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Going forward, we will also continue to actively explore ways to purchase an increasingly higher percentage of renewable energy from our energy providers to reduce our environmental impact even further.
Trinity fosters a healthy, productive work environment through our health and safety programs, development and engagement offerings, wellness programs, and diversity and inclusion initiatives.
commits to environmental and safety risk reduction and parallels several ISO 45001 standards.
We are committed to pro viding a safe and healthy work environment for our employees and seek to protect their well-being through comprehensive health and safety policies and procedures that include the identification and elimination of health and safety risks, operations management, health and safety training, emergency preparedness, performance auditing, program certification, and improvement targets.
We understand the important role that we play in providing essential products and services to our customers as they deliver food, fuel, medicine, and other products across the globe that have sustained our communities during this pandemic.
One way we foster that success is by actively seeking employee input, understanding our employees’ diverse needs, and tailoring our work environment and programs accord ingly.
Beginning in seeks to create a collaborative environment that engages our people to solve problems, bring their ideas to life, and continuously improve both em ployee development and operational efficiencies.
Our suppliers are expected to annually attest that their policies are aligned with Trinity, and we expect suppliers to regularly self-assess for risks and impacts and to continu ously practice good judgment.
Under new CEO leadership in chose Diversity & Inclusion as one of our five core Company values and began a strategic review of diversity, equity, and inclusion and how to improve at Trinity.
Initiatives tied to achieving our strategic objectives include a refreshed recruiting strategy to attract diverse talent and develop partnerships with external vendor resources for diverse talent; increased diversity in all interview slates, interview panels, and succession slates; enhanced onboarding process for external hires; and a more robust feedback process for employees to share perspectives on diversi ty, equity, and inclusion issues.
Trinity also supports and promotes employee resource groups to encourage engagement and development.
Trinity’s Diversity and Inclusion committee, for instance, organizes month-long celebrations for national cultural awareness campaigns.
Trinity supports and commits to further development of employee resource groups to support a diverse and inclusive culture and continually develop our employees.
To learn more about our Diversity and Inclusion efforts, please see our Social Responsibility statement in Trinity’s ESG Statements.
Trinity’s governance practices promote best-in-class leadership, diversity, independence, and shareholder-aligned incentive practices at the most senior levels.
The Board and its committees oversee Environ mental, Health and Safety (EHS) initiatives and risk exposure related to the Company’s operations, in cluding safety, environmental, financial, contingent liabilities, and other risks material to the Company.
tive contributions to our stakeholders, pursue improvements to our products and services that are mindful of the environmental and societal impacts of our decisions, and work to protect natural resources and the environment for the benefit of current and future generations.
Trinity plans to develop a standard methodology for tracking this activity and explore purchasing higher portions of renewable energy from providers.
Employee Health & Safety ( (2) Fatality rate Number 1 employee; 0 contractors (FY 2019) 2 employees; 0 contractors (FY 2020) (3) Near miss frequency rate (NMFR) Rate Trinity recognizes the importance of reviewing all work-related environmental, health and safety incidents, including near misses.
Fuel Economy & Emissions in Use-phase Sales-weighted fleet fuel efficiency for medium and heavy-duty vehicles Gallons per efficiency does not apply, and Trinity does not calculate sales-weighted fuel efficiency or emissions in this manner.
We continue to invest in research and development aimed at products that generate fewer emissions.
Materials Sourcing Description of the management of risks associated with the use of critical materials N/a Trinity responsibly sources the raw materials used to build our products.
These forward-looking statements may relate to, among other things, our goals, commitments and programs, and projections of future results, including our ability to meet our goals; the impact on our business, operations and financial results of the COVID-impact; management of relationships with our associates, potential associates, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; international trade disputes, natural disasters, climate change, public health issues (including pandemics and quarantines, related shut-downs and other governmental orders, and similar restrictions, as well as subsequent re-openings), cybersecurity events, military conflicts or acts of war, and other business interruptions that could disrupt operation of our facilities, our ability to operate or access communications, financial or banking systems, or supply or delivery of, or demand for, the Company’s products or services; the impact of regulatory changes; the impact of acquired companies on our organization; and our assumptions, expectations and projections regarding any of the foregoing.
Our focus on people centers around continuously striving to create a work environment that is inclusive, engaging, and rewarding to associates.
Our commitment to diversity also extends to our supplier relationships.
We also completed our goal to launch a Tier II supplier diversity program to encourage our suppliers to spend with diverse businesses.
$woman-owned suppliers, to further amplify our supplier diversity efforts.
Our efforts to operate sustainably begin with our understanding that our biggest impact on the environment comes from the products we sell.
Our partnership with suppliers allows us to give our customers access to hundreds of products that are good for their homes, good for the environment, and good for their wallets.
In customers’ purchases of Energy Star products helped reduce annual electricity use by 7 billion kilowatt hours, saving $950 million on energy costs, and lowering carbon emissions by 4.9 million metric tons.
Our water-saving products allowed customers to reduce consumption by over 66 billion gallons.
We also made progress in operating more sustainably in our own business, reducing electricity consumption in our U.S. stores by approximately 11% year-over-year.
While we remain focused on reducing our energy consumption, we are also making progress towards our goal of producing or procuring electricity equivalent to the electricity needs for all Home Depot facilities worldwide by 2030.
As the largest home improvement retailer in the world, we have the unique opportunity to create positive impacts across a broad number of stakeholders.
We have learned over the years that one of the best ways for us to make sure we understand the relevant environmental, social and governance (ESG) impacts of our business and the current areas of focus of our many stakeholders is to engage with our stakeholders.
We collaborate with our vendors and suppliers in an effort to lessen the environmental impact of the products we sell.
Our leadership understands that an effective environmental, social and governance strategy cannot happen in isolation.
Our Eco Actions program, which builds on our original Eco Options program that we launched in customers take on more sustainable DIY projects and choose greener products that can save water, conserve energy or are formulated to reduce certain chemicals.
Products can only qualify for this distinction if manufacturers provide third-party verification of environmental claims that meet our program’s requirements.
For example, we offer circularity-centered products like our Home Depot-branded moving boxes, made from 45), as well as composite deck boards made from recycled plastic waste from our stores.
When customers rent tools from us, they help avoid the environmental impact of new product manufacturing.
Another example: Our stores have cut electricity consumption our customers a lower energy intensive shopping environment.
These investments have helped us reduce the number of trucks needed and distance traveled to get our products from our supplier to our customers, while also reducing fuel emissions.
Another example of this is our store investments, part of which included transitioning stores to LED lighting, which helped us reduce operating costs and electricity consumption.
One of our eight core values is Do The Right Thing, which drives our associates to find new ways that our organization can reduce its environmental impact.
Another example are our associates who work to find ways to upcycle the packaging waste in our stores and supply chain into new products like Trex composite decking.
Reducing The Home Depot’s environmental impact is essential to our efforts to build a better business, workplace and world.
We focus on our people by striving for an environment centered on The Home Depot’s core value of respect for all people, where diversity, equity and inclusion are celebrated and associates have opportunities to grow.
Sustainably While our office of Diversity & Inclusion has existed within the company for more than a decade to help diversify our workforce and support change in our communities, we expanded in an enhanced mission: Diversity, Equity and Inclusion (DEI).
In associate resource groups (ARGs) beyond our Store Support Center (corporate facility) to include more associates and increase engagement and participation.
We also leveraged Yammer to reach more associates with C.A.R.E. talks, a series of diversity discussions that Champion Awareness, Respect, and Equity for all associates.
We were also able to meet our goal to launch a Tier II supplier diversity program in 2021.
We strive to create an environment centered around our eight core values, where diversity, equity and inclusion fuel opportunities for our associates, communities, and suppliers.
Our expanded focus on diversity, equity and inclusion supports all eight of our core values, including respect for all people, giving back and building strong relationships with other associates and our customers.
We recently expanded our associate resource groups (ARGs) to all associates companywide, including in stores and distribution centers.
We also are raising awareness of DEI and its importance by modernizing our learning materials; holding listening sessions where executives hear from associates across the organization; and focusing on recruiting and talent-planning strategies that emphasize diversity and inclusion.
We continue to amplify our supplier diversity efforts to drive innovation, economic opportunities and shareholder value by directing more of our dollars, directly and indirectly, toward diverse businesses.
To further our commitment to supplier diversity, we are also seeking to achieve $annual spend with diverse suppliers by 2025.
It serves as a central hub to recognize associates for living our values, promote company news, cultivate connections between front-line and corporate associates and fuel the orangeblooded entrepreneurial spirit that’s part of what drives our business every day.
The Leadership Development and Compensation Committee of the Board of Directors, which is tasked with providing oversight of our human capital management strategy and our diversity and inclusion efforts, receives regular updates on these findings.
Our associate resource groups promote inclusion and support diversity.
LGBTQ+ Associates Women Associates Our associate resource groups (ARGs) are led by associates and sponsored by executive leaders.
They drive associate engagement and promote inclusion across our company through fostering professional development, raising cultural awareness, celebrating diversity, and community outreach.
We have seven U.S. ARGs, each supporting the company’s business objectives and policies, particularly those related to developing our associates, creating diversity awareness and engaging diverse community partners.
We also achieved our goal of expanding associate resource groups to include more of our people.
We hosted more than virtually in 2021 to celebrate diversity, raise cultural awareness and foster professional development.
These discussions include external speaker series, panel discussions, and small group listening sessions, and we occasionally partnered with our Associate Resource Groups on elevating keynote speakers in this format.
Comments from Associate Feedback Survey: Supplier Diversity Panel: “The impact HD and many of its suppliers have on making their associates have better lives is inspiring and heartfelt.
This development ensures associates at every level continue to evolve their skills to meet the demands of a rapidly changing and increasingly complex environment.
The Home Depot strives to provide the safest working and shopping environment for our associates and customers.
We strive to reduce our carbon footprint by improving the efficiency of our store and supply chain operations, and by investing in alternative energy solutions.
We partner with suppliers focused on social and environmental responsibility, and we help our customers reduce their environmental impact by offering products and packaging created with sustainability in mind.
Sustainably The Home Depot uses the GHG Protocol Corporate Accounting and Reporting Standard, which has been adopted by numerous companies worldwide to calculate metric tons of greenhouse gas emissions and efforts to reduce them.
We continually review and refine our emissions measurements to reflect changes to our business and improvements in data collection and reporting.
CDP, formerly the Carbon Disclosure Project, is an independent, international, nonprofit organization that provides a global system for companies and cities to measure, disclose, manage and share environmental information.
Our latest score of A- from CDP reflects our leadership and high level of action on climate change mitigation, adaptation and transparency.
Direct emissions from combustible sources and refrigerants totaled approximately metric tons.
Scope Indirect emissions from purchasing electricity totaled approximately 1,007,000 metric tons.
By driving efficiencies and investing in green energy, we reduced our absolute combined Scope carbon emissions by approximately 172,000 metric tons in 2021.
Under our science-based target goal linked to our annual CDP reporting, we have committed to reducing our Scope Scope 2 carbon dioxide emissions 2.1% per year to achieve a 40% reduction by 2030 and a 50% reduction by 2035.
New this year, our annual GHG emissions and carbon intensities correspond to our fiscal year results, which will also be disclosed in our response to the annual CDP Climate Change questionnaire.
Our investments in efficiency helped us achieve a reduction in the carbon dioxide emitted for each dollar of revenue we earned, compared to 2020.
The Home Depot joined REwith our goal to produce or procure 100% renewable electricity equivalent to the electricity needs for all Home Depot facilities by 2030.
This action helps us move towards the company’s emission reduction targets.
When we launched our store electricity conservation efforts a few years ago, we anticipated reducing U.S. store electricity use over a decade.
We learned a great deal from the progress we made reducing electricity use in our stores, and now we are applying our experience and proven strategies to conserving resources in other areas of our business, including electricity use in our supply chain and water use in store irrigation.
Our successful energy conservation efforts have helped us move closer to our goal of producing or procuring equivalent to the electricity needs for all Home Depot facilities worldwide by 2030.
Harnessing power from the sun is essential to our renewable electricity aims, and we’re making progress by buying electricity from large-scale commercial solar farms.
In Enel Green Power’s Azure Sky began operating in Haskell County, Texas, west of Dallas, providing us with 75 megawatts of renewable electricity.
We have agreed to purchase another megawatts from companies building solar farms elsewhere in Texas.
Making Every kWh Count The Home Depot reduced U.S. store electricity consumption through a multifaceted effort to find energy savings in every corner of the store.
Azure Sky solar and storage plant in Texas began operating in provides 75 megawatts of solar power to Home Depot stores.
, fuel cells helped power stores with more than 100% of their electricity needs annually.
PROGRESS ON POWER mitigation to optimize our electricity costs during peak demand and help local utilities better manage grid capacity.
Rooftop Solar Harvests Renewable Energy We also help our customers harness the power of the sun.
CHECK IT OUT Seeing the potential to use soccer-field-size space atop our stores to harvest the sun’s power, we installed our first rooftop solar farm in 2014.
By the end of solar farms operated on 76 Home Depot stores and one distribution center in the U.S.
more distribution facilities A pilot program launched in potential of using smart irrigation systems to save water at our stores.
Here’s how it works: In-ground sensors, real-time weather data and other data sources guide when sprinklers come on and how long they operate.
Due to our supply chain investments, however, we have demonstrated our ability to navigate any environment.