Home Depot provides sustainability update

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Home Depot provides sustainability update

By HBSDealer Staff - 07/23/2019
The Home Depot has released its 2019 Responsibility Report, detailing the company's 2018 progress on its commitment to operate sustainably, focusing on people and strengthen communities. 

The Atlanta, Ga.-based retailer has set science-based targets to achieve a 40% reduction in its carbon emissions by 2030 and a 50% reduction by 2035. 

The company reported that U.S. store energy has decreased 26% compared to 2010, which is well ahead of its goal for 20% reduction by 2020. Home Depot said it conducted 1,362 factory audits and 1,649 follow-up visits in 2018.

The company announced a new goal to invest more than 1 million hours per year over the next five years in training and development to help associates grow their careers. According to the report, Home Depot’s associate workforce was 44% minority and 38% female in 2018.

Home Depot also said that four out of five associates “feel emotionally committed” to the company, according to its annual “Voice of the Associate” survey.

"Our associates, suppliers and customers drive our sustainability success," said Ron Jarvis, vice president of environmental innovation for The Home Depot. "The 2019 Responsibility Report showcases outstanding examples of our core values – how we work together to create a business that's inclusive, ethical and sustainable. We continue to challenge ourselves to think innovatively and keep raising the bar for sustainability."

Regarding communities, In 2018, The Home Depot Foundation committed an additional $250 million to veteran causes, taking the total commitment to half a billion dollars by 2025. The foundation also gave nearly $5 million in 2018 to help communities affected by natural disasters and has committed $50 million to train 20,000 skilled workers by 2028.

The full report from Home Depot can be read here