Home Depot Sets Goal For Battery Powered Products To Drive Over 85% Of Outdoor Lawn Equipment Sales By 2028
Portfolio Pulse from Charles Gross
Home Depot (HD) aims for over 85% of its outdoor lawn equipment sales in the US and Canada to be battery-powered by 2028, reducing greenhouse gas emissions by over 2 million metric tons annually.

June 22, 2023 | 3:04 pm
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POSITIVE IMPACT
Home Depot's goal to shift towards battery-powered lawn equipment by 2028 may attract environmentally conscious consumers and boost sales.
Home Depot's commitment to battery-powered lawn equipment demonstrates its focus on sustainability and reducing greenhouse gas emissions. This move may attract environmentally conscious consumers, potentially increasing sales and positively impacting the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100