STOCK TITAN

The Home Depot Achieves Milestone in Eliminating Harmful Packaging Materials

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

The Home Depot (HD) has achieved a significant milestone in eliminating harmful packaging materials. The company has removed expanded polystyrene (EPS) foam and polyvinyl chloride (PVC) film from new packaging for its private-brand products in the U.S., Canada, and online. In 2023 alone, HD eliminated 6.0 million cubic feet of EPS and 39 million square feet of PVC film from its packaging.

The company has set a new goal for all new private-brand fiber packaging to be compostable, recyclable, or made from recycled content across U.S. and Canada stores by fiscal 2027. This initiative is part of HD's broader sustainability strategy, which aims to create long-term success for associates, customers, communities, and shareholders while promoting operational efficiencies and minimizing waste.

The Home Depot (HD) ha raggiunto un traguardo significativo nell'eliminazione dei materiali di imballaggio dannosi. L'azienda ha rimosso la schiuma di polistirene espanso (EPS) e la pellicola in cloruro di polivinile (PVC) dai nuovi imballaggi per i suoi prodotti a marchio privato negli Stati Uniti, in Canada e online. Solo nel 2023, HD ha eliminato 6,0 milioni di piedi cubi di EPS e 39 milioni di piedi quadrati di pellicola PVC dai suoi imballaggi.

L'azienda ha fissato un nuovo obiettivo affinché tutti i nuovi imballaggi in fibra a marchio privato siano compostabili, riciclabili o realizzati con contenuti riciclati in tutti i negozi degli Stati Uniti e del Canada entro la fine dell'esercizio 2027. Questa iniziativa fa parte della più ampia strategia di sostenibilità di HD, che mira a garantire un successo a lungo termine per i collaboratori, i clienti, le comunità e gli azionisti, promuovendo al contempo efficienze operative e riducendo al minimo gli sprechi.

The Home Depot (HD) ha alcanzado un hito significativo en la eliminación de materiales de empaque dañinos. La compañía ha eliminado el poliestireno expandido (EPS) y la película de cloruro de polivinilo (PVC) de nuevos empaques para sus productos de marca privada en los EE. UU., Canadá y en línea. Solo en 2023, HD eliminó 6.0 millones de pies cúbicos de EPS y 39 millones de pies cuadrados de película de PVC de su empaque.

La compañía ha establecido un nuevo objetivo para que todos los nuevos empaques de fibra de marca privada sean compostables, reciclables o hechos de contenido reciclado en las tiendas de EE. UU. y Canadá para el ejercicio fiscal 2027. Esta iniciativa es parte de la más amplia estrategia de sostenibilidad de HD, que busca crear un éxito a largo plazo para los asociados, clientes, comunidades y accionistas, al tiempo que promueve eficiencias operativas y minimiza los desechos.

홈디포(HD)는 유해한 포장 재료를 제거하는 데 있어 중요한 이정표를 세웠습니다. 회사는 확장 폴리스티렌(EPS) 폼과 폴리염화비닐(PVC) 필름을 미국, 캐나다 및 온라인의 자사 브랜드 제품에 대한 새로운 포장에서 제거했습니다. 2023년 한 해 동안 HD는 6.0 백만 입방피트의 EPS39 백만 평방피트의 PVC 필름을 포장에서 없앴습니다.

회사는 모든 새로운 자사 브랜드 섬유 포장이 퇴비화 가능, 재활용 가능 또는 재활용 콘텐츠로 제작될 것이라는 새로운 목표를 설정했습니다. 이 목표는 미국과 캐나다의 매장에서 2027 회계연도까지 달성될 예정입니다. 이 계획은 HD의 광범위한 지속 가능성 전략의 일환으로, 직원, 고객, 지역 사회 및 주주를 위한 지속 가능한 장기 성공을 창출하고, 운영 효율성을 촉진하며 폐기물을 최소화하는 것을 목표로 하고 있습니다.

The Home Depot (HD) a atteint une étape significative dans l'élimination des matériaux d'emballage nuisibles. L'entreprise a supprimé la mousse de polystyrène expansé (EPS) et le film en chlorure de polyvinyle (PVC) de nouveaux emballages pour ses produits de marque propre aux États-Unis, au Canada et en ligne. Rien qu'en 2023, HD a éliminé 6,0 millions de pieds cubes d'EPS et 39 millions de pieds carrés de film PVC de son emballage.

L'entreprise a défini un nouvel objectif pour que tous les nouveaux emballages en fibre de marque propre soient compostables, recyclables ou fabriqués à partir de contenu recyclé dans les magasins des États-Unis et du Canada d'ici l'exercice 2027. Cette initiative s'inscrit dans la stratégie de durabilité plus large de HD, qui vise à créer un succès à long terme pour les employés, les clients, les communautés et les actionnaires tout en favorisant l'efficacité opérationnelle et en minimisant les déchets.

The Home Depot (HD) hat einen bedeutenden Meilenstein bei der Beseitigung schädlicher Verpackungsmaterialien erreicht. Das Unternehmen hat expandiertes Polystyrol (EPS) und Polyvinylchlorid (PVC) Folie aus neuen Verpackungen für seine Eigenmarkenprodukte in den USA, Kanada und online entfernt. Allein im Jahr 2023 hat HD 6,0 Millionen Kubikfuß EPS und 39 Millionen Quadratfuß PVC-Folie aus seinen Verpackungen eliminiert.

Das Unternehmen hat sich ein neues Ziel gesetzt, dass alle neuen Eigenmarken-Verpackungen aus Faser kompostierbar, recycelbar oder aus recyceltem Inhalt hergestellt werden sollen, bis zum Geschäftsjahr 2027 in den Geschäften der USA und Kanada. Diese Initiative ist Teil von HDs umfassender Nachhaltigkeitsstrategie, die darauf abzielt, langfristigen Erfolg für Mitarbeiter, Kunden, Gemeinden und Aktionäre zu schaffen, während gleichzeitig operationale Effizienzen gefördert und Abfall minimiert werden.

Positive
  • Eliminated EPS foam and PVC film from new private-brand product packaging
  • Reduced approximately 6.0 million cubic feet of EPS and 39 million square feet of PVC film in 2023
  • Set goal for all new private-brand fiber packaging to be sustainable by fiscal 2027
  • Improved customer experience with less packaging waste
  • Reduced shipping costs with right-sized packages
Negative
  • None.

Originally published on Built From Scratch

NORTHAMPTON, MA / ACCESSWIRE / September 18, 2024 / As innovation around sustainable packaging evolves and recycling infrastructure expands, The Home Depot is working to meet our customers' expectations for quality packaging that's also good for the environment. By eliminating certain harmful materials and reducing the overall amount of packaging we use, we're able to help reduce landfill waste and lower packaging-related greenhouse gas emissions.

Our packaging team partners with our private-brand product suppliers to apply science to create better packaging options. One way we achieve that is to reduce the amount of packaging we use and to use more sustainable materials to protect the private-brand products we sell. From 2017 through 2023, we redesigned more than 1,280 packages to reduce size and materials.

Eliminating EPS & PVC

Expanded Polystyrene (EPS) foam is a lightweight, rigid packaging material, while Polyvinyl Chloride (PVC) film is a thinner, more flexible protective filler. They are both made from synthetic substances and can take more than a century to biodegrade.

We've eliminated EPS foam and PVC film in new packaging for our private-brand products sold in the U.S., Canada and online. In 2023 alone, the company eliminated approximately 6.0 million cubic feet of EPS-equal to approximately 67 Olympic-sized swimming pools-and more than 39 million square feet of PVC film-enough to cover more than 513 soccer fields-from its private-brand packaging. Not only were we able to meaningfully reduce our environmental impact by eliminating these hard-to-recycle materials: we also improved the customer experience with less packaging waste and reduced our shipping costs with right-sized packages.

Moving forward, we will continue to partner with our suppliers to keep these materials out of future packaging. Our packaging team has expanded its commitment to circularity by working toward our new packaging goal for all new private-brand fiber packaging to be compostable, recyclable or from recycled content across our U.S. and Canada stores by fiscal 2027.

We know that running a sustainable operation is not only good for the environment - it's good for business.

"We believe that by embedding sustainability into our business strategy, we can create long-term success for our associates, customers, communities, and shareholders. Our efforts to promote operational efficiencies, minimize waste, and drive product innovation will help us move our industry forward," said Candace Rodriguez, senior director of sustainability at The Home Depot.

In support of its continued effort to reduce packaging waste, The Home Depot achieved its goal of removing expanded polystyrene (EPS) foam and polyvinyl chloride (PVC) film from new packaging for its private-brand products.

NOW

Corrugate Corner

  • In 2023, The Home Depot eliminated 39 million square feet of PVC film and approximately 6.0 million cubic feet of EPS from product packaging and replaced them with molded pulp and paper.

  • By removing these hard-to-recycle materials. The Home Depot lessens its environmental footprint, reduces shipping costs, and gives customers a better experience by reducing their packaging waste.

PREVIOUS

Expanded Polystyrene Foam (EPS)

Fiber-Based Packaging Goal

Our packaging team has expanded its commitment to circularity by working toward our new packaging goal for all new private-brand fiber packaging to be compostable, recyclable or made with recycled content across our U.S. and Canada stores by the start of fiscal 2027.

We define fiber packaging as:

  • Paper

  • Paper board

  • Blister cards

  • Corrugate

  • Molded pulp

  • Paper materials

Our process starts with us researching current U.S. and Canada recycling infrastructure capabilities. Then we communicate our new goal with our suppliers, including our expectations and timeline. Next, we partner with them to explore alternative material options for our fiber-based packaging. As we find sustainable alternatives or create new designs, new products will be compliant as they are onboarded, and existing items will be assessed and updated.

As we work towards this goal, we are also committed to meeting the expectations of our customers. This means that our new packaging must not only be more sustainable but also perform as well as or better than the existing packaging.

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 the original press release on accesswire.com

FAQ

What harmful packaging materials has The Home Depot (HD) eliminated?

The Home Depot has eliminated expanded polystyrene (EPS) foam and polyvinyl chloride (PVC) film from new packaging for its private-brand products sold in the U.S., Canada, and online.

How much EPS and PVC film did The Home Depot (HD) eliminate in 2023?

In 2023, The Home Depot eliminated approximately 6.0 million cubic feet of EPS and more than 39 million square feet of PVC film from its private-brand packaging.

What is The Home Depot's (HD) new packaging goal for fiscal 2027?

The Home Depot's goal is for all new private-brand fiber packaging to be compostable, recyclable, or made from recycled content across U.S. and Canada stores by fiscal 2027.

How has The Home Depot's (HD) packaging reduction affected shipping costs?

The Home Depot has reduced shipping costs by using right-sized packages as a result of their packaging reduction initiatives.

Home Depot, Inc.

NYSE:HD

HD Rankings

HD Latest News

HD Stock Data

379.80B
991.03M
0.07%
72.18%
0.92%
Home Improvement Retail
Retail-lumber & Other Building Materials Dealers
Link
United States of America
ATLANTA