We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Home Depot is a direct member of the US Chamber of Commerce.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Home Depot is a member of the US Chamber of Commerce
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Home Depot is a member of the US Chamber of Commerce
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Home Depot is a member of the US Chamber of Commerce
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Home Depot is a direct member of the US Chamber of Commerce.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Home Depot is a member of the US Chamber of Commerce
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Home Depot is a member of the US Chamber of Commerce
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Home Depot is a member of the US Chamber of Commerce
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Climate Lobbying Overview: The Home Depot (Home Depot) has extremely limited engagement with climate policy. At the top-line level, it shows broad support for the Paris Agreement and the science of climate change. In terms of specific policies, Home Depot appears to be supportive of energy efficiency. Its engagement with other streams of climate policy seems limited. The company also has limited transparency regarding its membership in industry associations. As of April 2022, it has disclosed a list of its industry association memberships, however, without further information on the associations’ positions on climate policy and the alignment of these positions with its own.
Top-line Messaging on Climate Policy: InfluenceMap has found limited evidence of Home Depot’s top-line position on climate policy. In its 2021 ESG Report, Home Depot disclosed that it had set Science Based Target Initiative (SBTi) emissions reduction targets ‘in line with the goals of the Paris Agreement,’ but did not take a position on the agreement itself.
Engagement with Climate-related Policies: Home Depot appears to have limited detailed engagement with climate policy. In its 2020 CDP Climate Change response, Home Depot appeared to support the idea of a federal carbon tax in the U.S. to offset the “patchwork” of state laws. In its 2021 CDP response, Home Depot stated support for the U.S. bill titled Energy Conservation Program: Energy Conservation Standards for Ceiling Fans. The company has also disclosed its support for specific policies on energy efficiency in its CDP submissions in 2019 and 2020, including the Energy Savings and Industrial Competitiveness Act, the Smart Manufacturing Leadership Act, and the Weatherization Enhancement and Local Energy Efficiency Investment and Accountability Act. Home Depot does not seem to have disclosed its position on other streams of climate policy, and does not disclose details of its climate policy engagement on its corporate website.
Positioning on Energy Transition: InfluenceMap has not found evidence of Home Depot’s position on the energy transition.
Industry Association Governance: As of April 2022, Home Depot has disclosed a list of its membership in trade associations in the U.S. to which it pays annual fees exceeding $5,000. However, it provided no further details regarding the climate policy positions of these associations and activities, nor actions the company has taken to influence these positions. Between 2015 and 2021, Home Depot has not disclosed its membership and activities in trade associations in its CDP submissions.