HOME DEPOT, INC.
Shareholder Proposals
Item 6
Commission and publish an objective report evaluating Home Depot’s recycling-related plastics targets and comparing them to continued use of virgin plastics where practical and cost-effective.
The proposal requests that the Board commission and publish, by March 31, 2027, a report assessing Home Depot’s plastics reduction/conversion target (200 million pounds by end of 2028). The requested analysis should compare environmental and economic trade-offs — including lifecycle emissions, supply, quality, safety, logistics and cost — between recycled/recyclable alternatives and continued use of virgin plastics where appropriate. The proponent argues current Company commitments lack an objective, comprehensive analysis and that waste management rather than plastics per se may be the primary problem. The report should be public, omit proprietary information, and be science-based and economically rigorous.
Item 7
Prepare and publish a report describing how Home Depot could commit to making all its packaging curbside recyclable, reusable, or compostable, including quantifying total plastic packaging and potential reduction strategies.
This proposal requests the Board prepare a public report (excluding proprietary information) that quantifies Home Depot’s total plastic packaging footprint and describes how the Company could adopt a time‑bound commitment to make all packaging curbside recyclable, reusable or compostable. The report should outline reduction strategies, materials redesign, substitution, and plans to transition to reusables. The proponent cites peer retailer commitments and regulatory/financial risks related to plastic pollution and extended producer responsibility laws to justify the requested disclosure. The intent is to align Company policy with peers and to provide investors clarity on plastics-related exposure and transition plans.
Item 8
Produce a report assessing risks to customer data privacy from sharing sensitive personal data with third parties and describe mitigation strategies beyond legal compliance.
The proposal asks the Board to publish a report (omitting proprietary information) assessing risks to customers’ data privacy arising from Home Depot’s sharing of sensitive customer data with third parties, including law enforcement access to ALPR data provided by vendors. The requested report should evaluate legal, financial, reputational and civil‑rights risks, and describe strategies beyond mere legal compliance, such as independent third‑party audits, stricter vendor oversight, or opt‑in consent for non‑essential government data sharing. The proponents cite specific vendor (Flock Safety) concerns, regulatory findings and litigation examples to support the need for enhanced transparency and governance. The report is intended to inform investors about potential privacy exposures and the Company’s mitigation practices.
Item 9
Adopt a policy requiring the Board Chair and CEO roles be separate and that the Chair be an independent director.
The proposal asks the Board to adopt a formal policy (and amend governing documents if necessary) to separate the roles of Chair and CEO, with the Chair being an independent director. The proponent argues that an independent Chair would provide impartial oversight, strengthen accountability, reduce conflicts of interest, and improve shareholder confidence. The proposal allows for an interim non‑independent Chair during a transition but seeks an enduring separation of roles. It cites recent stock performance and operational headwinds as reasons for adopting the change to enhance governance and oversight.
Item 10
Conduct and publicly disclose a biodiversity impact and dependency assessment identifying key nature‑related risks and impacts across the value chain to inform the Company’s strategy.
The proposal requests that Home Depot perform and publish a biodiversity impact and dependency assessment to identify significant nature‑related risks and dependencies across product segments and the value chain. The report should inform strategy to manage nature-related risks, regulatory exposure and supply‑chain vulnerabilities. The proponent highlights risks associated with timber sourcing, pesticides, PFAS, PVC, and invasive species and cites evolving investor/regulatory expectations such as TNFD. The objective is to improve disclosure, risk management and preparedness for nature-related regulation.
Item 11
Issue a public report assessing whether associates have sufficient access to timely, quality healthcare and describe strategies to address any insufficiencies.
This proposal asks the Board to publish a report evaluating whether Home Depot associates have adequate access to timely, quality healthcare and to describe strategies to remedy any gaps. The requested report should cover affordability, timeliness and breadth of care and consider measures beyond legal compliance to improve health access and outcomes. The proponent cites research linking employee health to productivity and notes regional healthcare disparities where Home Depot operates. The intent is to inform investors about workforce health risks and the Company’s approach to mitigating them.
Item 12
Conduct and publish an evaluation of the benefits, costs and reputational, legal and other risks associated with the Company’s charitable support and partnerships.
The proposal requests a public report (excluding proprietary information) evaluating Home Depot’s charitable contributions and partnerships with respect to potential discrimination, reputational, legal and other risks. The proponent raises concerns about prior associations (citing the Human Rights Campaign) and the potential alienation of employees/customers who hold differing views. The report should analyze the business, legal and reputational implications of corporate charity choices and consider whether charitable support appropriately reflects diverse stakeholder perspectives. The aim is to increase transparency and inform investors of risks from politicized charitable relationships.