Delivering Real Value Every Day.

GLOBAL

CORPORATE

RESPONSIBILITY

REPORT

AT-A-GLANCE

2023

/ CONTENTS

02 Our Approach to Corporate Responsibility

05 FY23 Highlights

07 Workplace

13 Communities

21 Environmental Sustainability

29 Responsible Business

36 Reporting & Disclosures

To learn more, visit

tjx.com/corporate-responsibility/introduction/overview.

Please note that references to items accomplished or completed in this booklet denote TJX's Fiscal 2023, which ended January 28, 2023, unless otherwise noted.

Our Approach to Corporate Responsibility

Corporate responsibility has been part of the fabric of who we are from day one. We take a global approach to corporate responsibility, with regional programs and initiatives that support our global work. We focus our efforts where we believe we can have a meaningful impact and report our efforts under four key pillars:

  • Workplace
  • Communities
  • Environmental Sustainability
  • Responsible Business

2.

Management &

Oversight

As part of its oversight role, our Board of Directors reviews environmental, social, and governance (ESG) matters, and, directly through its Committees, considers information relating to our corporate responsibility programs.

In Fiscal 2023, a Senior Executive Vice President, Group President (SEVP), added strategic oversight of our Global Corporate Responsibility program to their business function. This SEVP, along with global, cross-functional leaders, oversees the development of corporate responsibility strategies across a range of ESG matters that align with our business priorities.

Stakeholder Engagement

We strongly believe that for our policies and practices to be effective, they must evolve and be informed by the perspectives of our many global stakeholders, including our Associates, customers, shareholders, and others. We view engaging with stakeholders, in addition to industry associations, as an opportunity to gain insights and learn.

Learn more about our approach to corporate responsibility on TJX.com.

3.

We firmly believe that our continued commitment to developing and implementing meaningful environmental, social, and governance practices is important as we move forward. Our approach to corporate responsibility is intended to build on our prior efforts and sets us up to evolve over time with practices that we believe can be impactful and inclusive, reflecting today's growing responsibilities and varied expectations.

Ernie Herrman

Chief Executive Officer and President

The TJX Companies, Inc.

4.

FY23 Highlights

Workplace

68%

58%of managerial1

of people in

positions in stores and

field offices were filled by

managerial1

positions globally

internal promotions

Shortened

were women

waiting periods

for some of our

36%

physical well-

80%of promotions

being programs

of people in

for eligible

managerial

Associates at our

globally were earned

positions in the U.S. were

U.S. office and

by women

people of color1,2,3

store locations

Environmental Sustainability

29% reduction in

74%of global operational

global GHG emissions

waste diverted from landfill

from our direct

operations since FY17

B score received on the

27%

of our electricity in

our global direct

CDP 2022 Climate Change

operations came from renewable

Questionnaire

energy sources

5.

Communities

30,000

3 million

Disaster relief efforts for

flooding in areas such

domestic

young people

as Pakistan, Australia,

and Canada

violence services

provided access

provided

to educational

opportunities

$27

30 million

million

meals provided

donated for healthcare

research and patient care

Responsible Business

Joined the Sustainable

78% of Board Members

Packaging Coalition

are women and/or self-

identify as a member of an

underrepresented group6

(as of June 2023)

78% of Board

Members are

2,900+

independent

(as of June 2023)

factory audits were reviewed

6.

WORKPLACE

7.

Prioritizing

Inclusion

OUR APPROACH

We aim to support our Associates by making TJX a terrific place to work.

We remain committed to being an equal opportunity employer, and we strive for an inclusive workplace where our Associates feel welcome when they walk through our doors; valued for their diversity of thought, background, and experience; and engaged with our mission to deliver great value to our customers every day.

FOCUS AREAS

  • Recruitment
  • Development
  • Inclusion & Diversity
  • Health & Well-Being

To learn more about our global Workplace initiatives, visit tjx.com/corporate-responsibility/introduction/overview.

8.

Embracing Differences: Inclusion and Diversity

Fiscal 2023 Gender and Racial Diversity Statistics

Global

We know that a diverse workforce can help us to think creatively, remain agile, and, importantly, be true to our values, and we are strongly committed to continuing to build a more inclusive and diverse workplace.

We focus this work under three priority areas and aim to:

  • Increase the representation of diverse Associates along our talent pipeline.
  • Take steps to equip leaders with the tools to support difference with awareness, fairness, sensitivity, and transparency.
  • Empower Associates to integrate inclusive behaviors, language, and practices in how we work together and understand our role and responsibility in inclusion.

We have supported these priorities in a variety of ways, including expanding nonprofit partnerships, enhancing our Global Leadership Curriculum, and launching Inclusion & Diversity (I&D) Advisory Boards whose members include Associates from our stores, distribution and processing centers, and offices.

78%49%68%

of our global

of Vice President and above

of people in managerial

workforce is female

positions globally are female

positions globally are female 1

80%79%

of promotions globally were

of people in non-managerial

earned by women

positions globally are female

We continue to work toward our global I&D priorities, adding Associate-led I&D advisory boards in the U.S., Canada, Europe, and Australia and new Associate Resource Groups in the U.S., Canada, and Europe over the past two years.

9.

In the U.S.

58%14%36%

of our workforce in the U.S. are

of Vice President and above in the

of people in managerial positions

people of color 2,3

U.S. are people of color 2,3

in the U.S. are people of color 1,2,3

50%60%

of promotions in the

of people in non-managerial

U.S. were earned by people of color 2,3

positions in the U.S. are people of color 2,3

10.

The Talent Pipeline: Recruitment, Development, and Retention

Promoting a Happier and Healthier Workforce: Health & Well-Being

We look for diverse, enthusiastic, and dedicated people to join our team, and we remain committed to building our internal talent pipeline to develop our Associates into our global leaders of tomorrow. Our career development initiatives are designed to foster open communication and relationship building, which are both key parts of our culture.

In recent years, we have expanded our recruitment strategies to enhance our ability to attract an inclusive, diverse talent pool at all levels.

We enhanced leadership training for newly hired and recently promoted leaders and added new inclusion and diversity education.

33,000+

attendance in Global Leadership Curriculum courses since 2017.

We encourage Associates to bring their whole selves to work and support them in a variety of ways.

Our global wellness initiatives are part of our commitment to meeting the diverse needs of our Associates across the globe and focus on three key areas:

  • Physical
  • Financial
  • Emotional

In FY23, we shortened enrollment waiting periods for some of our physical well-being programs to provide earlier access for eligible Associates at our U.S. offices and store locations.

11.

12.

COMMUNITIES

13.

Giving Back

OUR APPROACH

For over four decades, we have been committed to providing value and caring for others. It extends beyond the walls of our stores, distribution centers, and offices and into our local communities around the world. Our approach to this work centers around our global community mission:

Deliver great value to our communities by helping vulnerable families and children access the resources and opportunities they need to build a better future.

As a global business with stores on three continents and in thousands of communities around the world, it's important to us to support the communities where our Associates live and work.

We organize support around four social impact areas through Foundation Giving, Cause Marketing and

In-Store Fundraising, and Associate Volunteerism and Giving.

SOCIAL IMPACT AREAS

  • Basic Needs
  • Education & Training
  • Healthcare Research
  • Empowering Women

To learn more about our Communities initiatives and partnerships, visit tjx.com/corporate-responsibility/introduction/overview.

14.

OUR GLOBAL

SUPPORT INCLUDES:

Big Brothers Big Sisters

Dana-Farber Cancer Institute

Alice House (Canada)

Bottom Line

Feeding America

Comic Relief (U.K.)

Cradles to Crayons

St. Jude Children's Research

Dress for Success (Canada)

• Greater Boston Food Bank

Hospital

Enable Ireland (Ireland)

Joslin Diabetes Center

Feeding America (U.S.)

Jumpstart

Indspire (Canada)

National Domestic Violence

Feeding America

Petites-Mains (Canada)

Hotline (U.S.)

• St. Jude Children's Research

• KABOOM!

The Posse Foundation

Hospital (U.S.)

National Park Foundation

• Read to a Child

• The Prince's Trust (U.K.)

• YMCA of Greater Boston

• Women in Need Society

Alice House

(Canada)

Woodgreen's Homeward

Dress for Success

Bound (Canada)

Indspire

Save the Children

Petites-Mains

Feeding America

• Women in Need Society

Woodgreen's Homeward Bound

Alice House (Canada)

Alzheimer's Association (U.S.)

Academy for the Future

Feeding America (U.S.)

(Poland)

Dress for Success (Canada)

Cancer Research U.K. (U.K.)

Indspire (Canada)

Children for a Better World

JDRF (U.S.)

(Germany)

Petites-Mains (Canada)

Comic Relief (U.K.)

St. Jude Children's Research

Enable Ireland (Ireland)

Hospital (U.S.)

The Prince's Trust (U.K.)

Women in Need Society (Canada)

Stowarzyszenie WIOSNA

Woodgreen's Homeward

(Poland)

Donations in Europe are made through the

Bound (Canada)

The Smith Family (Australia)

TK Maxx and Homesense Foundation.

15.

16.

Bringing Value

to Our Communities

Basic Needs:

Education and Training:

We are passionate about supporting

We focus on programs that provide skills,

organizations that help fill critical basic

resources, and opportunities to support

needs for vulnerable families.

school and career success.

17.

TJX's corporate philanthropic funds provided 30 million meals and 300,000 shelter nights in FY23.

Healthcare Research:

We support organizations that deliver services to families and children when they are facing health challenges and life-threatening illnesses, in addition to those aimed at spurring advancements in care and cures.

We helped raise $27 million for healthcare research and patient care in FY23, thanks in part to the generous donations of our customers and Associates.

In FY23, our work with a variety of organizations and direct funding for education and workforce training opportunities impacted more than 3 million young people.

Empowering Women:

We partner with organizations committed to helping empower women and enrich their lives through programs that provide services ranging from help for those fleeing domestic violence to others

that offer education, training, and job placement resources.

We provided funding for 30,000 domestic violence services in FY23.

18.

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Disclaimer

The TJX Companies Inc. published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 11:49:20 UTC.