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The Michaels Companies, Inc.
Recreation and Sports ServicesUnited States
Last verified 1 year agomichaels.com
The Michaels Companies, Inc., commonly known as Michaels, is a leading retailer in the arts and crafts industry, headquartered in the United States. Founded in 1973, the company has established itself as a go-to destination for creative enthusiasts, offering a wide range of products including art supplies, home décor, and seasonal items. With a strong presence across North America, Michaels operates over 1,200 stores, making it a prominent player in the crafting market.
Michaels is renowned for its unique selection of products that cater to both hobbyists and professional crafters, providing everything from DIY materials to custom framing services. The company has achieved significant milestones, including its successful expansion into e-commerce, enhancing accessibility for customers. As a trusted name in the industry, Michaels continues to inspire creativity and innovation, solidifying its market position as a leader in arts and crafts retail.
18
DitchCarbon score
-12 vs industry average
The Michaels Companies, Inc.’s score of 18 is lower than 34% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Recreation and Sports Services has below-average carbon intensity
Industry performance
0.171
20182025
The Recreation and Sports Services industry has reduced its overall emissions by 32% since 2018
Reported emissions
No reported emissions data is available for The Michaels Companies, Inc. yet.
The Michaels Companies, Inc.'s reported carbon emissions
The Michaels Companies, Inc., headquartered in the US, currently does not have publicly available carbon emissions data, including specific figures for Scope 1, 2, or 3 emissions. Additionally, there are no documented reduction targets or climate pledges associated with the company. As such, it appears that Michaels has not yet established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives. Without specific emissions data or reduction initiatives, it is challenging to assess their environmental impact or climate strategy.
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The Michaels Companies, Inc.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for The Michaels Companies, Inc. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
The Michaels Companies, Inc.1 year ago
18
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