Builders FirstSource has released their Business Social Responsibility Report for 2023

Date:

Builders FirstSource, the top dealer on this year’s LBM 100 list, has released its 2023 Corporate Social Responsibility (CSR) report, which highlights the company’s progress in environmental, social, and governance (ESG) in 2022.

The report provides an overview of the company’s actions and programs to increase transparency and sustainability throughout the organization for the benefit of its team members, stakeholders, and partners.

Highlights from the 2023 CSR report include:

Environment:

Baselines for Scope 1 and Scope 2 greenhouse gas emissions have been established. No later than 2025, the company aims to set short-, medium-, and long-term reduction targets for Scope 1 and Scope 2 emissions.

>90% of the wood used by the company comes from certified Sustainable Forestry Initiative (SFI) or Forest Stewardship Council (FSC) vendors.

By using Builders FirstSource produced framing components instead of traditional framing methods, >1.3 million trees were saved in 2022.

Diversity:

WEBUILD, a new women-focused employee resource organization, was launched, and veteran hiring activities were increased. 99% of team members received diversity, equality, and inclusion (DEI) training.

The executive ethnic and racial diversity climbed to 13% in 2022, up from 5% in 2021.

Team Members & Community:

In 2022, we achieved a 22% annual reduction in our total recordable incident rate (TRIR), more than tripling our goal. The company has set a target of reducing our TRIR by 10% by 2023.

All team members receive extensive safety and on-the-job training.

In 2022, we will have donated more than $3.2 million to our local communities.

“In 2022, we took a step forward in our ambitions to reduce greenhouse gas emissions, increase our use of sustainable materials, improve our safety performance, and foster a more diverse and inclusive culture, all while maintaining our industry-leading position as a preferred employer and supplier.” Our ESG programs attempt to address the issues most relevant to our stakeholders, and we look forward to continuing the conversation on these themes. We know that creating a sustainable future has its obstacles, but we are willing to face them as a team in order to support greener homebuilding and a more inclusive environment for all,” stated Dave Rush, CEO of Builders FirstSource.


Amazing Builder Partners



Alex Matthews
Alex Matthews
Alex is one of our editors based out of Atlanta. He provides building and construction industry updates across mid to South Atlantic U.S.

Popular

Share post:

More like this
Related

Existing Home Sales Plunge to 13-Year Low as Mortgage Rates Surge

According to the National Association of Realtors, existing home...

The MITER Foundation raises over $4M for charity

In late September and early October, the MITER Foundation,...

Consumers’ Confidence Stalled Despite Concerns about the Future

This pessimism was mostly caused by ongoing inflation, particularly...

Inflation Remains High as Housing Costs Continue to Rise

Despite a slowing in year-over-year growth, shelter costs continue...

Rental Focus in Multifamily Development Shows Slight Decline

According to NAHB's study of quarterly Census data, the...

Builders’ General Supply Company’s Jimmy Porcelli retires after 45 years

After 45 years of service, James "Jimmy" Porcelli retired...

Single-family Starts Post Unexpected Gain in September

Despite high mortgage rates averaging more than 7%, single-family...

Missing Middle Construction Stalled Since Great Recession

The missing middle construction sector comprises the development of...

Housing Starts Lower on Rising Mortgage Rates

Higher mortgage rates averaging above 7% slowed single-family production...

NAR: Existing home sales increased in January 2024

Following a cycle low in December, existing house sales...

According to Realtors, The Most Crucial Factor Limiting Purchases is a Lack of Housing Inventory

According to a National Association of Realtors poll, nearly...

NAHB: 2-Story Home Shares Continue to Rise

According to the National Association of Home Builders' tabulation...

Sherwin-Williams Introduces Anthology for Colormix Forecast 2024

Sherwin-Williams has launched a new biannual approach to the...

Kodiak Building Partners acquires Don’s Appliances

Kodiak Building Partners, a distributor of building materials and...

Rising Interest Rates Reduce Housing Affordability

Increasing home prices and interest rates, combined with higher...

TK Elevator introduces EOX, a low- to Mid-rise Elevator that is both Eco-friendly and Digitally Native

TK Elevator, one of the elevator industry's global market...