ATLANTA, July 2, 2018 /PRNewswire/ -- The Home
Depot® announced today that its stores have cut energy use
23.5 percent since 2010, exceeding the company's goal to reduce
consumption by 20 percent by 2020. Hitting that energy-saving goal
three years early is among progress detailed in the company's 2018
Responsibility Report, released last week.
Titled A Year of Progress, the report outlines the
company's sustainability progress and environmental, workforce and
community initiatives. The report is available on The Home Depot's
corporate newsroom Built from Scratch, including a
summary infographic. In addition, a special episode of the
company's "Give Me an H" podcast is available, featuring
Ron Jarvis, vice president of
environmental innovation.
"As part of our values, we encourage our associates to be
entrepreneurial, innovative and creative, and the successes you'll
see in this report are a testament to their talent and dedication,"
said Craig Menear, The Home Depot
chairman, CEO and president. "We're proud of their work, even as we
look ahead with the understanding that there's much more to
do."
New commitments:
- The Home Depot has announced an updated parental leave policy
that gives six weeks of 100% paid leave to all parents, plus an
additional six weeks of 100% paid maternity leave to all birth
mothers.
- The company has expanded its global wood-purchasing policy as
part of its commitment to High Conservation Value Forests and
tropical Intact Forest Landscapes (IFLs). The company's updated
policy will take effect on Sept. 1,
2018 and will include requirements for the Amazon and
Congo basins, Papua New Guinea and the Solomon Islands.
- The Home Depot has asked its suppliers to exclude additional
chemicals from residential household cleaning chemical products
sold online and in stores by the end of 2022.
Among the 2017 highlights:
- Diversity and Inclusion: More than 50 percent of the company's
new hires were ethnically diverse and more than 34 percent were
women.
- Community: The Home Depot Foundation granted $63 million to support local communities in 2017,
including over $4 million to assist
areas affected by catastrophic hurricanes and wildfires. In
addition, the company's employee relief non-profit, The Homer Fund,
assisted more than 6,000 associates who experienced evacuations, as
well as damage or loss of their homes.
- Environmental: In addition to helping customers reduce their
environmental impact through ENERGY STAR and WaterSense products,
The Home Depot also reduced its Scope 3 upstream transportation and
distribution of freight greenhouse gas emissions by 10
percent.
About The Home Depot
The Home Depot is the world's
largest home improvement specialty retailer, with 2,286 retail
stores in all 50 states, the District of
Columbia, Puerto Rico,
U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2017, The Home Depot had
sales of $100.9 billion and earnings
of $8.6 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