Lowe’s has detailed key initiatives toward being a better corporate citizen in its 2019 Corporate Responsibility Report.
Titled “Building a Better Tomorrow, Today,” the report illustrates moves the home improvement giant has made to support its associates and communities while working to reduce its environmental impact.
Earlier this year, Lowe’s was presented with an Energy Partner of the Year lowe award. The award distinguishes companies that perform at a superior level of energy management. In 2019 alone Lowe’s sold enough Energy Star products to save customers $5.3 billion in energy costs, the company said.
Additionally, the 2019 Dow Jones Sustainability Index for North America included Lowe’s for its strong overall sustainability practices. About 52% of Lowe’s strategic partners have sustainability goals in place, with a goal to reach 100% by 2025.
Lowe’s also continues to be a strong community partner with over $42 million dollars of contributions to strengthen and support where we live and work while associates have volunteered over 330,000 hours to help refresh and rebuild their local communities.
Other Lowe’s highlights include:
- In 2019, 58% of Lowe’s board of directors was comprised of diverse members.
- Lowe’s reduced Scope 1 and 2 emissions from its 2016 baseline.
- Lowe’s saved over 28 million gallons of diesel by using 100% SmartWay certified providers for its logistics network.
- Lowe’s celebrated the Lowe’s Employee Relief Fund’s (LERF) 20th anniversary. The LERF has helped more than 33,000 associates and distributed over $40 million since it began.
The full 2019 Corporate Responsibility Report from Lowe’s can be read here.