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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, totalling approximately 8,181,480,000 kg CO2e for Scope 1 and 7,723,890,000 kg CO2e for Scope 2 globally. The company's Scope 3 emissions were notably higher, with about 16,492,000,000 kg CO2e attributed to the use of sold products alone. In the US, the emissions were approximately 7,798,580,000 kg CO2e for Scope 1 and 8,913,210,000 kg CO2e for Scope 2, with Scope 3 emissions reaching around 22,176,000,000 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. This target is reinforced by a commitment to achieve a 55% reduction in the same scopes by 2030, as outlined in their recent sustainability reports. Additionally, Target aims for 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. The company is also committed to achieving net-zero greenhouse gas emissions across all scopes by 2040. These targets align with science-based targets, with a commitment that 80% of its suppliers by spend will set science-based Scope 1 and 2 targets by 2023. Overall, Target's climate strategy reflects a robust approach to reducing its carbon footprint while engaging its supply chain in sustainability efforts.
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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.
