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 81% 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, which includes 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 emissions. This indicates a comprehensive approach to tracking emissions across all scopes, with Scope 3 emissions representing the largest portion of their carbon footprint. Macy's has made notable strides in carbon reduction, achieving a reduction of about 27,000,000 kg CO2e in previous years, although specific targets for future reductions have not been disclosed. The company has engaged in various initiatives aimed at sustainability, although no specific science-based targets or climate pledges have been mentioned. Overall, Macy's commitment to addressing climate change is evident through its emissions reporting and reduction efforts, reflecting a growing awareness of the importance of sustainability in the retail sector.
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.