IRVINE, Calif., March 27, 2006 (PRIMEZONE) -- Taylor Woodrow, a leading international homebuilder with nearly 40 communities in the Western Region, was recently named to the prestigious list of "Global 100 Most Sustainable Corporations in the World" for its performance in environmental, social and governance issues. Taylor Woodrow was the only homebuilder to meet the stringent requirements of this high honor in 2005, listed alongside some of the world's most recognizable brands including Bank of America, Intel, Nike, Coca-Cola and UPS.
According to the Global 100 Web site, "social, environmental and governance factors are increasingly relevant to financial performance, and that companies which show superior management of these issues are fast gaining an edge over their competitors -- an edge which we believe will translate into out-performance in the long haul. The Global 100 companies are therefore sustainable in the sense that they have displayed a better ability than most of their industry peers to identify and effectively manage material environmental, social and governance factors impacting the up (opportunity) and down (risk) sides of their business."
As recognized in the Global 100, Taylor Woodrow is committed to being an environmentally conscious developer and homebuilder, making the most efficient use of land during the planning process and protecting and enhancing the environment wherever possible. This dedication also drives the company to seek unique redevelopment and infill projects that rejuvenate older communities and offer new solutions in housing without impacting undeveloped land.
"This latest accolade is an added endorsement that Taylor Woodrow is the world's leading homebuilder, and we think that this will only add to the confidence that our customers in the Western Region have in our commitment and ability to providing the absolute best home possible," said Mike Forsum, Western Regional President for Taylor Woodrow.
"When you look at the types of housing we create, especially unique infill projects and redevelopment, our commitment to sustainable building is clear," continued Forsum. "It's truly an honor to be singled out for our commitment to building a wide variety of housing solutions that enhance communities."
The Global 100 Most Sustainable Corporations in the World is a project initiated by Corporate Knights Inc., with Innovest Strategic Value Advisors Inc., a leading research firm specializing in analyzing "non traditional" drivers of risk and shareholder value including companies' performance on social, environmental and strategic governance issues. Innovest was selected as the exclusive research analytic data provider for the Global 100. Launched in 2005, the annual Global 100 is announced each year at the World Economic Forum in Davos.
A world-wide homebuilding and community development business based on customer service, innovative design, attention to detail and team work, Taylor Woodrow is responsible for some of the world's largest and most unique developments, including such projects as hydro-electric dams in Canada, the John Wayne Orange County airport in California, the British Embassy in Moscow, Main Street USA at Disneyland-Paris, and the undersea engineering marvel known as "The Chunnel," connecting Great Britain and France.
About Taylor Woodrow Homes
Taylor Woodrow is one of the largest homebuilders in the world, with leading positions in North America, the United Kingdom, and Spain. Publicly traded on the London Stock Exchange, in 2005 the company delivered over 12,500 homes worldwide and generated revenues of $6.3 billion. For 70 years, Taylor Woodrow has been building award winning homes, high-rise condominiums, and lifestyle communities in North America. Headquartered in Bradenton, Florida, current operations include more than 90 active developments throughout Florida, California, Arizona, Texas, and Ontario, Canada. The company's Western Region is headquartered in Irvine, California and includes four divisions: Northern California, Southern California North (Los Angles and Orange Counties), Southern California South (Riverside and San Diego Counties) and Arizona.