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.
How does Tjx Companies'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.
Tjx Companies's score of 51 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, The TJX Companies, headquartered in the US, reported significant carbon emissions across various scopes. The total emissions for Scope 1 amounted to approximately 128,450,000 kg CO2e, while Scope 2 emissions were about 60,000,000 kg CO2e (market-based). Additionally, Scope 3 emissions reached around 700,000,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint, indicating a lack of formal commitments such as Science Based Targets Initiative (SBTi) targets or other climate pledges. This absence of defined reduction strategies may reflect broader industry challenges in addressing climate change effectively. Overall, TJX's emissions data highlights the need for enhanced climate commitments and actionable reduction plans to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 900,000,000 | 000,000,000 | 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 | 1,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tjx Companies is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.