Target Corp
Target's GHG Emissions Data Preview
In 2023, Target completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Target has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Target’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Target’s data sources below and access millions more through our Disclosure Search.
Insights into Target's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Target amounted to 2,292,768 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Target increased by 0.32%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Target's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Target's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Target were 818,148 metric tons of CO₂ equivalent (tCO₂e). a
Has Target reduced its Scope 1 emissions over time?
Since 2018, Target's Scope 1 emissions have increased by 15.86%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Target's Scope 1 emissions increased by 4.91%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Target's Scope 2 emissions?
In 2023, Target reported Scope 2 greenhouse gas (GHG) emissions of 772,389 tCO₂e using the market-based method and 1,474,620 tCO₂e using the location-based method. a
Has Target reduced its Scope 2 emissions over time?
Since 2018, Target's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 32.56%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Target's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Target 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Target use for Scope 2 reporting?
In 2023, Target reported its Scope 2 emissions using the market-based method and using the location-based method. a
Target's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Target's Value Chain Emissions
In 2023, Target reported 58,685,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Target includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Target's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Target's Scope 3 emissions?
In 2023, Target reported total Scope 3 emissions of 58,685,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 69.89% of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.11% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Target's Scope 3 emissions decreased by 11.82%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Target disclose?
In 2023, Target reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Target's Scope 3 emissions?
In 2023, the largest contributors to Target's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 27,423,000 tCO₂e (46.73%)
- Use of Sold Products (Cat. 11): 16,492,000 tCO₂e (28.1%)
- Downstream Transportation and Distribution (Cat. 9): 5,971,000 tCO₂e (10.18%)
Target's Scope 3 Emissions by Categories
Insights into Target’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Target reported Scope 1 greenhouse gas (GHG) emissions of 818,148 tCO₂e and total revenues of USD 107,412 millions. This translates into an emissions intensity of 7.62 tCO₂e per millions USD. a
Target's Scope 1 Emissions Intensity Compared to Peers
How does Target's GHG emissions intensity compare to its peers?
In 2023, Target reported a Scope 1 emissions intensity of 7.62 tCO₂e per millions USD. Compared to the peer group median of 15.22 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Target rank on GHG emissions intensity within its industry?
In 2023, Target ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Target among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Target's Total Carbon Footprint
In 2023, Target reported a total carbon footprint of 60,977,768 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.41% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Target's total carbon footprint was Scope 3 emissions, accounting for 96.24% of the company's total carbon footprint, followed by Scope 2 emissions at 2.42%. a