We are committed to making our supply chain and operations more sustainable through reducing our greenhouse gas footprint which supports a more resilient and healthier environment for our guests, team members, and communities. We commit to be a net zero enterprise by 2040 to reduce climate impacts across our operations and supply chain.
Our climate goals set in 2019 have been approved by the Science-Based Targets initiative, the organization that provides guidelines to organizations to align their corporate goals with climate science, set ambitious, science-based emissions reduction targets that pave the way to a zero-carbon economy, boosting innovation and driving sustainable growth.
In March of 2019, Target committed to the following SBTi approved climate goals:
Target will reduce its absolute Scope 1, 2 and 3* greenhouse gas emissions by 30% below 2017 levels by 2030.
*from retail purchased goods and services
We’re also committing that 80% of our suppliers by spend will set science-based reduction targets on their Scope 1 and 2 emissions by 2023.
In addition to our SBTi approved goals, Target commits to be a net zero enterprise by 2040, ten years ahead of The Paris Agreement. We’ve also committed to join the “Business Ambition for 1.5° to help drive meaningful change across our sector and value chain and ensure that our emissions will contribute to no more than 1.5 degree warming.
We’ll aim to achieve our net zero targets in our owned operations by continuing to ramp up our use of renewable solar and wind power to offset energy used at our facilities, increasing the energy-efficiency of heating and lighting sources in stores, actively managing our refrigerant inventory, and exploring new programs.
With our supplier engagement program on climate, we are committed support our supply chain partners through the journey of setting their science-based emission reduction targets and in driving action together, toward a low-carbon future.
We have prioritized our areas of highest emission impact, and are focused on priority raw materials and manufacturing. Our manufacturing supply chain programs such as Apparel Impact Institute’s Clean by Design (CbD) program and Carbon Leadership Program (CLP), as well as International Finance Corporation’s (IFC) Vietnam Improvement Program (VIP) and Cambodia Improvement Program (CIP) have fostered improved carbon and energy management with our supply chain partners since 2011 - we’ll continue to expand these efforts in coming years. In our agricultural supply chains, we’ve teamed up alongside The Nature Conservancy, Cargill and McDonald’s to help Nebraska farmers adopt and implement proven soil health practices to lower our emissions in our beef supply chain through a five-year project focused on 100,000 acres of row crop production in Nebraska dedicated to feeding cattle.
We’re already well on our way through efforts like our participation in the Clean by Design textile industry program and the Vietnam Improvement program, both of which work to improve energy and water efficiency—which we’ll expand in coming years.