ATLANTA, April 19, 2017 /PRNewswire/ -- In its effort
to help reduce energy use and greenhouse gas (GHG) emissions across
the more than 2,000 communities where it operates, The Home
Depot® has announced new consumer energy and GHG
reduction goals for 2020.
Anchored by the use of ENERGY STAR certified products, the
consumer-driven goals include a commitment to source and provide
innovative products that, through proper use, will help
to:
- Reduce North American consumers' electricity costs by more than
$2.8 billion by 2020
- Reduce North American consumers' greenhouse gas emissions by 20
million metric tons by 2020
The Home Depot has earned the U.S. EPA's ENERGY STAR Retail
Partner of the Year award for the tenth consecutive year, as well
as EPA's Sustained Excellence distinction, for its continued
leadership in offering the latest innovations in energy efficient
products.
In 1996, The Home Depot began efforts to influence its suppliers
to develop and adopt high efficiency standards for its appliance
and lighting products. As a result, Home Depot customers have
realized hundreds of millions of dollars in utility cost savings
over the past decade.
"We recognize the positive impact ENERGY STAR certified products
have in consumer homes each day and will continue to work with our
supplier partners to bring the best environmental innovations to
our stores each year," said Ron
Jarvis, vice president of environmental for The Home
Depot.
In addition to the new consumer energy goals, the company's
existing 2020 energy goals include reducing store energy use by an
additional 20 percent below 2010 consumption levels and the
procurement of 135 MW (megawatts) of electricity from a combination
of onsite fuel cells and solar installs, as well as offsite solar
and wind developments.
The company promotes ongoing consumer and associate-based
education programs that have helped to increase awareness of ENERGY
STAR certified products and their environmental and financial
benefits. Consumer tips for saving energy are available at the
company's digital newsroom at:
http://corporate.homedepot.com/newsroom/lower-energy-bill-spring.
As a part of the company's sustainability strategy, merchants
and suppliers place a priority on products that feature reduced
environmental impacts. The company reviews the collective impact of
those products annually for sustainable forestry practices, energy
and emissions reduction, material reduction, water savings, and
chemical use reduction.
The Home Depot offers more than 20,000 ENERGY STAR products in
stores and online.
To learn more about ENERGY STAR's awards program, visit
http://www.energystar.gov/awardwinners.
The Home Depot is the world's largest home improvement specialty
retailer, with 2,281 retail stores in all 50 states, the
District of Columbia, Puerto Rico, U.S.
Virgin Islands, Guam, 10
Canadian provinces and Mexico. In
fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion. The Company employs more than
400,000 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.
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SOURCE The Home Depot