Letter From Ernie Herrman

Ernie Herrman
  • Chief Executive Officer and President
To our Associates,
Customers, Neighbors,
Vendors and Shareholders:

At TJX, our stores and e-commerce websites are focused on delivering value to our customers every day. As a Company, we are also deeply committed to bringing value to our many diverse stakeholders. We recognize that the real value we bring to the world extends far beyond the merchandise we sell, and that we must operate responsibly, with our long-held principles of integrity, ethics, fairness and caring for one another serving as cornerstones to guide our efforts.

We take great pride in our global Corporate Responsibility program, TJX VALUE, which serves as a foundation from which we can grow and deliver meaningful benefits to our diverse stakeholders. As our corporate responsibility program has grown and evolved over the past several years, so has the way in which we report on our progress and successes. Our 2016 Corporate Responsibility website and Corporate Responsibility Report eBook celebrate programs and initiatives from the U.S., Canada, Europe and Australia centered around four strategic pillars that we believe are meaningful, both to you and our business.

Our Workplace reflects who we are as a Company, recognizing the value of our Associates and our commitment to our culture, which is honest, integrity-driven, and focused on the development of our Associates around the world.

Supporting Our Communities is at the heart of who we are, and we aim to enrich the lives of our customers and neighbors through charitable giving, volunteering, establishing partnerships and leveraging our vast store network to raise funds for organizations important to our community-giving mission.

Environmental Sustainability is where we share our conscientious approach to reduce our impact on the environment. We remain focused on reducing our carbon footprint by increasing energy efficiency, improving our logistics practices and by managing our waste across our global operations.

Responsible Business practices are part of our DNA and help us deliver extreme value to our customers, build longstanding relationships with our vendors, and deliver long-term value to our shareholders. In terms of social compliance, we hold ourselves to high ethical standards and expect the same of our vendors. As important, we believe in strong corporate governance practices and in listening to and maintaining an open dialogue with our key stakeholders to help inform our business decisions.

As a Company, we strive to do the right thing for our many stakeholders. I am very proud of what we have already accomplished and passionate about continuing to improve in the future. I encourage you to explore our 2016 Corporate Responsibility website and eBook report to learn more about the progress we are making.

Sincere regards,

Ernie Herrman Signature

Ernie Herrman
Chief Executive Officer and President
The TJX Companies, Inc.