The TJX Companies, Inc., commonly referred to as TJX, is a leading off-price retailer headquartered in the United States. Established in 1956, the company operates primarily in North America and Europe, with a strong presence in regions such as Canada and the UK. Specialising in apparel and home goods, TJX is renowned for its unique business model that offers brand-name merchandise at discounted prices, making it a favourite among value-conscious consumers.
With well-known retail chains like T.J. Maxx, Marshalls, and HomeGoods under its umbrella, TJX has achieved significant market position as one of the largest off-price retailers globally. The company has consistently demonstrated resilience and growth, marked by key milestones such as its expansion into international markets and a robust e-commerce platform. TJX's commitment to quality and value sets it apart in the competitive retail landscape.
+3 vs industry average
Tjx Companies’s score of 38 is higher than 54% 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
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tjx Companies's reported carbon emissions
TJX Companies, headquartered in the US, reported total greenhouse gas emissions of approximately 542.3 billion kg CO2e in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For 2023, TJX Companies's total emissions were approximately 570.7 billion kg CO2e. Scope 1 emissions for 2023 totalled about 128.5 million kg CO2e, while Scope 2 emissions (market-based) were approximately 441.2 million kg CO2e. Scope 3 emissions in 2023 included business travel at about 19.3 million kg CO2e and waste generated in operations at approximately 94.7 million kg CO2e. The company has set a long-term goal to achieve net zero greenhouse gas (GHG) emissions in its own operations (Scope 1 and Scope 2) by 2040. This commitment was established in 2023 and aims for a net zero status by the end of 2040.
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Tjx Companies’s Climate Goals (2030 & 2050)
2 goals2040
We have a goal to achieve net zero GHG emissions in our own…
We have a goal to achieve net zero GHG emissions in our own operations (Scope 1 and Scope 2) by 2040.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Tjx Companies
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