Target
Target Corporation, commonly known as Target, is a leading American retail giant headquartered in Minneapolis, Minnesota. Founded in 1902, Target has evolved into a prominent player in the retail industry, operating over 1,900 stores across the United States. The company is renowned for its diverse range of products, including apparel, home goods, electronics, and groceries, all offered at competitive prices. Target distinguishes itself through its commitment to quality and design, often collaborating with renowned brands to provide exclusive merchandise. With a strong focus on customer experience and sustainability, Target has garnered a loyal customer base and achieved significant market presence. Notable milestones include the introduction of its private label brands and a robust online shopping platform, positioning Target as a forward-thinking leader in the retail sector.
DitchCarbon Score
How does Target's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Target's score of 67 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Target's reported carbon emissions
In 2023, Target Corporation reported total greenhouse gas emissions of approximately 818,148,000 kg CO2e for Scope 1 and 772,389,000 kg CO2e for Scope 2. The company also disclosed significant Scope 3 emissions, totalling about 29,460,000,000 kg CO2e, primarily from purchased goods and services, which accounted for a substantial portion of their overall emissions. Target has set ambitious climate commitments, aiming for a 50% absolute reduction in operations emissions (Scopes 1 and 2) by 2030, using 2017 as the baseline year. Additionally, they are targeting a 32.5% reduction in supply chain emissions (Scope 3) by the same year. Furthermore, Target has committed to achieving net-zero greenhouse gas emissions across all scopes by 2040. The company has made strides in emissions reduction, with a reported decrease in Scope 1 emissions from approximately 779,858,000 kg CO2e in 2022 to 818,148,000 kg CO2e in 2023, indicating a need for continued focus on their reduction strategies. Target's initiatives include engaging 80% of their suppliers to set science-based targets for Scope 1 and 2 emissions by 2023, reinforcing their commitment to sustainability within their supply chain. Overall, Target's climate strategy reflects a proactive approach to addressing climate change, with clear targets and a commitment to transparency in their emissions reporting.
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| 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 701,558,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 3,424,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Target is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
