Marmaxx Operating Corp. Sustainability Profile
Marmaxx Operating Corp., a prominent player in the retail industry, is headquartered in the United States and operates primarily in the discount retail sector. Founded in the early 1980s, the company has established itself as a leader in providing high-quality apparel and home goods at competitive prices. With a focus on value and customer satisfaction, Marmaxx offers a diverse range of products, including clothing, footwear, and home furnishings, all sourced from renowned brands. The company's unique off-price model allows it to deliver exceptional savings to consumers, setting it apart from traditional retailers. Recognised for its strong market position, Marmaxx has achieved significant milestones, including rapid expansion across major operational regions in the US. Its commitment to quality and affordability continues to drive its success in the competitive retail landscape.
DitchCarbon Score
How does Marmaxx Operating Corp.'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
Marmaxx Operating Corp.'s score of 54 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marmaxx Operating Corp., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of The TJX Companies, Inc., which may influence its climate commitments and emissions reporting. As of now, Marmaxx has not established any documented reduction targets or specific climate pledges. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given its affiliation with The TJX Companies, Inc., emissions data and climate initiatives may be cascaded from this parent organisation. However, specific figures or targets from The TJX Companies, Inc. have not been detailed in the provided information. In summary, while Marmaxx Operating Corp. is part of a larger corporate family that may have climate commitments, it currently lacks specific emissions data and reduction targets.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 80,561,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 721,497,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 79,181,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Marmaxx Operating Corp.'s Scope 3 Categories Breakdown
Marmaxx Operating Corp.'s Scope 3 emissions, which increased by 14% last year and increased by approximately 64% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 19% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 69% of Scope 3 emissions.
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Marmaxx Operating Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Marmaxx Operating Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
