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16 April 2019

Target sets ambitious climate goals

By Global Fashion Agenda

To address the rapid and devastating changes in our environment, more and more fashion companies are setting ambitious climate goals, which is much needed. Currently total greenhouse gas emissions from textile production amount to 1.2 billion tonnes annually, according to new research from UNFCCC. Last month Target, one of our Strategic Partners, announced a new set of goals to reduce its carbon footprint further.

Building on the previous goals it set back in 2017, these goals will help increase their impact and they’ll lay out a new reduction target for Target’s entire supply chain, where 96 percent of greenhouse gas emissions related to its business come from. Key to the success of these ambitious climate goals are to unify Target’s suppliers around these same goals, whether they work with the raw materials that create its products, or they manufacture and transport those products to the stores.

“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,” said Brian Cornell, chairman and CEO, 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.”

"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.”

Brian Cornell, chairman and CEO, Target

Greenhouse gas emissions are broken down into three categories, called scopes. Scope 1: Emissions generated from facilities; Scope 2: Emissions from energy purchased to power facilities; and Scope 3: Emissions generated from the entire supply chain, such as the creation of the products and services. Target will reduce its absolute Scope 1, 2 and 3 greenhouse gas emissions by 30 percent below 2017 levels by 2030. Furthermore, the company has committed that 80 percent of its suppliers will set science-based reduction targets on their Scope 1 and 2 emissions by 2023.

Target has partnered with industry expert Anthesis for guidance to ensure its goals met the rigorous requirements of the Science Based Target initiative (SBTi). SBTi is the organisation that helps companies align with climate science and the Paris Agreement, keeping global temperature increases below 2 degrees Celsius. Adding a Scope 3 reduction goal places Target among the select U.S. companies with SBTi-approved goals to reduce carbon emissions throughout its supply chain.

“It’s vital for companies, particularly major retailers, to lower the emissions in their supply chain if they are serious about addressing their environmental impact,” said Dexter Galvin, Global Director of Corporations & Supply Chains at CDP, one of the Science Based Targets initiative partners.

Read more about how Target will meet its ambitious climate goals