TJX Companies Inc
TJX Companies's GHG Emissions Data Preview
In 2023, 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into TJX Companies's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of TJX Companies amounted to 726,475 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of TJX Companies increased by 3.9%, suggesting that the company faced challenges in reducing its emissions from its core operations.
TJX Companies's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are TJX Companies's Scope 1 emissions?
In 2023, the total Scope 1 emissions of TJX Companies were 128,450 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has TJX Companies reduced its Scope 1 emissions over time?
Since 2018, TJX Companies's Scope 1 emissions have increased by 28.57%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), TJX Companies's Scope 1 emissions increased by 5.59%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are TJX Companies's Scope 2 emissions?
In 2023, TJX Companies reported Scope 2 greenhouse gas (GHG) emissions of 441,194 tCOâ‚‚e using the market-based method, and 598,025 tCOâ‚‚e using the location-based method.
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 12.62%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), 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.
What methodology does TJX Companies use for Scope 2 reporting?
In 2023, TJX Companies reported its Scope 2 emissions using the market-based method and using the location-based method.
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 2023, TJX Companies reported 61,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
TJX Companies's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are TJX Companies's Scope 3 emissions?
In 2023, TJX Companies reported total Scope 3 emissions of 61,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has TJX Companies reduced its Scope 3 emissions over time?
Since 2018, TJX Companies's Scope 3 emissions have decreased by 22.27%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), TJX Companies's Scope 3 emissions remained relatively stable, indicating that TJX Companies 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does TJX Companies disclose?
In 2023, TJX Companies reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2023, the largest contributors to TJX Companies's Scope 3 emissions were:
- Waste Generated in Operations (Cat. 5): 34,700 tCOâ‚‚e (56.15%)
- Business Travel (Cat. 6): 19,300 tCOâ‚‚e (31.23%)
- Downstream Transportation and Distribution (Cat. 9): 7,800 tCOâ‚‚e (12.62%)
TJX Companies's Scope 3 Emissions by Categories
Insights into TJX Companies's Total Carbon Footprint
In 2023, TJX Companies reported a total carbon footprint of 788,275 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.36% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to TJX Companies's total carbon footprint was Scope 2 emissions, accounting for 75.87% of the company's total carbon footprint, followed by Scope 1 emissions at 16.3%.