Richmond American Homes

Richmond American Homes's reported carbon emissions

In 2021, Richmond American Homes reported total carbon emissions of approximately 2.24 billion kg CO2e. This figure includes Scope 1 emissions of about 1,077,000 kg CO2e, Scope 2 emissions of approximately 2,600,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 2.24 billion kg CO2e. The Scope 3 emissions primarily stem from purchased goods and services, use of sold products, and employee commuting. Richmond American Homes has set ambitious climate commitments, aiming to reduce its national average Home Energy Rating System (HERS) rating to 50 or less by 2025. This target applies to both Scope 1 and Scope 2 emissions and reflects the company's near-term strategy for achieving net-zero emissions. The initiative is part of a broader commitment to sustainability, inherited from its parent company, M.D.C. Holdings, Inc., which is involved in various climate-related initiatives. The company’s emissions data is cascaded from its parent organization, M.D.C. Holdings, Inc., and reflects a commitment to transparency and accountability in its environmental impact. Richmond American Homes continues to work towards reducing its carbon footprint while contributing to the overall sustainability goals of the construction industry.