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New Solar and Wind Projects Are Big Strides Toward Target’s Renewable Energy Goals

A Bullseye View | March 4, 2021

In 2019, Target set a big goal, announcing it's aim to source 100% of Target’s electricity from renewable sources by 2030. The goal is inspired by a brighter, more sustainable future for guests, team members and the planet. Target shares three new renewable energy projects that will address nearly a quarter of electricity use with solar and wind power. That means, along with existing partnerships, Target will purchase nearly 50% of its electricity from renewable sources once these projects are operational.

The latest projects include renewable power purchase agreements for two solar projects in Texas, including the Golden Buckle Solar Project with Savion, and we’ll be purchasing renewable power from the Haystack Wind Project, based in Nebraska, with Ørsted. PepsiCo and Hormel Foods, have also signed on to at least one of these projects. Together, its portion of the projects will pace Target ahead of schedule in meeting its 2030 goal and closer to other climate goals such as reducing greenhouse gas emissions from operations, purchased goods and services by 30% below 2017 levels by 2030.

Also, helping guests make more sustainable choices, Target is completing its 114th electrical vehicle charging site at a Target store at the end of 2020, exceeding the goal from 2018. This allows guests to drive up, plug in at more than 1,000 charging spaces. From reducing plastics to installing rooftop solar systems on over 540 stores to date, Target's committed to using its size and scale together with guests, team members and stakeholders to make a positive impact.

Read the full article here

#retail #target #corporateresponsibility #sustainability

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