Target Corporate Newsroom: Target Announces Bold New Sustainability Strategy: Target Forward

Press release from the Target Corporate Newsroom:

June 22, 2021

‘Target Forward’ builds on retailer’s legacy of corporate responsibility and sustainable practices, leveraging its size and scale to benefit people, the planet and its business New strategy reflects ambitious goals, designed to help the retailer co-create an equitable and regenerative future with its guests, partners and communities Goals center Target’s sustainability efforts on three critical ambitions: design and elevate sustainable brands; innovate to eliminate waste; and accelerate equity and opportunity Retailer aims to be market leader for creating and curating inclusive, sustainable brands and experiences by 2030; commits to being a net zero enterprise by 2040; and sets additional goals across its team, brand and product assortment, global supply chain, social justice, and more

Target Corporation (NYSE: TGT) today unveiled Target Forward, the company’s new sustainability strategy that puts its business to use to positively impact both people and the planet. Building on the retailer's legacy of corporate responsibility and sustainable practices, Target Forward marks a new era in sustainability for the company, as the retailer aims to co-create an equitable and regenerative future with its guests, partners and communities.

Target Forward is anchored to the company's purpose to help all families discover the joy of everyday life. Through Target Forward, the retailer is focused on restoring and regrowing natural systems, and ensuring its team, communities and partners around the globe can thrive.

“As a company and a member of the global community, 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.”

Target’s Sustainability Commitments

The commitments Target is making with Target Forward work toward three critical ambitions: to design and elevate sustainable brands, innovate to eliminate waste, and accelerate opportunity and equity. Signature goals include:

This press release was produced by the Target Corporate Newsroom. The views expressed here are the author’s own.