Home Depot Inc
Home Depot's GHG Emissions Data Preview
In 2023, Home Depot completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Home Depot has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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aVerified Sources Behind Home Depot’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Home Depot’s data sources below and access millions more through our Disclosure Search.
Insights into Home Depot's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Home Depot amounted to 1,661,932 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Home Depot increased by 6.71%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b c
Home Depot's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Home Depot's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Home Depot were 628,738 metric tons of CO₂ equivalent (tCO₂e). a
Has Home Depot reduced its Scope 1 emissions over time?
Since 2018, Home Depot's Scope 1 emissions have increased by 21.85%, reflecting a rising long-term trend in Scope 1 emissions over time. a e
Compared to the previous year (2022), Home Depot's Scope 1 emissions increased by 5.23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Home Depot's Scope 2 emissions?
In 2023, Home Depot reported Scope 2 greenhouse gas (GHG) emissions of 733,779 tCO₂e using the market-based method and 1,033,194 tCO₂e using the location-based method. a
Has Home Depot reduced its Scope 2 emissions over time?
Since 2018, Home Depot's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 37.34%, reflecting a declining long-term trend in Scope 2 emissions over time. a e
Compared to the previous year (2022), Home Depot's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Home Depot 's emissions have plateaued with no significant change in its energy consumption footprint. a c
What methodology does Home Depot use for Scope 2 reporting?
In 2023, Home Depot reported its Scope 2 emissions using the market-based method and using the location-based method. a
Home Depot's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Home Depot's Value Chain Emissions
In 2023, Home Depot reported 192,934,480 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Home Depot includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Home Depot's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Home Depot's Scope 3 emissions?
In 2023, Home Depot reported total Scope 3 emissions of 192,934,480 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 24.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 75.88% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Home Depot reduced its Scope 3 emissions over time?
Since 2018, Home Depot's Scope 3 emissions have increased by 6,634.19%, reflecting a rising long-term trend in Scope 3 emissions over time. a d
Compared to the previous year (2022), Home Depot's Scope 3 emissions increased by 5,119.38%, suggesting that the company faced challenges in reducing emissions across its value chain. a c
What categories of Scope 3 emissions does Home Depot disclose?
In 2023, Home Depot reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Home Depot's Scope 3 emissions?
In 2023, the largest contributors to Home Depot's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 128,526,020 tCO₂e (66.62%)
- Purchased Goods and Services (Cat. 1): 42,921,389 tCO₂e (22.25%)
- End-of-Life Treatment of Sold Products (Cat. 12): 17,565,797 tCO₂e (9.1%)
Home Depot's Scope 3 Emissions by Categories
Insights into Home Depot’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Home Depot reported Scope 1 greenhouse gas (GHG) emissions of 628,738 tCO₂e and total revenues of USD 152,669 millions. This translates into an emissions intensity of 4.12 tCO₂e per millions USD. a
Home Depot's Scope 1 Emissions Intensity Compared to Peers
How does Home Depot's GHG emissions intensity compare to its peers?
In 2023, Home Depot reported a Scope 1 emissions intensity of 4.12 tCO₂e per millions USD. Compared to the peer group median of 3.07 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Home Depot rank on GHG emissions intensity within its industry?
In 2023, Home Depot ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Home Depot is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Home Depot's Total Carbon Footprint
In 2023, Home Depot reported a total carbon footprint of 194,596,412 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3,603.78% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b c
The largest contributor to Home Depot's total carbon footprint was Scope 3 emissions, accounting for 99.15% of the company's total carbon footprint, followed by Scope 2 emissions at 0.53%. a