HD Home Depot Inc

By Matt Grossman

Home Depot Inc. reduced its scope 1 and scope 2 carbon emissions by 127,000 metric tons last year, a 22% reduction in carbon intensity, the Atlanta-based retailer said.

Emissions scopes refer to how directly emissions are tied to a company's internal operations. Scope 1 emissions occur due to sources owned or controlled by a company, while scope 2 emissions include emissions related to energy and climate control purchases from third parties.

Electricity use in Home Depot's U.S. stores fell more than 14% last year due to the installation of LED lighting, the use of building-automation systems and more energy-efficient climate control.

Home Depot also committed to reaching 100% renewable electricity at its facilities by 2030.

In a report released Tuesday about its environmental, social and governance work last year, Home Depot said that 35% of people hired in the U.S. last year were female, and 53% were from ethnic or racial minorities.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

July 27, 2021 07:14 ET (11:14 GMT)

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