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.
+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's climate commitments focus on achieving net-zero greenhouse gas (GHG) emissions for its own operations (Scope 1 and Scope 2) by 2040. In 2024, TJX Companies reported total Scope 1 and Scope 2 emissions of approximately 541.6 million kg CO2e, with Scope 1 contributing about 131.0 million kg CO2e and Scope 2 (market-based) accounting for approximately 410.6 million kg CO2e. For Scope 3 emissions, business travel was about 40.3 million kg CO2e and waste generated in operations was approximately 89.4 million kg CO2e. The company's total GHG emissions across all scopes for 2024 were approximately 541.6 million kg CO2e. TJX Companies has not provided specific reduction targets for its Scope 3 emissions, but acknowledges the importance of addressing these emissions. The company also notes that certain Scope 3 data points, such as purchased goods and services and upstream transportation and distribution, were not reported in the latest disclosures.
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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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