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 98% 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, 772,389,000 kg CO2e for Scope 2 (market-based), and a staggering 29,460,000,000 kg CO2e for Scope 3 emissions. This reflects a significant operational footprint, with Scope 3 emissions primarily driven by purchased goods and services, use of sold products, and transportation. Target has set ambitious climate commitments, aiming for a 50% absolute reduction in Scope 1 and 2 emissions by 2030, using 2017 as the baseline year. This target is part of their broader strategy to achieve net-zero greenhouse gas emissions across all scopes by 2040. Additionally, they are committed to a 32.5% reduction in Scope 3 emissions by 2030, which encompasses supply chain impacts. In previous years, Target's emissions were also substantial, with 2022 figures showing Scope 1 emissions at approximately 779,858,000 kg CO2e and Scope 2 emissions at about 891,321,000 kg CO2e (market-based). The company has consistently reported on its emissions and reduction targets, demonstrating a commitment to transparency and accountability in its sustainability efforts. Overall, Target's climate strategy reflects a proactive approach to reducing its carbon footprint and addressing the challenges of climate change within the retail sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 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.
