Doing Our Part: Highlights From the Home Depot’s 2023 ESG Report

Rhea-AI Summary

The Home Depot releases its 2023 ESG Report, highlighting its focus on people, sustainable operations, and community support.

Positive

• Over 90% of U.S. store leaders started as hourly associates. The company redesigned 400+ private-brand packages, eliminating over 81M square feet of PVC film. Electricity consumption in U.S. stores decreased by 52% since 2010. The Home Depot Foundation has contributed over $450 million towards veteran causes since 2011. The Retool Your School grant program has funded over 184 projects benefiting 70% of HBCUs.

Negative

• None.

Originally published on Built From Scratch

Read our 2023 ESG Report

NORTHAMPTON, MA / ACCESSWIRE / July 28, 2023 / The Home Depot is committed to its three environmental, social and governance (ESG) pillars - focusing on our people, operating sustainably and strengthening our communities. The latest ESG Report details the progress made. Here are some of the highlights:

FOCUS ON PEOPLE

• MORE THAN 90% of U.S. store leaders started as hourly associates.
• In 2022, approximately 36% of our new hires were women and 58% were ethnically/racially diverse.

OPERATE SUSTAINABLY

• We REDESIGNED 400+ private- brand packages to reduce size and materials.
• This helped us eliminate MORE THAN 81M square feet of PVC film - enough to cover Central Park twice.
• We DECREASED electricity consumption 52% in our U.S. stores since 2010.

STRENGTHEN COMMUNITIES

• The Home Depot Foundation has contributed more than $450 MILLION towards veteran causes since 2011.
• Since 2009, our Retool Your School grant program has helped fund over 184 PROJECTS benefiting 70% OF HBCUs.

To read the full report, visit corporate.homedepot.com/responsibility.

To learn more about the company's ESG efforts, check out the Give Me an H podcast. Chief Sustainability Officer, Ron Jarvis discusses the company's sustainability initiatives and Chief Diversity Officer, Derek Bottoms talks about the company's diversity, equity and inclusion efforts.

Keep up with all the latest Home Depot news! Subscribe to our bi-weekly news update and get the top Built from Scratch stories delivered straight to your inbox.

View additional multimedia and more ESG storytelling from The Home Depot on 3blmedia.com.

Contact Info:
Spokesperson: The Home Depot
Website: https://www.3blmedia.com/profiles/home-depot
Email: info@3blmedia.com

SOURCE: The Home Depot

View source version on accesswire.com:
https://www.accesswire.com/770868/doing-our-part-highlights-from-the-home-depots-2023-esg-report

FAQ

What does the 2023 ESG Report of The Home Depot highlight?

The 2023 ESG Report of The Home Depot highlights the company's focus on people, sustainable operations, and community support.

What percentage of U.S. store leaders at The Home Depot started as hourly associates?

Over 90% of U.S. store leaders at The Home Depot started as hourly associates.

How much has electricity consumption in U.S. stores decreased since 2010?

Electricity consumption in U.S. stores at The Home Depot has decreased by 52% since 2010.

How much has The Home Depot Foundation contributed towards veteran causes?

The Home Depot Foundation has contributed over $450 million towards veteran causes since 2011.

How many projects have been funded by The Home Depot's Retool Your School grant program?

Over 184 projects have been funded by The Home Depot's Retool Your School grant program, benefiting 70% of HBCUs.