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Lennar Corporation, a leading name in the construction industry, is headquartered in the United States and has a significant presence across various regions, including California, Texas, and Florida. Founded in 1954, Lennar has established itself as a pioneer in homebuilding, focusing on residential construction and community development.
The company is renowned for its innovative approach to building homes, offering a range of products and services that include single-family homes, townhomes, and condominiums. Lennar's unique "Everything's Included" programme sets it apart, providing buyers with a comprehensive package of features and upgrades at no additional cost.
With a strong market position, Lennar has consistently been recognised for its commitment to quality and customer satisfaction, making it one of the largest homebuilders in the United States. Its dedication to sustainable building practices further enhances its reputation in the construction sector.
-16 vs industry average
Lennar’s score of 8 is lower than 11% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Construction Work has above-average carbon intensity
The Construction Work industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Lennar, a US-based construction company, reported approximately 14.87 billion kg CO2e in total greenhouse gas emissions for 2022. This includes about 10.52 million kg CO2e from Scope 1 emissions, approximately 34.06 million kg CO2e from Scope 2 emissions, and around 14.83 billion kg CO2e from Scope 3 emissions.
Within its Scope 1 emissions, mobile combustion contributed about 6.7 million kg CO2e and fugitive emissions approximately 552,000 kg CO2e. Purchased electricity accounted for approximately 18.32 million kg CO2e of its Scope 2 emissions.
Significant contributors to Lennar's Scope 3 emissions included use of sold products, which was about 8.43 billion kg CO2e, and purchased goods and services, at approximately 6.24 billion kg CO2e. Other notable Scope 3 categories included investments (about 87.81 million kg CO2e), capital goods (approximately 16.95 million kg CO2e), employee commute (about 31.2 million kg CO2e), business travel (approximately 7.75 million kg CO2e), fuel and energy-related activities (approximately 4.64 million kg CO2e), downstream leased assets (about 816,000 kg CO2e), and waste generated in operations (approximately 2.83 million kg CO2e).
Lennar has not disclosed any specific greenhouse gas emissions reduction targets, including SBTi-validated targets, nor has it signed The Climate Pledge.
No climate goals have been disclosed for Lennar yet.
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