In 2024, KB Home completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
KB Home has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,163a | 2,089a | 1,761a | |
Total Scope 2 | ||||
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 2,198,900a | 3,706,080a | 3,984,020a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.3121a | 0.3259a | 0.2551a |
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In 2024, the total operational greenhouse gas (GHG) emissions of KB Home amounted to 12,458 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of KB Home decreased by 12.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of KB Home were 2,163 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), KB Home's Scope 1 emissions increased by 3.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, KB Home reported Scope 2 greenhouse gas (GHG) emissions of 10,295 tCO₂e using the location-based method.a
Compared to the previous year (2023), KB Home's Scope 2 emissions (Location-Based) fell by 14.83% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, KB Home reported its Scope 2 emissions using the location-based method.a
In 2024, KB Home reported 2,198,900 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of KB Home includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, KB Home reported total Scope 3 emissions of 2,198,900 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), KB Home's Scope 3 emissions decreased by 40.67%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, KB Home reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to KB Home's Scope 3 emissions were:a
In 2024, KB Home reported Scope 1 greenhouse gas (GHG) emissions of 2,163 tCO₂e and total revenues of USD 6,930 millions. This translates into an emissions intensity of 0.31 tCO₂e per millions USD.a
In 2024, KB Home reported a Scope 1 emissions intensity of 0.31 tCO₂e per millions USD. Compared to the peer group median of 2.76, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, KB Home ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places KB Home among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, KB Home reported a total carbon footprint of 2,211,358 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40.56% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to KB Home's total carbon footprint was Scope 3 emissions, accounting for 99.44% of the company's total carbon footprint, followed by Scope 2 emissions at 0.47%.a