Michaels Stores, Inc.
Michaels Stores, Inc., commonly referred to as Michaels, is a leading retailer in the arts and crafts industry, headquartered in the United States. Founded in 1976, the company has established itself as a go-to destination for creative enthusiasts, operating over 1,200 locations across North America. Michaels offers a diverse range of products, including art supplies, home décor, and seasonal items, catering to both hobbyists and professional crafters. What sets Michaels apart is its commitment to providing high-quality materials and an extensive selection that inspires creativity. With a strong market position, Michaels has achieved notable milestones, including the introduction of exclusive product lines and partnerships with renowned brands. The company continues to thrive as a cornerstone of the crafting community, fostering creativity and innovation in every project.
DitchCarbon Score
How does Michaels Stores, 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 Recreation and Sports 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
Michaels Stores, Inc.'s score of 18 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Michaels Stores, Inc.'s reported carbon emissions
Michaels Stores, Inc., headquartered in the US, currently does not have publicly available carbon emissions data for recent years, as indicated by the absence of specific figures. Consequently, there are no reported emissions in terms of Scope 1, 2, or 3. Additionally, the company has not outlined any formal reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of concrete emissions data, it is essential to note that Michaels Stores, like many retailers, is likely to be exploring sustainability initiatives and strategies to address climate change. However, without specific commitments or targets disclosed, it is challenging to assess their current stance on carbon emissions and climate action.
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.
Michaels Stores, 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.
