The Home Depot Announces Renewable Energy Goal and Pledges to Eliminate EPS Foam and PVC Film From Private Brands by 2023
The Home Depot®, the world's largest home improvement retailer, announced companywide sustainability progress in its 2020 Responsibility Report, which outlines the company's 2019 progress on its corporate responsibility strategic pillars: focus on people, operate sustainably and strengthen communities. The report also introduces several new goals and provides an update on the company's recent response to COVID-19 and social equality issues. New goals include a commitment 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. Additionally, the company pledged to eliminate expanded polystyrene (EPS) foam and polyvinyl chloride (PVC) film from its private brand packaging by 2023. As part of its existing pledge to reduce carbon dioxide emissions by 50 percent by 2035, The Home Depot reduced its greenhouse gas emissions by 10 percent in 2019.