TJX Companies Inc
TJX Companies's GHG Emissions Data Preview
In 2024, TJX Companies completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
TJX Companies has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind TJX Companies’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore TJX Companies’s data sources below and access millions more through our Disclosure Search.
Insights into TJX Companies's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of TJX Companies amounted to 715,611 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of TJX Companies decreased by 1.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
TJX Companies's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are TJX Companies's Scope 1 emissions?
In 2024, the total Scope 1 emissions of TJX Companies were 131,022 metric tons of CO₂ equivalent (tCO₂e). a
Has TJX Companies reduced its Scope 1 emissions over time?
Since 2018, TJX Companies's Scope 1 emissions have increased by 31.15%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), TJX Companies's Scope 1 emissions increased by 2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are TJX Companies's Scope 2 emissions?
In 2024, TJX Companies reported Scope 2 greenhouse gas (GHG) emissions of 410,602 tCO₂e using the market-based method and 584,589 tCO₂e using the location-based method. a
Has TJX Companies reduced its Scope 2 emissions over time?
Since 2018, TJX Companies's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 14.58%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), TJX Companies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that TJX Companies 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does TJX Companies use for Scope 2 reporting?
In 2024, TJX Companies reported its Scope 2 emissions using the market-based method and using the location-based method. a
TJX Companies's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into TJX Companies's Value Chain Emissions
In 2024, TJX Companies reported 138,083 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of TJX Companies includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
TJX Companies's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are TJX Companies's Scope 3 emissions?
In 2024, TJX Companies reported total Scope 3 emissions of 138,083 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has TJX Companies reduced its Scope 3 emissions over time?
Since 2018, TJX Companies's Scope 3 emissions have increased by 73.67%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), TJX Companies's Scope 3 emissions increased by 13.37%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does TJX Companies disclose?
In 2024, TJX Companies reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of TJX Companies's Scope 3 emissions?
In 2024, the largest contributors to TJX Companies's Scope 3 emissions were: a
- Waste Generated in Operations (Cat. 5): 89,400 tCO₂e (64.74%)
- Business Travel (Cat. 6): 40,278 tCO₂e (29.17%)
- Downstream Transportation and Distribution (Cat. 9): 8,405 tCO₂e (6.09%)
TJX Companies's Scope 3 Emissions by Categories
Insights into TJX Companies’s GHG Emissions Intensity Compared to Industry Peers
In 2024, TJX Companies reported Scope 1 greenhouse gas (GHG) emissions of 131,022 tCO₂e and total revenues of USD 56,361 millions. This translates into an emissions intensity of 2.32 tCO₂e per millions USD. a
TJX Companies's Scope 1 Emissions Intensity Compared to Peers
How does TJX Companies's GHG emissions intensity compare to its peers?
In 2024, TJX Companies reported a Scope 1 emissions intensity of 2.32 tCO₂e per millions USD. Compared to the peer group median of 2.4 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does TJX Companies rank on GHG emissions intensity within its industry?
In 2024, TJX Companies ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
TJX Companies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into TJX Companies's Total Carbon Footprint
In 2024, TJX Companies reported a total carbon footprint of 853,694 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.64% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to TJX Companies's total carbon footprint was Scope 2 emissions, accounting for 68.48% of the company's total carbon footprint, followed by Scope 3 emissions at 16.17%. a