Lowe's Beats 2025 Greenhouse Gas Emissions Reduction Goal

• Company beats 2025 goal by achieving 42 percent greenhouse gas emissions reduction; invested $10 million and completed 100 community impact projects through '100 Hometowns' centennial initiative

Lowe's published its 2021 Corporate Responsibility report, detailing the company's goals and progress in three key areas: people and communities, product sustainability and operational excellence. This year's report, the company's 19th, reiterates Lowe's commitment to being a responsible corporate citizen.

"As our 100th year in business, 2021 was a milestone year for Lowe's. We hit our 2025 greenhouse gas reduction goal four years early and accelerated our efforts to reduce those emissions – while positively impacting our associates and communities through the Lowe's Employee Relief Fund and initiatives like 100 Hometowns. We're looking forward to the next 100 years of making a difference in the communities where we live and work," said Chris Cassell, Lowe's vice president of corporate sustainability.

Highlights of Lowe's 2021 Corporate Responsibility report include:

• Achieved 2025 goal of reducing Scope 1 and 2 greenhouse gas emissions (GHG) by 40 percent – four years early in 2021 – with a reduction of 42 percent over the past five years.
• Invested $10 million and completed 100 community impact projects through the 100 Hometowns initiative, which helped communities rebuild from natural disasters, repair critical housing, restore community centers, revive green spaces and more.
• Reached more than 1.8 million people through the Lowe's-led, nationwide Generation T movement, promoting the benefits of skilled trades careers through online education, in-person events and virtual learning opportunities.
• Delivered future water and energy bill savings of $17.7 billion to Lowe's customers who purchased the company's ENERGY STAR® and WaterSense® products in 2021. The company is also developing buying guides to embed sustainability criteria into product decisions.
• Provided more than $4.5 million in assistance to 3,140 Lowe's associates as part of the Lowe's Employee Relief Fund, funded by associates and matched dollar-for-dollar by Lowe's.
• Distributed more than $740 million in bonuses to front-line associates.

As Lowe's looks forward to its next 100 years, the company will continue to address key issues facing people and the planet – including by setting a science-based net-zero target by the end of 2022 that will include near and long-term GHG emissions reduction goals for Lowe's full value chain.

To learn more about corporate responsibility at Lowe's, please visit responsibility.lowes.com.

Source : Lowe's 

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