PESTEL Analysis Of Home Depot And Ford Motor Company

In this environmental responsibility Home Depot has created a Five Key Focus areas program that includes, a Healthy Home, Clean Air, Water Conservation, Energy Efficiency and Sustainable Forestry. Having these five areas also allows Home Depot to consistently practice a Circular Economy. Healthy Home is practiced by Home Depot through the sale of their products from “cleaning products that are non-toxic, biodegradable and hypoallergenic” and “non-toxic, biodegradable drain cleaner won’t harm pipes” to plant food that is “made from recycled food waste”(The Home Depot 56). Home Depot Practices Clean air by the commitment to promoting the use of safer products and the annual membership to the Green Chemistry and Commerce Council.

Today, global warming is now ruled the number one problem in America because our lives are connected to the climate. Many people do

Environmental factors: In another effort to draw and retain loyal customers involved the promotion of environmental awareness. In addition to touting recyclable and environmentally friendly products, many discount stores attempted to cut back on lighting, heating, cooling, and other energy-draining expenses. They also began using recycled paper for printed advertisements and signboards. Target also sponsored Kids for Saving the Earth, a grass roots environmental organization.

Kohl’s is interested in taking a step in the right direction by reducing their biological footprint by seeking out innovative solutions. They are finding alternative energy sources and using energy efficient ideas and implementing them in various stores across the nation. These ideas range from recycling hangers to building environmentally friendly buildings. Kohl’s has dedicated their time to creating energy efficient buildings when they started putting ideas together in 1998 as they realized putting the time and money into such an investment would pay off in the long run and in return save them money. They started partnering with EPA’s Energy Star to look into existing buildings and plan ahead for new buildings when they would be

Home Depot has values towards a collective commitment to human rights, environmentally practices, and safety. Home Depot does this by getting most of the wood from north American forests. Also, by partnering with nonprofits to limit harvest in areas where rain forests are endangered. Additionally, by building relationships with their suppliers and vendors who share the same views of commitment of protecting the earth. There are thousands of supply audits yearly, to ensure suppliers are following (SER) social environmental responsibility which is mandated in all Home Depo

Home Depot's varied selection of products and services and its own extensive network of stores permit it to boost sales and increase success. Home Depot's business stretches across a network around 2,269 stores over the U.S., Canada, and Mexico. Its store inventory contains almost 30,000 to 40,000 different sorts of building materials, do-it-yourself supplies, home appliances, and backyard and garden products. It provides its products under various categories, particularly floor coverings, tools, paint, lumber, kitchen and bathroom, plumbing, interior garden, home appliances, building materials, hardware, decoration, outdoor garden, millwork, electrical power, and

Most people have heard about the heating of the planet at some point. It is an almost inevitable topic of conversation. However, in a survey done on YouGov.com, it was found that only 36% of Americans believe that global warming is a serious issue (Global Survey Dahlgreen), and, based on another survey done by Monmouth university, only 70% admit that it is happening at all. (Monmouth University). However, global warming is a huge issue in the world, one that will only get worse if we continue to ignore it.

(Dollar General Corporation Analysis, 2014). As a large corporation, this places Dollar General in an exceptional position to contribute to the environment and provide a significant influence on customers by offering environmentally safe and friendly product selections to encourage a green environment. An aggressive recycling program is in place to avert waste from going to landfills at substantial levels. The collection and processing of cardboard waste alone for recycling saves an estimated equivalency of nearly 2.4 million forest trees a year (Dollar General Corporation, 2014). Outdated computer processors, worn store equipment, and consumable paper and plastic are also among the many recyclable by-products Dollar General keeps out of landfills with its forward leaning recycling programs. Also Dollar General’s choice to implement the use of energy efficient lighting systems and programmed central air/heat pumps conserves energy as well as keep operating cost low for greater profits for stakeholders and low cost savings for customers (Dollar General Corporation, 2014). Furthermore, shoppers are engaged routinely on environmental awareness and informed on the variety of "green" choices available. This is achieved by offering a mixture of eco-friendly items such as reusable carryout bags and environmentally safe cleaning products. Making green choices is good for

Wal-Mart’s job is to manage these tensions, weighing the demands of customers against the concerns of network partners. To offer a profitable mix that includes more green products, Wal- Mart can retire conventional products in favor

The company’s strategy for marketing has afforded astounding accomplishments for Home Depot’s over the past 40 years. The company screen their consumers through demographics. Using this strategy creates a more accessible segmentation for consumers. Home Depot’s DIY consumers may access tools, products, and resources regarding “how-to” assistance.

2015). This paper looks at the environmental challenges facing Detroit 's “Big Three” (i.e., Ford,

A PESTEL analysis is a tool used to conduct an analysis of an industry, such as the dairy industry. It allows a company to assess the different factors that have an effect on the industry. Political, Economic, Social, Technological, Environmental and Legal factors all have an influence on the industry, and they need to be acknowledged when a firm creates strategies. By assessing these factors, a firm in the dairy industry, such as the Irish Dairy Board, can decide on the best possible strategies to implement which will allow the business to succeed in the competitive and growing industry.

At the time of this study, Home Depot, Inc. had delivered positive financial results in what was “one of the most challenging retail environments in 20 years” (Annual Report). Ranking among the best in retailing, Home Depot opened 203 new stores, created 40,000 new jobs, and made significant investments in technology, operations, and merchandising in 2002. With a steadily increasing market share of over 25%, Home Depot has maintained its title as #1 in home improvement retail industry (Home Depot and Annual Report).

“Scientific evidence for warming of the climate system is unequivocal” according to the intergovernmental panel on climate change (“Climate Change Evidence”). This climate change has caused sea levels to rise, temperatures to rise, oceans to warm and rise, ice sheets to melt, and extreme weather events along with many other impacts. 97% of scientists believe global warming is caused by humans and it needs to be addressed ("Scientific Consensus”). Countries and individuals have been trying to help on whatever level they can. Individuals are making small and easy changes in their daily lives to help address the problem. One way society has tried to address the issues of global warming is to create products which are more environmentally friendly. These goods are often called “natural”, “green”, “eco-friendly”, or they carry other eco-labels to tell consumers that they are better for the environment than alternative products.

. Today, homeowners find instead that the economy keeps them from leaving their current living situation, and now favor making home improvements. Home Depot, a National Big box retailer, announced February, 2011 that ”it will hire more than 60,000 seasonal associates in time for the Company's second annual Spring Black Friday event”,(Home Depot ) in anticipation of an expected increase in purchases by these homeowners. Financially, a savvy homeowner finds that making home improvements in the long run leads to increasing the value of the home. The question today most people are asking is, ‘how beneficial is it to renovate my home with the new energy efficient, green and sustainable’ products, or should I just make a few repairs and paint the house?’