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21 PGS was restated from 29,177,000 mtCO2e when the footprint was re-run this year.
Major drivers of change include LCA emission factor updates and more precise weight calculations.
22 Upstream transportation does not currently include the emissions associated with chilled, temperate or frozen truck movements, which is conservatively estimated to be less than 7% of Target’s annual sales.
23 Our business travel emissions estimate includes passenger miles on commercial airlines.
We used emissions factors from the U.S. EPA Climate Leaders Business Module.
We did not apply a radiative forcing adjustment to the verified airline travel emissions.
Corporate jet emissions are included as part of our scope 1 calculations.
We’re working to manage energy use, improve efficiency and transition to renewable energy to help reduce the impact of our operations and our suppliers’ facilities.
Renewable energy We plan to obtain for our operations from renewable sources by 2030 and have set an interim goal of 60% by 2025.
We commit to contracts for off-site renewable energy and rooftop solar projects at our facilities.
In purchase agreements, including a wind energy project in Texas (140 MW) and a solar energy project in Ohio (100 MW).
Our portions of several contracted projects in Texas, Florida and Nebraska began producing renewable energy for commercial operation.
All these projects now contribute toward Target’s renewable energy portfolio.
Stores and refrigeration We remain committed to HFC-free refrigeration systems whenever technically feasible, with a longterm strategy to have all stores converted to natural refrigerantsoperations’ emissions by an expected 20%.
Target has earned ENERGY STAR certification for more than STAR Partner of the Year in 2022, the seventh straight year we have received this accolade.
The retrofitted site, in Vista, California, was designed to generate more renewable energy than it uses, and to transmit that surplus back to the local grid.
More than roofs and carport canopies will power the store and its heating, ventilation and air conditioning system, while CO2 will now be used as a natural refrigerant.
Grid-renewable portion 24 Installation of EV charging stations is not factored into our GHG footprint.
The store meets the definition for zero energy certification from the International Living Future Institute, in that 100% of the building’s energy needs on a net annual basis are supplied by onsite renewable energy.
No combustion is used to meet onsite energy demands.
27 Renewable electricity includes renewable energy credits (RECs) from Target’s onsite and off-site projects, as well as electricity that we receive from renewable energy generation serving the electric grids where Target facilities are located.
Data sources include: Target’s fiscal year electricity consumption data; Target’s 2021 RECs; and the Center for Resource Solutions (CRS) Utility Grid Accounting methodology for renewable mix, published in the latest EEI Utility Electricity Mix Database.
The scope of this data is U.S. operations only, but international offices account for less than 1% of our overall electricity consumption.
In addition to climate change mitigation efforts, we seek to fortify our business by addressing risks and building resilience.
We track energy and carbon regulation, and related proposals, at the U.S. federal and state levels to identify opportunities for expanding our energy commitments and those of our suppliers.
We assess climate, forests, water and other natural resource-related risks according to the impact on our business, team members and guests.
Each risk may impact factors such as sales, price stability, competitive advantage, stores, guests, communities and suppliers, and those impacts may vary in magnitude, duration or dependency.
Climate adaptation As we build out our net zerowill continue to evaluate our climate-related risks and opportunities in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) (see our TCFD Index).
Transition risks encompass what may occur as a result of a transition to a lowcarbon economy, and physical risks include both acute and chronic risks, such as natural disasters (acute) and longer-term impacts of a shift toward a warming climate (chronic).
We disclose the impacts of climate-related risks and opportunities within our annual CDP Climate Response and leverage what we learn to advance our climate mitigation and resilience strategies.
We continue to engage with policymakers to urge climate action, and work with NGOs and trade associations such as the Retail Industry Leaders Association (RILA) to increase access to renewable energy and reduce members’ carbon emissions.
Target is also a member of Employers for Renewable Energy (ERE), a cross-industry coalition co-founded by RILA.
ERE helps businesses that support state policies enabling greater customer choice of renewable energy and competition among producers.
We are aware our products have some associated environmental impacts, but we take pride in our efforts to minimize these effects as much as possible.
Partnering to minimize environmental releases of fiber fragments and microplastics.
Environmental management indicators include possession of the appropriate permits, proper waste management methods, safe chemical usage and responsible wastewater stewardship practices.
To do business with us, Tier factories must complete an annual Higg Facility Environmental Module (FEM) self-assessment.
Environmental standards outlined in our Standards of Vendor Engagement (SOVE) hold these factories accountable to environmental compliance and promote continuous improvement.
Target defines significant negative environmental impact as any violation that falls under the Environmental SOVE principle.
By materials (e.g., forest products, cotton, etc.) that go into our owned brand products to be 100% recycled, regenerative or sustainably sourced.
• Implementing an animal welfare policy; moving to source only cage-free shell eggs, pending available supply, by 2022, aim to have 100% of Good & Gather brand fresh pork produced using open pen gestation systems.
Find updates related to this goal and other food animal welfare commitments on our website.
Forestry products In our forestry supply chains, we use chain-ofcustody certifications wherever possible to confirm that we source from well-managed forests.
We recently participated in a pilot study with auditing and risk mitigation organization Preferred by Nature.
The study aimed to identify ways to minimize forest product risk where chain-ofcustody wood supplies are not available.
38 We utilize credible, independent third-party certifications to source forest products sustainably.
Biodiversity Biodiversity is a critical component of Earth’s broader ecosystem, as it aids in Earth’s ability to regulate climate, provide food and medicine, and promote cultural significance in local communities.
The Taskforce on Nature-related Financial Disclosures defines four “realms” of biodiversity: land, ocean, freshwater and atmosphere.
This designation of biodiversity demonstrates that this topic encompasses all of our environmental and social initiatives.
Our current efforts to nurture and protect the four realms of biodiversity include promoting regenerative agriculture, becoming signatories of bio-economywith features like green roofs and rain gardens where possible.
In support of our ambition to leverage soil health practices to improve at least one million acres of land by several suppliers on initiatives that promote regenerative agriculture.
We are taking action to reduce the amount of water we use and to protect freshwater quality, quantity and access.
Commitments and targets We have set commitments for responsibly sourcing raw materials to help preserve forests and the species that rely on them, and improve local communities and their livelihoods.
In alignment with Target Forward, we are continuing conversations around our leading raw materials, building upon strong foundations to create biodiversity-specific commitments and targets using ongoing evidence-based strategies.
We are currently undertaking benchmarking, learning and capacity building to develop a robust biodiversity commitment in line with our goals and key initiatives.
We are committed to relevant biodiversity partnerships, initiatives and disclosures.
As we continue to build out further partnerships, we want to recognize our current collaborations that are closely related to biodiversity (see below).
BCI Farmers Helping train farmers to use water efficiently, reduce their use of harmful chemicals and commit to respecting worker rights and well-being.
Cotton LEADS Purchasing LEADS-certified products, which address environmental impacts on land and soil, biodiversity and carbon footprint, and accountability throughout the supply chain.
FishWise Partnering to monitor and continually improve the environmental sustainability, traceability and social impacts of farmed and wild-caught seafood.
The Nature Conservancy Working as an implementation partner on initiatives to improve soil health and water stewardship.
Helping develop the Forests in Focus platform to engage with forest owners and identify risks in forest product supply chains.
We’re finding new ways to manage water sustainably, putting the needs of people, communities and the planet at the heart of how we work to deliver on our Target Forward strategy.
Water is essential to our agricultural materials for food, textile products and manufacturing, and in the operation of every Target facility.
Access to clean water is also a fundamental need for guests and communities all along our value chain, and we are committed to help build water resiliency in the areas where we operate so this need can always be met.
When developing our management strategy, we first identify water-related risksfinancial or strategic impact on our business and/ or communities where we operate.
In the U.S., this is particularly important along the West Coast — where water scarcityin the Northeast where our greatest impacts relate to water quality.
Annually, we use the WRI’s Aqueduct tool to understand water risk for both domestic and international facilities.
This will help us focus efforts at facilities where there’s current and/or future potential for higher water risk.
through water security Securing water resources is a key consideration across both our sustainable brands and waste elimination pillars.
Only by conserving water sources can we deliver sustainably sourced materials and operations that protect, sustain and restore nature.
• Water risk reduction and stormwater management in direct operations, supporting resilience and collective water securitycommunities we serve.
In identifying water risks and water-stressed regions where we operate, we will begin to set new value chain goals that reflect the context of our water stewardship approach, as well as our understanding of setting targets around the nexus between climate, water and biodiversity.
Direct operations Across our stores, supply chain facilities and headquarters locations, we’re acting to reduce water scarcity and improve water quality outcomes.
Target is recognized for maintaining best practices in managing stormwater and the quality of water leaving our sites.
We are also refining our salt application practices to reduce the amount of chloride entering local water bodies.
To address any impacts the salt may have on local lakes and rivers, we refreshed our training at our stores, supply chain facilities and other sites that experience snow events.
The training, which includes application techniques and disposal methods, is based on smart salting techniques developed by the Minnesota Pollution Control Agency.
40 Water risk refers to the possibility of an entity experiencing a water-related challenge (e.g., water scarcity, water stress, flooding, infrastructure decay, drought).
Source: CEO Water Mandate 41 Water scarcity refers to the volumetric abundance, or lack thereof, of freshwater resources.
Source: CEO Water Mandate 42 Water stress refers to the ability, or lack thereof, to meet human and ecological demand for freshwater.
It considers several aspects, including water availability, quality and accessibility.
protection against water-borne pollution and water-related disasters, and for preserving ecosystems in a climate of peace and political stability.
Target closely monitors water use across our operations to quickly identify properties that may have possible leaks or need plumbing repairs.
At many locations where landscapes are irrigated, we use HydroPoint smart controllers to water plants only when necessary, find underground leaks when they occur, and to pause irrigation when it’s raining or rainfall has been sufficient.
As we develop the next phase of our strategy, water stress and other water risks will be incorporated to determine priority projects and areas.
Products We are taking steps to reduce the impact of our product portfolio and production techniques on vulnerable water resources.
Target is an associate member of The Microfibre Consortium, which facilitates development of practical solutions to minimize fiber fragmentation and environmental releases from textile manufacturing and the product life cycle.
Read more about our approach to water management.
Supply chain programs and partnerships We maintain several initiatives and partnerships to enhance supply chain water use efficiency and stewardship.
In addition to climate benefits, our regenerative agriculture work aims to protect local water sources by reducing agricultural run-off.
• Ongoing programs with Aii are improving water efficiency in home and apparel textiles.
Beyond the fence line We strive to not only make a difference in water efficiency and stewardship of our direct and indirect operations, but to move beyond our own fence line to positively impact and give back to the communities where we extract from their water sources.
We support communities’ access to water and sanitation through Water.org.
As of partnership has resulted in more than 1.3 million people (88% of whom are female) being reached with lasting, reliable, household water and sanitation solutions.
Water use Beyond our direct operations fence line, we are hard at work understanding and participating in community water projects across California, which is one of our greatest markets and also one of our greatest water-stressed areas of our operations.
of water resources among users beyond the farm, up to the watershed level.
Consumers are increasingly interested in the chemicals used in their products. Our guests trust us to deliver products that are better for them, their families, their communities and the environment.
With responsible chemical management forming an integral part of our Target Forward ambition to design and elevate sustainable brands, we are committed to advancing transparency, progressive chemical management and green chemistry innovation across our value chain.
We are also calculating our aggregate use of chemicals via the Chemical Footprint Project, of which we are a signatory and survey participant.