As part of the company’s commitment to being a responsible corporate citizen, Lowe’s published its 2021 Corporate Responsibility Report today and announced that, in 2021, it had achieved a 2025 goal of reducing Scope One and Two greenhouse gas emissions by 40% four years early, with a reduction of 42% over the past five years.
Lowe’s pointed out other report highlights including the company:
- Reaching more than 1.8 million people through a nationwide Generation T movement, promoting the benefits of skilled trades careers through online education, in-person events and virtual learning opportunities.
- Delivering 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.
- Providing more than $4.5 million in assistance to 3,140 Lowe’s associates as part of an Employee Relief Fund, which is based on contributions by associates matched dollar-for-dollar by Lowe’s.
- Distributing more than $740 million in bonuses to front-line associates.
By the end of 2022, as part of its sustainability efforts, Lowe’s will establish science-based net-zero near- and long-term GHG emissions reduction goals for its full value chain.
“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 vp of corporate sustainability, in announcing the report’s publication.
