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Climate | Target Corporation
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<li id="nav-id-7cb4fab2-4ce3-46d4-b4f0-f18f68a40d90" class="nav-source--item has-children"> <a href="/sustainability-governance/our-team/belonging/eeo-1-report" class="nav-source--link">EEO-1 Report</a> <ul> <li id="nav-id-64d976f0-51bf-4594-b1bd-bb2f1b56645f" class="nav-source--item"> <a href="/sustainability-governance/our-team/belonging/eeo-1-report/2021-eeo-1-report" class="nav-source--link">2021 EEO-1 Report</a> </li> <li id="nav-id-f6b0ac8a-1154-4e19-9a10-ec7f7f3e5c16" class="nav-source--item"> <a href="/sustainability-governance/our-team/belonging/eeo-1-report/2022-eeo-1-report" class="nav-source--link">2022 EEO-1 Report</a> </li> </ul> </li> </ul> </li> </ul> </li> <li id="nav-id-282fb951-4cad-4b15-b8ac-8c96e440aed5" class="nav-source--item has-children"> <a href="/sustainability-governance/communities" class="nav-source--link">Serving and Strengthening Communities</a> <ul> <li id="nav-id-de593f9c-0842-4b20-a39c-ea9390a02f50" class="nav-source--item"> <a href="/sustainability-governance/communities/disasters" class="nav-source--link">Disaster Preparedness & Response</a> </li> <li id="nav-id-74bfccdb-0f6c-439e-81fe-74992b995ae3" class="nav-source--item"> <a href="/sustainability-governance/communities/volunteerism" class="nav-source--link">Volunteerism</a> </li> <li id="nav-id-46ed3286-ed95-404c-a0b1-589a88099cff" class="nav-source--item has-children"> <a href="/sustainability-governance/communities/grants-corporate-giving" class="nav-source--link">Grants & Corporate Giving</a> <ul> <li id="nav-id-a088ebc8-3cbf-42d3-8398-368e1eb1787f" class="nav-source--item"> <a href="/sustainability-governance/communities/grants-corporate-giving/target-circle-community-giving" class="nav-source--link">Target Circle Community Giving</a> </li> </ul> </li> </ul> </li> <li id="nav-id-3ced2f29-8d99-4b42-a4ae-bffe0e049719" class="nav-source--item has-children"> <a href="/sustainability-governance/target-foundation" class="nav-source--link">Target Foundation</a> <ul> <li id="nav-id-0fe31a5d-0bfc-472f-bbbd-8698dcdb4aaf" class="nav-source--item"> <a href="/sustainability-governance/target-foundation/hometown" class="nav-source--link">Hometown</a> </li> <li id="nav-id-c88ae027-d338-40e0-bb69-62a8e5aa681d" class="nav-source--item"> <a href="/sustainability-governance/target-foundation/national" class="nav-source--link">National</a> </li> <li id="nav-id-95602017-2442-4b13-bc09-b74b0f616c53" class="nav-source--item"> <a href="/sustainability-governance/target-foundation/global" class="nav-source--link">Global</a> </li> <li id="nav-id-6bcab070-0312-4adc-b9fc-a2bcc1dbe193" class="nav-source--item"> <a href="/sustainability-governance/target-foundation/charter" class="nav-source--link">Charter</a> </li> </ul> </li> <li id="nav-id-b1bec247-8f89-4189-9225-e16fb13f6ba4" class="nav-source--item has-children"> <a href="/sustainability-governance/operating-ethically" class="nav-source--link">Operating Ethically</a> <ul> <li id="nav-id-321a9184-66cb-41bf-9bf7-5b4893a7faf1" class="nav-source--item"> <a href="/sustainability-governance/operating-ethically/code-of-ethics" class="nav-source--link">Code of Ethics</a> </li> <li id="nav-id-7cb5e4c0-0b61-4d1f-9806-6ff813190d75" class="nav-source--item"> <a href="/sustainability-governance/operating-ethically/business-partner-code-of-conduct" class="nav-source--link">Business Partner Code of Conduct</a> </li> <li id="nav-id-266ee68d-df9d-474c-9bd1-e75c2aa27b89" class="nav-source--item has-children"> <a href="/sustainability-governance/operating-ethically/public-policy-civic-engagement" class="nav-source--link">Public Policy & Civic Engagement</a> <ul> <li id="nav-id-bce31fed-60b2-4f3f-aa65-018118cec4fa" class="nav-source--item"> <a href="/sustainability-governance/operating-ethically/public-policy-civic-engagement/civic-activity" class="nav-source--link">Civic Activity</a> </li> <li id="nav-id-12c57c7d-f40a-417c-9132-5aab473febe6" class="nav-source--item"> <a href="/sustainability-governance/operating-ethically/public-policy-civic-engagement/issue-advocacy" class="nav-source--link">Issue Advocacy</a> </li> <li id="nav-id-7cb9f412-4bec-4846-886f-a7a293b313c7" class="nav-source--item"> <a href="/sustainability-governance/operating-ethically/public-policy-civic-engagement/political-engagement" class="nav-source--link">Political Engagement</a> </li> </ul> </li> <li id="nav-id-1e79fca3-dc5d-4f3d-a78e-d16a8b15e965" class="nav-source--item has-children"> <a href="/sustainability-governance/operating-ethically/product-safety-quality-assurance" class="nav-source--link">Product Safety & Quality Assurance</a> <ul> <li id="nav-id-1f7042b9-4f9d-431e-bb60-eda176eb2a33" class="nav-source--item"> <a href="/sustainability-governance/operating-ethically/product-safety-quality-assurance/food-safety" class="nav-source--link">Food Safety Quality & Regulatory Compliance Tools and Processes</a> </li> <li id="nav-id-939e9af1-22be-4a02-80fc-b7e71abb7fa4" class="nav-source--item"> <a href="/sustainability-governance/operating-ethically/product-safety-quality-assurance/product-safety" class="nav-source--link">Product Safety and Quality Assurance Tools and Processes</a> </li> </ul> </li> <li id="nav-id-a62f21af-a0c2-4ec7-9eb1-def6012066d5" class="nav-source--item"> <a href="/sustainability-governance/operating-ethically/environmental-management-systems-strategy" class="nav-source--link">Environmental Management Systems & Strategy</a> </li> </ul> </li> <li id="nav-id-757a641c-b86d-4678-8c7d-b4e8626cc6c0" class="nav-source--item has-children"> <a href="/sustainability-governance/responsible-supply-chains" class="nav-source--link">Responsible Supply Chains</a> <ul> <li id="nav-id-c693301f-cb88-4b95-9909-1c93825ca22c" class="nav-source--item has-children"> <a href="/sustainability-governance/responsible-supply-chains/human-rights" class="nav-source--link">Human Rights</a> <ul> <li id="nav-id-34da2936-0c56-4e32-9279-dc0b04d6a46d" class="nav-source--item"> <a href="/sustainability-governance/responsible-supply-chains/human-rights/policies" class="nav-source--link">Supply Chain Labor & Human Rights Policies</a> </li> </ul> </li> <li id="nav-id-c5997338-faf9-4d87-8efd-19d8b2dea97e" class="nav-source--item"> <a href="/sustainability-governance/responsible-supply-chains/animal-welfare" class="nav-source--link">Animal Welfare</a> </li> <li id="nav-id-86d9589e-94d2-48f3-b0eb-07200d2caca8" class="nav-source--item"> <a href="/sustainability-governance/responsible-supply-chains/sourcing-manufacturing-practices" class="nav-source--link">Responsible Sourcing and Manufacturing Practices </a> </li> <li id="nav-id-a81d794f-04df-40f3-a8cb-21236b173db8" class="nav-source--item has-children"> <a href="/sustainability-governance/responsible-supply-chains/suppliers" class="nav-source--link">Suppliers</a> <ul> <li id="nav-id-07738f64-9ac5-4aa0-b23d-399347a05116" class="nav-source--item"> <a href="/sustainability-governance/responsible-supply-chains/suppliers/supplier-support" class="nav-source--link">Supplier Support</a> </li> <li id="nav-id-d2bb5057-4f67-405e-9afa-3d8504ff23b4" class="nav-source--item"> <a href="/sustainability-governance/responsible-supply-chains/suppliers/standards-of-vendor-engagement" class="nav-source--link">Standards of Vendor Engagement</a> </li> <li id="nav-id-1d2befb5-3b13-4a19-87e4-99e893412a90" class="nav-source--item"> <a href="/sustainability-governance/responsible-supply-chains/suppliers/supplier-intake-form" class="nav-source--link">Supplier Intake Form</a> </li> </ul> </li> <li id="nav-id-ad4540f6-5793-4075-8fdf-c6cb2a6caa78" class="nav-source--item"> <a href="/sustainability-governance/responsible-supply-chains/traceability-transparency" class="nav-source--link">Traceability & Transparency</a> </li> <li id="nav-id-2f4ae3a8-991b-4100-96de-89206c546fb4" class="nav-source--item"> <a href="/sustainability-governance/responsible-supply-chains/audit-program" class="nav-source--link">Audit Program</a> </li> </ul> </li> <li id="nav-id-23e0a1e3-0b06-4eb2-acdf-1d77bfc6d546" class="nav-source--item has-children"> <a href="/sustainability-governance/governance-and-reporting" class="nav-source--link">Governance & Reporting</a> <ul> <li id="nav-id-6ae48c41-38b2-465b-934c-cbc6881ee402" class="nav-source--item"> <a href="/sustainability-governance/governance-and-reporting/priorities" class="nav-source--link">Sustainability & Governance Priorities</a> </li> <li id="nav-id-4aff91db-16f6-444c-87cd-a8d9e8f6c0e2" class="nav-source--item has-children"> <a href="/sustainability-governance/governance-and-reporting/reporting-progress" class="nav-source--link">Reporting & Progress</a> <ul> <li id="nav-id-bb43cfc5-65fb-4869-b2a8-fd92a8c8f78e" class="nav-source--item"> <a href="/sustainability-governance/governance-and-reporting/reporting-progress/archive" class="nav-source--link">Reporting Archive</a> </li> </ul> </li> <li id="nav-id-453418c1-fb84-46a2-b383-877baab4bb68" class="nav-source--item has-children"> <a href="/sustainability-governance/governance-and-reporting/corporate-governance" class="nav-source--link">Corporate Governance</a> <ul> <li id="nav-id-3b09122c-ce78-4918-a5e9-8600365b425a" class="nav-source--item"> <a href="/sustainability-governance/governance-and-reporting/corporate-governance/board-of-directors-and-management" class="nav-source--link">Board of Directors & Management</a> </li> <li id="nav-id-9bed7f1e-dc41-43e0-83d0-30065f365e5e" class="nav-source--item"> <a href="/sustainability-governance/governance-and-reporting/corporate-governance/board-committees-and-charters" class="nav-source--link">Board Committees & Charters</a> </li> <li id="nav-id-7dd1b9de-6f67-47e0-9a3c-d25dedefb47a" class="nav-source--item"> <a href="/sustainability-governance/governance-and-reporting/corporate-governance/board-skills-and-diversity" class="nav-source--link">Board Skills & Diversity</a> </li> </ul> </li> </ul> </li> </ul> <div class="global-header--nav-flyout-featured-content"> <h2 class="h3">More to explore</h2> <div class="global-header--nav-flyout-featured-items flex-grid"> <div class="global-header--nav-flyout-featured-item flex-col flex-col-6--xs"> <div class="global-header--nav-flyout-featured-image-container"> <img class="global-header--nav-flyout-featured-image" src="/getmedia/be8830ab-3c0a-4bff-ac10-a3cede3d72ac/team_members.png?width=220" alt="Two Target team members smiling in the grocery department" /> </div> <div class="global-header--nav-flyout-featured-title"> <a href="/about/purpose-history/our-commitments" class="global-header--nav-flyout-featured-title-link">Our commitments to guests, team and communities</a> </div> </div> </div> </div> </li> <li id="nav-id-ee537b2d-867f-4f33-a627-9b0bcd8aa2a3" class="nav-source--item has-children"> <a href="/investors" class="nav-source--link">Investors</a> <ul> <li id="nav-id-f4157a10-28da-469b-b8fc-2f426be51c49" class="nav-source--item"> <a href="/investors/corporate-overview" class="nav-source--link">Corporate Overview</a> </li> <li id="nav-id-9f8007df-7edb-4fa0-9f7c-68405687c3b2" class="nav-source--item"> <a href="/investors/events-presentations" class="nav-source--link">Events & Presentations</a> </li> <li id="nav-id-6f1452c3-69cf-4a75-be3f-3ee11ecfefe9" class="nav-source--item has-children"> <a href="/investors/financial-information" class="nav-source--link">Financial Information</a> <ul> <li id="nav-id-b013fd14-a940-408a-9088-cc73526ab9ad" class="nav-source--item"> <a href="/investors/financial-information/financial-news" class="nav-source--link">Financial News</a> </li> <li id="nav-id-a08c9c14-f104-4cc9-9be0-aca49dd60c79" class="nav-source--item"> <a href="/investors/financial-information/summary-financials" class="nav-source--link">Summary Financials</a> </li> <li id="nav-id-9f744b9f-ce90-4abb-bf29-52f114fde8db" class="nav-source--item has-children"> <a href="/investors/financial-information/stock-information" class="nav-source--link">Stock Information</a> <ul> <li id="nav-id-7dc6ae6c-5f30-4e3c-82cc-bc7a2cb4e856" class="nav-source--item"> <a href="/investors/financial-information/stock-information/historical" class="nav-source--link">Historical Stock Price Information</a> </li> <li id="nav-id-601b0952-efbf-4446-94e0-6b11049cb3bc" class="nav-source--item"> <a href="/investors/financial-information/stock-information/investment-calculator" class="nav-source--link">Investment Calculator</a> </li> </ul> </li> </ul> </li> <li id="nav-id-a35e0656-dd80-442d-8a3d-8d571293ee93" class="nav-source--item has-children"> <a href="/investors/annual" class="nav-source--link">Annual Reports and Proxy Information</a> <ul> <li id="nav-id-2074b7f4-b4fe-476b-a736-1a6d9b007f6e" class="nav-source--item"> <a href="/investors/annual/annual-reports-and-archive" class="nav-source--link">Annual Reports and Archive</a> </li> <li id="nav-id-14fd0753-700b-43b3-beb3-136681be090f" class="nav-source--item"> <a href="/investors/annual/proxy-information-and-archive" class="nav-source--link">Proxy Information and Archive</a> </li> </ul> </li> <li id="nav-id-6c86f974-9b71-421c-b05f-51fe61015828" class="nav-source--item"> <a href="/investors/sec-filings" class="nav-source--link">SEC Filings</a> </li> <li id="nav-id-ffcfca93-9c0d-4075-b8e4-212c59975339" class="nav-source--item has-children"> <a href="/investors/shareholder-services" class="nav-source--link">Shareholder Services</a> <ul> <li id="nav-id-34fe28d6-872e-418e-a8c1-b72b88bb3d65" class="nav-source--item"> <a href="/investors/shareholder-services/request-materials" class="nav-source--link">Request Materials</a> </li> </ul> </li> <li id="nav-id-e30b0b39-bfb7-4e90-ae19-8530737918cb" class="nav-source--item"> <a href="/investors/investor-email-alerts" class="nav-source--link">Investor Email Alerts</a> </li> </ul> <div class="global-header--nav-flyout-featured-content"> <h2 class="h3">More to explore</h2> <div class="global-header--nav-flyout-featured-items flex-grid"> <div class="global-header--nav-flyout-featured-item flex-col flex-col-6--xs"> <div class="global-header--nav-flyout-featured-image-container"> <img class="global-header--nav-flyout-featured-image" src="/getmedia/33a083b3-4cbe-4da5-91d4-6c400106304f/bullseye.png?width=220" alt="Target's mascot Bullseye in front of red background" /> </div> <div class="global-header--nav-flyout-featured-title"> <a href="/about/purpose-history/our-corporate-strategy" class="global-header--nav-flyout-featured-title-link">Our corporate strategy</a> </div> </div> <div class="global-header--nav-flyout-featured-item flex-col flex-col-6--xs"> <div 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class="hero--description text-large"> <p>We are committed to making our operations and our supply chain sustainable through reducing our greenhouse gas (GHG) footprint, supporting a more resilient and healthier environment for our guests, team members and communities. Aligned with our Target Forward ambitions, we commit to net zero GHG emissions across our enterprise by 2040 to reduce climate impacts across our operations and supply chain. </p> </div> </div> </div> </div> </div> <div class="hero-media"> <div class="container"> <div class="hero-media--image-container"> <picture> <source media="(max-width: 667px)" srcset="/getmedia/cf8858ae-8908-42ed-98ff-60fec7d4ea0c/Header_Climate-Energy.png?width=620" alt="diagram" /> <source media="(max-width: 991px)" srcset="/getmedia/cf8858ae-8908-42ed-98ff-60fec7d4ea0c/Header_Climate-Energy.png?width=940" alt="diagram" /> <img class="hero-media--image" src="/getmedia/cf8858ae-8908-42ed-98ff-60fec7d4ea0c/Header_Climate-Energy.png?width=1144" alt="diagram" fetchpriority="high" /> </picture> </div> </div> </div> <section class="section section-1-col spacing-option-3 background-option-0 "> <div class="container"> <div class="section--content flex-grid flex-flex-direction-column--xs flex-row-gap-default"> <div class="flex-col"> <div class="fr-view"> <p>Net zero, as defined, is achieved when company's scope 1, 2 and 3 emissions are reduced to a level that is consistent with a 1.5°C pathway, and any residual emissions are removed from the atmosphere through either nature-based or technological carbon removal solutions (e.g., forestry, regenerative agriculture, carbon capture technology), by no later than 2050, in alignment with the Paris Agreement.</p><h2 id="isPasted">Our achievements to date</h2><p>We are focused on cutting our GHG emissions by driving energy efficiency, adopting renewable energy and eliminating waste. We’re also working with our suppliers to support their decarbonization efforts.<br><br></p> </div> </div> </div> </div> </section> <section class="section section-3-col spacing-option-1 background-option-0 "> <div class="container"> <div class="section--content flex-grid flex-row-gap-default "> <div class="flex-col flex-col-4--md"> <div class="card-stat style-option-0"> <div class="card-stat--value d2 text-color-red-shade"> 66% </div> <div class="card-stat--description h3">Percentage of electricity procured from renewable[1] sources[2] of FY2023, after achieving our interim milestone three years early in FY2022. </div> </div> </div> <div class="flex-col flex-col-4--md"> <div class="card-stat style-option-0"> <div class="card-stat--value d2 text-color-red-shade"> 14% </div> <div class="card-stat--description h3">Decrease in total scope 3 emissions from FY2022[3]. </div> </div> </div> <div class="flex-col flex-col-4--md"> <div class="card-stat style-option-0"> <div class="card-stat--value d2 text-color-red-shade"> 71% </div> <div class="card-stat--description h3">Percentage of our suppliers (toward our goal of 80% by spend) that set science-based scope 1 and scope 2 targets as of the end of FY2023.</div> </div> </div> </div> </div> </section> <section class="section section-2-col "> <div class="container"> <div class="section--content flex-grid flex-row-gap-default flex-justify-content-center--xs "> <div class="flex-col flex-col-6--md"> <div class="fr-view"> <h2 id="isPasted">Our climate policy</h2><p><span class="TextRun SCXW218650606 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW218650606 BCX0">We expect the long-term effects of global climate</span><span class="NormalTextRun SCXW218650606 BCX0"> </span><span class="NormalTextRun SCXW218650606 BCX0">change will be widespread and unpredictable. That</span><span class="NormalTextRun SCXW218650606 BCX0"> </span><span class="NormalTextRun SCXW218650606 BCX0">understanding informs our comprehensive </span><span class="NormalTextRun SCXW218650606 BCX0">climate policy and goals</span><span class="NormalTextRun SCXW218650606 BCX0">, which</span><span class="NormalTextRun SCXW218650606 BCX0"> are designed to </span><span class="NormalTextRun SCXW218650606 BCX0">keep Target competitive </span><span class="NormalTextRun SCXW218650606 BCX0">within the retail industry and are accompanied by internal execution strategies and management plans.</span></span><span class="EOP SCXW218650606 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p> </div> </div> <div class="flex-col flex-col-6--md"> <div class="card-cta style-option-2 left"> <div class="card-cta--content"> <h3 class="card-cta--title h3">Climate Policy</h3> </div> <a href="/sustainability-governance/climate-and-energy/climate-policy" class="card-cta--cta cta"> Explore our climate policy <svg aria-hidden="true" focusable="false" class="svg-icon card-cta--cta-icon"><use xlink:href="/assets/images/svg/svg-icon-sprite.svg#chevron-right"></use></svg> </a> </div> </div> </div> </div> </section> <section class="section section-1-col spacing-option-0 background-option-0 "> <div class="container"> <div class="section--content flex-grid flex-flex-direction-column--xs flex-row-gap-default"> <div class="flex-col"> <div class="fr-view"> <h2>Our goals</h2><div class="OutlineElement Ltr SCXW38024824 BCX0" id="isPasted"><p class="Paragraph SCXW38024824 BCX0"><span class="TextRun SCXW38024824 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0">Since we opened our first store back in 1962, </span><span class="NormalTextRun SCXW38024824 BCX0">we’ve</span><span class="NormalTextRun SCXW38024824 BCX0"> aimed to make our products and operations more sustainable for our </span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW38024824 BCX0">guests</span><span class="NormalTextRun SCXW38024824 BCX0">. By 2040, we commit to net zero greenhouse gas (GHG) emissions<sup>4</sup></span></span><span class="TextRun SCXW38024824 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0">. </span></span><span class="EOP SCXW38024824 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="OutlineElement Ltr SCXW38024824 BCX0"><p class="Paragraph SCXW38024824 BCX0"><span class="TextRun SCXW38024824 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0">In the near term, our goal is to reduce absolute scope 1 and 2 </span></span><span class="TextRun SCXW38024824 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0">GHG emissions by 55% and scope 3<sup>5</sup> GHG emissions by 32.5% below 2017 levels by 2030 (from retail Purchased Goods & Services, Upstream & Downstream transport<sup>5</sup> and Use of Sold Product). We’ve also joined <a class="Hyperlink SCXW38024824 BCX0" href="https://unfccc.int/climate-action/race-to-zero-campaign" rel="noreferrer noopener" target="_blank" id="isPasted"><span class="TextRun Underlined SCXW38024824 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0" data-ccp-charstyle="Hyperlink">Race to Zero</span></span></a> to help drive meaningful emissions reductions impact across our sector and value chain. We were previously signatories of the Business Ambition for 1.5°C campaign, which SBTi retired in March 2024. Read the final </span></span><span class="TextRun SCXW38024824 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0"><a href="https://sciencebasedtargets.org/resources/files/SBTi-Business-Ambition-final-report.pdf" target="_blank" rel="noopener noreferrer">campaign impact report</a></span></span><span class="TextRun SCXW38024824 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0">. </span></span></p></div><div class="OutlineElement Ltr SCXW38024824 BCX0"><p class="Paragraph SCXW38024824 BCX0"><span class="TextRun SCXW38024824 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0">In 2019, we </span></span><a class="Hyperlink SCXW38024824 BCX0" href="/article/2019/03/climate-goals"><span class="TextRun Underlined SCXW38024824 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0" data-ccp-charstyle="Hyperlink">set and validated science-based targets</span></span></a><span class="TextRun SCXW38024824 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW38024824 BCX0"> </span></span>for emissions reductions across our operations and our supply chain — becoming a leader in U.S. retail. In 2023, we updated our target for absolute reduction in operations emissions (scope 1 and 2) from 50% to 55% and our target for absolute supply chain emissions (scope 3) from 30% to 32.5%, both from a 2017 base year, to reflect greater overall ambition and ensure continued alignment with science-based reduction targets. We also updated our 2030 absolute supply chain emissions (scope 3) reduction goal to cover not only purchased goods and services, but also upstream and downstream transportation (fulfillment only) and use of sold products. </p><p>Our updated near-term scope 1 and 2 goals are aligned to the Science Based Targets initiative’s Corporate Net-Zero Standard and to keeping warming below 1.5°C. Our updated near-term scope 3 goal is aligned to limiting warming well-below 2°C, and our long-term scope 3 is aligned to keeping warming below 1.5°C or below. We are currently seeking approval of our updated targets. </p></div><h2>Reporting and progress</h2><p><span class="TextRun SCXW164888970 BCX0" data-contrast="auto" id="isPasted" lang="EN-US"><span class="NormalTextRun SCXW164888970 BCX0">We’ve</span><span class="NormalTextRun SCXW164888970 BCX0"> also made a series of interim goals to measure and report our progress over time.</span></span><span class="EOP SCXW164888970 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> Progress against these Target Forward goals will be updated annually through our </span><span class="EOP SCXW164888970 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"><a href="https://corporate.target.com/sustainability-governance/governance-and-reporting/reporting-progress">sustainability and governance reporting</a></span><span class="EOP SCXW164888970 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}">.</span></p><h3>By 2023:</h3><ul><li><span class="TextRun SCXW101933887 BCX0" data-contrast="auto" id="isPasted" lang="EN-US"><span class="NormalTextRun SCXW101933887 BCX0">80% of our suppliers </span><span class="NormalTextRun SCXW101933887 BCX0">by spend</span><span class="NormalTextRun SCXW101933887 BCX0"> </span><span class="NormalTextRun SCXW101933887 BCX0">(</span><span class="NormalTextRun SCXW101933887 BCX0">covering all purchased goods and services</span><span class="NormalTextRun SCXW101933887 BCX0">)</span><span class="NormalTextRun SCXW101933887 BCX0"> </span><span class="NormalTextRun SCXW101933887 BCX0">will set science-based </span><span class="NormalTextRun SCXW101933887 BCX0">scope 1 and </span><span class="NormalTextRun SCXW101933887 BCX0">scope </span><span class="NormalTextRun SCXW101933887 BCX0">2 </span><span class="NormalTextRun SCXW101933887 BCX0">t</span><span class="NormalTextRun SCXW101933887 BCX0">argets<sup>6</sup></span><span class="NormalTextRun SCXW101933887 BCX0">.</span></span><span class="EOP SCXW101933887 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span><span class="EOP SCXW101933887 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"><a href="https://corporate.target.com/sustainability-governance/climate#2023_goal_progress">See goal progress.</a></span></li></ul><h3>By 2025:</h3><ul class="BulletListStyle1 SCXW146039718 BCX0" id="isPasted"><li aria-setsize="-1" class="OutlineElement Ltr SCXW146039718 BCX0" data-aria-level="1" data-aria-posinset="1" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="8"><p class="Paragraph SCXW146039718 BCX0"><span class="TextRun SCXW146039718 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW146039718 BCX0">Engage suppliers to prioritize renewable energy and collaborate on solutions that protect, </span><span class="NormalTextRun SCXW146039718 BCX0">sustain</span><span class="NormalTextRun SCXW146039718 BCX0"> and restore nature.</span></span><span class="EOP SCXW146039718 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></li><li aria-setsize="-1" class="OutlineElement Ltr SCXW146039718 BCX0" data-aria-level="1" data-aria-posinset="2" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="8"><p class="Paragraph SCXW146039718 BCX0"><span class="TextRun SCXW146039718 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW146039718 BCX0">Source 60% of our electricity from renewable sources for our operations.</span></span><span class="EOP SCXW146039718 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span><br><br></p></li></ul><h3>By 2030:</h3><ul><li>Source 100% of our electricity from renewable sources for our operations.</li><li>Achieve 50% absolute reduction in operations emissions (scopes 1 & 2) from a 2017 base year.</li><li>Achieve 32.5% absolute reduction in supply chain emissions (scope 3) covering purchased goods and services (PG&S), upstream and downstream transport<sup>5</sup> and use of sold products from a 2017 base year.</li></ul><h3>By 2040:</h3><ul><li>Achieve net zero GHG emissions<sup>4</sup> across our enterprise (scopes 1, 2 and 3)<sup>7</sup>.<br><br></li></ul><h2>Greenhouse gas emissions</h2><div class="OutlineElement Ltr SCXW9369743 BCX0" id="isPasted"><p class="Paragraph SCXW9369743 BCX0">In FY2023, against our Target Forward 2030 GHG goals, we reduced GHG emissions from our own operations (scope 1 and 2) by 38%; and GHG emissions from our supply chain (scope 3) emissions have decreased from the baseline year 2017 by 3.9%. Our net zero emissions<sup>4</sup> goal is ambitious, and we recognize the challenge ahead in reducing emissions while still growing our business. </p></div><div class="SCXW79555068 BCX0" id="isPasted"><div class="OutlineElement Ltr SCXW79555068 BCX0"><h2 aria-level="2" class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="heading 2">Our </span><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="heading 2">o</span><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="heading 2">perations</span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"134245418":true,"134245529":true,"201341983":0,"335559738":40,"335559739":0,"335559740":259}"> </span></h2></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><p class="Paragraph SCXW79555068 BCX0">Our emissions reduction strategy centers on reducing energy consumption in our stores and supply chain facilities and expanding our sourcing of renewable energy. Our internal Sustainable Building Council, a cross-functional team within Target Properties, coordinates sustainability strategies and helps develop priorities and roadmaps to meet our long-term goals. </p></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><p class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">To reduce our impact and achieve net zero emissions<sup>4</sup> in our </span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW79555068 BCX0">owned</span><span class="NormalTextRun SCXW79555068 BCX0"> operations, we are transitioning to </span><span class="NormalTextRun SCXW79555068 BCX0">natural (100% </span><span class="NormalTextRun SCXW79555068 BCX0">CO</span></span><span class="TrackedChange SCXW79555068 BCX0"><span class="TextRun Highlight SCXW79555068 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun Subscript SCXW79555068 BCX0" data-fontsize="11"><sub>2</sub></span></span></span><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">)</span><span class="NormalTextRun SCXW79555068 BCX0"> refrigerants, pushing innovation through energy efficient initiatives, and investing in renewable energy. </span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="ListContainerWrapper SCXW79555068 BCX0"><ul class="BulletListStyle1 SCXW79555068 BCX0"><li aria-setsize="-1" class="OutlineElement Ltr SCXW79555068 BCX0" data-aria-level="1" data-aria-posinset="1" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="19"><p class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun CommentStart SCXW79555068 BCX0">We have joined with more than 50 food retailers in the </span></span><a class="Hyperlink SCXW79555068 BCX0" href="http://www.epa.gov/greenchill" rel="noopener noreferrer" target="_blank"><span class="FieldRange SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">Environmental Protection Agency’s </span><span class="NormalTextRun SCXW79555068 BCX0">GreenChill</span><span class="NormalTextRun SCXW79555068 BCX0"> program</span></span></span></a><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">, working to reduce refrigerant emissions and transition to CO<sub>2</sub> refrigerants that have less impact on the environment, and have 130+ stores certified or pending certification to date.</span></span></p></li><li aria-setsize="-1" class="OutlineElement Ltr SCXW79555068 BCX0" data-aria-level="1" data-aria-posinset="2" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="19"><p class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">In 2022, we completed the remodel of T2165 Vista, CA, designed to be our </span></span><a class="Hyperlink SCXW79555068 BCX0" href="/article/2022/03/net-zero-store"><span class="FieldRange SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">first net zero energy store </span></span></span></a><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">(a store that generates more energy than it needs to </span><span class="NormalTextRun SCXW79555068 BCX0">operate</span><span class="NormalTextRun SCXW79555068 BCX0"> each year through renewable sources). </span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> The store incorporates both rooftop and parking lot canopy solar panels, with more than 3,400 solar panels now fully operational, and is successfully producing more than 100% of the site's energy needs. </span></p></li></ul></div></div><div class="SCXW79555068 BCX0"><div class="ListContainerWrapper SCXW79555068 BCX0"><ul class="BulletListStyle1 SCXW79555068 BCX0"><li aria-setsize="-1" class="OutlineElement Ltr SCXW79555068 BCX0" data-aria-level="1" data-aria-posinset="1" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="19"><p class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">I</span><span class="NormalTextRun SCXW79555068 BCX0">n 2023, we joined the Department of Energy’s </span></span><a class="Hyperlink SCXW79555068 BCX0" href="https://betterbuildingssolutioncenter.energy.gov/partners/target-corporation" rel="noopener noreferrer" target="_blank"><span class="FieldRange SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">Better Climate Challenge</span></span></span></a><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">, committing to reduce our scope 1 and 2 emissions by at least 50% below 2017 levels by 2030. </span></span></p></li><li aria-setsize="-1" class="OutlineElement Ltr SCXW79555068 BCX0" data-aria-level="1" data-aria-posinset="1" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="19"><p class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">We supported the development of the Department of Energy’s Better Buildings Commercial Building Heat Pump Accelerator, which aims to bring more efficient and affordable heat pump rooftop units to market, reducing associated GHG emissions and energy costs by up to 50%. </span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></li></ul><p class="Paragraph SCXW79555068 BCX0"><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}">We upgrade to HFC-free refrigeration systems whenever technically feasible and have a long-term strategy to have all stores converted to natural refrigerants by 2040, which would reduce our direct operations’ emissions by an expected 20%. This includes 100% CO<sub>2</sub> refrigeration — a natural refrigerant — with ultra-low global warming potential, which significantly reduces our stores’ direct emissions impact.<br></span></p></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><h3 class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">Running on solar and wind power</span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></h3></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><p class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">As part of our commitment to supporting our communities and committing to </span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW79555068 BCX0">achieve</span><span class="NormalTextRun SCXW79555068 BCX0"> net zero GHG emissions<sup>4</sup> across our enterprise, Target has a long-term interest in designing and operating energy-efficient and sustainable buildings. We </span><span class="NormalTextRun SCXW79555068 BCX0">have </span><span class="NormalTextRun SCXW79555068 BCX0">achieved </span></span><a class="Hyperlink SCXW79555068 BCX0" href="/sustainability-governance/strategy-target-forward"><span class="FieldRange SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">our goals</span></span></span></a><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0"> to support renewable energy by increasing the number of buildings with rooftop solar panels to more than 580 and </span><span class="NormalTextRun SCXW79555068 BCX0">source 60% of electricity from renewable sources for operations </span><span class="NormalTextRun SCXW79555068 BCX0">at our U.S. stores and distribution centers.</span><span class="NormalTextRun SCXW79555068 BCX0"> We</span><span class="NormalTextRun SCXW79555068 BCX0"> </span><span class="NormalTextRun SCXW79555068 BCX0">are now working toward a goal to source 100% of our electricity from renewable sources for operations.</span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><p class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">We’re</span><span class="NormalTextRun SCXW79555068 BCX0"> increasingly meeting a </span><span class="NormalTextRun SCXW79555068 BCX0">portion</span><span class="NormalTextRun SCXW79555068 BCX0"> of our energy needs with solar power. Currently, our stores that use solar power generate between 15% and 100% of their electricity from solar. In some instances, Target may not </span><span class="NormalTextRun SCXW79555068 BCX0">retain</span><span class="NormalTextRun SCXW79555068 BCX0"> the renewable energy certificates for the energy generated from our rooftop solar power. In those cases, Target may sell the renewable energy certificates to other entities and thus transfer the rights to characterize that electricity as renewable.</span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><p class="Paragraph SCXW79555068 BCX0">We are continuing to grow our portfolio of offsite solar and wind projects, and have signed contracts for several large <a class="Hyperlink SCXW79555068 BCX0" href="/article/2021/03/renewable-projects"><span class="FieldRange SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)">renewable energy projects</span></span></span></a><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)"> </span></span>across the country that, once operating, will contribute to progress toward our 100% renewable electricity goal.</p></div></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><h3 class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">More efficient transportation</span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></h3></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><p class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)">While we </span><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)">don’t</span><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)"> own or </span><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)">operate</span><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)"> the fleets that carry our freight, we work closely with carriers, </span><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)">vendors</span><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)"> and other partners to help put more efficient processes in place. In 2008, we joined the EPA's </span></span><a class="Hyperlink SCXW79555068 BCX0" href="http://www.epa.gov/smartway/" rel="noopener noreferrer" target="_blank"><span class="FieldRange SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)">SmartWay Transportation Partnership</span></span></span></a><span class="TextRun SCXW79555068 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0" data-ccp-parastyle="Normal (Web)">, </span></span>which includes an annual carbon footprint assessment of domestic transportation operations. In addition, we began offsetting our jet travel in 2019 through our ongoing partnership with Arbor Day Foundation. </p><p>We are also making progress on our electric vehicle (EV) charging program, which began in 2013. We’re continuing to expand our electric vehicle charging network, which includes more than 1,800 spaces across <a href="https://www.target.com/store-locator/find-stores?capabilities=EV+Charging">more than 220 stores to date</a>. </p><p>In 2024, we joined the Smart Freight Centre (SFC), a global NGO dedicated to driving industry knowledge, transparency, and setting industry standards (frameworks, methodologies) that will help us track and enable our work to reduce our transportation GHG emissions to reach Net Zero Emissions by 2050. </p></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><h3 class="Paragraph SCXW79555068 BCX0"><span class="TextRun SCXW79555068 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun SCXW79555068 BCX0">Earning the ENERGY STAR</span></span><span class="EOP SCXW79555068 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></h3></div><div class="OutlineElement Ltr SCXW79555068 BCX0"><p class="Paragraph SCXW79555068 BCX0">Conserving energy is important, so we partner with the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy to make our buildings more energy efficient. More than 1,500 of our stores have already earned ENERGY STAR certification (that’s more than 80% of our U.S. buildings), and feature sustainability initiatives such as LED lights, high efficiency HVAC equipment and energy saving controls. ENERGY STAR recognized Target as a Partner of the Year in 2024, our ninth straight year receiving this accolade. </p></div> </div> <div class="" id="2023_goal_progress"></div> <div class="fr-view"> <div class="OutlineElement Ltr SCXW245176243 BCX0" id="isPasted"><h2 aria-level="2" class="Paragraph TrackedChange SCXW245176243 BCX0"><span class="TextRun SCXW245176243 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun SCXW245176243 BCX0" data-ccp-parastyle="heading 2">S</span><span class="NormalTextRun SCXW245176243 BCX0" data-ccp-parastyle="heading 2">upplier collaboration </span><span class="NormalTextRun SCXW245176243 BCX0" data-ccp-parastyle="heading 2">to</span><span class="NormalTextRun SCXW245176243 BCX0" data-ccp-parastyle="heading 2"> deliver on our </span><span class="NormalTextRun SCXW245176243 BCX0" data-ccp-parastyle="heading 2">scope 3 </span><span class="NormalTextRun SCXW245176243 BCX0" data-ccp-parastyle="heading 2">commitment</span><span class="NormalTextRun SCXW245176243 BCX0" data-ccp-parastyle="heading 2">s</span></span><span class="EOP SCXW245176243 BCX0" data-ccp-props="{"134245418":true,"134245529":true,"201341983":0,"335559738":40,"335559739":0,"335559740":259}"> </span></h2></div><div class="OutlineElement Ltr SCXW245176243 BCX0"><div class="OutlineElement Ltr SCXW118912062 BCX0" id="isPasted"><p class="Paragraph SCXW118912062 BCX0"><span data-contrast="auto" lang="EN-US" class="TextRun SCXW118912062 BCX0"><span class="NormalTextRun SCXW118912062 BCX0">We take a multi-faceted approach to emissions reduction</span><span class="NormalTextRun SCXW118912062 BCX0">s and</span><span class="NormalTextRun SCXW118912062 BCX0"> focus on </span><span class="NormalTextRun SCXW118912062 BCX0">our</span><span class="NormalTextRun SCXW118912062 BCX0"> highest carbon impacts</span><span class="NormalTextRun SCXW118912062 BCX0">. </span><span class="NormalTextRun SCXW118912062 BCX0">Our supply chain partners are joining us to </span><span class="NormalTextRun SCXW118912062 BCX0">expedite</span><span class="NormalTextRun SCXW118912062 BCX0"> the work already in place to lower our collective impact, including </span><span class="NormalTextRun SCXW118912062 BCX0">maintaining</span><span class="NormalTextRun SCXW118912062 BCX0"> responsible sourcing, efficiency, increasing renewable energy use and </span><span class="NormalTextRun SCXW118912062 BCX0">monitoring</span><span class="NormalTextRun SCXW118912062 BCX0"> raw materials programs.</span></span><span class="EOP SCXW118912062 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="OutlineElement Ltr SCXW118912062 BCX0"><p class="Paragraph SCXW118912062 BCX0"><span data-contrast="auto" lang="EN-US" class="TextRun SCXW118912062 BCX0"><span class="NormalTextRun AdvancedProofingIssueV2Themed SCXW118912062 BCX0">We are supporting our suppliers in calculating their carbon footprint and setting science-</span><span class="NormalTextRun AdvancedProofingIssueV2Themed SCXW118912062 BCX0">aligned</span><span class="NormalTextRun AdvancedProofingIssueV2Themed SCXW118912062 BCX0"> emission reduction targets, so that they have the ability to measure and report progress as we work together to transition to a low-carbon economy.</span><span class="NormalTextRun SCXW118912062 BCX0"> </span><span class="NormalTextRun SCXW118912062 BCX0">In FY2023, w</span><span class="NormalTextRun SCXW118912062 BCX0">e made meaningful progress against our 2023 goal of 80% of our suppliers by spend</span><span class="NormalTextRun SCXW118912062 BCX0"> setting science-based scope 1 and 2 targets, as suppliers that account for 71% of our spend, equating to 734 suppliers, have set these targets – one milestone on our path to achieving net zero GHG emissions</span><span class="NormalTextRun SCXW118912062 BCX0"> by 2040. </span><span class="NormalTextRun SCXW118912062 BCX0">O</span><span class="NormalTextRun SCXW118912062 BCX0">ur suppliers have reported improvements in their scope 1 and 2 </span><span class="NormalTextRun CommentStart SCXW118912062 BCX0">emissions </span><span class="NormalTextRun SCXW118912062 BCX0">reduction</span><span class="NormalTextRun SCXW118912062 BCX0"> efforts </span><span class="NormalTextRun SCXW118912062 BCX0">relative</span><span class="NormalTextRun SCXW118912062 BCX0"> to the 2017 baseline, which led to </span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW118912062 BCX0">6</span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW118912062 BCX0">.</span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW118912062 BCX0">3</span><span class="NormalTextRun SCXW118912062 BCX0">% reduction</span><span class="NormalTextRun SCXW118912062 BCX0">.</span></span><span class="EOP SCXW118912062 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="OutlineElement Ltr SCXW118912062 BCX0"><p class="Paragraph SCXW118912062 BCX0"><span data-contrast="auto" lang="EN-US" class="TextRun SCXW118912062 BCX0"><span class="NormalTextRun CommentStart SCXW118912062 BCX0">While we have not yet reached our 80% goal, our </span><span class="NormalTextRun SCXW118912062 BCX0">collaboration with suppliers is ongoing, inclusive of providing tools and resources that can help support our suppliers in setting science-aligned goals and emissions reduction strategies.</span><span class="NormalTextRun SCXW118912062 BCX0"> </span><span class="NormalTextRun CommentStart SCXW118912062 BCX0">In service of this goal, we </span><span class="NormalTextRun SCXW118912062 BCX0">request</span><span class="NormalTextRun SCXW118912062 BCX0"> that </span><span class="NormalTextRun AdvancedProofingIssueV2Themed SCXW118912062 BCX0">all of</span><span class="NormalTextRun SCXW118912062 BCX0"> these suppliers complete the CDP Climate Questionnaire, which we use to inform progress on our scope 3 targets and gain greater visibility into our supply chain emissions.</span><span class="NormalTextRun SCXW118912062 BCX0"> Increasingly, </span><span class="NormalTextRun SCXW118912062 BCX0">we’re</span><span class="NormalTextRun SCXW118912062 BCX0"> evolving our conversations with suppliers from “why” to “how,” </span><span class="NormalTextRun SCXW118912062 BCX0">identifying</span><span class="NormalTextRun SCXW118912062 BCX0"> actionable steps they can take to prioritize pathways to emissions reduction. </span><span class="NormalTextRun SCXW118912062 BCX0">We’re</span><span class="NormalTextRun SCXW118912062 BCX0"> expanding our network of external partners and investing in initiatives that will provide our suppliers with </span><span class="NormalTextRun SCXW118912062 BCX0">additional</span><span class="NormalTextRun SCXW118912062 BCX0"> tools and resources.</span></span><span class="EOP SCXW118912062 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><p class="Paragraph SCXW245176243 BCX0"><a class="Hyperlink SCXW245176243 BCX0 link-cta" href="/sustainability-governance/responsible-resource-use"><span class="FieldRange SCXW245176243 BCX0"><span class="TextRun Underlined SCXW245176243 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun CommentStart CommentHighlightPipeRest CommentHighlightRest SCXW245176243 BCX0" data-ccp-charstyle="Hyperlink">Learn more about our work to reduce our supply chain footprint</span></span></span></a><span class="EOP CommentStart CommentHighlightPipeRest SCXW245176243 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="OutlineElement Ltr SCXW245176243 BCX0"><br></div><div class="OutlineElement Ltr SCXW245176243 BCX0"><p class="Paragraph SCXW245176243 BCX0"><span class="TextRun SCXW245176243 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW245176243 BCX0">As part of our Target Forward ambition to partner across the value chain to design solutions that </span><span class="NormalTextRun SCXW245176243 BCX0">eliminate</span><span class="NormalTextRun SCXW245176243 BCX0"> waste, we are committed to </span><span class="NormalTextRun SCXW245176243 BCX0">eliminating</span><span class="NormalTextRun SCXW245176243 BCX0"> problematic plastic in our packaging, in service of our work to reduce climate impacts across our operations and supply chain.</span><span class="NormalTextRun SCXW245176243 BCX0"> Our suppliers also play an integral role in helping Target achieve our waste reduction, </span><span class="NormalTextRun SCXW245176243 BCX0">recycling</span><span class="NormalTextRun SCXW245176243 BCX0"> </span><span class="NormalTextRun SCXW245176243 BCX0">and reuse program goals.</span></span><span class="EOP SCXW245176243 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="OutlineElement Ltr SCXW245176243 BCX0"><p class="Paragraph SCXW245176243 BCX0"><a class="link-cta" href="/sustainability-governance/circularity">Learn how we’re designing for circularity and addressing waste throughout our value chain </a></p></div> </div> </div> </div> </div> </section> <section class="section section-1-col spacing-option-0 background-option-1 "> <div class="container"> <div class="section--content flex-grid flex-flex-direction-column--xs flex-row-gap-default"> <div class="flex-col"> <div class="fr-view"> <h3 id="isPasted">Strategic partnerships focused on reducing Scope 3 emissions</h3><p id="isPasted">Target is a member of a coalition of 18 cargo owners and customers that have signed the Aspen Institute’s Cargo Owners for Zero Emission Vessels (coZEV) 2040 Ambition Statement to accelerate the transition to zero carbon maritime shipping by 2040. Participating in coZEV is an important part of accelerating our work to create a more sustainable, circular supply chain that furthers the health of our business and the global community. </p><p>Target continues to serve as a lead contributor to the Apparel Impact Institute’s (Aii) Fashion Climate Fund, which identifies, funds and scales proven solutions that lower carbon emissions across the supply chain in the textile, apparel and footwear sectors. Since 2018, Target has sponsored more than 150 factories across 13 countries in programs that have reduced our emissions by more than 340,000 tons of CO<sub>2</sub>, equivalent to taking more than 80,000 gasoline-powered passenger vehicles off the road for one year.</p><p>As part of our continued partnership with our Tier 1 and 2 suppliers to increase the uptake of cost-effective renewable energy, Target has launched Forward Renew, a program that aims to support Target suppliers with their transition to renewable electricity. The Forward Renew program (previously called Supply Chain Renewables Initiative) provides suppliers with critical education, resources and support to explore the renewable electricity market, and the subject matter expertise to evaluate which options best align with unique business needs. Target is also among leading corporations that have united to spearhead the Clean Energy Buyers Institute's (CEBI) Clean Energy Procurement Academy, an initiative launched in 2023 to support decarbonization of global supply chains by encouraging supplier renewable energy purchases. The Academy will educate supplier partners on climate and financial benefits from renewable energy purchases. </p><p>In 2024, we joined the <a href="https://www.renewablethermal.org/#primary" target="_blank" rel="noopener noreferrer">Renewable Thermal Collaborative</a>, which is working to enable renewable heating and cooling in operations, solving problems, and driving down GHG emissions. </p><p>Target is also engaged, alongside other major companies, in the Nebraska Soil Carbon Project, a five-year, $8.5 million project to support Nebraska farmers in advancing soil health techniques. Target also provided an additional $1.7 million in collaboration with MBOLD, The Nature Conservancy and Hormel Foods, to encourage Minnesota farmers to adopt regenerative farming practices</p> </div> </div> </div> </div> </section> <section class="section section-1-col "> <div class="container"> <div class="section--content flex-grid flex-flex-direction-column--xs flex-row-gap-default"> <div class="flex-col"> <div class="fr-view"> <div class="cms-content padding-option-1 text-default" id="isPasted"><div class="container"><p><br></p></div></div><div class="cms-content padding-option-1 text-default"><div class="container"><h2>Climate-related risks and opportunities</h2><div class="SCXW90204084 BCX0" id="isPasted"><div class="OutlineElement Ltr SCXW90204084 BCX0"><p class="Paragraph SCXW90204084 BCX0"><span class="TextRun SCXW90204084 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW90204084 BCX0">To further enhance our climate strategy, we are addressing climate-related risks and resilience in our buildings and other properties. </span><span class="NormalTextRun SCXW90204084 BCX0">As we </span><span class="NormalTextRun SCXW90204084 BCX0">further </span><span class="NormalTextRun SCXW90204084 BCX0">build out our net zero<sup>4</sup> goal roadmap, we will continue to evaluate our climate-related risks and opportunities in line with the recommendations of the Task Force on Climate-related Financial Disclosures (</span></span><a class="Hyperlink SCXW90204084 BCX0" href="https://www.fsb-tcfd.org/" rel="noreferrer noopener" target="_blank"><span class="TextRun Underlined SCXW90204084 BCX0" data-contrast="none" lang="EN-US"><span class="NormalTextRun SCXW90204084 BCX0" data-ccp-charstyle="Hyperlink">TCFD</span></span></a><span class="TextRun SCXW90204084 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW90204084 BCX0">). </span><span class="NormalTextRun SCXW90204084 BCX0">Our sustainability team periodically engages independent third-party consultants to conduct risk and opportunities assessments</span><span class="NormalTextRun SCXW90204084 BCX0"> </span><span class="NormalTextRun SCXW90204084 BCX0">that align with TCFD</span><span class="NormalTextRun SCXW90204084 BCX0"> </span><span class="NormalTextRun SCXW90204084 BCX0">and assess:</span></span><span class="EOP SCXW90204084 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></div><div class="ListContainerWrapper SCXW90204084 BCX0"><ul class="BulletListStyle1 SCXW90204084 BCX0"><li aria-setsize="-1" class="OutlineElement Ltr SCXW90204084 BCX0" data-aria-level="1" data-aria-posinset="1" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559682":4,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="4"><p class="Paragraph SCXW90204084 BCX0"><span class="TextRun SCXW90204084 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW90204084 BCX0">Transition risks encompass what may occur </span><span class="NormalTextRun SCXW90204084 BCX0">as a result of</span><span class="NormalTextRun SCXW90204084 BCX0"> a transition to a low-carbon economy.</span><span class="NormalTextRun SCXW90204084 BCX0"> </span></span></p></li><li aria-setsize="-1" class="OutlineElement Ltr SCXW90204084 BCX0" data-aria-level="1" data-aria-posinset="2" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559682":4,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="4"><p class="Paragraph SCXW90204084 BCX0"><span class="TextRun SCXW90204084 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW90204084 BCX0">Physical risks include both acute and chronic risks, such as natural disasters (acute) and longer-term impacts of a shift towards a warming climate (chronic). </span></span><span class="EOP SCXW90204084 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></li></ul></div></div><div class="SCXW90204084 BCX0"><div class="ListContainerWrapper SCXW90204084 BCX0"><ul class="BulletListStyle1 SCXW90204084 BCX0"><li aria-setsize="-1" class="OutlineElement Ltr SCXW90204084 BCX0" data-aria-level="1" data-aria-posinset="1" data-font="Symbol" data-leveltext="" data-list-defn-props="{"335552541":1,"335559682":4,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-listid="4"><p class="Paragraph SCXW90204084 BCX0"><span class="TextRun SCXW90204084 BCX0" data-contrast="auto" lang="EN-US"><span class="NormalTextRun SCXW90204084 BCX0">Opportunities considered relate to Target’s efforts to mitigate and adapt to climate change</span><span class="NormalTextRun SCXW90204084 BCX0">. </span><span class="NormalTextRun SCXW90204084 BCX0"> </span></span><span class="EOP SCXW90204084 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p></li></ul></div><div class="OutlineElement Ltr SCXW90204084 BCX0"><p class="Paragraph SCXW90204084 BCX0">We also engage with a multi-disciplinary set of upstream, downstream, and supply chain business functions to understand each risk and opportunity type as it may manifest for Target. Through these efforts, we are taking steps to build resilience into our operating model, our stores, our supply chain facilities and our value chain. </p></div></div></div></div><div class="cms-content padding-option-1 text-default"><div class="container"><h3>What are scopes?</h3><p>Our GHG emissions are broken down into three categories, called scopes.</p><ul><li><strong>Scope 1</strong>: Emissions generated from Target facilities.</li><li><strong>Scope 2</strong>: Emissions from energy we purchase to power Target facilities.</li><li><strong>Scope 3:</strong> Emissions generated from the entire supply chain, such as the creation of the products and services we sell.</li></ul></div></div> </div> <div class="horizontal-rule"> <hr class="horizontal-rule--hr layout-option-2 margin-top-option-1 margin-bottom-option-1" /> </div> </div> </div> </div> </section> <section class="section section-1-col spacing-option-2 background-option-0 "> <div class="container"> <div class="section--header"> <h2 class='section--header-title h2 text-center'>Additional Resources</h2> </div> <div class="section--content flex-grid flex-flex-direction-column--xs flex-row-gap-default"> <div class="flex-col"> <script> (function() { const evt = // new CustomEvent('initWidgetEvent', { detail: { widgetSelector: '#id-0a5dfcb6-4e94-434c-afe9-ffa96aa5ec71', widgetName: 'AccordionWidget', } }) // document.addEventListener('readystatechange', event => { if (event.target.readyState === 'complete') { window.dispatchEvent(evt); } }); // if (document.readyState === 'complete') { window.dispatchEvent(evt); } })(); </script> <div class="accordion" id="id-0a5dfcb6-4e94-434c-afe9-ffa96aa5ec71"> <h3 class="accordion--headline"> <span class="accordion--headline-text">California Voluntary Carbon Market Disclosures Act</span> <button class="accordion--trigger" id="id-0a5dfcb6-4e94-434c-afe9-ffa96aa5ec71-trigger" aria-expanded="false" controls="id-0a5dfcb6-4e94-434c-afe9-ffa96aa5ec71-content"> <span class="accordion--trigger-text">California Voluntary Carbon Market Disclosures Act</span> <span class="accordion--label-open sr-only">click to collapse</span> <span class="accordion--label-closed sr-only">click to expand</span> <svg aria-hidden="true" focusable="false" class="svg-icon accordion--icon"><use xlink:href="/assets/images/svg/svg-icon-sprite.svg#chevron-down"></use></svg> </button> </h3> <div class="accordion--content" id="id-0a5dfcb6-4e94-434c-afe9-ffa96aa5ec71-content" role="region" aria-labelledby="id-0a5dfcb6-4e94-434c-afe9-ffa96aa5ec71-trigger"> <p><strong>Target’s VCMDA Statement</strong></p><p>Target measures and reports GHG emissions data each year in accordance with the World Business Council for Sustainable Development and World Resources Institute’s GHG Protocol. Target receives support for our calculations from external partners and receives limited assurance of portions of our emissions. Details regarding Target’s emissions reductions data, calculations and methodology can be found in our annual CDP report.</p> </div> </div> <script> (function() { const evt = // new CustomEvent('initWidgetEvent', { detail: { widgetSelector: '#id-5f25d799-84c1-4593-bca0-5e02feefed68', widgetName: 'AccordionWidget', } }) // document.addEventListener('readystatechange', event => { if (event.target.readyState === 'complete') { window.dispatchEvent(evt); } }); // if (document.readyState === 'complete') { window.dispatchEvent(evt); } })(); </script> <div class="accordion" id="id-5f25d799-84c1-4593-bca0-5e02feefed68"> <h3 class="accordion--headline"> <span class="accordion--headline-text">CDP Reports — Climate </span> <button class="accordion--trigger" id="id-5f25d799-84c1-4593-bca0-5e02feefed68-trigger" aria-expanded="false" controls="id-5f25d799-84c1-4593-bca0-5e02feefed68-content"> <span class="accordion--trigger-text">CDP Reports — Climate </span> <span class="accordion--label-open sr-only">click to collapse</span> <span class="accordion--label-closed sr-only">click to expand</span> <svg aria-hidden="true" focusable="false" class="svg-icon accordion--icon"><use xlink:href="/assets/images/svg/svg-icon-sprite.svg#chevron-down"></use></svg> </button> </h3> <div class="accordion--content" id="id-5f25d799-84c1-4593-bca0-5e02feefed68-content" role="region" aria-labelledby="id-5f25d799-84c1-4593-bca0-5e02feefed68-trigger"> <p id="isPasted">Each year, Target discloses our efforts to CDP, a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts:</p><p><a class="link-download" href="/getmedia/c70c48ab-0e10-4576-9e92-789e30665964/2023-CDP-Climate-Response.pdf">2023 CDP Response: Climate</a></p><p id="isPasted"><a class="pdf link-download" href="/getmedia/9fecfc3e-8855-48b1-a8c7-dca158e77564/2022-CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank">2022 CDP Response: Climate</a></p><p><a class="pdf link-download" href="/getmedia/829a7e88-5a6d-4960-b222-21102555bacb/2021-CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank" title="link opens in new window">2021 CDP Response: Climate</a></p><p><a class="pdf link-download" href="/getmedia/dfd2ddeb-fa6a-4fc3-8f97-644cdea91591/2020-CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank" title="link opens in new window">2020 CDP Response: Climate</a></p><p><a class="pdf link-download" href="/getmedia/fb8a75e5-b807-472e-ba3e-27b134440dca/2019-CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank" title="link opens in new window">2019 CDP Response: Climate</a></p><p><a class="pdf link-download" href="/getmedia/21556165-0fe0-4fc8-ae6e-b4faf27bda11/2018-CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank" title="link opens in new window">2018 CDP Response: Climate</a></p><p><a class="pdf link-download" href="/getmedia/30899e1e-eaa4-4588-b3a8-aa81d7e41953/2017_CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank" title="link opens in new window">2017 CDP Response: Climate</a></p><p><a class="pdf link-download" href="/getmedia/b4c24c90-df52-43b0-b6c6-cd0892971648/2016-CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank" title="link opens in new window">2016 CDP Response: Climate</a></p><p><a class="pdf link-download" href="/getmedia/2e1def09-6722-4986-a6b8-22cb9a9d01be/2015-CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank" title="link opens in new window">2015 CDP Response: Climate</a></p><p><a class="pdf link-download" href="/getmedia/62e36048-6fd7-467f-ab94-f1e8fdf1fc2a/2014-CDP-Climate-Response.pdf" rel="noopener noreferrer" target="_blank" title="link opens in new window">2014 CDP Response: Climate</a><br><br></p><p><span class="TextRun SCXW33141760 BCX0" data-contrast="auto" id="isPasted" lang="EN-US"><span class="NormalTextRun SCXW33141760 BCX0">Looking for Target’s disclosures related to leading frameworks and standards? Our Reporting & Progress page has our latest </span><span class="NormalTextRun SCXW33141760 BCX0">reporting</span><span class="NormalTextRun SCXW33141760 BCX0"> and </span><span class="NormalTextRun SCXW33141760 BCX0">downloadable </span><span class="NormalTextRun SCXW33141760 BCX0">metrics.</span></span><span class="EOP SCXW33141760 BCX0" data-ccp-props='{"201341983":0,"335559739":160,"335559740":259}'> </span></p><p><a class="link-arrow-right link-cta" href="/sustainability-governance/governance-and-reporting/reporting-progress">Dig into our metrics</a></p> </div> </div> <script> (function() { const evt = // new CustomEvent('initWidgetEvent', { detail: { widgetSelector: '#id-6a98becf-764c-4255-a694-a91505afc61a', widgetName: 'AccordionWidget', } }) // document.addEventListener('readystatechange', event => { if (event.target.readyState === 'complete') { window.dispatchEvent(evt); } }); // if (document.readyState === 'complete') { window.dispatchEvent(evt); } })(); </script> <div class="accordion" id="id-6a98becf-764c-4255-a694-a91505afc61a"> <h3 class="accordion--headline"> <span class="accordion--headline-text">Independent Greenhouse Gas Emissions Verification Statements</span> <button class="accordion--trigger" id="id-6a98becf-764c-4255-a694-a91505afc61a-trigger" aria-expanded="false" controls="id-6a98becf-764c-4255-a694-a91505afc61a-content"> <span class="accordion--trigger-text">Independent Greenhouse Gas Emissions Verification Statements</span> <span class="accordion--label-open sr-only">click to collapse</span> <span class="accordion--label-closed sr-only">click to expand</span> <svg aria-hidden="true" focusable="false" class="svg-icon accordion--icon"><use xlink:href="/assets/images/svg/svg-icon-sprite.svg#chevron-down"></use></svg> </button> </h3> <div class="accordion--content" id="id-6a98becf-764c-4255-a694-a91505afc61a-content" role="region" aria-labelledby="id-6a98becf-764c-4255-a694-a91505afc61a-trigger"> <p id="isPasted">We partner with Optera, a provider of emissions management tools, to independently verify the accuracy of our reported GHG emissions in accordance with ISO 14064-1 guidance and The Climate Registry General Reporting Protocol:</p><p><a class="link-download" href="/getmedia/b852c215-fa05-43f4-a934-6b0f0d86a7b4/GHGVerificationStatement-Target-2023_Final-FINAL-ua.pdf" rel="noopener noreferrer" id="isPasted" target="_blank">2023 Independent Greenhouse Gas Emissions Verification Statement</a></p><p><a class="link-download" href="/getmedia/dc3c67eb-c7d8-4dc7-9a09-7683f64b7317/2022-Independent-Greenhouse-Gas-Emissions-Verification-Statement.pdf" rel="noopener noreferrer" target="_blank">2022 Independent Greenhouse Gas Emissions Verification Statement</a></p><p><a class="link-download" href="/getmedia/37fdf703-13e5-48c7-baaa-7a671118aa87/2021-Independent-Greenhouse-Gas-Emissions-Verification-Statement.pdf" rel="noopener noreferrer" target="_blank">2021 Independent Greenhouse Gas Emissions Verification Statement</a></p> </div> </div> <script> (function() { const evt = // new CustomEvent('initWidgetEvent', { detail: { widgetSelector: '#id-8e3d0984-ced7-4d0e-bdd8-aeafa531333a', widgetName: 'AccordionWidget', } }) // document.addEventListener('readystatechange', event => { if (event.target.readyState === 'complete') { window.dispatchEvent(evt); } }); // if (document.readyState === 'complete') { window.dispatchEvent(evt); } })(); </script> <div class="accordion" id="id-8e3d0984-ced7-4d0e-bdd8-aeafa531333a"> <h3 class="accordion--headline"> <span class="accordion--headline-text">Meet our partners</span> <button class="accordion--trigger" id="id-8e3d0984-ced7-4d0e-bdd8-aeafa531333a-trigger" aria-expanded="false" controls="id-8e3d0984-ced7-4d0e-bdd8-aeafa531333a-content"> <span class="accordion--trigger-text">Meet our partners</span> <span class="accordion--label-open sr-only">click to collapse</span> <span class="accordion--label-closed sr-only">click to expand</span> <svg aria-hidden="true" focusable="false" class="svg-icon accordion--icon"><use xlink:href="/assets/images/svg/svg-icon-sprite.svg#chevron-down"></use></svg> </button> </h3> <div class="accordion--content" id="id-8e3d0984-ced7-4d0e-bdd8-aeafa531333a-content" role="region" aria-labelledby="id-8e3d0984-ced7-4d0e-bdd8-aeafa531333a-trigger"> <p id="isPasted">Meet the partners helping drive our climate and energy goals:</p><ul><li id="isPasted"><a href="https://www.anthesisgroup.com/" target="_blank" rel="noopener noreferrer">Anthesis </a></li><li><a href="https://apparelimpact.org/" target="_blank" rel="noopener noreferrer">Apparel Impact Institute (Aii) </a></li><li><a href="https://www.arborday.org/" target="_blank" rel="noopener noreferrer">Arbor Day Foundation </a></li><li><a href="https://www.cozev.org/" target="_blank" rel="noopener noreferrer">Aspen Institute's Cargo Owners for Zero Emission Vessels (coZEV) </a></li><li><a href="https://cascale.org/" target="_blank" rel="noopener noreferrer">Cascale</a></li><li id="isPasted"><a href="https://www.cdp.net/en" target="_blank" rel="noopener noreferrer">CDP</a> </li><li><a href="https://www.ceres.org/homepage" target="_blank" rel="noopener noreferrer">Ceres </a></li><li><a href="https://cebuyers.org/" target="_blank" rel="noopener noreferrer">Clean Energy Buyers Association (CEBA)</a> and <a href="https://cebi.org/" target="_blank" rel="noopener noreferrer">Clean Energy Buyers Institute (CEBI)</a></li><li id="isPasted"><a href="https://www.goldstandard.org/" target="_blank" rel="noopener noreferrer">Gold Standard </a></li><li><a href="https://nasrc.org/">North American Sustainable Refrigeration Council </a></li><li><a href="https://unfccc.int/climate-action/race-to-zero-campaign" target="_blank" rel="noopener noreferrer">Race to Zero </a></li><li><a href="https://sciencebasedtargets.org/" target="_blank" rel="noopener noreferrer">Science Based Targets Initiative </a></li><li><a href="https://www.nature.org/en-us/" target="_blank" rel="noopener noreferrer">The Nature Conservancy </a></li><li><a href="https://unfccc.int/climate-action/sectoral-engagement/global-climate-action-in-fashion/about-the-fashion-industry-charter-for-climate-action" target="_blank" rel="noopener noreferrer">UNFCCC Fashion Industry Charter on Climate Action </a></li><li><a href="https://www.wri.org/" target="_blank" rel="noopener noreferrer">World Resources Institute (WRI) </a></li><li><a href="https://www.worldwildlife.org/" target="_blank" rel="noopener noreferrer">World Wildlife Fund (WWF) </a></li><li><a href="https://betterbuildingssolutioncenter.energy.gov/" target="_blank" rel="noopener noreferrer">U.S. Department of Energy Better Buildings </a></li></ul> </div> </div> </div> </div> </div> </section> <section class="section section-1-col "> <div class="container"> <div class="section--content flex-grid flex-flex-direction-column--xs flex-row-gap-default"> <div class="flex-col"> <div class="fr-view"> <div class="OutlineElement Ltr SCXW267759264 BCX0" id="isPasted"><p class="Paragraph SCXW267759264 BCX0 text-small">1 Metrics for renewable energy consumption and scope 1 and 2 is for domestic (U.S.) operations that we have operational control of under The Climate Registry General Reporting Protocol, with the exception of our wholly owned subsidiary Shipt, Inc. (“Shipt”). </p><p class="text-small">2 To calculate the percentage of renewable electricity in Target’s operations, we evaluate both the amount of renewable electricity from Target’s projects and the renewable electricity in the grid. This total renewable electricity is then compared to Target’s total electricity use per the following equation: Target’s Renewable Electricity % = (Target Renewable Electricity Projects + Renewable Electricity in the Grid) / Target Electricity Use. </p><p class="text-small">3 Supplier-reported emission reductions were not yet reported for 2023 at the time of publication and are not reflected in this figure. </p><p class="text-small">4 Net zero, as defined, is achieved when company's scope 1, 2 and 3 emissions are reduced to a level that is consistent with a 1.5°C pathway, and any residual emissions are removed from the atmosphere through either nature-based or technological carbon removal solutions (e.g., forestry, regenerative agriculture, carbon capture technology), by no later than 2050, in alignment with the Paris Agreement. Target has committed to net zero greenhouse gas emissions across our enterprise, 10 years ahead of the Paris Agreement. </p><p class="text-small">5 Fulfillment only. </p><p class="text-small">6 Suppliers in scope for Target’s supplier engagement program on climate account for 83% of our purchased goods and services (PG&S) footprint and 39% of our total scope 3 footprint. 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