Tjx Companies
The TJX Companies, Inc., commonly referred to as TJX, is a leading off-price retailer headquartered in the United States. Established in 1956, the company operates primarily in North America and Europe, with a strong presence in regions such as Canada and the UK. Specialising in apparel and home goods, TJX is renowned for its unique business model that offers brand-name merchandise at discounted prices, making it a favourite among value-conscious consumers. With well-known retail chains like T.J. Maxx, Marshalls, and HomeGoods under its umbrella, TJX has achieved significant market position as one of the largest off-price retailers globally. The company has consistently demonstrated resilience and growth, marked by key milestones such as its expansion into international markets and a robust e-commerce platform. TJX's commitment to quality and value sets it apart in the competitive retail landscape.
DitchCarbon Score
How does Tjx Companies's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tjx Companies's score of 51 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tjx Companies's reported carbon emissions
In 2023, Tjx Companies reported carbon emissions of approximately 90,084,000 kg CO2e for Scope 1 and 420,835,000 kg CO2e for Scope 2 in the US. This reflects a continued commitment to monitoring and managing their carbon footprint. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future development in their sustainability strategy. In the previous year, 2022, Tjx Companies' emissions were about 87,362,000 kg CO2e for Scope 1 and 438,556,000 kg CO2e for Scope 2 in the US. The trend shows a slight increase in emissions, which may prompt the company to enhance its climate commitments moving forward. Globally, in 2023, Tjx Companies reported total emissions of approximately 128,450,000 kg CO2e for Scope 1, 60,000,000 kg CO2e for Scope 2, and 700,000,000 kg CO2e for Scope 3. The Scope 3 emissions, which include indirect emissions from the supply chain, highlight the importance of addressing emissions beyond direct operations. Overall, while Tjx Companies has made strides in tracking its emissions, the absence of defined reduction targets suggests an opportunity for the company to strengthen its climate commitments and align with industry standards for sustainability.
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Get Started| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 900,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 721,497,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tjx Companies is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
