Corporate Responsibility
Leveraging Differences
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Overview
 

TJX and the Environment
The TJX Companies is committed to protecting the environment and complying with all applicable environmental laws and regulations. From recycling corrugated cardboard in our distribution centers to conserving energy throughout the Company, TJX is engaged in numerous environmental conservation efforts. Using measurable targets in several key areas involving conservation of natural resources allows TJX to determine year-over-year improvements. For example, our Energy Management Department is charged with monitoring and implementing conservation/efficiency strategies and practices. In addition, our Transportation and Logistics Department spearheads numerous initiatives to reduce fuel consumption and transportation costs through more efficient processes, including improving trailer loading methods and reducing the number of trucks needed to transport goods.

As TJX is not a manufacturer, our Company’s environmental focus is in the areas of energy conservation and recycling of natural resources. Our environmentally friendly business practices not only save natural resources, but also save us substantial cost and benefit our bottom-line.

Our Commitment
At TJX, our Associate Code of Conduct provides a clear set of standards that Associates at all levels are expected to follow daily, including being in full compliance with the law, conducting all Company business fairly, honestly and ethically and protecting the environment. We established our Corporate Compliance Committee to monitor infractions, ensuring that our Associate Code of Conduct is upheld with integrity.

Additionally, our Vendor Compliance Committee is charged with monitoring our Vendor Compliance Program. Our Vendor Code of Conduct requires our vendors and the factories in which merchandise sold to us is manufactured to comply with all applicable laws and regulations, including, but not limited to all environmental laws and regulations. Also, our Code requires our vendors to provide their workers with a safe and healthy workplace and safe working conditions.

TJX takes stakeholder involvement seriously. Over the years, we have engaged in dialogue with a number of third party stakeholders on a wide range of social responsibility issues. We will continue to be responsive to third party stakeholders when we deem it appropriate as one means of addressing socially important issues pertinent to our business and industry.

The TJX Companies is listed on the FTSE4Good Index; FTSE is an independent company owned by The Financial Times and the London Stock Exchange. The FTSE4Good Index is international and measures the performance of companies that meet globally recognized corporate responsibility standards, including Supply Chain Labor Standards and recently strengthened environment criteria.

Other Examples of Our Practices
Whether in our stores, distribution centers or Home Office, cost effective, environmentally friendly business practices are in action every day. The following are a few examples to illustrate.

TJX has a history of focusing on energy efficiency in lighting our stores. In 1988, TJX was an early adopter of electronic ballast technology, which decreased our use of energy in stores significantly. Our distribution centers also make lighting conservation a priority. At many of our facilities, the Company uses high efficiency T5 fluorescent lighting, which uses nearly 50% less electricity.

In addition to increasing efficiencies in lighting, almost all of TJX’s distribution centers are specially designed to simplify the reuse and recycling of the vast amount of corrugated cardboard we receive from our vendors. Virtually all our vendor corrugated cardboard is recycled or reused at these distribution centers.

The Company also pursues many energy saving strategies at its home offices in Framingham, Massachusetts. These include heating and lighting systems and practices that reduce energy consumption. In addition, since 1987, the Company has utilized demountable steel walls to create and reconfigure office space, avoiding the need to dismantle and install new dry wall every time the Company needs to reconfigure office space. Home Office also has an Associate car pool program.