Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 35 home improvement company serving approximately 19 million customers a week in the United States. With the fiscal year 2022 sales of nearly $97 billion, Lowe’s and its related businesses operate or service more than 1,700 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. Mission: Together, deliver the right home improvement products, with the best service and value, across every channel and community we serve.
Lowe’s
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4.5
Overall Excellence Rating
Industry
RetailCategory
Home Furniture & HousewaresESG/Ethical Impact
We have a responsibility to the customers and communities we serve. That’s why we’ve invested more than $400 million in local communities since 2018, which includes the newly launched Lowe’s Hometowns grant program, a five-year $100 million investment. In 2022, more than 1.4 million people are estimated to have benefitted from our 100 signature projects within the year following their completion. And our commitment to our people and communities extends beyond that. Through financial grants, product donations, associate volunteerism, nonprofit partnerships and more, we are making meaningful and long-lasting impacts. Associate safety remains a priority enterprisewide with our Lowe’s Safe initiatives yielding positive results. We’re pleased that in 2022, our lost time incident rate (LTIR) dropped to 1.78 from 2.21 in 2021. In the year ahead, we’ll continue to focus on what matters most: the safety and well-being of our associates and customers. Achieving this goal will require strong collaboration — from suppliers to customers — and a determined focus on reducing the impact of our value chain, increasing product efficiency and transitioning to renewable energy sources. We are seizing on our unique position to help transform the residential sector by providing more efficient products, educational resources and opportunities for homeowners to advance their personal sustainability journeys. For our efforts and advancements in environmental, social and governance practices, we were named to the Dow Jones Sustainability Index for North America for the fourth consecutive year. While we’re proud of these accomplishments, Lowe’s has a culture of continuous improvement. We seek opportunities to improve operational efficiency, offer safer and more eco-friendly products, support our local communities and maintain a diverse, healthy, skilled and engaged workforce.
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Awards Received
2023
Revenues
$96,200,000,000.00
Website Traffic
Employee Rating
3.5
Customer Rating
3.5
Company Size
10000+
ESG Risk Rating
4
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