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 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.
In 2023, Target Corporation reported significant carbon emissions, totalling approximately 8,181,480,000 kg CO2e for Scope 1, 772,389,000 kg CO2e for Scope 2 (market-based), and a staggering 16,492,000,000 kg CO2e for Scope 3 emissions. The total emissions from all scopes reached about 25,446,000,000 kg CO2e globally. In the US, the emissions were approximately 7,798,580,000 kg CO2e for Scope 1, 891,321,000 kg CO2e for Scope 2 (market-based), and 22,176,000,000 kg CO2e for Scope 3, leading to a total of around 30,066,000,000 kg CO2e. Target has set ambitious climate commitments, aiming for a 50% absolute reduction in operations emissions (Scopes 1 and 2) by 2030 from a 2017 baseline. Additionally, the company has committed to achieving a 32.5% reduction in supply chain emissions (Scope 3) by 2030, covering purchased goods and services, upstream and downstream transport, and the use of sold products. Furthermore, Target has pledged to reach net zero greenhouse gas emissions across all scopes by 2040. These targets are part of Target's broader sustainability strategy, which includes ensuring that 80% of its suppliers by spend set science-based targets for their Scope 1 and 2 emissions by 2023. The company's commitment to reducing its carbon footprint reflects its dedication to addressing climate change and promoting sustainable practices within the retail sector.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.