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 significant carbon emissions from its operations in the US, totalling approximately 779,858,000 kg CO2e for Scope 1 emissions and about 891,321,000 kg CO2e for Scope 2 emissions. The company also disclosed extensive Scope 3 emissions, amounting to approximately 22,176,000,000 kg CO2e from the use of sold products alone, alongside other categories such as purchased goods and services, which contributed about 29,460,000,000 kg CO2e. Target has set ambitious climate commitments, aiming for a 50% absolute reduction in Scope 1 and 2 emissions by 2030 from a 2017 baseline. This target is part of a broader strategy that includes a commitment to achieve net-zero greenhouse gas emissions across all scopes by 2040. Additionally, Target aims to reduce its Scope 3 emissions by 32.5% by 2030, focusing on purchased goods and services, upstream and downstream transport, and the use of sold products. These commitments are aligned with the Science Based Targets initiative (SBTi), which has recognised Target's targets as consistent with the reductions required to limit global warming to 2°C. The company has also pledged that 80% of its suppliers by spend will set science-based targets for their Scope 1 and 2 emissions by 2023. Overall, Target's climate strategy reflects a comprehensive approach to reducing its carbon footprint while engaging its supply chain in sustainability efforts.
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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.
