Taylor Morrison Home Corp

Common Name
Taylor Morrison Home
Country
United States
Sector
Consumer Cyclical
Industry
Residential Construction
Employees
3,000
Ticker
TMHC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Taylor Morrison Home Corporation is a residential homebuilder and land developer, primarily focused on providing innovative residential properties throughout the United States. As one of the country's...

Taylor Morrison Home's GHG Emissions Data Preview

In 2024, Taylor Morrison 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).

Taylor Morrison Home has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Taylor Morrison Home’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Taylor Morrison Home’s data sources below and access millions more through our Disclosure Search.

a. Taylor Morrison Home's Sustainability Report 2024
a. Taylor Morrison Home's Sustainability Report 2024
b. Taylor Morrison Home's ESG Report 2023
b. Taylor Morrison Home's ESG Report 2023

Insights into Taylor Morrison Home's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Taylor Morrison Home amounted to 16,162 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 Taylor Morrison Home increased by 91.13%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Taylor Morrison Home's Scope 1 Emissions Over Time

202120222023202402 k4 k6 k8 ktCO2e-39%+213%+145%
  • Total Scope 1
  • Year-over-Year Change

What are Taylor Morrison Home's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Taylor Morrison Home were 7,460 metric tons of CO₂ equivalent (tCO₂e). a

Has Taylor Morrison Home reduced its Scope 1 emissions over time?

Since 2021, Taylor Morrison Home's Scope 1 emissions have increased by 368.59%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Taylor Morrison Home's Scope 1 emissions increased by 144.83%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Taylor Morrison Home's Scope 2 emissions?

In 2024, Taylor Morrison Home reported Scope 2 greenhouse gas (GHG) emissions of 9,901 tCO₂e using the market-based method and 8,702 tCO₂e using the location-based method. a

Has Taylor Morrison Home reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Taylor Morrison Home's Scope 2 emissions (Location-Based) rose by 60.88% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Taylor Morrison Home use for Scope 2 reporting?

In 2024, Taylor Morrison Home reported its Scope 2 emissions using the market-based method and using the location-based method. a

Taylor Morrison Home's Scope 2 Emissions Over Time

202120222023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Taylor Morrison Home's Value Chain Emissions

In 2024, Taylor Morrison Home reported 1,888,528 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 Taylor Morrison Home includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Taylor Morrison Home's Scope 3 Emissions Over Time

20212022202320240750 k1.5 M2.25 M3 MtCO2e+2%-16%-22%
  • Total Scope 3
  • Year-over-Year Change

What are Taylor Morrison Home's Scope 3 emissions?

In 2024, Taylor Morrison Home reported total Scope 3 emissions of 1,888,528 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 49.39% of these emissions originated from upstream activities such as purchased goods and capital goods, while 50.61% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Taylor Morrison Home reduced its Scope 3 emissions over time?

Since 2021, Taylor Morrison Home's Scope 3 emissions have decreased by 33.54%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Taylor Morrison Home's Scope 3 emissions decreased by 22.07%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Taylor Morrison Home disclose?

In 2024, Taylor Morrison Home reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Taylor Morrison Home's Scope 3 emissions?

In 2024, the largest contributors to Taylor Morrison Home's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 934,245 tCO₂e (49.47%)
  • Purchased Goods and Services (Cat. 1): 877,225 tCO₂e (46.45%)
  • Upstream Transportation and Distribution (Cat. 4): 20,358 tCO₂e (1.08%)

Taylor Morrison Home's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(1.1%)Use of Sold Products(Cat. 11)(49.5%)Purchased Goods andServices (Cat. 1)(46.5%)

Insights into Taylor Morrison Home’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Taylor Morrison Home reported Scope 1 greenhouse gas (GHG) emissions of 7,460 tCO₂e and total revenues of USD 8,168 millions. This translates into an emissions intensity of 0.91 tCO₂e per millions USD. a

Taylor Morrison Home's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,000100,000Revenues (Millions of USD)Silgan HoldingsYear: 2021Scope 1: 260,303 tCO2eRevenue: $M 5,677Scope 1 Intensity: 45.85 tCO2e/$MMeritage HomesYear: 2024Scope 1: 5,129 tCO2eRevenue: $M 6,393Scope 1 Intensity: 0.80 tCO2e/$MLife Time Group HoldingsYear: 2023Scope 1: 107,874 tCO2eRevenue: $M 2,217Scope 1 Intensity: 48.67 tCO2e/$MKB HomeYear: 2024Scope 1: 2,163 tCO2eRevenue: $M 6,930Scope 1 Intensity: 0.31 tCO2e/$MVail ResortsYear: 2023Scope 1: 87,923 tCO2eRevenue: $M 2,889Scope 1 Intensity: 30.43 tCO2e/$MAcademy Sports and OutdoorsYear: 2024Scope 1: 11,972 tCO2eRevenue: $M 5,933Scope 1 Intensity: 2.02 tCO2e/$MAbercrombie & FitchYear: 2023Scope 1: 8,275 tCO2eRevenue: $M 4,281Scope 1 Intensity: 1.93 tCO2e/$MMGM Resorts InternationalYear: 2024Scope 1: 224,425 tCO2eRevenue: $M 17,241Scope 1 Intensity: 13.02 tCO2e/$MSkechers USAYear: 2023Scope 1: 10,610 tCO2eRevenue: $M 8,000Scope 1 Intensity: 1.33 tCO2e/$MInstalled Building ProductsYear: 2024Scope 1: 120,001 tCO2eRevenue: $M 2,941Scope 1 Intensity: 40.80 tCO2e/$MDR HortonYear: 2022Scope 1: 64,701 tCO2eRevenue: $M 33,480Scope 1 Intensity: 1.93 tCO2e/$MTri Pointe HomesYear: 2023Scope 1: 150 tCO2eRevenue: $M 3,713Scope 1 Intensity: 0.04 tCO2e/$MMurphy USAYear: 2022Scope 1: 6,350 tCO2eRevenue: $M 23,449Scope 1 Intensity: 0.27 tCO2e/$MBallYear: 2024Scope 1: 387,349 tCO2eRevenue: $M 11,795Scope 1 Intensity: 32.84 tCO2e/$MGapYear: 2024Scope 1: 36,164 tCO2eRevenue: $M 15,086Scope 1 Intensity: 2.40 tCO2e/$MLKQYear: 2023Scope 1: 247,117 tCO2eRevenue: $M 13,866Scope 1 Intensity: 17.82 tCO2e/$MVFYear: 2024Scope 1: 7,895 tCO2eRevenue: $M 10,454Scope 1 Intensity: 0.76 tCO2e/$MBorgwarnerYear: 2024Scope 1: 59,119 tCO2eRevenue: $M 14,086Scope 1 Intensity: 4.20 tCO2e/$MAvery DennisonYear: 2024Scope 1: 238,000 tCO2eRevenue: $M 8,756Scope 1 Intensity: 27.18 tCO2e/$MLennarYear: 2022Scope 1: 10,515 tCO2eRevenue: $M 33,670Scope 1 Intensity: 0.31 tCO2e/$MChampion HomesYear: 2023Scope 1: 8,011 tCO2eRevenue: $M 2,607Scope 1 Intensity: 3.07 tCO2e/$MPultegroupYear: 2024Scope 1: 5,225 tCO2eRevenue: $M 17,949Scope 1 Intensity: 0.29 tCO2e/$MNorwegian Cruise Line HoldingsYear: 2024Scope 1: 3,242,719 tCO2eRevenue: $M 9,480Scope 1 Intensity: 342.07 tCO2e/$MWayfairYear: 2023Scope 1: 18,266 tCO2eRevenue: $M 12,003Scope 1 Intensity: 1.52 tCO2e/$MTaylor Morrison HomeYear: 2024Scope 1: 7,460 tCO2eRevenue: $M 8,168Scope 1 Intensity: 0.91 tCO2e/$M

How does Taylor Morrison Home's GHG emissions intensity compare to its peers?

In 2024, Taylor Morrison Home reported a Scope 1 emissions intensity of 0.91 tCO₂e per millions USD. Compared to the peer group median of 2.21 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Taylor Morrison Home rank on GHG emissions intensity within its industry?

In 2024, Taylor Morrison Home ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Taylor Morrison Home is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Taylor Morrison Home's Total Carbon Footprint

In 2024, Taylor Morrison Home reported a total carbon footprint of 1,904,690 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.67% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Taylor Morrison Home's total carbon footprint was Scope 3 emissions, accounting for 99.15% of the company's total carbon footprint, followed by Scope 2 emissions at 0.46%. a

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