CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change A List for the retailer’s actions to cut carbon emissions and mitigate climate risks.
Companies disclose data about their environmental impacts to CDP for independent assessment, Home Depot noted, 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 a commitment to a science-based target for scope 1 and 2 emissions with reduction goals. The retailer stated that it set a target for a 40% reduction in carbon emissions by 2030 and a 50% reduction by 2035.
The Home Depot is also expanding its wind-powered renewable energy program by adding a third offsite wind project. In addition, 45 U.S.Home Depot stores now have operational rooftop solar systems, and the company plans to expand its residential rooftop solar offerings.
“Managing carbon emissions has been a focus for Home Depot for more than 10 years,” said Ron Jarvis, vp/environmental innovation. “Our dual strategy to reduce our total energy use and create a cleaner energy portfolio has helped us to reduce our absolute carbon emissions by over three million metric tons since 2009.”