Oversight of our environmental sustainability programs spans many functions across our geographies. Our Executive Environmental Steering Committee (EESC) is responsible for guiding the development of TJX’s environmental sustainability strategy and aligning it with our overall business strategy. The EESC is led by our Vice President, Sustainability, who reports directly to the Senior Vice President, Chief Risk and Compliance Officer, and provides updates on global program progress and initiatives. Our Vice President, Sustainability, also identifies, assesses, and reports risks and opportunities on the environmental sustainability focus areas, including climate-related issues.
The EESC provides guidance, advocacy, support, and oversight for global environmental initiatives, including managing the risks and opportunities associated with climate change, and reviews progress against our program’s priorities and quantitative emissions-reduction goals. The group includes leaders from Environmental Sustainability, Global Communications, Store Operations, Risk and Compliance, Property Development, Global Sourcing and Procurement, Product Development, Finance, Planning and Allocation, and Legal. Periodically, certain members of the EESC may update the Board of Directors on a variety of issues related environmental sustainability.
Additionally, the Global Environmental Sustainability Committee (GESC) was established to set global program priorities, facilitate communication and collaboration across geographies, and monitor key sustainability issues and trends. The GESC includes subject matter experts from the U.S., Canada, and Europe, who monitor and manage TJX’s performance in our core environmental sustainability focus areas:
The GESC reports on its progress and strategy to the EESC.
In each geography, members of the GESC also work with local subject matter experts in areas such as operations, energy, facilities, and procurement, to report progress against specific environmental sustainability initiatives, which are communicated to each geography’s divisional leadership and the EESC as appropriate. Periodically, the GESC convenes regional operational teams to discuss global emerging trends and review strategies and best practices that may be reflected in both short- and long-term plans for the geographies. Recent topics of discussion have included chemical policies, single-use plastics, sustainable products, renewable energy, climate-related risks and opportunities to our business, and supply chain emissions impact.
Together with input from the EESC as well as our global internal stakeholders, the GESC also works to prioritize initiatives that are considered to be meaningful to the Company’s many stakeholders and supports the business with our reporting efforts in the dynamic landscape of sustainability reporting and disclosure frameworks.