We might be in the business of selling equipment, but sometimes the most sustainable tool isn’t the new one on the shelf. The Home Depot’s tool rental and repair are examples of circularity in operations.
Equipment Rental at The Home Depot
The Home Depot rents everything from trucks to floor sanders and rototillers. Equipment rental reduces the number of tools sold by providing access to equipment without the raw material consumption and energy emissions of ownership. Tool rentals also deliver the right tool for the right project without the storage, maintenance or expense of ownership.
The following are the cumulative metrics of The Home Depot’s tool rental for 2020.
- In 2020, The Home Depot rented tools more than 8.6M times.
- Renting tools reduced carbon emissions by millions of metric tons.
Equipment Repair at The Home Depot
Equipment repair is equally integral to a circular economy. The Home Depot repairs items in our stores and for our customers to extend the life of products and avoid the energy emissions from manufacturing replacements.
The impacts of repair are significant, as shown in the following metrics from 2020 alone.
- In total, over 354,000 tools were repaired in 2020.
- 169,000 customer tool repairs by The Home Depot.
- 12,500 customer tool repairs referred to third-party service providers.
- 55,600 repairs of our tool rental equipment.
- 57,000 repairs of store-owned tools.
- 59,900 repairs of store equipment.