The Home Depot

Home Improvement Retail

$ 326 1.5

Share price

$ 333 bn

Market Cap

$ 380 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.12x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

The Home Depot aims to reduce Scope 1 + 2 by 40% by 2030 from a base year 2011

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

The Home Depot reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,649 Kt (-172 /-9.4% y-o-y). Also positively, carbon intensity was down at 11 t (-2.9 /-21% y-o-y).

The Home Depot's Scope 3 emissions was up at 2,916 Kt (+251/+9.4% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 40% by 2030 from a base year 2011, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	1,649	642	1,007		151,157	11
2020Q4	1,821	607	1,214	2,916	132,110	14
2019Q4	1,948	554	1,394	2,665	110,225	18
2018Q4	2,165	516	1,649	2,865	108,203	20
2017Q4	2,118	434	1,684	3,792	100,904	21
2016Q4	2,344	438	1,906		94,595	25
2011Q4	3,020	281	2,739
2009Q4	3,125	256	2,868