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The TJX Companies

The TJX Companies is an off-price apparel and home fashions retailer in the U.S. and worldwide. As of 2022, the company had nearly 4,700 stores in nine countries and three continents, as well as five distinctive branded e-commerce sites. T.J. Maxx, Marshalls, Sierra, and Homesense are some brands operated by the company. In 2022, TJX had 340,000 employees and reported USD 48,550 billion in revenue.

Summary

The TJX Companies performs below average overall and ranks 44th in the apparel sector with a score of 17.2 out of 100. While the company performs strongly in the marketplace and community measurement area, there are opportunities for improvement in other areas, particularly in governance and strategy, where it performs poorly.

The TJX Companies, like most other companies, performs well having a violence and harassment policy and a grievance channel for its own employees and external stakeholders.

The TJX Companies has an opportunity to publicly commit to gender equality and women’s empowerment, aligning its primary carer leave policy to ILO standards of at least 14 weeks and its secondary carer policy to ILO standards of 2 weeks, to disclose its remediation process for addressing violence and harassment grievances in the workplace as well as requiring its suppliers to have an effective remediation process for addressing violence and harassment grievances of their workers.

Ranking position: #76 /112
Total score: 17.2 /100

Measurement area	Score	Rank (0-112)
Governance and strategy	#1 1.4 /20	#91
Representation	#1 3.3 /17.5	#58
Compensation and benefits	#1 1.1 /17.5	#65
Health and well-being	#1 4.4 /17.5	#58
Violence and harassment	#1 3.3 /17.5	#51
Marketplace and community	#1 3.8 /10	#20
Total score	17.2 /100	#76

Value chain element	Score
Workplace	7.7 /35
Supply chain	4.4 /35

Segment
Apparel	#44

More about the company

Headquarters: Framingham, MA, USA
Number of employees: 340000
Percentage of female employees: 77%
Group revenue: USD 48,550 billion
Ownership structure: Publicly listed
Website: https://www.tjx.com/