Target has built on initial climate goals from 2017 to set new targets to reduce CO2 generated from Target facilities, energy purchased to power Target facilities and emissions from the entire supply chain. Target introduced a reduction of all greenhouse gas emissions by 30% below 2017 levels by 2030. It has also committed to ensuring that 80% of suppliers set their own science-based reduction targets by 2023 through increased use of renewable energy sources.
Many companies are making efforts into reducing their carbon footprints, making sure to mitigate climate change. To make sure these efforts actually help curbing climate change, a new trend is currently gaining momentum: science-based targets. Setting Science Based Targets (SBTs) – emission reduction targets based on the two-degree scenario – is the first step in the strategic transformation required.
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