Penney IP LLC, commonly known as JCPenney, is a prominent retail company headquartered in the United States. Founded in 1902, JCPenney has established itself as a key player in the retail industry, particularly in department store operations, offering a diverse range of products including apparel, home goods, and beauty items. With a significant presence across various regions in the US, the company has achieved notable milestones, including its evolution into a leading omnichannel retailer. JCPenney is recognised for its unique blend of quality and affordability, catering to a wide demographic. The brand's commitment to customer satisfaction and innovative shopping experiences has solidified its market position, making it a trusted name in American retail.
How does Penney IP LLC'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.
Penney IP LLC's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Penney IP LLC, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of figures in the latest emissions report. The company is a current subsidiary of Brookfield Property L.P., which may influence its climate strategies and commitments. Despite the lack of direct emissions data, Penney IP LLC's climate commitments and reduction initiatives are not explicitly outlined. There are no documented reduction targets or climate pledges available, suggesting that the company may still be in the early stages of developing a comprehensive sustainability strategy. As a subsidiary, Penney IP LLC may benefit from the broader climate initiatives and targets set by Brookfield Property L.P., although specific details on these initiatives are not provided. The absence of emissions data and reduction targets highlights a potential area for growth in the company's environmental accountability and commitment to climate action.
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.
Penney IP LLC 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.
