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MINNEAPOLIS — Target Corp. last month updated its sustainability goals with the release of Target Forward, spelling out its commitment to design and elevate sustainable brands; innovate to eliminate waste; and accelerate opportunity and social equity.
“It’s imperative for both the health of our business and of our planet that we embrace new ways to move forward,” said Brian Cornell, chairman and chief executive officer of Target. “We know sustainability is tied to business resiliency and growth, and that our size and scale can drive change that is good for all. Target Forward influences every corner of our business, deepens our collaboration with our partners and builds on our past efforts to ensure a better future for generations to come.”
Signature goals include:
• By 2030, Target aims to be the market leader for creating and curating inclusive, sustainable brands and experiences.
• By 2040, Target plans for 100% of its owned brand products to be designed for a circular future. Target’s teams will continue designing to eliminate waste, using materials that are regenerative, recycled or sourced sustainably, to create products that are more durable, easily repaired or recyclable.
• By 2040, Target commits to being a net zero enterprise — zero waste to landfill in its U.S. operations and net zero emissions across both its operations and supply chain.
• By 2030, Target aims to build a team that equitably reflects the communities it serves, beginning with its commitment to increase Black team member representation across the company by 20% by 2023.
• Target and the Target Foundation will become even more deeply ingrained within communities, lifting up the voices and unique perspectives of community members to maximize the positive impact they can create together.
“We want our guests to turn to Target first when they think about sustainability,” said Amanda Nusz, senior vice president of corporate responsibility at Target, and president of the Target Foundation. “We know that the only way to make that possible is by putting both people and the planet at the center of our efforts, as we co-create with our guests, our partners and the communities we serve.”
Collaboration is necessary to build a more equitable and regenerative future, and Target said it is committed to working alongside business partners, communities and purpose-driven organizations. The retailer also pledged to continuous listening and improvement as it works to achieve its goals.
“Target’s new sustainability commitments can make a real impact,” said Fabian Garcia, president of Unilever North America. “Carbon reduction is needed to work toward a more sustainable world for all.”
