The Home Depot Maritime Emissions Outlook
The Home Depot strives to reduce our carbon footprint by improving the efficiency of our store and supply chain operations.
Today, maritime carbon emissions from all types of vessels (tankers, bulk carriers, container vessels) account for around three percent of anthropogenic global greenhouse gas emissions according to the UN International Maritime Organization (IMO). The Home Depot applauds IMO’s actions to establish global goals and metrics such as the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII), which are expected to impact carbon emission performance and speed of ships in 2023.
The Home Depot partners closely with ocean freight carriers who care about environmental stewardship as much as we do, and we make sure to understand their current and future goals to decarbonize maritime transport. We are pleased to recognize that all six of our major ocean freight partners have set Net Zero carbon goals of 2040/2050, setting the potential for decarbonization of our ocean freight transport.
The innovation that is happening around greener fuels and technologies for transportation is transformative. Solutions such as green methanol, green ammonia, and other low-carbon fuels will enable the maritime industry to have a greater impact on the sustainability of global supply chains in a safe and scalable process.
The Home Depot’s value of Doing the Right Thing aligns with our mission to be good to the environment, and there’s more to be done. We are committed to working with our partners to drive further innovation in cleaner transportation so we can continue to provide our customers with the products they need when they need them.