V.A.L.U.E. Facts

Green Teams

As a multi-divisional, multinational company, TJX’s various business units pursue environmental initiatives based on different strategies and goals, and track and report on these initiatives using different methodologies. We are working towards having these various business units, which have designated “Green Teams” in the U.S. and Canada, and a Corporate Social Responsibility group in Europe, communicate regularly to share best practices, knowledge and ongoing initiatives. We aim to form a Global Green Team tasked with developing a long-term global environmental sustainability strategy.

TJX USA
In the U.S., we have had an Energy Management group in place for approximately 20 years. We have recently established the U.S. Green Team which is made up of senior leaders from a wide spectrum of disciplines. Its first major project was to respond to the 2010 Carbon Disclosure Project (CDP) survey. As part of our CDP response, TJX has developed a corporate greenhouse gas emissions inventory and a more comprehensive understanding of how climate change might affect our business. With the completion of the 2011 CDP survey, the Company will move toward developing and communicating its own emission reduction strategies.

TJX Canada
At TJX Canada, we have an environmental sustainability strategy that focuses on factors that optimize efficiency in our operations, including reducing energy consumption (with a resultant reduction in carbon emissions) and waste generation. Our Canadian strategy also includes the goal of engaging Associates, vendors and service providers in our plan to reduce our environmental footprint. TJX Canada’s Environmental Commitment Statement is to be an environmentally-responsible corporate citizen and neighbor by making every effort to conserve natural resources, minimize waste and honor the principles of reduce, reuse, recycle.

TJX Europe
At TJX Europe, our environmental strategies are solidly in place and integrated fully into our business strategies and communications with Associates and customers. In fact, TJX Europe’s U.K. operations were awarded the Carbon Trust Standard certification in 2010 for our efforts in carbon footprint reduction. Furthermore, between 2006 and 2010, TJX Europe achieved a 20% relative reduction of its carbon footprint, which is twice the reduction anticipated when the goals were initially established. TJX Europe also has published an Environmental Policy Statement to Associates, which details the wide breadth of our efforts in Europe, from continuously seeking to reduce the environmental impact of the goods and packaging we sell, to managing energy and water consumption throughout our stores and distribution centers.

A Global View and Recognition
With the U.S. Green team firmly established, we aim for both Green Teams and our Corporate Social Responsibility group in Europe to engage in an active and ongoing dialogue and to work together toward common goals. We will continue to work toward establishing enterprise level strategies and to report our progress.

TJX’s environmental initiatives to reduce carbon emissions, minimize waste and conserve natural resources, including water, are long-standing business practices, which have been recognized externally.

Our first time participation in the Carbon Disclosure Project (CDP) in 2010 earned TJX a prominent position in the Carbon Disclosure Leadership Index (CDLI). The CDLI is reserved for companies whose scores rank in the top 10 percent of companies participating in the CDP for the quality, integrity and comprehensiveness of the participant’s disclosure regarding this important initiative. TJX’s ranking placed the Company second among all S&P 500 companies and sixth among all Global 500 companies. We are proud of this achievement and look forward to continuing our efforts to reduce carbon emissions, which benefit both our business and the environment.

In the U.K., in addition to the Carbon Trust Standard certification mentioned above, TJX is listed on the FTSE4Good Index; FTSE is an independent company owned by the Financial Times and the London Stock Exchange. This international index measures the performance of companies that meet globally-recognized corporate responsibility standards, including supply chain labor standards and environment criteria. In addition, TJX Europe’s U.K. operations were awarded the Carbon Trust Standard certification, recognizing the Company’s carbon footprint reduction efforts.