Macys
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.
DitchCarbon Score
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.
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
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.
Macys's reported carbon emissions
In 2022, Macy's reported total carbon emissions of approximately 12,559,258,000 kg CO2e, with emissions distributed across various scopes: 40,901,000 kg CO2e from Scope 1, 439,168,000 kg CO2e from Scope 2, and a significant 12,559,258,000 kg CO2e from Scope 3. This indicates a substantial reliance on upstream activities, particularly in purchased goods and services, which accounted for 11,616,562,000 kg CO2e. Macy's has made commitments to reduce its carbon footprint, although specific reduction targets have not been disclosed. The company has engaged in various carbon reduction initiatives, achieving reductions of approximately 3,538,000 kg CO2e in 2021 and 3,968,000 kg CO2e in 2020. However, there are no specified targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. Overall, Macy's is actively working towards improving its sustainability practices, focusing on reducing emissions across its operations, particularly in Scope 3, which represents the majority of its carbon footprint.
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| 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 |
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.
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.
