NVR Inc.
NVR.US | Construction of buildings
NVR, Inc. is a homebuilding and mortgage banking company. It operates in two business segments: Homebuilding and Mortgage Banking. The Homebuilding segment builds and sells single-family detached homes, townhomes and condominium buildings, primarily to first-time and move-up buyers. The Mortgage Ban...Show More
Better Health for All
-10
NVR's core products, homes, provide modest health benefits as 100% of homes built in 2024 were designed to reduce injuries and included low VOC paints.
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These homes were also over 40% more energy efficient than a standard new home, with an average HERS Index Score of 58.
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However, NVR does not disclose its greenhouse gas (GHG) emissions, despite acknowledging climate-related regulations as a material risk in SEC filings, indicating incomplete risk transparency.
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Regarding health externalities, NVR incurred a $425,000 EPA fine for a water pollution violation in 2017.
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Despite this, the company implements comprehensive mitigation efforts, including reducing freight by over 960 annual shipments, which equates to 203,000 fewer miles traveled and 34,000 fewer gallons of fuel annually, thereby reducing air pollution.
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NVR also recycles approximately 17,020 tons of concrete, 11,220 tons of lumber scrap, 185 tons of metal, and 65 tons of cardboard annually, and sources over 80% of raw materials from sustainably certified companies.
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For other health-related KPIs, NVR's business operations do not directly involve public health products, services, or initiatives, leading to a neutral score.
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Fair Money & Economic Opportunity
-50
NVR has faced significant legal and regulatory issues concerning unfair and deceptive practices. A jury found the company violated Pennsylvania’s Unfair Trade Practices and Consumer Protection Law (UTPCPL) for fraudulent or deceptive conduct, resulting in a trebled award of $367,755.60, though this judgment was later reversed and remanded for further proceedings on remaining claims.
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The Delaware Attorney General filed a 39-count consumer lawsuit against NVR, alleging misrepresentations of mandatory golf course fees as homeowners association fees and failing to identify additional maintenance fees, seeking $10,000 for each violation.
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NVR (Ryan Homes) has also incurred three consumer protection violations with fines totaling $280,000.
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Furthermore, a lawsuit claimed the company withheld information about deed restrictions contained in a declaration of covenants and restrictions.
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Fair Pay & Worker Respect
-10
NVR Inc. reported a CEO to median employee pay ratio of 31:1 in fiscal year 2024
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, with the CEO's total compensation at $2,309,548
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and the median employee pay at $75,244
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. The company has a record of labor violations, including four substantiated workplace safety or health violations between 2021 and 2023
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. Additionally, a wage and hour violation was recorded in 2015
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Fair Trade & Ethical Sourcing
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NVR sources more than 80% of its raw material spending from companies participating in Forest Stewardship Council (FSC) or similar certification programs.
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Honest & Fair Business
-50
NVR Inc. has faced past regulatory penalties, including a $425,000 fine from the U.S. EPA in 2017 for failing to obtain necessary construction permits at 65 sites
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. Additionally, consumer protection violations for Ryan Homes in 2002, 2008, and 2010 totaled $280,000 in penalties
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. Customers have filed 225 complaints with the Better Business Bureau, citing service and repair issues and delays in addressing construction defects
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. Legal cases include allegations of fraudulent design, negligent building, and undisclosed interest charges
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. Management does not expect current litigation to have a material adverse effect on the company's financial position
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. Regarding internal controls, NVR Inc. maintains policies and procedures designed to ensure compliance with anti-corruption laws, asserting that corporate funds have not been used for unlawful contributions or payments
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. An Audit Committee oversees procedures for confidential employee submissions regarding accounting, internal controls, or auditing matters
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Kind to Animals
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NVR, Inc. is a homebuilding and mortgage banking company. Its operations do not involve animal testing, animal agriculture, or animal-derived products, making most 'Kind to Animals' KPIs not applicable to its business model. While NVR implements stormwater management and erosion controls at construction sites to prevent runoff that could harm local wildlife habitats
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, and settled a Clean Water Act violation in June 2017 for $425,000
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related to protecting aquatic ecosystems
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, the provided articles do not offer measurable biodiversity impact, species recovery, or habitat restoration metrics required to score the 'wildlife_conservation_impact' KPI.
No War, No Weapons
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NVR Inc. has no involvement in military contracts, arms manufacturing, or conflict facilitation, with its operations focused on residential construction and mortgage banking.
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As a result, the company has no revenue from arms or defense contracts, no dual-use technology, and no sales to embargoed regimes.
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There is also no evidence of NVR Inc. engaging in specific peacebuilding initiatives or active participation in peace initiatives.
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The company has no defense assets to divest, no operations in conflict regions, and is not subject to the Arms Trade Treaty.
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Planet-Friendly Business
-30
NVR has not set science-based carbon reduction targets and has no Science Based Targets initiative (SBTi) commitment.
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In 2024, 40.07% of homes delivered (9,152 out of 22,836) were certified to a third-party multi-attribute green building standard.
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More than 80% of NVR's raw material spending is from companies participating in Forest Stewardship Council (FSC) or similar certification programs, and 80% of lumber is sourced from sustainable forests.
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For 2024, NVR reported $0 in monetary losses from legal proceedings associated with environmental regulations.
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Respect for Cultures & Communities
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No specific, quantifiable evidence was found in the provided articles to assess NVR.US against the defined Key Performance Indicators for 'Respect for Cultures & Communities'. Information regarding formal partnerships, community reinvestment, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, complaint resolution times, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous supplier engagement, cultural site protection, social license to operate, charitable giving to cultural organizations, community fund allocation, language inclusivity assessment scores, cultural incident response effectiveness, or cultural sensitivity training completion rates was not explicitly provided or did not meet the quantitative thresholds of the rubric.
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Safe & Smart Tech
10
NVR Inc has implemented systems and processes to prevent unauthorized access to sensitive data and maintains administrative, technical, and physical safeguards
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, with no reported incidents of unauthorized data use.
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The company provides excellent user data controls for residents in Delaware, Indiana, Kentucky, Maryland, New Jersey, Tennessee, and Virginia, including rights to access, portability, correction, deletion, and opting out of targeted advertising and data sale, supported by a Privacy Rights Request Form and Global Privacy Control.
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NVR Inc uses encryption and multi-factor authentication technologies to protect company data, and focuses on vulnerability management with enhanced monitoring capabilities and annual risk assessments.
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The company demonstrates good compliance with applicable privacy regulations, particularly in the US states where it operates.
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Zero Waste & Sustainable Products
-20
NVR Inc. integrates circular design principles as a standard practice in its homebuilding operations. This includes utilizing engineered lumber for floor, wall, and roof sheathing to reduce waste
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, employing computer-driven saws in centralized production facilities to maximize raw lumber utilization
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, and using advanced framing techniques and material takeoff to further reduce waste
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. Homes are designed under the BuiltSmart program to be durable and use resources efficiently
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. The company has implemented at least six waste reduction initiatives, such as recycling programs for cardboard, metal, and wooden pallets
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, optimizing lumber cuts to minimize scrap
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, and partnering with lumber recyclers to repurpose waste
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.