Macy's, Inc., a prominent American retail giant, is headquartered in Cincinnati, Ohio, and operates extensively across the United States. Founded in 1858, Macy's has established itself as a leader in the department store industry, offering a diverse range of products including clothing, accessories, home goods, and beauty items. Known for its iconic flagship store in New York City, Macy's has achieved significant milestones, such as pioneering the Thanksgiving Day Parade and embracing e-commerce innovations. With a commitment to quality and customer service, Macy's distinguishes itself through exclusive brand partnerships and a unique shopping experience. As a key player in the retail sector, Macy's continues to adapt to market trends, solidifying its position as a trusted destination for consumers seeking style and value.
How does Macys'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.
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.
Macys's score of 24 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Macy's reported total carbon emissions of approximately 12,559,258,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 12,559,258,000 kg CO2e. Scope 1 emissions were approximately 40,901,000 kg CO2e, while Scope 2 emissions totalled around 439,168,000 kg CO2e. The combined Scope 1 and 2 emissions reached about 480,069,000 kg CO2e. Macy's has made various climate commitments, although specific reduction targets or initiatives were not detailed in the provided data. The company has engaged in carbon reduction efforts, achieving reductions of approximately 13,400,000 kg CO2e in 2010, 41,000,000 kg CO2e in 2011, and 27,000,000 kg CO2e in 2012, among others in subsequent years. However, no formal science-based targets or climate pledges were mentioned. Overall, Macy's continues to address its carbon footprint through various initiatives, while the majority of its emissions stem from its supply chain and operational activities.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 96,876,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 710,548,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | 00,000,000 | 000,000,000 | 00,000,000,000 |
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.
Macys 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.