Commercial, Energy Efficiency, GHG Emissions - July 8, 2022
Lowe’s Achieves GHG Reduction
Lowe's achieved its 2025 goal of reducing Scope 1 and 2 GHG by 40% - four years early - and reduced GHG by 42% over the past five years.
The home improvement retailer also helped provide 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.
Lowe's will continue to address environmental issues, 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.
The company provided details in its 2021 Corporate Responsibility report.
"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, in a statement.