TJX Australia
OVERALL |
|
Owned |
USA |
Rating |
![]() |
Clothing retailer
Australian subsidiary of the American retail giant, TJX Companies.
Company Ownership
TJX Australia Pty Ltd | AUS | website | ||||
The TJX Companies Inc ![]() owns 100% of TJX Australia Pty Ltd |
USA | website | ||||
Discount retailer Operates over 4,500 discount stores in nine countries across Europe, North America and Australia. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
TJX Australia Pty Ltd | ||||
D grade in Baptist World Aid Australia's '2021 Ethical Fashion Report', which grades companies, from A to F, on the strength of their systems to mitigate against the risks of forced labour, child labour and worker exploitation in their supply chains, as well as protect the environment from the harmful impacts of the fashion industry. Assessment criteria fall into five main categories: policy & governance, tracing & risk, auditing and supplier relationships, worker empowerment and environmental sustainability.
Source: Baptist World Aid Australia (2021) |
According to data released by the Australian Tax Office in Jan 2022, this company was one of many local and foreign-based companies that paid no tax in Australia in 2019-20. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
Source: ATO (2022) |
|||
The TJX Companies Inc | ||||
In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
Source: CDP (2021)
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 72.3/100, ranking 9th in the Retail sector, and 264th overall.
Source: Newsweek (2021) |
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 7%.
Source: Forest 500 (2021)
In early 2017, China's Communist Party began a new incarceration campaign, rounding up, detaining and forcibly indoctrinating over 1 million Uyghurs and other Muslim minority ethnic groups in the far-western region. A coalition of more than 180 human rights groups is calling on apparel brands and retailers to stop using forced labour in the Uyghur Region and end their complicity in the Chinese government's human rights abuses. This company is amongst those being targeted by coalition members for not doing enough to identify and disengage from business relationships with Uyghur Region-linked forced labour.
Source: End Uyghur Forced Labour (2021)
In 2020/21 KnowTheChain benchmarked over 180 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 19/100.
Source: KnowTheChain (2021)
In 2020/21 KnowTheChain benchmarked over 180 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 19/100.
Source: KnowTheChain (2021)
The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 10-20 band range. The overall average score was a disappointing 24%.
Source: CHRB (2019)
In 2020, twenty CEOs furloughed (temporarily laid off) a majority of their workforces due to COVID-19 while having made more than 1,000 times their median employee's compensation in 2019. Altogether, the total compensation of these twenty CEOs could have supported more than 30,000 jobs at their companies' median employee level of compensation. In 2019 this company's CEO was paid US$19,083,676, while the median employee pay was US$12,006, giving a CEO Pay Ratio of 1,590:1.
Source: AFL-CIO (2020)
In 2020, after more than 6 years of litigation, this company agreed to pay out US$31.5 million to Marshalls and HomeGoods workers who say they were illegally denied overtime pay. The deal, which awaits approval in US District Court for the District of Massachusetts, was reached according to court documents filed by the plaintiffs' legal team on July 20, 2020. The settlement will be distributed among about 1,900 current and former assistant store managers of Marshalls and HomeGoods. The gross recovery amount is $16,750, lawyers for the plaintiffs have determined, with the average worker to receive a payout of $10,207 after attorneys' fees and other costs.
Source: news article (2020)
The 2020 Sustainable Cotton Ranking, published by WWF, Solidaridad and the Pesticide Action Network UK analysed the 77 largest cotton users among international apparel brands and retailers, reviewing their policies, actual uptake of more sustainable cotton and transparency in their supply chains. According to the report, this company is "not yet started" with a score of 0.5%. The average score was 18.2% and the highest score was 79.2%.
Source: Sustainable Cotton Ranking (2020)
The 2021 Fashion Transparency Index reviewed 250 of the world's largest fashion brands and retailers and ranked them according to how much they disclose about their social and environmental policies, practices and impacts. Brands owned by this company scored 13%, signifying it makes some efforts to manage and improve their supply chains but make little supply chain information publicly available. The average score was 23% and the highest score was 78%.
Source: Fashion Revolution (2021)
This company received an S&P Global ESG Score of 27/100 in the Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 13 Nov 2020). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021)
In 2017 this company agreed to pay US$8.5 million to settle claims that it failed to pay nearly 83,000 California employees for time spent undergoing mandatory security searches before leaving for meal breaks and at the end of their work days.
Source: news article (2017) |
This company signed the Uzbek Cotton Pledge with the Responsible Sourcing Network, signifying a public commitment to not knowingly source Uzbek cotton for the manufacturing of any of their products until the Government of Uzbekistan ends the practice of forced labor in its cotton sector. However the Pledge was lifted in March 2022 after the Uzbek Forum for Human Rights, who monitored the annual cotton harvest since 2010, found no state-imposed forced labor in the 2021 harvest.
Source: Cotton Campaign (2022)
This company has corporate responsibility claims on its website under the headings workplace, communities, environmental sustainability and responsible business.
Source: company website (2021)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2022 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 429th of 954 companies, and 17th of 53 Retail companies.
Source: JUST Capital (2022) |
Company Details
Type | Wholly-owned subsidiary |
Contact Details
Address | Level 3, 189 O'Riordan St, Mascot, NSW, 2020, Australia |
Phone | 1300 768 913 |
info@tjxaustralia.com.au | |
Website | www.tkmaxx.com.au |
Products / Brands
TJX Australia
TK Maxx Clothing Stores |