Target’s 2022 ESG Report is Here — Check Out the Highlights
Target | July 28, 2022
Every year, Target shares progress toward their sustainability goals through an annual corporate responsibility report. This year, that corporate responsibility report is becoming Target’s first Environmental, Social and Governance (ESG) Report, building on their long-standing legacy of transparency with an even more rigorous look at their progress. It’s a meaningful step as they work to embed sustainability throughout the business, from the operations and products Target sell's to how they think about partnerships and investments in the team and communities.
“As I reflect on a year that was marked by tremendous growth and continued volatility, one thing never wavered: the Target team’s commitment to care,” says CEO Brian Cornell. “The care I see from our team strikes me as both a differentiator in our industry and an outstanding asset in addressing the great social and environmental challenges of our time. Applying our business strengths in service to people and the planet is also making our business more innovative and resilient and positioning us for continued growth.”
Last summer Target launched Target Forward, their enterprise-wide sustainability strategy that places sustainability at the center of Target’s broader business strategy and growth. Their new ESG Report provides a central resource for stakeholders to track the progress toward these important priorities, as well as other issues like governance and cybersecurity, in the years to come. The goal: staying accountable to the ambitions they've set in service of people and the planet.
“Our work through Target Forward coincides with our commitment to accountability as we work to create positive change,” says Amanda Nusz, senior vice president, Target corporate responsibility, and president of the Target Foundation. “One year after the launch of Target Forward, I’m proud that dozens of initiatives are already underway to drive progress toward our goals, fueled by our team and, critically, participation from our vendors, suppliers and community partners.”
Let’s dive in
Across Target, the team members play the leading role in bringing their sustainability strategy to life and helping Target deliver on their ambitious goals, from applying circularity to the product design to reimagining Target stores with a reduced carbon footprint. Together with Target vendors, suppliers and community partners, they'll continue to harness their collective power in the years ahead to tackle some of the world’s most challenging issues, co-creating a brighter future for all. In this year’s report, you’ll find data-driven insights into this work, including the significant investments they've made throughout the past year to lead the industry in climate action, sustainable brands, diversity, equity and inclusion, and more.