LGI Homes, Inc. Sustainability Profile
LGI Homes, Inc., a prominent player in the residential construction industry, is headquartered in the United States. Founded in 2003, the company has established a strong presence in key operational regions, including Texas, Arizona, and Florida. Specialising in the development of affordable, high-quality homes, LGI Homes is recognised for its innovative designs and commitment to customer satisfaction. The company offers a diverse range of single-family homes, catering to first-time buyers and growing families alike. Notable for its unique approach to homebuilding, LGI Homes provides a streamlined purchasing process and a variety of energy-efficient features. With a solid market position, the company has achieved significant milestones, including rapid expansion and recognition for its exceptional value in the housing market.
DitchCarbon Score
How does LGI Homes, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
LGI Homes, Inc.'s score of 22 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LGI Homes, Inc.'s reported carbon emissions
In 2022, LGI Homes, Inc. reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects a significant decrease from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e. Despite these figures, LGI Homes has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not made any formal climate pledges or commitments to reduce emissions, indicating a potential area for future development in their sustainability strategy. As a homebuilder headquartered in the US, LGI Homes operates within an industry increasingly focused on reducing carbon footprints and enhancing environmental responsibility. The absence of reduction targets suggests that while the company is aware of its emissions, it may need to establish clearer commitments to align with broader industry standards and expectations.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is LGI Homes, Inc.'s Industry?
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LGI Homes, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
LGI Homes, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
