The Home Depot

Home Improvement Retailers

$ 301 1.7

Share price

$ 311 bn

Market Cap

$ 354 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.18x the weighted average for S&P 500

FY2020

Primary Climate Goal

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

Weaker than the -5.1% weighted average for S&P 500

FY2021

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This target is most likely outdated and the company appears to have already achieved it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 2020 at 1,821 Kt (-127 /-6.5% y-o-y). Also positively, carbon intensity plunged to 14 t (-3.9 /-22% y-o-y).

The Home Depot's Scope 3 emissions increased to 2,916 Kt (+251/+9.4% y-o-y). There has been no consistent trend in recent years.

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 2020. 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)
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