ATLANTA, November 30, 2016 – The Home Depot®, the world's largest home improvement retailer, today released its annual corporate responsibility report outlining achievements and commitments for community and charitable giving, workplace, sustainability and environmental initiatives.
As part of its renewable energy initiative, the company has committed to procuring 135 megawatts (MW) of renewable energy by the end of 2020. In pursuit of that goal, The Home Depot’s energy management team plans to increase renewable energy capacity through new solar and wind projects over the next several months.
In addition to more than 12 thousand megawatt hours (MWh) of energy procured annually from offsite solar farms in Delaware and Massachusetts, nearly 150 stores and distribution centers are utilizing fuel cell technology.
Additional highlights from 2015 include:
- The company put 4,000 fewer trucks on the road than the previous year due to supply chain optimization efforts resulting in a reduction of more than 4,100 metric tons of carbon emissions.
- The company now offers more than 29,000 environmentally preferable products.
- Sales of ENERGY STAR® products reduced customers’ carbon emissions by approximately four million metric tons and WaterSense® products saved customers more than 70 billion gallons of water.
- The company achieved a score of 99 out of 100 in the Carbon Disclosure Project.
- The Home Depot Foundation has impacted 26,700 veterans’ homes and facilities since 2011, and this year increased its financial commitment to veterans related causes to $250 million by 2020.
The Home Depot applies Global Reporting Initiative (GRI) G4 Guidelines, which are included in the 2016 Responsibility Report, as a cross-reference tool for its sustainability reporting to make meaningful data available to stakeholders.
The 2016 Responsibility Report and additional information on The Home Depot’s renewable energy initiatives are located online at: https://corporate.homedepot.com/responsibility.
About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer, with 2,277 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2015, The Home Depot had sales of $88.5 billion and earnings of $7.0 billion. The Company employs more than 385,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.