At Target, sustainability is a principle that drives the decisions we make across our business. It’s not about “going green.” It’s about making sure the partnerships we take, the processes we follow and the products we sell are helping us create long-term value that goes beyond Target and into the communities we serve.
We believe that investing in the ongoing well-being of our guests, team, shareholders and communities is the ultimate definition of a sustainable business. Even during a time of growth and challenges, that investment remained a priority in 2013:
We introduced the Target Sustainable Product Standard and launched the Simply Balanced product line to meet guests’ growing demand for more responsibly sourced, wellness-focused food.
Our teams began leveraging the Higg Index to assess the sustainability of thousands of vendor partner facilities, and significantly reduced water and electricity usage within our supply chain through the Clean By Design pilot.
We achieved LEED certification for each of the 124 stores we opened in Canada, further signaling our commitment to quality and socially responsible standards in a new market.
And we’re sharing our experience and learnings from the data breach to help the industry proactively address and prevent crime in the digital space.
I’m proud that the Target team understands, and accepts, our responsibility to be a conscientious corporate citizen. We know it’s a journey of continuous improvement. And because accountability is the key to progress, we regularly report on the milestones we’ve hit and the goals we’re still working to achieve. By being open about where we stand, we hold ourselves accountable to what we’ve promised.
Our stakeholders have every reason to expect that we’ll stay focused on becoming a stronger, better company. As we look to the work we have yet to do, we’ll continue embracing new ideas, always looking for ways to make a meaningful, positive and lasting impact in our business, communities and the world we all share.
John Mulligan Interim President and CEO | EVP and Chief Financial Officer, Target Corporation