NRDC says Home Depot’s forest sourcing policy misses the mark

By Shelley Vinyard, Boreal Corporate Campaign Manager
Natural Resources Defence Council
February 8, 2024
Category: Forestry
Region: United States

At a time when governments, scientists, and civil society groups are all elevating the urgent need to halt deforestation and forest degradation, The Home Depot has pushed in the opposite direction with the publication of its new forestry policy and “Sustainable Forestry Report.” These new publications were a response to a clear and overwhelming signal from Home Depot’s shareholders in 2022. That May, two-thirds of Home Depot’s shareholders called on the company to “issue a report assessing if and how it could increase the scale, pace, and rigor of its efforts to eliminate deforestation and the degradation of primary forests in its supply chains” by voting for a shareholder proposal filed by Green Century Capital Management. That directive, along with the proposal’s supporting statement, painted a clear picture of what investors wanted the company to disclose about its sourcing. But in the company’s just-released publications, Home Depot opted instead for greenwashing and inaction.

Read More