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01/28/2020

Home Depot makes an environmental ‘A List’

The Home Depot announced that it has received a top rating in efforts to reduce its environmental impact and build a sustainable future for its customers.

CDP, an environmental impact non-profit, named The Home Depot to its Climate Change “A List” for its actions to cut carbon emissions and mitigate climate risks.

Other companies and major brands on the list include Apple, Alphabet Inc. (Google), Best Buy, Coca Cola, Ford Motor Company, Hilton, Owens Corning, Stanley Black & Decker, Saint-Gobain, and Toyota Motor Corporation. Altogether, 179 companies made CDP’s A List.

Each year, thousands of companies disclose data about their environmental impacts to CDP for an independent assessment and receive scores ranging from A to D- for how effectively they are tackling climate risks and building toward a future zero-carbon economy.

The Home Depot said it is focused on reducing carbon emissions by continually improving energy efficiency in its operations and expanding investments in renewable and alternative energy.

The Atlanta-based retailer has reduced absolute carbon emissions by over 3 million metric tonnes since 2009. This was achieved amid significant growth – from $66 billion in sales in 2008 to $108 billion in 2018.

The company also set science-based targets in 2018 to achieve a 40% reduction in its carbon emissions by 2030 and a 50% reduction by 2035.

“We’re honored to be recognized by the CDP for our efforts to reduce our environmental impact,” said Ron Jarvis, vice president of environmental at The Home Depot. “Our results come from making improvements kilowatt by kilowatt.”

Jarvis said that the company has retrofitted LED lighting in more than 1,300 stores, installed energy-efficient heating, air-conditioning and ventilation systems in 133 stores, and has updated HVAC units in 467 stores.

As a result of its initiatives, energy consumption at U.S. stores decreased by 26% between 2010 and 2018. The company’s initial goal was 20% reduction by 2020.

“We constantly strive to improve the sustainability of our operations, because it’s good for our business and good for the planet,” Jarvis said.

In 2018, the retailer shrank its supply chain emissions intensity by 6%, reducing the carbon dioxide produced for each unit consumed.  The company also eliminated over 117,000 truckloads in the U.S. in 2018 through supply chain efficiencies and leverages green technologies like hydrogen fuel cells, which produce off-the-grid power, within its supply chain operations.