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Equally important, we support factories that take action to create lasting social and environmental compliance programs. |
We encourage suppliers and factory workers to communicate concerns via processes outlined in our corporate Code of Conduct. |
Through our due diligence process, which aligns with guidance from the Organisation for Economic CoOperation and Development, we received in-scope private brands and proprietaryproduct Tier 1 suppliers. |
Sourcing Responsibly: Conflict Minerals Our company expects all suppliers that manufacture our products to provide appropriate information and conduct due diligence to enable our compliance with conflict minerals laws. |
We cataloged that information in a database using the conflict minerals reporting template developed by the Responsible Minerals Initiative®. |
We recognize the environmental impact our company can have on the world’s woodlands by working with suppliers that adhere to set standards of forest management and tree species selection. |
To help protect endangered forests and support efforts to preserve timber for future generations, we first issued our Wood Purchasing Policy in 1999. |
Since then, we have continued to update this policy, and have worked to lead our suppliers to understanding and practicing sustainable forestry throughout the world. |
We know that responsible forest management is essential to protecting the health of our ecosystems, critical biodiversity and the more than one billion people who depend on forests for their livelihoods. |
We believe that through our ongoing work with suppliers to sustainably manage forests and the commitments listed in our Wood Purchasing Policy, we have helped to expand forest land coverage in North America. |
We also source lumber from a number of the largest forestry companies in North America, which work with sustainable forest management organizations like Forest Stewardship Council (FSC), Sustainable Forest Initiative (SFI), Programme for the Endorsement of Forest Certification (PEFC), and American Tree Farm to ensure t... |
Suppliers of ours like Mendocino Redwood Company (MRC ) and Humboldt Redwood Company (HRC™) seek to be examples of forest restoration and show how private forest management can protect and restore the ecological attributes of the forest, and whose forestlands are certified by the Forest Stewardship Council (FSC) as bei... |
• Practice and promote the efficient and responsible use of wood and wood products. |
• Demand that our vendors and their suppliers of wood and wood products maintain compliance with laws and regulations pertaining to their operations and the products they manufacture. |
Until all industries create and abide by a reporting formula that measures product attributes according to a common sustainability standard, we will continue to use our Eco Options program to help customers sort through green product claims. |
In Purchasing Policy to help avoid wood products coming from forestland with a high conservation value. |
Laminate Flooring Laminate flooring in Home Depot stores is verified by either GREENGUARD Gold or FloorScore® certification to contain which is a stricter standard than CARB 2 of 0.05 ppm. |
Organic gardening has grown from niche to mainstream, and The Home Depot has expanded its organic gardening products to offer multiple brands of soils, fertilizers, and weed and pest control products to meet our customers’ changing needs. |
In alignment with the U.N. Sustainable Development Goal (SDG) to ensure availability and sustainable management of water and sanitation for all, we work with suppliers to encourage the production of water-conserving products, which we, in turn, offer to our customers. |
LEAD-ACID BATTERIES We recycle lead-acid batteries used in THD operations and dropped off by customers. |
Our practice of engaging with our stakeholders on ESG topics helped us design a more sustainable packaging solution for some of our LED lightbulbs. |
Giving back to veterans is part of The Home Depot’s culture and aligns with our core values. |
In surpassed more than $100 million invested to help address the issue of veteran homelessness at the national and local level. |
We transitioned our COVID-related enhanced associate pay and benefits to permanent compensation enhancements for front-line, hourly associates. |
Our store-merchandised showerheads are more efficient than the WaterSense standard. |
Our Wood Purchasing Policy helps ensure our suppliers and manufacturers support sustainable forestry. |
Our Corporate Governance and Code of Conduct policies detail our commitment to workplace diversity, equity and inclusion. |
In virtually to celebrate diversity, raise culture awareness and foster professional development. |
We renewed the certification that aims to set indicators for workplaces that demonstrate the adoption and compliance of labor equality and non-discrimination practices. |
Its main objective is for companies to integrate, implement and execute within their management and human resources processes. |
Living our values has allowed us to be recognized for our Corporate Social Responsibility efforts for the a row, including best practices in all our programs and focusing on maintaining sustainable relationships with our stakeholders to continue providing the best service. |
Sustainably Our Business Code of Conduct and Ethics provides straightforward information about The Home Depot’s operating principles and offers tools to help associates make decisions that align with our ethical and legal obligations. |
The code applies to associates worldwide, and the company expects them to comply with the code and with all applicable laws and regulations in countries in which we do business. |
In particular, the code outlines The Home Depot’s ethical and legal standards in these areas: We empower associates to speak up when our ethical standards are not being met. |
Financial integrity and reporting Reports are handled using a case management system. |
We have a longstanding policy that prohibits retaliation for making a report. |
We also provide ways for suppliers, vendors, service providers and their workers to report concerns when they think our Home Depot values or compliance with the law may be compromised. |
In addition, our Supplier AlertLine is answered by a live operator CODE OF CONDUCT Doing the right thing is embedded in our culture. |
Government Contracting Our code of conduct applies to our Home Depot family worldwide. |
Sustainably The Home Depot has a long-standing commitment to strong corporate governance, which promotes the longterm interests of shareholders, strengthens Board and management accountability, and helps build public trust in the company. |
Leadership Structure On at least an annual basis, the Board assesses its leadership structure, including the appointment of the Chair of the Board. |
Our Lead Director is annually elected by the independent members of the Board. |
For the past several years, having a combined chairman and CEO, an independent Lead Director, and Board committees composed entirely of independent directors, together with other robust corporate governance practices, has provided strong independent oversight of management while ensuring clear strategic alignment throu... |
The independent members of the Board will continue to assess the Board leadership structure over time and determine what best supports the company’s needs. |
Independent directors meet without management We understand our responsibility to behave ethically, to understand the impact we have on people and communities, and to fairly consider the interests of a broad base of stakeholders. |
Our proxy statement offers more details about corporate governance and risk management. |
Go to our Corporate Governance Overview for additional information on our corporate governance practices. |
Board Oversight of Risk The company has a robust framework designed to identify and ensure proper management of risk, including risk related to our ability to operate responsibly and sustainably. |
The framework that we use to identify and manage risk considers a number of enterprise-level issues, including competitive environment, brand and reputation, regulatory and compliance, and security, as well as external and internal factors that could distract the Company from our business or derail our strategic object... |
The Board oversees risk through this framework, with oversight accomplished by identifying key risks and mapping them to the appropriate Board Committee or to the full Board. |
Our Board reviews these key risks and the related framework annually, and the full Board or appropriate Board committees discuss selected risks in more detail throughout the year, including the COVID-our enterprise risk framework. |
Our Political Activity and Government Relations Policy provides the framework for our political activity. |
As a long-standing practice, we do not contribute to presidential campaigns or endorse presidential candidates. |
Sustainably Oversight of Our Political Activity Our Government Relations department, led by a vice president who reports to our general counsel, manages our political activity. |
The Government Relations team is responsible for ensuring all PAC and corporate political contributions are made in accordance with the law and company policies. |
The team participates in regular trainings and performs routine reviews to monitor compliance. |
The Nominating and Corporate Governance Committee of our Board of Directors provides additional oversight, conducting an annual review of our Political Activity and Government Relations Policy, the company’s political contributions and payments to trade associations that engage in lobbying activities. |
The Nominating & Corporate Governance Committee must approve in advance any public advertisement directly or indirectly paid for by the Company that expressly advocates the election or defeat of a candidate in which Home Depot is identified specifically as an advocate of such election or defeat. |
The Home Depot PAC’s finances, governance and communications are governed by a PAC Board. |
Tax governance is overseen by the Audit Committee of the Board of Directors. |
At least once a year, company leaders report to the Audit Committee regarding our approach to managing taxes. |
We do the right thing for our associates, shareholders and communities by ensuring we pay our fair share of taxes and manage them transparently. |
BY THE NUMBERS Alignment with Our Business Our corporate entity structure reflects the alignment with our commercial activities to ensure that we pay our fair share of tax commensurate with our business’ geographical footprint and operations within a jurisdiction. |
We discuss the ways we use the information we collect, and how customers can find out more about the personal information we collect about them, on the Privacy & Security Center page of our corporate website. |
We leverage the National Institute of Standards and Technology (NIST) Cybersecurity Framework as the foundation of our cybersecurity program. |
As cybersecurity attackers become increasingly more sophisticated, our program prioritizes threat mitigation, while focusing on maintaining the integrity and resiliency of our systems. |
The Home Depot has a Data Security and Privacy Governance Committee, composed of a cross-functional group of senior leadership, that oversees the strategy and approach in place to manage the security and privacy of customer, associate and business data. |
• Targeted audits and penetration tests are conducted throughout the year by internal and external entities. |
Our approach to data security enables us to drive a collectively secure culture. |
In the event that we identify a security issue, we have defined procedures to respond and recover as quickly as possible. |
Our approach enables us to drive a collectively secure culture. |
The Home Depot’s vendor risk management program works to classify service provider or business partner risk based on several factors, including, but not limited to, data type accessed and/or retained. |
Data security and privacy training and awareness are provided to all associates on an annual basis, and additional customized, role-based training is provided to targeted internal audiences. |
GRI STANDARDS The Global Reporting Initiative (GRI) is an international independent standards organization that helps business, governments and other organizations understand and communicate their impacts on various issues. |
We have applied the GRI Sustainability Reporting Standards as an identification and cross-reference tool to make meaningful data accessible to our stakeholders. |
Corporate Governance, Business Code of Conduct and Ethics, Corporate Governance Guidelines, Proxy Statement pg. |
Executive-level responsibility for economic, environmental and social topics Engaging Stakeholders & Setting Priorities, Ethical Sourcing, Corporate Governance, Proxy Statement pgs. |
102-38 Annual total compensation ratio Proxy Statement pg. |
Engaging Stakeholders & Setting Priorities, ESG Priority Assessment Framework, Proxy Statement Letter to Shareholders and pg. |
Diversity of governance bodies and employees Diversity, Equity & Inclusion, Proxy Statement pg. |
Sustainably SASB DISCLOSURE MATRIX The Sustainability Accounting Standards Board (SASB) is an independent, standards-setting organization whose mission is to develop comparable sustainability metrics for public corporations to disclose material, decision-useful information to investors. |
Description of efforts to manage product lifecycle impacts and meet demand for sustainable products Discussion and Analysis n/a CG-BF Details can be found in the Circularity, Sustainable Packaging and Waste Management & Recycling sections of our ESG Report 2022 ESG Report – Circularity, pgs. 44-45; Waste Management & R... |
E Describe the board’s oversight of climate-related risks and opportunities. |
Corporate Governance Describe management’s role in assessing and managing climate-related risks and opportunities. |
Corporate Governance Describe the resilience of the company’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario. |
TCFD FRAMEWORK The Task Force on Climate-related Financial Disclosures (TCFD) develops voluntary, consistent climate-related financial risk disclosures for companies to provide information to stakeholders. |
Describe how processes for identifying, assessing and managing climaterelated risks are integrated into the company’s overall risk management. |
Disclose the metrics used by the company to assess climate-related risks and opportunities in line with its strategy and risk-management process. |
Seven West Media has set several internal targets to measure the impact of the inputs and outputs of our business activities on the communities and natural systems in which we operate. |
Standard Newsprint being the paper used to print the West Australian, Sunday Times, Regional and Community titles is certified plantation forests. |
• West Australian Newspapers have internal controls in place to ensure that any paper used is not from illegally logged timber and any virgin fibre required is sustainable sourced. |
This report documents our efforts to further develop a dynamic and diverse workforce, support our communities, manage our environmental footprint and ensure strong governance. |
Anchored by four key tenets – culture, collaboration, clients and community – this action plan is helping us achieve our goal of systemic equity throughout Omnicom. |
To strengthen our oversight of, and transparency on, environmental, social and governance matters in added disclosures specific to our industry to this year’s report from the Sustainability Accounting Standards Board (SASB). |
Other governance-related improvements made in training, which joins existing mandatory business ethics, security awareness and cybersecurity training for all Omnicom colleagues. |
I’m honored and privileged to share this report on our corporate responsibility activities and progress. |
About Omnicom Group Omnicom is a strategic company of leading advertising, marketing and corporate communications companies. |
GOALS AND HIGHLIGHTS In People, Community, Environment and Governance. |
Grew our OPEN Leadership Team to nearly leader for each network and practice area reporting directly to their CEO. |
Their relentless creativity, integrity and determination define who we are as a company and set us apart from the competition. |
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