Share Name Share Symbol Market Type
Home Depot Inc NYSE:HD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.90 -0.25% 356.38 364.12 353.9061 361.10 3,943,373 00:55:26

Home Depot Reduced Carbon Intensity by 22% Last Year

27/07/2021 12:15pm

Dow Jones News

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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)

Copyright (c) 2021 Dow Jones & Company, Inc.

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