Climate Change Data

Ross Stores, Inc.

Climate Impact & Sustainability Data (2019, 2022, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:265,686 MT CO2e
Scope 1 Emissions:23,175 MT CO2e
Scope 2 Emissions:242,511 MT CO2e
Scope 3 Emissions:59,662 MT CO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:782,662 MWh
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:4.3 MT CO2e per 1,000 square feet in 2019

ESG Focus Areas

  • GHG emissions
  • Waste

Environmental Achievements

  • 14% reduction in Scope 1 and 2 GHG emissions per square foot versus 2017
  • Nearly 100% of stores have LED lighting
  • 1.8 million over-the-road miles reduced annually through distribution route optimization
  • 63% of waste diverted from landfill
  • 100 thousand tons of cardboard recycled

Social Achievements

  • Not disclosed

Governance Achievements

  • Established the Environmental Sustainability Steering Committee (ESSC) made up of senior leaders across the Company

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce Scope 1 and 2 GHG emissions per square foot by 30% by 2025 (against a 2017 baseline)

Environmental Challenges

  • Climate change impacts (extreme weather events, wildfires)
  • Supply chain disruptions
Mitigation Strategies
  • Increasing efficiency, building resiliency, lowering impact
  • Maintaining a large supply chain with a network of over 7,500 suppliers

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Compliance with applicable environmental laws and product safety requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events, wildfires
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: LEED Gold certification (Headquarters)

Third-party Assurance: Third-party verification of 2019 GHG emissions

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:375,972 tCO2e/year
Scope 1 Emissions:29,832 tCO2e/year
Scope 2 Emissions:245,536 tCO2e/year
Scope 3 Emissions:94,441 tCO2e/year
Total Energy Consumption:860,794 MWh/year
Carbon Intensity:14.7 tCO2e per $1 million revenue in 2022

ESG Focus Areas

  • Empowering Our Associates
  • Supporting Our Communities
  • Operating Sustainably
  • Conducting Business Ethically

Environmental Achievements

  • 23% reduction in Scope 1 and 2 GHG emissions per square foot versus 2017
  • 67% of waste diverted from landfill

Social Achievements

  • Recognized by Newsweek magazine as one of “America’s Greatest Workplaces for Diversity” and one of “America’s Greatest Workplaces for Women.”
  • Received a 90 out of 100 rating on the Human Rights Campaign Foundation’s Corporate Equality Index.
  • 76% of managerial openings in Stores and Field Offices were filled through internal promotions
  • Contributed to more than 1,700 nonprofit organizations
  • Together with our Customers, donated more than $4.2M to Boys & Girls Clubs and First Book

Governance Achievements

  • Established a cross-functional Environmental Sustainability Steering Committee (ESSC)
  • Maintained a product recall program
  • Conducted over 1,000 supplier inspections and audits under the social compliance program

Climate Goals & Targets

Long-term Goals:
  • Reach net-zero GHG emissions by 2050 or sooner
Medium-term Goals:
  • Reduce our absolute Scope 1 and 2 emissions by 42% by 2030 against a 2021 baseline
Short-term Goals:
  • Reduce Scope 1 & 2 greenhouse gas (GHG) emissions by 30 percent per square foot by 2025 versus a 2017 baseline

Environmental Challenges

  • Supply chain disruptions
  • Increased prevalence of wildfires in California and other extreme weather events across the US
  • Managing Scope 3 emissions from the supply chain
Mitigation Strategies
  • Maintaining a large supply chain with a broad network of suppliers for flexibility
  • Investing in energy efficiency measures (LED lighting, high-efficiency HVAC)
  • Participating in demand response programs to support local electrical grids
  • Working with transportation providers to improve shipping efficiency
  • Exploring carbon reduction pathways for Scope 3 emissions

Supply Chain Management

Supplier Audits: Over 1,000 supplier inspections and audits conducted in 2022

Responsible Procurement
  • Vendor Code of Conduct requiring compliance with all applicable laws, including those related to labor compensation, working conditions, child labor, environmental protection, product safety, and corruption.

Climate-Related Risks & Opportunities

Physical Risks
  • Wildfires
  • Hurricanes
  • Floods
Transition Risks
  • Regulatory changes
  • Supply chain disruptions

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Awards & Recognition

  • Newsweek’s “America’s Greatest Workplaces for Diversity”,
  • Newsweek’s “America’s Greatest Workplaces for Women”

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:369,564 tCO2e/year
Scope 1 Emissions:28,694 tCO2e/year
Scope 2 Emissions:238,264 tCO2e/year
Scope 3 Emissions:102,606 tCO2e/year
Total Energy Consumption:859,156 MWh/year
Carbon Intensity:13.1 MT CO2e per $1 million revenue (2023)

ESG Focus Areas

  • Empowering Our Associates
  • Supporting Our Communities
  • Operating Sustainably
  • Conducting Business Ethically

Environmental Achievements

  • 28% reduction in Scope 1 and 2 GHG emissions per total square foot versus 2017
  • 67% of waste diverted from landfill

Social Achievements

  • Received a 100 rating on the Human Rights Campaign Foundation’s Corporate Equality Index
  • 72% of managerial openings in Stores and Field Offices were filled through internal promotions
  • Contributed to over 1,750 nonprofit organizations
  • Raised more than $4 million for the Boys & Girls Clubs of America
  • Raised more than $930,000 for First Book

Governance Achievements

  • Participated in the Carbon Disclosure Project Climate Change Questionnaire, receiving a B score
  • Established the cross-functional Environmental Sustainability Steering Committee (ESSC)

Climate Goals & Targets

Long-term Goals:
  • Reach net-zero GHG emissions by 2050 or sooner
Medium-term Goals:
  • Reduce absolute Scope 1 and 2 emissions by 42 percent by 2030 against a 2021 baseline
Short-term Goals:
  • Reduce Scope 1 and 2 GHG emissions by 30 percent per total square foot by 2025 versus a 2017 baseline

Environmental Challenges

  • Increased frequency and severity of wildfires in California and other extreme weather events impacting Stores and operations
  • Measurement of Scope 3 emissions is challenging due to the off-price business model and variable purchasing strategy
  • Managing waste from packaging due to lack of control over packaging types from suppliers
Mitigation Strategies
  • Investing in energy efficiency measures (LED lighting, high-efficiency HVAC)
  • Participating in demand response programs to support local electrical grids
  • Exploring strategies and partnerships for on-site and off-site renewable energy
  • Developing and executing programs to reuse and recycle packaging
  • Implementing technology to optimize trash compactor servicing

Supply Chain Management

Supplier Audits: Over 1,700 supplier inspections and audits conducted in 2023

Responsible Procurement
  • Vendor Code of Conduct requiring compliance with all applicable laws (labor compensation, working conditions, environmental protection, product safety, etc.)
  • Social compliance program with inspections and audits by buying agents and third-party auditors

Climate-Related Risks & Opportunities

Physical Risks
  • Wildfires
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Supply chain disruptions
Opportunities
  • Energy efficiency improvements
  • Renewable energy adoption

Reporting Standards

Frameworks Used: GRI, SASB, TCFD