T.J. Maxx, Inc. Sustainability Profile
T.J. Maxx, Inc., a prominent player in the off-price retail sector, is headquartered in the United States. Founded in 1976, the company has established itself as a leader in providing high-quality, brand-name apparel, home goods, and accessories at competitive prices. With a strong presence across North America and Europe, T.J. Maxx operates numerous stores that cater to a diverse customer base seeking value without compromising on style. The retailer is renowned for its unique treasure-hunt shopping experience, where customers can discover a constantly changing selection of products. T.J. Maxx's commitment to offering significant savings on designer labels has solidified its market position, making it a go-to destination for savvy shoppers. Over the years, the company has achieved notable milestones, including expanding its store footprint and enhancing its online presence, further solidifying its reputation in the retail industry.
DitchCarbon Score
How does T.J. Maxx, 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 Apparel Production 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
T.J. Maxx, Inc.'s score of 54 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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T.J. Maxx, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is part of The TJX Companies, Inc., which provides emissions data cascaded down to T.J. Maxx at a level 1 relationship. However, no specific emissions figures or reduction targets have been reported for T.J. Maxx, Inc. As a merged entity, T.J. Maxx inherits its climate commitments and performance metrics from its parent company, The TJX Companies, Inc. This includes any relevant initiatives related to carbon emissions reduction, although specific details on these initiatives are not provided. In the absence of direct emissions data or defined reduction targets, T.J. Maxx's climate commitments remain vague. The company is expected to align with industry standards and practices, but further information is needed to assess its specific climate action strategies and performance.
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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 |
How Carbon Intensive is T.J. Maxx, Inc.'s Industry?
How Carbon Intensive is T.J. Maxx, Inc.'s Location?
T.J. Maxx, Inc.'s Scope 3 Categories Breakdown
T.J. Maxx, Inc.'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.
Top Scope 3 Categories
T.J. Maxx, Inc.'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.
T.J. Maxx, Inc. 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.
