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Ross Stores: Greenhouse Gas Emissions in 2021

  • Ross Stores’ total GHG emissions were 353 thousand tonnes of CO2 equivalents in 2021
  • In 2021, Ross Stores’ Scope 1 emissions were around 25 thousand tonnes of CO2 equivalents
  • Ross Stores has set a target to achieve net-zero emissions by 2050

Ross Stores’ Greenhouse Gas Emissions

Greenhouse gas (GHG) emissions are one of the major causes of rising global warming. CO2, Methane & NOx gases form a major part of greenhouse gases released from fossil fuels such as oil and gas. Due to rising GHG emissions from the operations of companies, it became important among major contributing sectors to report GHG emissions during their operations.

Several retailers, including Walmart, already measure their carbon footprints and climate change programs. Retailers generate a significant portion of their carbon footprint in their stores. Heating, lighting, air conditioning, ventilation, cooking, and refrigeration are the main factors for a retail outlet's direct energy consumption, and therefore carbon emissions.

Ross Stores Inc (Ross Stores) is an operator of discount retail stores. The company operates through off-price retail apparel and home fashion store banners such as Ross Dress for Less and dd’s DISCOUNTS. Ross stores offer men, women, and kid’s apparel, fashion and lifestyle accessories, footwear, jewelry, fragrances, gourmet food and cookware, bed and bath products, toys, home accessories, garden decor, furniture, luggage, and sporting goods.

The total GHG emissions of Ross Stores in 2021 were 353 thousand tonnes of CO2 equivalents, an increase of 24% over 2020.

GHG emissions are generally classified into Scope 1,2 & 3 emissions. Scope 1 includes direct GHG emissions from stationary fuel combustion and refrigerant gases. Scope 2 encompasses indirect GHG emissions from the on-site generation and purchase of electricity. Scope 3 involves all other indirect GHG emissions in Ross Stores’ value chain.

In 2021, Ross Stores’ Scope 1 emissions were 25 thousand tonnes of CO2eq, and Scope 2 emissions were 230 thousand tonnes of CO2eq. Ross Stores' Scope 3 emissions in 2021 reached 98 thousand tonnes of CO2eq.

Ross Stores has set a target to achieve net-zero emissions by 2050.

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