Home Depot Outlines New Renewable-Energy, Sustainability Plans
July 23 2020 - 9:15AM
Dow Jones News
By Colin Kellaher
Home Depot Inc. Thursday unveiled new renewable-energy and
sustainability initiatives, as the home-improvement giant works to
reduce its environmental footprint.
The Atlanta retailer said it plans to produce and procure energy
from 335 megawatts of renewable and alternative energy projects by
2025, equivalent to the amount of energy it takes to power more
than 90,000 homes.
As part of the initiative, Home Depot said it will nearly double
the number of stores with on-site solar panels and continue to
leverage on-site fuel cells and off-site wind and solar energy.
In an update to a prior pledge to cut carbon-dioxide emissions
by 50% by 2035, Home Depot said it reduced its greenhouse-gas
emissions by 10% last year, mainly through energy reductions and
supply-chain efficiencies. The company said it cut its electricity
consumption in U.S. stores by 383 million kilowatt hours, tripling
its 2018 reduction despite adding three new locations.
Home Depot Thursday also announced a new pledge to eliminate
expanded polystyrene foam and polyvinyl chloride film from its
private-brand packaging by 2023.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 23, 2020 09:00 ET (13:00 GMT)
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