Macys Sustainability Profile
Macy's, Inc., a prominent American retail giant, is headquartered in Cincinnati, Ohio, and operates extensively across the United States. Founded in 1858, Macy's has established itself as a leader in the department store industry, offering a diverse range of products including clothing, accessories, home goods, and beauty items. Known for its iconic flagship store in New York City, Macy's has achieved significant milestones, such as pioneering the Thanksgiving Day Parade and embracing e-commerce innovations. With a commitment to quality and customer service, Macy's distinguishes itself through exclusive brand partnerships and a unique shopping experience. As a key player in the retail sector, Macy's continues to adapt to market trends, solidifying its position as a trusted destination for consumers seeking style and value.
DitchCarbon Score
How does Macys'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
Macys's score of 54 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Macys's reported carbon emissions
In 2023, Macy's reported total carbon emissions of approximately 10,364,919,000 kg CO2e, with emissions distributed across various scopes: 67,002,000 kg CO2e (Scope 1), 417,784,000 kg CO2e (Scope 2, market-based), and 10,364,919,000 kg CO2e (Scope 3). The company has committed to setting near-term emission reduction targets in line with climate science through the Science Based Targets initiative (SBTi), aiming for reductions in both Scope 1 and Scope 2 emissions by 2030. In 2022, Macy's emissions were approximately 12,559,258,000 kg CO2e, with Scope 1 emissions at 40,901,000 kg CO2e and Scope 2 emissions at 439,168,000 kg CO2e (location-based). The company has set a target to reduce energy consumption by 10% from a 2018 baseline by 2025, which applies to both Scope 1 and Scope 2 emissions. Macy's has demonstrated a commitment to sustainability through these initiatives, focusing on significant reductions in energy consumption and emissions across its operations. The data reported is not cascaded from any parent organization, indicating that these figures are specific to Macy's, Inc.
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| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 96,876,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 710,548,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Macys's Industry?
How Carbon Intensive is Macys's Location?
Macys's Scope 3 Categories Breakdown
Macys's Scope 3 emissions, which decreased by 17% last year and decreased by approximately 17% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
Top Scope 3 Categories
Macys'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.
Macys 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.
