Macys
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 37 is higher than 86% 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 2022, Macy's reported total carbon emissions of approximately 12,559,258,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 12,559,258,000 kg CO2e. Scope 1 emissions were approximately 40,901,000 kg CO2e, while Scope 2 emissions totalled around 439,168,000 kg CO2e. The combined Scope 1 and 2 emissions reached about 480,069,000 kg CO2e. Macy's has made notable climate commitments, including a pledge in November 2022 to set near-term company-wide emission reductions in line with climate science through the Science Based Targets initiative (SBTi). This commitment targets reductions for both Scope 1 and Scope 2 emissions, with a timeframe extending from 2023 to 2030. Additionally, the company aims to reduce energy consumption by 10% from a 2018 baseline by 2025 for both Scope 1 and Scope 2 emissions. Overall, Macy's is actively working towards reducing its carbon footprint and aligning its operations with industry standards for sustainability and climate action.
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| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 96,876,000 | 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 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 |
Industry emissions intensity
Location emissions 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.
Macys is not participating in any of the initiatives that 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.
