TJX has long been committed to pursuing initiatives that are smart for our business and good for the environment. We operate a large, complex international business and are proud of our growth, which has added thousands of jobs to communities around the world and helped bring our off-price value concept to millions of new consumers. That said, our growth has also often resulted in annual increases in our environmental footprint,1 including our greenhouse gas (GHG) emissions inventory. That’s why we continually work to increase the energy efficiency of our operations by maximizing technologies that lower store and distribution center energy use from lighting, heating, ventilation, and air conditioning systems. We also proactively address the way we handle the waste generated by our business operations and are working to responsibly manage the varying materials within our waste stream with a goal of sending less and less waste to landfills.
One of the key ways we measure our progress is by tracking our results against our GHG reduction goal, which is to reduce our global GHG emissions per dollar of revenue by 30% by fiscal 2020, against a fiscal 2010 baseline.
We are pleased to report that we are on track to exceed our goal. We are also in the process of considering options for setting our next quantitative emissions reduction goal. As part of that process, we are analyzing science-based target options that range from a below two-degree scenario to a carbon neutral scenario.
Our efforts to reduce our carbon footprint are focused around these key initiatives:
On track to exceed our 2020 goal to reduce global GHG emissions per dollar of revenue by 30% against a 2010 baseline
Purchased over 405 million kilowatt hours of low-carbon energy in North America, avoiding more than 150,000 metric tons of CO2e associated with our 2018 electricity use
Implemented energy efficiency initiatives that reduced our global carbon footprint by more than 23,900 metric tons of CO2e
Looking at creating a science-based emissions reduction target and analyzing options that include 2 degree, 1.5 degree, and carbon-neutral scenarios
We are pleased to have received a score of A- in 2018 from CDP, a global disclosure framework that measures how we manage our environmental impacts.
1The calculated impact of our business operations on the environment.