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Home Depot emphasises its commitment to the environment

Home Depot currently partners with two operating wind farms in Texas (pictured) and Mexico.

Home Depot currently partners with two operating wind farms in Texas (pictured) and Mexico.

Home Depot highlights its environmental commitment. The largest DIY store chain in the world has been put on the Climate Change "A" List by the non-profit organisation CDP for its actions to cut carbon emissions and mitigate climate risks.

Every year, thousands of companies disclose data about their environmental impact to CDP for independent assessment and receive scores of A to D- for how effectively they are tackling climate change.

New to The Home Depot's CDP report this year is its commitment to a Science Based Target for scope 1 and 2 emissions (1: Sources of emissions in the company, for example vehicle fleet; 2: Emissions in the generation of energy which is derived from external sources) with reduction goals. The company is aiming for a 40 per cent reduction in carbon emissions by 2030 and a 50 per cent reduction by 2035.

In addition, Home Depot continues to invest in renewable energy. The company is expanding its wind-powered renewable energy programme by adding a third offsite wind project. The company will purchase enough wind energy from the Pretty Prairie Wind Project in Kansas to power about 40 stores for a year. The home improvement retailer currently partners with two operating wind farms in Texas and Mexico.

In addition to the wind farms, the company also procures energy from solar farms in Delaware, Massachusetts and Minnesota with a combined annual output of 25.0 mio kilowatt hours (kWh). Forty-five US Home Depot stores now have operational rooftop solar systems, and the company plans to expand its residential rooftop solar offerings.

|14 February 2019


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