"Target Corp., a company based in the USA, has committed to achieving net zero emissions across its own operations by 2040. Net Zero Tracker This includes zero waste to landfill in its U.S. operations and engaging constructively with supply chain partners. Net Zero Tracker An interesting fact about Target's environmental policy is that it plans to have 50% of the energy used in strategic and joint business partner owned operations come from renewables (Scope 3) by 2025. Net Zero Tracker The company has also joined initiatives such as 'Race to Zero' and 'Business Ambition for 1.5 Degrees'. Net Zero Tracker …"
Carbon emissions are estimated according to comparable years, intensity and sector
benchmarks
Performance vs. Target
Note: Targets without baseline are ignored. In case several targets
exist, only the shorter-term target is
displayed.
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
Please refer to the library for viewing the supporting documentation
Sector Benchmark
Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG
emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1
million USD revenue).
Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary
business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer
Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and
Materials.
Target Corp. belongs to the sector Consumer Staples.
Target Corp. is a member of the Business Ambition for 1.5 campaign (link here )
US retailer Target commits to reduce absolute scope 1 and 2 emissions and scope 3 GHG emissions from retail purchased goods and services 30% by 2030 from a 2017 base-year. Target also commits that 80% of its suppliers by spend covering all purchased goods and services will set science-based scope 1 and scope 2 targets by 2023.
Separate targets for emission reductions and removals
No
Conditions on use of offset credits
None
Plans for carbon dioxide removal (CDR)
Yes (unspecified)
Additional notes: Per definition of Net Zero used by Target, residual emissions may be removed either via nature-based or technological carbon removal solutions (e.g., forestry, regenerative agriculture, carbon capture technology). No additional conditions are specified.
Score Summary
Ref
Principle
Score
(points)
Max
(points)
Delta
(points)
1
At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified
10.0
10.0
0.0
2
Scope 3 emissions are fully reported and externally-verified
7.5
10.0
0.0
3
CDP score demonstrates the level of transparent disclosures
9.0
10.0
0.0
Transparency
26.5
30.0
0.0
4
Net Zero Commitments by 2050 include an intermediate target and cover all the emissions
10.0
10.0
0.0
5
Net Zero targets demonstrate a high-level of emergency
3.3
10.0
0.0
6
Emission reduction targets on a forward-looking basis are ambitious