Public Profile

Tjx Companies

The TJX Companies, Inc., commonly known as TJX, is a leading off-price retailer headquartered in Framingham, Massachusetts. Established in 1976, the company operates across North America and Europe, with a strong presence in regions such as Canada and the United Kingdom. Specialising in apparel and home goods, TJX is renowned for its unique business model that offers brand-name products at discounted prices, making quality accessible to a broader audience. With well-known subsidiaries like T.J. Maxx, Marshalls, and HomeGoods, TJX has carved out a significant market position, consistently ranking among the largest retailers in the United States. The company's commitment to value and variety has led to notable achievements, including a robust customer base and impressive sales growth, solidifying its status as a leader in the off-price retail sector.

DitchCarbon Score

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.

43

Industry Average

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.

23

Industry Benchmark

Tjx Companies's score of 43 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Tjx Companies's reported carbon emissions

In 2023, TJX Companies reported total carbon emissions of approximately 128,450,000 tonnes CO2e from Scope 1 and Scope 2 sources globally. This includes about 90,084,000 tonnes CO2e from Scope 1 emissions and approximately 420,835,000 tonnes CO2e from Scope 2 emissions. The company also reported Scope 3 emissions, which included about 19,300,000 tonnes CO2e from business travel and 94,700,000 tonnes CO2e from waste generated in operations. Over the years, TJX has made significant strides in reducing its carbon footprint. For instance, in 2022, the company achieved a total of approximately 121,653,000 tonnes CO2e in Scope 1 emissions and 459,657,000 tonnes CO2e in Scope 2 emissions. This reflects a commitment to improving energy efficiency and reducing greenhouse gas emissions across its operations. TJX Companies has been actively engaging in climate initiatives, receiving a score of "A-" in the CDP Climate Change Report for 2023, indicating a strong commitment to transparency and climate action. The company has set various reduction targets, although specific numerical targets were not detailed in the available data. Their ongoing efforts demonstrate a commitment to sustainability and reducing their overall environmental impact.

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Add to project
2017
2018
2019
2020
2021
2022
2023
2024
Scope 1
80,561,000
00,000,000
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
79,181,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tjx Companies's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Tjx Companies is headquartered in US, which has a rank of medium, indicating medium grid carbon intensity.

Reduction initiatives & disclosure networks

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 committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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