2022 Responsible Sourcing Report
Table of Contents
Letter from Our CEO and President | 05 |
Responsible Sourcing Program | 06 |
The Home Depot Human Rights Program | 08 |
Our Commitments | 10 |
Responsible Sourcing Standards | 12 |
Collaborations | 16 |
Process | 18 |
Audits | |
Corrective and Preventive Action (CAPA) | |
Corrective and Preventive Action Verification | Program |
The Home Depot Audit Process | |
ELEVATE Partnership | 21 |
Transparency Improvement Program (TIP) | |
Supplier Compliance Ownership | |
Program Evaluation (SCOPE) | |
Training and Communication | 24 |
Conflict Minerals | 28 |
Ethical Accountability | 29 |
THD Responsible Sourcing Team | 31 |
Unless otherwise noted, all data included in this report is for the fiscal year ended January 31, 2022.
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Letter from Our
CEO and President
"
Our values define who we are and how we operate.
More than 40 years ago, our founders gave us an incredible gift of eight core values. These values aren't just something we post in our lobby; they are our North Star and guide our decisions.
Although a majority of our products are sourced in North America, The Home Depot works with thousands of suppliers and factories around the world to source merchandise for our customers. Through our Responsible Sourcing program, we strive to ensure our values direct each step of the supply chain to make a positive impact. It's incredibly important to us that the people who create what we sell are treated with respect in a safe and fair workplace, and that our suppliers benefit from doing the right thing. Ultimately, we want our customers to receive quality products that have been sourced responsibly.
Our outstanding associates and suppliers continue to make social and environmental responsibility a top priority, and I want to thank them for their hard work and the many ways they bring our values to life each and every day.
"
Ted Decker
CEO and President
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Responsible Sourcing Program
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The Home Depot
Human Rights Program
Our values of Doing the Right Thing, Respect for All People and Taking Care of Our People are at the center of our Human Rights program. The Home Depot and our affiliates, divisions and subsidiaries respect and support the dignity, well-being and human rights of our associates, the workers in our extended supply chain, the communities in which we live and those affected by our operations.
The Home Depot is committed to respecting internationally recognized human rights. We review and are informed by the United Nations (UN) Guiding Principles on Business and Human Rights, the International Bill of Human Rights, and the International Labour Organization's (ILO) Declaration on Fundamental Principles and Rights at Work. We recognize that while governments have a duty to protect human rights, companies also have a responsibility to respect human rights. This means addressing the adverse impacts of our global operations.
We believe respecting human rights is of growing importance to our associates, workers, shareholders, investors, customers, consumers and the communities where we operate. There is both a business and moral case for working to ensure that human rights are upheld across our supply chain.
Through contractual arrangements and our Responsible Sourcing program, we require our suppliers to acknowledge and abide by our human rights expectations. Our suppliers must agree to our Responsible Sourcing requirements as a condition of doing business with The Home Depot.
There is both a business and moral case for working to ensure that human rights are upheld across our supply chain.
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The Home Depot Inc. published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 15:18:13 UTC.