- Climate change risks and opportunities (physical and transition risks)
- Supply chain disruptions
- Skilled trades labor shortage
The Home Depot, Inc.
Carbon Emissions & Sustainability Report
CO₂ Emissions
128.5M tCO2e (Scope 3 Category 11)
2023-01-30 to 2024-01-28
Renewable Energy
31% (of total electricity needs across the U.S. and Canada)
of total energy
Reduction
-2856133233.3%
since 2015
Waste
768.1K MT (Nonhazardous waste generated)
2023-01-30 to 2024-01-28
Energy Use
2.8M MWh (Electricity purchased)
2023-01-30 to 2024-01-28
📊 Emissions Breakdown (2023-01-30 to 2024-01-28)
Scope 1
Direct emissions
629.0K tCO2e
Scope 2
Electricity
1.0M tCO2e (location-based)
Scope 3
Supply chain
1.4M tCO2e (Category 11)
📈 Historical Emissions
2023-01-30 to 2024-01-28
128.5M tCO2e (Scope 3 Category 11)
2022
1.6M tCO2e (Scope 1 & 2)
2021
1.6M tCO2e (Scope 1 & 2)
2016
4.5B tCO2e (Scope 1 2 and 3 combined)
2015
4.5 million metric tons
✅ Key Environmental Achievements
- Reduced U.S. store electricity use by approximately 1% year-over-year.
- Achieved goal to exclude EPS foam and PVC film from new private-brand packaging.
- Helped U.S. customers save nearly $1 billion on their utility bills through the purchase of energy-efficient products.
- Expanded rooftop solar installations to 99 facilities.
🎯 Future Goals
🔜 Short-term
- Motivate top-tier strategic suppliers to have a business-relevant publicly stated sustainability goal by 2025
- Help customers save $600 million in energy costs by 2026
- Help customers reduce water use by 100 billion gallons by 2026
- All new private-brand patio and home decor products will exclude added PFAS chemicals by 2025
📅 Medium-term
- Reduce absolute Scopes 1 and 2 emissions 42% by 2030
- Reduce absolute Scope 3 Category 11 emissions 42% by 2030
- 90% of forklifts in our major U.S. distribution centers will be hydrogen-powered by 2029
- 85% of U.S. & Canadian sales in push mowers and handheld outdoor lawn equipment will be in rechargeable battery technology by 2028
🔭 Long-term
- Produce/procure 100% renewable electricity equivalent to the electricity needs for all Home Depot facilities worldwide by 2030
🌱 ESG Focus Areas
Focus on Our PeopleOperate SustainablyStrengthen Our CommunitiesResponsible Business Practices