Macy’s, Inc
Macy's, Inc., a prominent American retail giant, is headquartered in the United States and operates extensively across North America. Founded in 1858, Macy's has established itself as a leader in the department store industry, offering a diverse range of products including apparel, 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 concept of the modern department store. The company distinguishes itself through its unique blend of exclusive brands and a commitment to customer experience. Macy's is recognised for its innovative marketing strategies, including the renowned Macy's Thanksgiving Day Parade, which has become a cultural staple. With a strong market position, Macy's continues to adapt to changing consumer preferences, solidifying its status as a key player in the retail landscape.
DitchCarbon Score
How does Macy’s, Inc'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 Real Estate 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
Macy’s, Inc's score of 9 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Macy’s, Inc's reported carbon emissions
In 2022, Macy's, Inc. reported total carbon emissions of approximately 480,069,000 kg CO2e, which includes 40,901,000 kg CO2e from Scope 1, 439,168,000 kg CO2e from Scope 2, and significant contributions from Scope 3 emissions, including 11,616,562,000 kg CO2e from purchased goods and services. Macy's has made strides in reducing its carbon footprint through various initiatives, including the implementation of LED lighting, which has resulted in energy savings. However, specific reduction targets or commitments have not been disclosed, indicating a potential area for improvement in their climate strategy. The company has consistently reported emissions data, with a notable total of 468,783,000 kg CO2e in 2021, reflecting a commitment to transparency in its environmental impact. As the retail industry increasingly focuses on sustainability, Macy's will need to establish clear reduction targets to align with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 96,876,000 | 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 |
| Scope 3 | - | - | - | - | 000,000,000 | 00,000,000,000 |
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.
Macy’s, Inc 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.
