The Home Depot, Environmental Innovation News

The Home Depot Launches National CFL Bulb Recycling Initiative

ATLANTA, June 24 PRNewswire-FirstCall — The Home Depot(R), the world's largest home improvement retailer, today expanded its long-term commitment to the environment and sustainability by launching a national in-store, consumer compact fluorescent light (CFL) bulb recycling program at all 1,973 The Home Depot locations. This free service is the first such offering made so widely available by a retailer in the United States and offers customers additional options for making environmentally conscious decisions from purchase to disposal. The Home Depot Canada launched a CFL recycling program in November, 2007.

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At each The Home Depot store, customers can simply bring in any expired, unbroken CFL bulbs, and give them to the store associate behind the returns desk. The bulbs will then be managed responsibly by an environmental management company who will coordinate CFL packaging, transportation and recycling to maximize safety and ensure environmental compliance.

In addition to the CFL recycling program, The Home Depot has also launched an in-store energy conservation program to switch Light Fixture Showrooms in U.S. stores from incandescent bulbs to CFLs by Fall 2008 and save $16 million annually in energy costs.

The CFL recycling program is an extension of The Home Depot's Eco Options program. Eco Options, launched in April 2007, is a classification that allows customers to easily identify products that have less of an impact on the environment.

"The CFL recycling program is another example of how The Home Depot is empowering customers to help make a difference in their own homes, and have less of an impact on the environment," said Ron Jarvis, senior vice president, Environmental Innovation. "With more than 75 percent of households located within 10 miles of a Home Depot store, this program is the first national solution to providing Americans with a convenient way to recycle CFLs."

Switching from traditional light bulbs to CFLs is an easy change consumers can make to reduce energy use at home. According to the EPA's ENERGY STAR(R) program, if every American switched out one incandescent bulb to a CFL, it would prevent more than $600 million in annual energy costs and prevent greenhouse gases equivalent to the emissions from 800,000 cars. As the largest retailer of light bulbs in the country, The Home Depot sold over 75 million CFLs in 2007, which saved Americans approximately $4.8 billion in energy costs and 51.8 billion pounds in CO2 greenhouse gases over the life of the bulbs.

Other environmental initiatives The Home Depot has implemented since the launch of Eco Options in April 2007 include:

— Store recycling program in the U.S. of shrink wrap and mixed plastics, which will result in 50 million pounds of waste diverted from landfills each year.

— Internal recycling initiative at corporate headquarters that is projected to increase the amount of recycled materials from 30 percent to at least 65 percent.

— Renewed commitment to use transportation partners registered in SmartWay program and ensuring The Home Depot distribution facilities and stores further promote emission reduction.

For more information on the CFL Recycling Program or Eco Options, please visit www.homedepot.com/ecooptions.

About The Home Depot

The Home Depot(R) is the world's largest home improvement specialty retailer, with 2,262 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, Mexico and China. In fiscal 2007, The Home Depot had sales of $77.3 billion and earnings from continuing operations of $4.2 billion. The Company employs more than 300,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index. HDG

SOURCE The Home Depot

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