Lowe’s Cuts Greenhouse Gases by 42% Using Renewables, Energy Efficiency

August 26, 2022 EcoVadis EN


Lowe’s Companies is a home-improvement retailer with nearly 2,200 stores in the United States and Canada. The Mooresville, NC company employs 300,000 people and had sales in 2021 of $96 billion. 

In 2021, it cut its scope 1 and 2 greenhouse gases by 42% over the last five years. It, therefore, beat its goal of cutting those emissions by 40% by 2025. Its new objective is to cut emissions by 60% by 2030 from 2022 levels. 

“As one of the world’s largest retailers, we feel a deep sense of responsibility to protect the planet we all share. Across our operations, we reduced absolute Scope 1 and 2 greenhouse gas emissions by 42% over the past five years and achieved an 11% reduction in total energy consumption from 2020 to 2021,” says Marvin Ellison, chief executive of Lowe’s, in the company’s annual report.


Read the full article at: www.environmentalleader.com

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EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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