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Target Corp
Target's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 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 2024, the total operational greenhouse gas (GHG) emissions ofTarget amounted to2,261,764metric 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 2023, the total operational greenhouse gas (GHG) emissions of Targetdecreased by 1.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Target's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Target's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Target were 867,450 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Target reduced its Scope 1 emissions over time?
Since 2019, Target's Scope 1 emissions have increased by 15.27%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Target's Scope 1 emissions increased by 6.03%, 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 2024, Target reported Scope 2 greenhouse gas (GHG) emissions of 640,447 tCOâ‚‚e using the market-based method and 1,394,314 tCOâ‚‚e using the location-based method.a
Has Target reduced its Scope 2 emissions over time?
Since 2019, Target's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 17.04%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), 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 2024, 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 2024, Target reported 58,880,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Target includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, 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 2024, Target reported total Scope 3 emissions of 58,880,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 70.9%of these emissions originated from upstream activities such as purchased goods and capital goods, while 29.1%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Target reduced its Scope 3 emissions over time?
Since 2019, Target's Scope 3 emissionshave decreased by 24.9%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Target's Scope 3 emissions remained relatively stable, indicating that Target's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Target disclose?
In 2024, 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 2024, the largest contributors to Target's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 26,626,000 tCOâ‚‚e(45.22%)
- Use of Sold Products (Cat. 11): 15,855,000 tCOâ‚‚e(26.93%)
- Upstream Transportation and Distribution (Cat. 4): 7,746,000 tCOâ‚‚e(13.16%)
Target's Scope 3 Emissions by Categories
Insights into Target’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Target reported Scope 1 greenhouse gas (GHG) emissions of 867,450 tCOâ‚‚e and total revenues of USD 106,566 millions. This translates into an emissions intensity of 8.14 tCOâ‚‚e 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 2024, Target reported a Scope 1 emissions intensity of 8.14 tCOâ‚‚e per millions USD. Compared to the peer group median of 15.51, 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 2024, Target ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Target reported a total carbon footprint of 61,141,764 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.16% decrease compared to 2023, 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 96.3% of the company's total carbon footprint, followed by Scope 2 emissions at 2.28%.a