MINNEAPOLIS - March 22, 2010
Target has been recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for 2010. For the fourth year in a row, the institute recognized Target for demonstrating an understanding that ethical practices are not only necessary, but can support a stronger and more solid business overall.
“More than six decades ago our company founders established an unwavering commitment to ethical business practices and generous community support. Today, Target is just as committed to corporate responsibility,” said Tim Baer, executive vice president, general counsel and corporate secretary. “We expect every one of our 350,000 team members to demonstrate sound, ethical business practices that bring good judgment and integrity to every business decision.”
Target’s high standards for conduct mean the company is committed not only to maintaining legal compliance, but operating its business ethically and with integrity. This commitment is the foundation of Target’s unique culture which strengthens its competitive advantage and supports the superior experience guests expect.
About the World’s Most Ethical Companies List
Thousands of companies in more than 100 countries and 36 industries were reviewed for their ethical leadership based on criteria ranging from corporate citizenship and governance to innovation, sustainable business practices and compliance. Only 100 companies were selected for the World’s Most Ethical Companies list including Target, which was the only “General Retailer” selected.
For more information about the World’s Most Ethical Companies list, visit www.ethisphere.com
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,740 stores in 49 states nationwide and at Target.com. Target is committed to providing a fun and convenient shopping experience with access to unique and highly differentiated products at affordable prices. Since 1946, the corporation has given 5 percent of its income through community grants and programs like Take Charge of Education. Today, that giving equals more than $3 million a week.