ESG (Environmental, Social, and Governance) reporting has become an increasingly popular way for companies to show their commitment to sustainability and social responsibility. In an effort to track diffusion of this practice among home builders, Home Innovation Research Labs, in collaboration with Professional Builder Magazine, surveyed 300 home builders in September 2023 about their current and anticipated ESG reporting practices and motives for adopting ESG reporting.
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Over the past few years, Home Innovation has conducted numerous studies to track the adoption of offsite technologies, identify and remove specific barriers, and create solutions that enable the industry to make the shift. While perceived barriers are shrinking slightly, they are still very present. We surveyed a nationwide sample of 300 homebuilders in 2021, and 248 homebuilders in 2023 and asked them to describe in their own words what’s keeping them from adopting offsite construction (modular, panelization, etc.).
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