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The TJX Companies, Inc., commonly known as TJX, is a leading player in the retail trade services sector, excluding motor vehicles and motorcycles. Headquartered in the United States, TJX operates across major regions, including North America and Europe. Founded in 1956, the company has achieved significant milestones, establishing itself as a prominent off-price retailer.
TJX is renowned for its unique business model, offering a diverse range of products, including apparel, home goods, and accessories, at competitive prices. Its core brands, such as T.J. Maxx, Marshalls, and HomeGoods, distinguish themselves through a treasure-hunt shopping experience that attracts millions of customers. With a strong market position, TJX continues to thrive, consistently ranking among the top retailers in the industry, thanks to its commitment to value and quality.
39
DitchCarbon score
+3 vs industry average
Tjx Companies’s score of 39 is higher than 55% 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
Retail Trade Services has below-average carbon intensity
Industry performance
0.181
20182025
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Tjx Companies's reported carbon emissions
TJX Companies, a US-based retail trade services company, reported Scope 1 emissions of approximately 131,022,000 kg CO2e in 2024. Market-based Scope 2 emissions for the same year were around 410,602,000 kg CO2e, while location-based Scope 2 emissions were approximately 584,589,000 kg CO2e. The company also disclosed certain Scope 3 emissions for 2024, including approximately 40,278,000 kg CO2e from business travel and 89,400,000 kg CO2e from waste generated in operations.
Looking back, in 2023, TJX Companies' Scope 1 emissions were about 128,450,000 kg CO2e, with market-based Scope 2 emissions at approximately 441,194,000 kg CO2e and location-based Scope 2 emissions at around 598,025,000 kg CO2e. Key Scope 3 categories reported for 2023 included roughly 19,300,000 kg CO2e from business travel and 94,700,000 kg CO2e from waste generated in operations.
The company has set a long-term goal to achieve net-zero greenhouse gas emissions in its own operations (Scope 1 and Scope 2) by 2040.
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Tjx Companies’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
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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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Tjx Companies8 days ago
39
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