TJX

TJ Maxx, Marshalls, HomeGoods, Sierra, Winners, HomeSense
Framingham, Massachusetts
Retailing

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

TJX Companies often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. TJX Companies occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of TJX

Ernie Herrman

Ernie Herrman

Summary:

Headquartered in Framingham, Massachusetts, TJX is a member of the Fortune 250 operating in the Retailing industry. Ernie Herrman and Carol Meyrowitz serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $50,800 to Republican causes and $33,000 to Democratic causes. Under their tenure, TJX currently holds a 'Medium Risk' risk rating.

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Political Contributions of Leadership:

$50,800

$33,000

Republican

Democrat

China Risk Database

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Number of Facilities: 3

Total Export Dollars: $14,387,301

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Average Annual Revenue

Global

$0

China Revenue

0.00%

$0

Annual Average of Total Assets

Global

$0

China Assets

0.00%

$0

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of Resolution
Mgmt Rec
Total Vote % in Favor
6/4/24SocialNorthStar Asset Management Inc. Funded Pension PlanReport on Effectiveness of Social Compliance Efforts in TJX's Supply ChainAgainst18.76%
6/6/23SocialInternational Brotherhood of TeamstersReport on Risk to TJX From SUpplier Misclassification on Supplier's EmployeesAgainst31.40%
6/6/23SocialNorthstar Asset Management, Inc.Report on Effectiveness of SOcial Compliance Efforts in the Supply ChainAgainst25.40%
6/6/23SocialFigure 8 Investment StrategiesLeave Policy for All AssociatesAgainst22.00%
6/7/22SocialFigure 8 Investment StrategiesAdopt Paid Sick Leave Policy for All AssociatesAgainst33.78%
6/7/22SocialInt'l Brotherhood of TeamstersReport on Risk to TJX From Supplier Misclassification of Supplier's EmployeesAgainst31.78%
6/7/22SocialTrillium Asset ManagementReport on Risk Due to Restrictions on Reproductive RightsAgainst30.16%
6/7/22SocialNorthstar Asset ManagementReport on Human Rights Due Diligence in Supply ChainAgainst24.64%
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