Protecting the Climate
Our store operations team constantly strives for the complementary goals of improving efficiency and reducing our environmental impact to protect the climate. We seek alternatives such as wind, solar and fuel cells to reduce our emissions and encourage the continued development of cleaner energy. We’re on track to get 135 megawatts of the energy used by our stores each year from renewable or alternative sources by 2020. That’s enough to power more than 300 stores.
Everyday we open our doors determined to do things better — to build on our business success as we reduce our company’s and our industry’s environmental impact and improve the lives of people in the global communities we influence, support and serve.
The simplest way to reduce emissions from energy use is to use less energy. At The Home Depot, we maximize that strategy, constantly looking for ways to cut consumption and improve efficiencies. Our efforts are good for our business, as well as the environment. We achieve results by making improvements kilowatt by kilowatt, year after year. For example, in 2017 we installed energy-efficient heating, air-conditioning and ventilation systems in an additional 91 stores. We also reduced our customers’ emissions by 6.2 million metric tons through energy-reducing product sales in 2017. Our goal is to reduce our customers’ greenhouse gas emissions by 20 million metric tons by 2020.
The Home Depot uses the GHG Protocol corporate accounting and reporting standard, which has been adopted by more than 90 percent of Fortune 500 companies to calculate metric tons of greenhouse gas emissions and efforts to reduce them. Here are THD’s results for 2017:
• Our combined carbon inventory for 2017 was 5,907,000 metric tons, a 648,417 metric ton decrease over 2016.
• Scope 1: Direct emissions from combustible sources and refrigerants totaled 433,633 metric tons, at 1.1 percent decrease compared to 2016.
• Scope 2: Indirect emissions from purchasing electricity totaled 1,681,640 metric tons, an 11.8 percent decrease year over year.
• Scope 3: Emissions from upstream transportation and distribution of freight totaled 3,791,806 metric tons - a 10 percent decrease compared to 2016.
Because of improvements made across operations, we earned an A- rating in 2017 from the Carbon Disclosure Project. That placed The Home Depot in the top quartile of our sector. CDP, an independent nonprofit working with businesses and cities to reduce greenhouse gases and drive sustainable water use.
In 2017, The Home Depot was awarded the U.S. Environmental Protection Agency’s 2017 SmartWay® Sustained Excellence Award for the fifth consecutive year. We earned this recognition through clean transportation best practices. Our ongoing Supply Chain Synchronization initiative has enabled us to optimize the way we store and move products, reduce truckloads by filling trucks more efficiently, lower our fuel consumption and emissions and more.