Target

Target's latest disclosed emissions for 2024 include approximately 867.45 million kg CO2e for Scope 1 emissions and about 640.45 million kg CO2e for Scope 2 emissions (market-based). Their Scope 3 emissions for 2024 were approximately 58.88 billion kg CO2e, with significant contributions from purchased goods and services (about 26.63 billion kg CO2e) and use of sold products (approximately 15.86 billion kg CO2e).

Target has set several climate commitments. They aim to achieve a 55% absolute reduction in Scope 1 and Scope 2 emissions from a 2017 base year by 2030. Additionally, Target is committed to a 32.5% absolute reduction in Scope 3 supply chain emissions, specifically covering purchased goods and services, upstream and downstream transport, and use of sold products, also from a 2017 base year by 2030. The company has also committed to achieving net-zero greenhouse gas emissions across all scopes (1, 2, and 3) by 2040. These targets, including a 30% absolute reduction in Scope 1 and 2 emissions and Scope 3 emissions from retail purchased goods and services by 2030 from a 2017 base year, have been approved by the Science Based Targets initiative (SBTi). Furthermore, Target committed that 80% of its suppliers by spend covering all purchased goods and services would set science-based Scope 1 and Scope 2 targets by 2023.