Lowe's reduces greenhouse gases and energy consumption

Lowe's has reduced its Scope 1 and Scope 2 greenhouse gas emissions by 49 per cent since 2016 and energy consumption by 6 per cent since 2021. These are two results documented by the US DIY chain in its 2022 Corporate Responsibility Report, which it has now published. From the company's perspective, these results are particularly important:

Collaborated with suppliers to help drive efficiency, electrification and renewable energy in manufacturing processes. Of Lowe's strategic suppliers, 86 per cent have set sustainability goals.

Demonstrated ongoing commitment to associates by awarding more than  USD 580 mio in bonuses to frontline associates and by filling more than 80 per cent of leadership positions from within in 2022.

Surpassed the company's 2025 goal to invest USD 350 mio in local communities by investing over USD 400 mio since 2018 in initiatives focused on supporting critical housing repairs, skilled trades workforce development and disaster relief.

Launched Lowe's Hometowns, a five-year initiative worth USD 100 mio designed to improve and revitalise communities across the United States. Lowe's Hometowns grants aid efforts ranging from the improvement of housing and community centres to transforming outdoor spaces and facilities for first responders and veterans.

Named in the Dow Jones Sustainability Index for North America for the fourth consecutive year.

What is more, Lowe's also released its third Culture, Diversity & Inclusion Report, which details the company's diversity and inclusion strategies and programmes for its associates.