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.
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.
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.
Target's score of 70 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Target Corporation reported total greenhouse gas emissions of approximately 61,000,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 818,148,000 kg CO2e, while Scope 2 emissions totalled approximately 2,292,768,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 58,685,000,000 kg CO2e, primarily from purchased goods and services, as well as the use of sold products. 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. This target reflects a strong commitment to sustainability and aligns with industry standards for reducing greenhouse gas emissions. Additionally, Target aims to achieve a 32.5% reduction in supply chain emissions (Scope 3) by the same year. The company has also committed to ensuring that 80% of its suppliers by spend will set science-based targets for their own Scope 1 and 2 emissions by 2023. This initiative underscores Target's focus on collaborative efforts to mitigate climate impact across its supply chain. Overall, Target's emissions data and reduction targets illustrate a proactive approach to addressing climate change, positioning the company as a leader in sustainability within the retail sector.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 706,176,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 1,861,703,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 52,857,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.