Macys
Macy's, Inc., commonly known as Macy's, is a leading American department store chain headquartered in New York City. Founded in 1858, Macy's has established itself as a prominent player in the retail industry, with a significant presence across the United States, particularly in major urban centres. The company operates a diverse range of business areas, including fashion apparel, home goods, and beauty products, catering to a wide demographic. Macy's is renowned for its unique offerings, such as exclusive brand collaborations and seasonal events like the Macy's Thanksgiving Day Parade. Over the years, the retailer has achieved notable milestones, including the expansion of its e-commerce platform, which has enhanced its market position. With a commitment to quality and customer service, Macy's continues to be a staple in American retail, attracting millions of shoppers each year.
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 19 is higher than 55% 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 12.56 million tonnes CO2e, with emissions distributed across various scopes: 40.9 million tonnes CO2e from Scope 1, 425.6 million tonnes CO2e from Scope 2, and a significant 12.56 million tonnes CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from purchased goods and services, which accounted for about 11.62 million tonnes CO2e. Macy's has committed to reducing its carbon footprint, with near-term reduction targets established as of November 2022. While the company has not set a net-zero target, it has made strides in its sustainability initiatives, including energy-saving measures such as the implementation of LED lighting, which has contributed to a reduction of approximately 13.4 million tonnes CO2e in previous years. The company continues to focus on enhancing its sustainability practices within the retail sector, aiming to lower its overall emissions and improve energy efficiency across its operations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2022 | |
|---|---|---|
| Scope 1 | 36,870,000 | 00,000,000 |
| Scope 2 | 367,601,000 | 000,000,000 |
| Scope 3 | 16,390,000 | 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 committed to some 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.
