groups ask Home Depot, Lowe’s to end glyphosate sales InvestorPlace Skip to content
Copyright © 2020 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201.
Competitor Costco has already announced its commitment to phase out the products By Robert Lakin, InvestorPlace Contributor 27 August 2020, 07:54 EST 27 August 2020 About 66 organizations representing more than 7.5 million members asked Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW) to remove glyphosate-based herbicides including Monsanto’s Roundup from their online and physical stores, says the environmental group Friends of the Earth in a release.
Source: Mihai_Andritoiu / Shutterstock.com
The organizations represent consumers, environmental activists, farmers and beekeepers. They encouraged retailers to offer alternatives including more organic alternatives. The announcement stated that the World Health Organization classifies glyphosate as a probable human carcinogen that has been linked to other health problems. Glyphosate contributes to the monarch butterfly population reducing and harming bees, it added. Costco (NASDAQ: COST) has already announced its commitment to phase out glyphosate-based products. Shares of Bayer (OTCMKTS: BAYRY) were shaken last year after a jury found that Roundup was responsible for the carcinogen. “Research shows that homeowners use up to ten times more chemical pesticides per acre on their lawns than farmers use on crops. It is careless to sell consumers products linked to cancer when there are safer organic alternatives, says Kendra Klein, senior researcher at Friends of the Earth.
Article printed from InvestorPlace Media, https://investorplace.com/2020/08/environmental-groups-ask-home-depot-lowes-to-end-glyphosate-sales/.
© 2020 InvestorPlace Media, LLC
Subscriber Log in
Not a premium subscriber yet?
Subscribe Close login mode