Home Depot's responsibility report
The Home Depot has issued the results of its 2016 corporate responsibility report, of which its renewable energy initiative figured front and center.
This initiative involves a commitment to procure 135 megawatts of renewable energy by the end of 2020. Right now, Home Depot's energy management team is planning to increase renewable energy capacity through new solar and wind projects over the next several months.
More than 12,000 megawatt hours (MWh) of energy are being procured annually from offsite solar farms in Delaware and Massachusetts. In addition to that, nearly 150 stores and distribution centers are using fuel cell technology.
Some other highlights:
The company put 4,000 fewer trucks on the road than previous year due to supply chain optimization efforts. This resulted in a reduction of more than 4,100 metric tons of carbon emissions.
Home Depot now offers more than 29,000 environmentally preferable products.
Through sales of Energy Star products, Home Depot reduced customers' carbon emissions by about 4 million metric tons. WaterSense products saved customers more than 70 billion gallons of water.
Home Depot scored 99 out of 100 in the Carbon Disclosure Project.
The Home Depot Foundation increased its financial commitment to veteran-related causes to $250 million by 2020.
The report took a look at the company's community and charitable giving, workplace, sustainability and environmental initiatives.
For a look at the full report, click here.