| LOS ANGELES -- KB Home issued its first-ever sustainability report on the company's progress toward incorporating green and sustainable practices into its business. (http://www.kbhome.com/sustainability).
"Our business requires a delicate balance between the societal need for affordably priced new homes and the environmental need to use our limited natural resources wisely," said Jeffrey Mezger, president and chief executive officer of KB Home. "The opportunities for KB Home to make a measurable impact in this area are immense, and we are committed to making sustainability an integral part of how we do business."
As part of the announcement the homebuilder said every home built in 2008 would feature ENERGY STAR® qualified appliances. Starting in 2009, the company pledged that every home built would be fully compliant with today's ENERGY STAR® certification requirements and would utilize low-VOC paint and low-VOC carpet.
More than 85% of the total energy consumption during a home's life cycle stems from the energy used in day-to-day living. KB Home's greatest opportunity to reduce the carbon footprint of its homes is to provide energy-efficient features and educate homebuyers about how to conserve energy over the lifetime of their homes.
The KB Home Sustainability Report discusses in detail all the Company's sustainability-related accomplishments, challenges and commitments. The complete report is available at http://www.kbhome.com/sustainability. |