Sustainability Report

1992

Enters Virginia and Connecticut

Opens Westminster Title, a wholly-owned full-service title company

Holds first-ever Toll Brothers Gala fundraiserMost recently, Toll Brothers has supported the American Cancer Society (ACS), a nationwide, community-based health organization, in its mission to free the world from cancer through life-saving research. Through our annual fundraising event, Toll Brothers raised over $10 million for the ACS., initiating a decades-long philanthropic undertaking

2004

Opens first Toll Brothers Design Studio in Florida, offering a showroom environment to view and compare personalization options

2008

Naval Square community recognized by the Preservation Alliance for Greater Philadelphia as a recipient of the 2008 Grand Jury Award for Preservation AchievementAmong the protected historic resources at Naval Square were the original wall around the property, the gatehouses, and the viewshed of the principal historic buildings from Grays Ferry Avenue. The interior of the property's most significant structure, Biddle Hall, was creatively adapted to 66 residential units in a manner that allows all the units in the two long wings to have direct exterior access utilizing original openings. The second-floor features bi-level units that take advantage of skylights and monitor windows running the length of each wing. Common areas, such as the original main entry foyer and marble staircase, were retained and restored. In the original rotunda, the domed plaster ceiling and skylight oculus were restored; the space is now used as a gathering place, and multimedia and fitness center.

2009

Christine N. GarveyChristine N. Garvey has been a member of our Board since September 2009. She is a member of the Audit and Risk Committee and the Public Debt and Equity Securities Committee. Ms. Garvey was the Global Head of Corporate Real Estate Services at Deutsche Bank AG from 2001 to 2004. Prior to that, she served as Vice President of Worldwide Real Estate and Workplace Resources at Cisco Systems, Inc. and as Group Executive Vice President at Bank of America. Ms. Garvey has been a member of the board of directors of HCP, Inc. since 2007. She previously served on the boards of directors of ProLogis through May 2017 and Hilton Hotels Corporation through October 2007. joins the Board

2016

Enters Idaho with the acquisition of Coleman Homes

In the FORTUNE magazine 2016 Survey of the “World's Most Admired Companies®,“ ranked #6 worldwide across all industries in Quality of Products/Services Offered after Apple, Walt Disney, Amazon, Alphabet, and Nordstrom, and before Netflix and Facebook; in the same 2016 survey, again named the “#1 Home Builder Worldwide“

John A. McLeanJohn A. McLean has been a member of our Board since March 2016. He is a member of the Nominating and Corporate Governance Committee. Mr. McLean is a Senior Managing Director of New York Life Investment Management, where he oversees U.S. distribution. Prior to joining New York Life in June 2018, Mr. McLean was the Chief Executive Officer and Distribution Principal for Hartford Funds Distributors, a subsidiary of Hartford Funds, from January 2013 to April 2018. From April 2009 to May 2012, he was the Head of U.S. Retail and Offshore Sales at Eaton Vance Investment Managers. Prior to that time, Mr. McLean held positions of increasing responsibility at MFS Fund Distributors. He serves on the Board of Trustees of Gateway to Leadership. joins the Board

Celebrates 30 years as a public company by ringing bell at New York Stock Exchange (NYSE)

2018

Wendell E. PritchettWendell E. Pritchett has been a member of our Board since March 2018. He is Provost of the University of Pennsylvania, a position he has held since July 2017. Since 2014, he has been the Presidential Professor of Law and Education at the University of Pennsylvania. From 2014 to 2015, he served as Interim Dean of the University of Pennsylvania School of Law. A professor at the University of Pennsylvania School of Law from 2001 to 2009, Dr. Pritchett also served as Chancellor of Rutgers University-Camden from 2009 to 2014, and in 2008 he served as Deputy Chief of Staff and Director of Policy for Philadelphia Mayor Michael Nutter, who also appointed him to the School Reform Commission, where he served from 2011 to 2014. Dr. Pritchett served as Chair of the Redevelopment Authority of Philadelphia and as President of the Philadelphia Housing Development Corporation from 2008-2011. Prior to that, he spent five years as assistant professor of history at Baruch College of the City University of New York, and in 2007, he chaired the Urban Policy Task Force for then-U.S. Senator Barack Obama's presidential campaign. Dr. Pritchett is a member of the board of directors of WHYY and the Stoneleigh Foundation. joins the Board

2019

Enters Georgia with the acquisition of Sharp Residential and South Carolina with the acquisition of Sabal Homes

Establishes multi-department Sustainability Committee

Completes first Human Rights Equality Index

Karen H. GrimesKaren H. Grimes has been a member of our Board since March 2019. She is a member of the Audit and Risk Committee. Ms. Grimes held the position of Senior Managing Director, Partner, and Equity Portfolio Manager at Wellington Management Company LLP from January 2008 through December 2018. Prior to joining Wellington Management Company in 1995, she held the position of Director of Research and Equity Analyst at Wilmington Trust Company from 1988 to 1995. Before that, Ms. Grimes was a Portfolio Manager and Equity Analyst at First Atlanta Corporation from 1983 to 1986 and at Butcher and Singer from 1986 to 1988. Ms. Grimes is a member of the Financial Analysts Society of Philadelphia and holds the Chartered Financial Analyst designation. joins the Board

Establishes three Employee Resource Groups (ERGs): Toll Women's Network, Veterans at Toll, and Toll PRIDE

2020

Enters Tennessee with the acquisition of Thrive Residential

Stephen F. EastStephen F. East has been a member of our Board since March 2020. Prior to his retirement in July 2019, he served as a Managing Director and Senior Consumer Analyst at Wells Fargo & Company, heading the equity research team that covered the homebuilding and building products sectors. Prior to joining Wells Fargo, he spent four years with Evercore ISI, an independent research firm, as a Partner and Senior Managing Director heading the firm's housing research efforts, and, prior to that, spent nearly two decades in equity research and investment management at various firms. Mr. East holds the Chartered Financial Analyst designation. joins the Board

The nonprofit Building Talent Foundation (BTF)Founded by the 20 leading residential construction companies in the U.S. in 2019 as a non-profit entity, BTF brings together employers, educators, and all other market players, in regional skills collaborations, to catalyze, accelerate, and synchronize joint projects for building the sector's workforce of the future. is founded by Toll Brothers and other leading residential construction companies in the U.S.

Establishes two additional ERGs: BELIEVE (Black Employees Leading Inclusion, Excellence, Vision, and Education) and MOSAIC (Multicultural Organization Supporting an Inclusive Culture)

Opens new corporate headquarters in Fort Washington, Pennsylvania with a host of integrated features that promote Sustainability priorities•Motion sensors in reservable rooms help conserve energy•Daylight harvesting systems adjust lighting to save energy based on daylight availability•Gender-neutral bathroom availability•Four private Wellness Rooms for lactation, meditation, prayer, and other personal needs•Standing desk and ergonomic chair at every workstation•Reservable treadmill desk•Shared fitness center and basketball court•Public walking trail around the perimeter of campus•Chiropractic services•Automated air circulation with outdoor air replacing indoor air at up to six times the code requirement•Green wall installed in common area to create a natural air filter•LED lighting•Workspaces that encourage collaboration

2021

Publishes Inaugural Sustainability Report

Scott D. StowellScott D. Stowell has been a member of our Board since November 2021. He is the president and chief executive officer of Capital Thirteen LLC, a company he founded that specializes in advisory, real estate investment, and angel investing. From 2015 to 2018, he served as executive chairman of CalAtlantic Group, Inc., the 5th largest U.S. home builder in 2017, and oversaw the merger of CalAtlantic with Lennar Corporation. Mr. Stowell served on the board of directors of Lennar from 2018 until April 2021. From 2012 to 2015, he served as chief executive officer of Standard Pacific Homes, which he joined in 1986, and oversaw its merger in 2015 with the Ryland Group, resulting in the creation of CalAtlantic. With over thirty years in the home building sector, Mr. Stowell is recognized as one of the industry's most distinguished leaders. Mr. Stowell serves on the Board of Pacific Mutual Holding Company, where he currently serves on the Compensation and Personnel Committee (as Chair) and the Governance and Nominating Committees. Mr. Stowell also serves on the executive committees of HomeAid America and the First Point Volleyball Foundation. He is a member of the Dean's Advisory Board at University of California, Irvine's Merage Business School." and Derek T. KanDerek T. Kan has been a member of our Board since December 2021. He is an executive at Deliverr, a startup focused on e-commerce fulfillment. Previously, he held a number of high-level positions in the Federal government, including as Deputy Director of the White House Office of Management and Budget and as Under Secretary at the U.S. Department of Transportation, where he served as a principal advisor to the Secretary and spearheaded initiatives involving technology and innovation in the transportation sector. Having been nominated by President Biden and confirmed by the United States Senate, Mr. Kan currently serves on the United States Postal Service Board of Governors. Prior to his recent public service, Mr. Kan held various positions focused on emerging technologies, including as the General Manager for Lyft and Director of Strategy for GenapSys, a technology company focused on advancing genomic sequencing research. Earlier in his career, Mr. Kan was a policy advisor to the former Senate Majority Leader and was a Presidential Management Fellow at the White House Office of Management and Budget. Mr. Kan currently serves as a Senior Advisor for Oaktree Capital and a Board Observer of Rand Logistics. He previously served as a member of the Board of Directors of Amtrak from January 2016 through July 2019. Mr. Kan received a B.S. degree from the University of Southern California, an M.Sc. from the London School of Economics, and an M.B.A. from the Stanford Graduate School of Business, where he was an Arjay Miller Scholar. join the Board

PRIDE Employee Resource Group hosts first Pride MarchToll PRIDE hosted its first Pride March to celebrate Pride Month. The event was hosted virtually as well as in-person at Corporate, DC Metro, LA Design Studio, Seattle Design Studio, the Massachusetts Division Office, the Austin Division Office, and various Sales Centers throughout Pennsylvania. All groups marched outside while listening to information about LGBTQ "firsts" throughout history. to celebrate Pride Month

BELIEVE Employee Resource Group hosts first march in honor of Black History MonthBELIEVE hosted a Commemorative Walk in honor of Black History Month and the historic march from Selma to Montgomery. In 1965, thousands of protestors walked 54 miles from Selma, Alabama to Montgomery, Alabama to raise awareness for the need of a National Voting Rights Act and to register Black voters. The virtual, 30-minute walk started off with a presentation about the history of the Selma to Montgomery march and was followed by recordings of freedom songs sung by marchers in 1965 and a speech by Dr. Martin Luther King Jr. and to commemorate the 1965 historic march from Selma to Montgomery, Alabama

2022

A Life Fondly Remembered

Robert I. Toll, 1940-2022 | Our founder, mentor, and friend, Bob Toll, leaves behind a legacy of visionary leadership, incomparable life lessons, and generous giving. Learn more on our Bob Toll tribute site.

The Company marks over 150,000 families now living in a Toll Brothers home.

For the first time, Toll Brothers surpasses 10,000 homes delivered in a fiscal year (10,515 homes in fiscal 2022).

Expands presence in Texas with the acquisition of Rialto Homes in San Antonio.

2023

Katherine M. Sandstrom & Judith A. Reinsdorf join the Board

2024

First time HB Revenue exceeds $10B

In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World's Most Admired Companies^TM list* and the Company's Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron's magazine.