MASHINIi

Macy's Inc..

M.US | Other retail sale in non-specialized stores

Macy's, Inc. is an omnichannel retail organization operating stores and digital platforms. The company operates through its Macy's, Bloomingdale's, and Bluemercury brands. Macy's stores offer a wide range of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Bloomingdale's ...Show More

Ethical Profile

Mixed.

Macy's Inc. maintains a mixed ethical record. Recurring data breaches allegedly exposed customer data. Fiscal year 2023 financial reporting included $151 million in false bookkeeping entries. Environmental practices drew significant fines, including $1.6 million for illegal hazardous waste disposal in California and a $375,000 RCRA civil penalty. Critics highlight high pay inequality, with 2017 CEO compensation reportedly 806 times the median employee's $13,810, plus a 2020 labor dispute. Positively, Macy's committed to going fur-free by end of FY2020 and reports diverting 65% of waste from landfills in FY2023.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-30
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-40
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Macy's Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No data relevant to Fair Money & Economic Opportunity could be extracted from the provided articles. All articles either resulted in a 404 error

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,
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,
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,
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or explicitly stated they contained no information pertaining to financial services, lending practices, or related initiatives for M.US
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,
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.

Fair Pay & Worker Respect

-30

The CEO-to-median employee pay ratio was 806:1 in 2017

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, with the CEO's total compensation at $10.8 million
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compared to the median employee's $13,810
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. Employee overall satisfaction, based on reviews, is rated at 3.4 out of 5 stars
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. In January 2023, a court affirmed a National Labor Relations Board (NLRB) order for the company to reinstate employees and compensate for losses following a 2020 lockout, which was deemed an unfair labor practice
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.

Fair Trade & Ethical Sourcing

0

No evidence available to assess Macy's Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-20

Macy's incurred $10,507,695 in ethics-related regulatory penalties in 2023 and 2024, including a $10.5 million consumer protection violation

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and a $7,695 labor relations violation
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. The company also had one financial restatement event covering Q4 2021 through Q3 2024
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, related to a $151 million accounting misstatement of delivery expenses caused by a single employee's intentional actions
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. Macy's has a comprehensive anti-corruption and anti-bribery policy that strictly prohibits all forms of corruption and bribery for all colleagues and third parties
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, applies company-wide
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, references international laws like the U.S. Foreign Corrupt Practices Act
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, and includes annual ethics training
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. A formal whistleblower policy is in place, explicitly prohibiting retaliation against those who report potential violations in good faith
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. It offers multiple reporting channels, including a confidential 24/7 third-party Compliance Connection hotline and web service
10
. The company demonstrates extensive third-party verification of ethical claims and compliance, including social compliance audits for all private brand factories every 18 months
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, PCI DSS certification
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, independent assessments for cybersecurity, privacy, and enterprise risk management in 2024
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, third-party product testing
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, and independent surveys for conflict minerals
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.

Kind to Animals

0

Macy's does not source eggs, meat, or dairy products. The company stopped selling fur by the end of fiscal 2020 across all its brands and items from brand partners, closing its Fur Vaults and salons.

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Macy's no longer sells goods made from exotic skins (alligators, snakes, lizards, ostriches)
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and prohibits materials like Angora, Vicuna, and Yak Wool.
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The company uses animal-derived materials including leather, wool, cashmere, alpaca, mohair, and down.
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It accepts recognized certifications for these materials, such as Good Cashmere Standard, Responsible Down Standard, Leather Impact Accelerator (Category D), Responsible Wool Standard, Responsible Alpaca Standard, and Responsible Mohair Standard, to address animal welfare in the supply chain.
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Macy's has a formal policy aligned with the Five Domains of Animal Welfare.
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It sells "Cruelty Free Conscious Beauty" products that are not tested on animals in any form or at any stage of development, production, or supply chain.
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No War, No Weapons

0

The provided articles detail Macy's, Inc.'s S.P.U.R. Pathways initiative, which focuses on funding and supporting underrepresented businesses

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, and its commitment to Mission Every One, a social purpose platform
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. Neither article contains any information or data relevant to arms manufacturing, military contracts, dual-use technology, sales to sanctioned regimes, peacebuilding initiatives, or any other criteria related to the 'No War, No Weapons' ethical value. Therefore, no KPIs can be scored based on the evidence provided.

Planet-Friendly Business

-50

Macy's has committed to setting near-term company-wide emission reductions in line with the Science Based Targets initiative (SBTi).

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In FY2023, the company diverted 65% of waste from its direct operations from landfills, with a target to reach 80% by 2030.
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However, Macy's Retail Holdings, LLC, was found to have illegally disposed of hazardous waste at its California locations, including batteries, electronic waste, and flammable liquids, resulting in a $1.6 million fine.
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Additionally, from 2012 to 2015, Macy's violated Resource Conservation and Recovery Act (RCRA) regulations, including failures to notify authorities about hazardous waste generation and incomplete manifests, involving over 269,168 pounds of hazardous waste across 44 stores, which led to a $375,000 civil penalty.
4

Respect for Cultures & Communities

0

The provided articles do not contain specific, quantitative data points relevant to the defined KPIs for 'Respect for Cultures & Communities'. While some articles discuss general diversity and inclusion efforts, and supplier diversity, they lack direct evidence for metrics such as formal partnerships with indigenous or local community groups, cultural appropriation incidents, cultural impact assessment protocols, or specific investments in cultural preservation or local community development as a percentage of revenue. Information on diverse supplier spend or funding for social justice organizations does not directly map to the specific quantitative thresholds of the provided KPIs for this value. Company spend with diverse suppliers was 4.2% in FY2023.

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In FY2023, $1M was provided as funding for social justice organizations.
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Safe & Smart Tech

-40

Macy's experienced two data breaches within the past three years: one in October 2023 affecting an unspecified number of customers, and a "prior incident last year" (2022/early 2023) affecting thousands of online customers.

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These incidents exposed customer names, addresses, phone numbers, email addresses, and credit card information.
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In response to the October 2023 breach, Macy's reported it to federal law enforcement, notified customers, and offered consumer protection services.
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The company's privacy notice, updated in July 2025, outlines various user rights, including deletion, correction, access, and opt-out of sale/sharing.
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However, 2024 California metrics indicate that 301 out of 940 received deletion requests were rejected or unverified.
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The privacy notice also states compliance with various privacy regulations, including CCPA and GDPR, and provides detailed metrics for handling California privacy requests, with no documented regulatory violations or fines.
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Zero Waste & Sustainable Products

0

No evidence available to assess Macy's Inc. on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.