Macys

In 2023, Macy's reported total carbon emissions of approximately 10.4 billion kg CO2e. This figure includes Scope 1 emissions of about 67 million kg CO2e, Scope 2 emissions of approximately 418 million kg CO2e (market-based), and Scope 3 emissions of around 10.3 billion kg CO2e. The company has committed to setting near-term company-wide emission reductions in line with climate science through the Science Based Targets initiative (SBTi), with a target timeframe from 2023 to 2030 for both Scope 1 and Scope 2 emissions.

Macy's has previously set a goal to reduce energy consumption by 10% from a 2018 baseline by 2025, which applies to both Scope 1 and Scope 2 emissions. This commitment reflects the company's ongoing efforts to address its carbon footprint and contribute to climate action. The emissions data is not cascaded from any parent company, indicating that these figures are directly reported by Macy's, Inc.