The big red bullseye retailer wants to reduce its carbon footprint and help to save the planet! Target’s new climate goals build on the company’s previous 2017 initiative—and here’s how.
Ninety-six percent of Target’s greenhouse gas emissions comes from the company’s supply chain. So what does the retailer plan to do about reducing this figure? Target plans on unifying its suppliers around the new planet-saving goals.
To do this the retailer created three Scopes. Its first Scope includes reducing greenhouse gas emissions from Target facilities. Scope two focuses on reducing emissions from energy the company purchases to power its facilities. And the third Scope centers on decreasing emissions generated from the company’s entire supply chain.
According to a statement made by Brian Cornell, chairman and CEO, Target, “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.”
So how will Target tackle its Scopes? Along with adding to investments in renewable energy, such as using LED lights in company buildings and installing solar rooftop panels in 500 locations by the year 2020, Target also plans to expand its Clean by Design initiative. The retailer will partner with the Apparel Impact Institute, reducing energy use and greenhouse gas emissions in supplier factories.
Global Director of Corporations & Supply Chains at CDP (a Science Based Targets initiative partner), Dexter Galvin, said in a press statement, “We applaud Target for setting ambitious goals covering their entire supply chain, and hope more companies can follow in their footsteps to boldly address and combat climate change, to create a thriving economy for people and planet.” And we applaud Target too!
Featured photo: Mike Mozart via Flickr