Today, TargetCorp (NYSE: TGT) announced the release of its 2011 Corporate Responsibility Report. The report outlines progress against existing goals that were announced in June 2011, including those that have been met, those on track for completion and those with opportunities for improvement. The report also introduces four new goals, which were added to address changing needs in the areas of education, environment and team member well-being.
“When Target launched its corporate responsibility goals in 2011, we reinforced our longstanding commitment to creating a brighter future for our team members, our communities, and the world we live in,” said Tim Baer, Executive Vice President, General Counsel and Corporate Secretary, Target. “Target’s corporate responsibility goals foster greater transparency and accountability on initiatives that help put more U.S. children on the path to graduation, reduce our impact on the environment, and help Target team members and their families live healthy, balanced lives.”
To further demonstrate Target’s strong commitment to communities, the company has launched four new corporate responsibility goals. These goals include:
- Increase Sustainable Seafood Selection: As announced in 2011, Target commits to ensuring its fresh and frozen seafood offerings are 100 percent sustainable and traceable by the end of fiscal year 2015.
- Improve Owned-Brand Packaging Sustainability: Enhance at least 50 owned-brand packaging designs to be more sustainable by the end of fiscal year 2016.
- Increase Diabetes HbA1c Testing Compliance: Increase the percentage of team members and their families enrolled in a Target health plan completing diabetes HbA1c testing to 87 percent by the end of fiscal year 2015.
- Increase Reading Proficiency:Establish a baseline that will inform a specific 2013 reading-proficiency outcome goal. The baseline will be influenced by:
- Completing an additional 32 Target School Library Makeovers at in-need schools,
- Providing $1.5 million in grants to more than 100 Target School Library Makeover alumni schools to increase reading achievement, and
- Implementing innovative literacy pilots in two additional school districts.
For more details on Target’s 2011 progress, download the full 2011 Corporate Responsibility Report.
About Target
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,763 stores across the United States and at Target.com. The company plans to open its first stores in Canada in 2013. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood.