Grainger’s High-Touch unit sold more than $1 billion worth of environmentally preferred products in 2022, the company has revealed.
In the company’s Q2 earnings call this week, CEO DG MacPherson said revenue from these types of items has increased steadily over the past few years as customer conversations around their environmental footprints have become more commonplace.
Grainger has been tying in sustainability to its product and service offering. For example, with a large container terminal operator, the reseller sold and is installing more than 300 solar panels that are estimated to reduce CO2 emissions by around 4,000 tons over the next 20 years.
Grainger has also been working on lowering its own emissions. Since 2018, it has cut global absolute Scope 1 and Scope 2 emissions by 26%, nearing the 2030 goal of a 30% reduction.
Chicago (IL), USA