Home Depot Says 85% of Lawn Equipment Sales to be Battery Powered by 2028, Saving 2 Million Tons of Emissions per Year

Mark Segal June 22, 2023

Home Depot announced today a new goal to have more than 85% of its US and Canada sales of outdoor power equipment, including lawn mowers, leaf blowers and trimmers to be powered by rechargeable batteries, instead of gas.

According to the company, the transition would reduce more than 2 million metric tons of greenhouse gas (GHG) emissions per year, with gas-powered mowers creating as much pollution in an hour as driving 300 miles in an average car, and a gas leaf blower generating emissions similar to driving 1,100 miles.

In order to reach its goal, Home Depot said that it will offer cordless outdoor power tools from companies committed to building rechargeable tools, including Ryobi, Milwaukee, Makita, DeWalt and others.

Ron Jarvis, Chief Sustainability Officer for The Home Depot, said:

“By working with our suppliers to bring innovative and sustainable products to every aisle of our store, we can help our customers create more sustainable homes and workplaces.”

Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm’s head of U.S. equities. While at DCM, Mark was part of the firm’s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.