MOORESVILLE, N.C., May 9, 2017 /PRNewswire/ -- Lowe's
Companies, Inc. (NYSE: LOW) today released its 2016 Corporate
Social Responsibility (CSR) Report, providing a detailed review of
the company's sustainability progress during the past year. Titled
"Serving With Purpose," the report outlines how Lowe's is building
on its 70-year heritage of serving customers, employees and
communities through programs guided by the company's purpose and
values. The 2016 CSR report can be viewed on Lowe's newsroom.
Experience the interactive Multimedia News Release here:
https://www.multivu.com/players/English/7906454-lowes-2016-csr-corporate-social-responsibility-report/
The company continues to take steps in important areas,
including efforts to reduce energy use and emissions, enhance its
overall workplace experience, grow community engagement and improve
its offering of sustainable products. In 2016, Lowe's established a
Sustainability and Product Stewardship Council to oversee
sustainability priorities, and the company intends to launch an
enhanced sustainability strategy enterprise-wide this year.
Lowe's received national recognition for service to the
community, environment and its employees in 2016. Boys & Girls
Clubs of America presented the company with its 2016 Corporate
Philanthropy Award for making an extraordinary impact on the lives
of young people. Lowe's became the only retailer to receive eight
SmartWay awards from the Environmental Protection Agency for
promoting clean transportation practices. And the company received
the U.S. Department of Defense Freedom Award, the highest
government honor given to employers for supporting the military,
particularly employees serving in the Guard and Reserves. Lowe's
recently expanded its military support by announcing an enhanced
military discount – 10 percent off purchases every day to current
and honorably discharged members of the U.S. military.
Here are a few other highlights from 2016:
- Lowe's introduced a new program that provides full-time
employees with up to eight hours of paid time off annually to
volunteer, and employees contributed more than 60,000 volunteer
hours in the first year to strengthen their local communities.
- Lowe's teamed with Habitat for Humanity to build or repair more
than 1,000 homes across the U.S. to help families realize their
dreams of homeownership.
- The company recycled more than 9 million pounds of plastic
plant trays and pots collected in its Garden Centers, and Lowe's
surpassed 5 million pounds of rechargeable batteries collected from
customers since 2004.
- Lowe's sold enough ENERGY STAR products in 2016 to save
customers $3.3 billion in utility
costs over the products' lifetime.
Lowe's 2016 CSR report contains standard disclosures from the
Global Reporting Initiative (GRI) G4 Sustainability Reporting
Guidelines, along with a GRI index, to make it easier to
access and understand key data.
To download the report or to learn more about social
responsibility at Lowe's, visit Newsroom.Lowes.com.
About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a
FORTUNE® 50 home improvement company serving more than
17 million customers a week in the United
States, Canada and
Mexico. With fiscal year 2016 sales of $65.0 billion, Lowe's and its related businesses
operate or service 2,365 home improvement and hardware stores and
employ over 290,000 people. Founded in 1946 and based in
Mooresville, N.C., Lowe's supports
the communities it serves through programs that focus on K-12
public education and community improvement projects. For more
information, visit Lowes.com.
SOURCE Lowe's Companies, Inc.