Potential offtaker

The Home Depot, Inc.

www.homedepot.com

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Which other companies from United States of America are actively involved in decarbonization initiatives?
  • Boston Properties
  • Best Buy Co., Inc.
  • Costco Wholesale Corp
  • City of Los Angeles CA
  • Pyxus International, Inc.
  • Apple Inc
  • The Home Depot, Inc. is a leading home improvement retailer in the United States of America. Founded in 1978, the company has grown to become one of the largest retailers of home improvement products and services in the world. The Home Depot operates in the Home Centers sector and is committed to providing its customers with the best quality products and services at affordable prices.

    Decarbonisation and renewable energy are two key areas that The Home Depot is focused on. The company is committed to reducing its carbon footprint and has set a goal to reduce its greenhouse gas emissions by 50% by 2035. To achieve this goal, The Home Depot is implementing a number of initiatives, including the use of renewable energy sources and the adoption of energy-efficient technologies.

    The Home Depot has made significant investments in renewable energy over the years. The company has installed solar panels on the roofs of many of its stores, which generate clean energy and help reduce the company's reliance on fossil fuels. The Home Depot has also invested in wind energy, with the purchase of wind power from a wind farm in Texas. The company has also installed fuel cells at some of its stores, which generate electricity from natural gas and emit fewer greenhouse gases than traditional power sources.

    Corporate energy is another area that The Home Depot is focused on. The company is committed to reducing its energy consumption and has implemented a number of energy-saving initiatives. The Home Depot has installed energy-efficient lighting in its stores, which has resulted in significant energy savings. The company has also implemented a program to replace old, inefficient HVAC systems with new, energy-efficient systems. These initiatives have not only helped the company reduce its energy consumption but have also resulted in significant cost savings.

    Corporate PPAs (Power Purchase Agreements) are another way that The Home Depot is investing in renewable energy. The company has signed several PPAs with renewable energy providers, which allows it to purchase renewable energy at a fixed price over a long-term period. These PPAs help The Home Depot to reduce its carbon footprint and support the growth of renewable energy.

    In addition to its focus on decarbonisation and renewable energy, The Home Depot is committed to sustainability in other areas as well. The company has implemented a number of initiatives to reduce waste and increase recycling. The Home Depot has also implemented a program to reduce the use of single-use plastics in its stores and has introduced reusable bags for customers.

    Overall, The Home Depot is a company that is committed to sustainability and reducing its environmental impact. The company's focus on decarbonisation, renewable energy, corporate energy, and corporate PPAs is helping it to achieve its sustainability goals and reduce its carbon footprint. The Home Depot's commitment to sustainability is not only good for the environment but also good for the company's bottom line, as it has resulted in significant cost savings and increased efficiency.

    ✓ Current offtaker under Corporate PPA's
    ✓ Re100 member
    ✓ Climate Action 100+ company
    ✓ Science Based Targets member
    Charting the Course to Decarbonization in Retail sale of hardware, paints and glass in specialised stores: Strategies and Initiatives

    Which companies in the industry of Retail sale of hardware, paints and glass in specialised stores have made significant pledges or efforts to address global warming?
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  • Sankyo Tateyama Inc
  • Daydo Inc
  • STARK Group