Dollar Tree, Inc.

Highlights

• Reduced Scope 1 emissions 28% in 2024 (from 2023), primarily by improving refrigerant tracking and using lower-impact refrigerants in newer equipment.
• Invested $94 million in energy efficiency upgrades in 2024.
• Opened 525 stores in 2024 aligned with the company's In-Store Energy Efficiency Standard.
• Optimized HVAC systems in 600 stores utilizing AI, which reduced electricity use by 8.0 GWh and CO2 equivalent emissions by 5,632 metric tons.
• Purchased 6.7 GWh of clean energy in 2024, comprising 0.5% of total electricity. Future clean energy projects are expected to add 189 GWh (in 2026 and 2027).
• Reduced operational waste 4% and increased total recycled waste 33% (compared to 2023), and diverted 63.4% of waste from landfills.
• 12.7% of high impact category suppliers have either publicly committed to reducing emissions or received SBTi validation of their targets.
• Made over $20 million in donations in 2024, including corporate, associate, customer, and supplier donations.
  

2024

Announced a new goal to achieve net zero by 2050 in its 2024 Sustainability and Social Impact Report. The company also established several interim targets aligned to SBTi’s near-term guidelines. These include committing to: reduce Scope 1 and 2 absolute emissions by 50% by FY2032 (FY2023 baseline); have 67% of suppliers by emissions set or commit to science-based aligned targets by FY2029; and continue to advance the transition to renewable energy sources for its stores, distribution centers, and store support center. (Sept 2024)

Joined the CEF member network in January!