named as a Great Place To Work-Certified™ company for four years in a row (2021 through 2024), and was named on several Great Place To Work® Best Workplaces list (2022 through 2024). For more information, please visit TriPointeHomes.com.

Investor Relations Contact:
InvestorRelations@TriPointeHomes.com, 949-478-8696

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/87887c58-a014-4a58-b56e-7a56a4f3cbcb


FAQ

What key sustainability initiatives did Tri Pointe Homes (TPH) highlight in its 2023 report?

Tri Pointe Homes highlighted improved carbon emissions data collection, investments in the LivingSmart® program, building connected communities, cultivating a passionate workplace culture, and emphasizing health and safety practices in its 2023 sustainability report.

How did Tri Pointe Homes (TPH) structure its 2023 sustainability report?

Tri Pointe Homes structured its 2023 sustainability report using the SASB Standards framework for the 'Home Builders' industry and aligned it with several United Nations Sustainable Development Goals.

What notable recognitions did Tri Pointe Homes (TPH) receive in 2023?

In 2023, Tri Pointe Homes was named one of the Fortune 100 Best Companies to Work For®, included in the 2024 Fortune World's Most Admired Companies™ list, and recognized as one of the Best Workplaces for Millennials™, Best Workplaces in Construction™, and Best Workplaces for Women™ by Great Place to Work®.

What is the LivingSmart® program mentioned in Tri Pointe Homes' (TPH) 2023 sustainability report?

The LivingSmart® program is Tri Pointe Homes' commitment to healthy and environmentally responsible business practices, which the company further invested in during 2023.

How many states does Tri Pointe Homes (TPH) operate in as of 2023?

As of 2023, Tri Pointe Homes operates in 12 states and the District of Columbia, according to the press release.
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