Highlights of the retailer’s new climate policy and goals include a focus on five areas:
- Increasing adoption of renewable energy in our own operations, our supply chain, and on the electricity grid;
- Driving energy and water efficiency in our own operations and in our supply chain;
- Investing in innovations supporting the transition to a lower-carbon transportation system, including vehicle electrification;
- Considering climate impacts in raw materials sourcing, particularly the impacts of land use change, and designing plans to mitigate those impacts; and
- Supporting communities most heavily impacted by climate change and building their resilience to climate change impacts like extreme weather events.
“Target has long been committed to making our business more sustainable, which leads to a stronger, cleaner supply chain and operations, and a healthier environment for our team members and guests,” stated chairman and CEO Brian Cornell. “That’s why we’re setting goals to reduce our greenhouse gas footprint, and working with our industry partners, policymakers and other stakeholders to accelerate the transition to a low-carbon economy.”
Target’s new goals conform to the Science-Based Targets initiative guiding U.S. companies to align corporate goals with climate science. The company has also committed to sourcing 100% renewable energy in all domestic operations.
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Target opened its first store in 1962 and has consistently sought more sustainable business practices. It’s a two-time ENERGY STAR partner of the year, the Solar Energy Industries Association’s 2016 top corporate solar installer in the U.S., and at the table in support of the Paris Agreement and other global and local environmental initiatives.
It also partners with WWF (World Wildlife Fund) for advice on climate change, water stewardship, food waste, packaging, and sourcing raw materials.
Proving that environmental targets are also part of its DNA, the company has also pledged to continue water conservation which has already realized more than 22 million gallons saved through optimization of outdoor irrigation systems at 176 stores