Tjx Companies Sustainability Profile
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.
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.
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.
Industry Benchmark
Tjx Companies's score of 56 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tjx Companies's reported carbon emissions
In 2024, The TJX Companies, Inc. reported total carbon emissions of approximately 131,022,000 kg CO2e for Scope 1 and 410,602,000 kg CO2e for Scope 2, with additional Scope 3 emissions of about 40,278,000 kg CO2e from business travel and 89,400,000 kg CO2e from waste generated in operations. This reflects a comprehensive approach to emissions reporting, covering all three scopes. For 2023, the company reported Scope 1 emissions of approximately 15,639,000 kg CO2e and Scope 2 emissions of about 3,095,000 kg CO2e in Canada, while in the US, Scope 1 emissions were around 90,084,000 kg CO2e and Scope 2 emissions totalled approximately 420,835,000 kg CO2e. The global emissions for 2023 included 128,450,000 kg CO2e for Scope 1 and 441,194,000 kg CO2e for Scope 2, alongside Scope 3 emissions of about 19,300,000 kg CO2e from business travel and 94,700,000 kg CO2e from waste. The TJX Companies has set ambitious climate commitments, aiming for net zero greenhouse gas emissions in its own operations (Scope 1 and Scope 2) by 2040. This long-term target, initiated in 2023, underscores the company's commitment to sustainability and reducing its carbon footprint. Overall, TJX's emissions data and climate commitments reflect a proactive stance in addressing climate change, aligning with industry standards and expectations for corporate responsibility.
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| 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 |
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Tjx Companies's Scope 3 Categories Breakdown
Tjx Companies's Scope 3 emissions, which increased by 14% last year and increased by approximately 64% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 19% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 69% of Scope 3 emissions.
Top Scope 3 Categories
Tjx Companies's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tjx Companies has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
