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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.
39
DitchCarbon score
+3 vs industry average
Tjx Companies’s score of 39 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
Low
Retail Trade Services has below-average carbon intensity
Industry performance
0.181
20182025
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
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)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Tjx Companies14 days ago
39
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