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Target Sets New Climate Goals

Target has announced “ambitious” new climate goals to reduce its carbon footprint, the company announced in a press release.

The company says the new goals build upon previously announced energy efficiency standards and aim to greatly reduce greenhouse emissions.

The new plans calls for a reduction of greenhouse gas emissions from three main sources: Target facilities, energy purchased to power Target facilities and emissions generated from Target’s supply chain.

By 2030, Target aims to lower its greenhouse gas emissions by 30 percent from 2017 levels, according to the company.

“Our new climate goals will reduce our carbon footprint from source to shelf, as we work alongside our partners within our supply chain to lower emissions and help create a better tomorrow,” says Brian Cornell, chairman and CEO of Target. “We have a responsibility to our guests and the environment to set high expectations and encourage ambitious reductions in greenhouse gas emissions, promoting positive change throughout the industry to have an even greater impact for generations to come.”

Target says to accomplish its goals, it will install LED lights in its stores. The company’s Texas wind power projects will offset the energy used by 60 area stores. By 2020, Target will install solar rooftop panels at 500 of its locations.

In the press release, Target says it will work with global sustainability services company Anthesis to ensure its goals meet the standards set by the Science Based Target Initiative, which aims to help retailers meet green standards set by the Paris Agreement.

In 2017, Cornell discussed how his company plans to innovate in the years ahead to meet shifting consumer needs.

About Todd Taber

Todd is trends editor for Hardware Retailing magazine. He graduated from Indiana University where he majored in journalism and French. Throughout his career, he has aimed to highlight small businesses and their community value. He joined NRHA in 2017.

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