We strongly value our vendor relationships as we believe they have been a key factor in our long-term success. On a worldwide basis, in fiscal 2022, TJX had more than 1,200 Associates in its buying organization who source merchandise
in a variety of ways from a universe of approximately 21,000 vendors and more than 100 countries around the world. Sometimes when what we are seeing in the marketplace is not the right value for our customers, meaning the right
combination of brand, fashion, price, and quality, we may help design or develop merchandise to be manufactured just for us. We focus our auditing efforts on the factories that manufacture this merchandise because we believe this
is where we are most likely to be able to have a meaningful impact.
Our philosophy towards social compliance mirrors our culture, and just as we are committed to honesty, integrity, and treating others with dignity and respect, we expect those that we do business with to do the same. We have reviewed
and incorporated many of the international human rights standards enunciated by international bodies, such as the United Nations and the International Labour Organization. Our commitment to these principles is reflected in our
Vendor Code of Conduct, which serves as the foundation for our program and our responsible sourcing initiatives.