TJX has long been committed to pursuing initiatives that are smart for our business and good for the environment. We operate a growing, international business and in 2015, were pleased to increase our global store count by over 215 stores. We understand that our growth may result in annual increases in our environmental footprint, including our absolute greenhouse gas (GHG) emissions. We will continue to focus on meaningful initiatives that help reduce our environmental impacts and actively demonstrate our ongoing commitment to environmental sustainability.
Balancing efficiency with the needs of our business is critical as we work together on the following initiatives:
- Energy Efficiency: reducing the use of electricity and natural gas
- Business Operations: reducing our logistics’ fuel consumption where possible and evaluating best practices for new construction, building operations and maintenance
- Waste Management: reducing the amount of waste we generate, reusing items when we can, and recycling items that we can't reuse
- Disclosure: improving our disclosure of environmental data through our CDP response and mapping of our corporate responsibility website to the Global Reporting Initiative index
We also remain focused on ways to further engage our Associates on environmental issues, as we believe that environmental sustainability initiatives are increasingly important to both current and prospective Associates and that the more we collaborate across the organization, the better our program will be. As we continue to evolve our program, we are focused on integrating best practices across our global organization and improving our measurement and reporting activities.1
TJX received an A- for its response to the CDP 2016 Climate Change Information Request.2 In 2016, for the 15th consecutive year, we were included on the FTSE4Good Index. Additionally, in 2015, we earned recertification by the Carbon Trust Standard3 for our greenhouse gas (GHG) emissions footprint management and reduction efforts throughout our European operations.
Establishing a Second GHG Emissions Reduction Goal
In 2014, we established our second GHG reduction target. Our goal is to reduce our global GHG emissions per dollar of revenue by 30% by 2020, against a 2010 baseline. We are pleased to report that we are on track with our 2020 goal.
Reducing our Energy Use
We implemented energy efficiency initiatives in our stores, distribution centers and corporate offices that reduced our GHG emissions footprint by more than 10,700 metric tons of CO2e in 2015.
2 The CDP is a nonprofit organization, supported by institutional investors, which solicits information from the largest global, publicly held companies on their climate change governance, risk management, carbon emissions and communications.
3 The Carbon Trust Standard is a voluntary certification that provides independent verification and recognition that an organization is measuring, managing and reducing its carbon footprint.