Lowe’s Companies, Inc. ESG Profile (LOW): Is It Sustainable?

Our Lowe's Companies, Inc. (LOW) ESG Review

Our Take

Lowe’s Companies, Inc. is one of the world’s largest home improvement retailers with fiscal year 2020 sales of $72.1 billion. Lowe’s operates approximately 2,200 stores in the United States, Canada and Mexico. Founded in 1946, Lowe’s has a history of supporting the communities it serves through programs focused on improving housing affordability, supporting disaster relief efforts and promoting environmental sustainability.
Lowe’s is committed to being a good steward of the environment and works to operate its business in an environmentally responsible manner. The company seeks to minimize its environmental impact by reducing energy consumption, waste generation and greenhouse gas emissions. Lowe’s offers customers environmentally friendly product options, promotes recycling and efficient water use, and engages employees and customers in environmental stewardship.
Lowe’s is also committed to improving housing affordability. The company offers a variety of products and services to help make homes more affordable and accessible for everyone. Lowe’s offers financing options, home improvement workshops and resources to help customers with their projects. The company also partners with organizations to help fund homeownership initiatives and support affordable housing programs.

Sector: Consumer Discretionary

Industry: Home Improvement Retail

Website: www.lowes.com

Business Description

Lowe’s Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products in various categories, such as appliances, décor, paint, hardware, millwork, lawn and garden, lighting, lumber and building materials, flooring, kitchens and bath, rough plumbing and electrical, seasonal and outdoor living, and tools. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers. As of January 29, 2021, it operated 1,974 home improvement and hardware stores. The company also sells its products through websites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe’s Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.

Company	Lowe's Companies, Inc.
Exchange	NYSE
Address	1000 Lowe’s Boulevard,, Mooresville, USA

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FAQ

How much is Lowe's Companies, Inc. (LOW) stock?

The current stock price of Lowe's Companies, Inc. (LOW) is $228.14.

What is Lowe's Companies, Inc. (LOW)'s ESG Score?

Lowe's Companies, Inc. (LOW) has an ESG score of 60, B, and bb as rated from Sustainalytics, ESG Enterprise, and MSCI, respectively.