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Target Corporation Business Analysis

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1. Description of Corporate Social Responsibility Efforts 1.1 Overview of Corporation Target Corporation is a publicly traded company listed on the New York Stock Exchange. The company currently operates 1,802 stores in the Unites States and employs a total of 341,000 team members. Target is classified as an up-scale discount retailer and offers ecommerce through their website. 1.2 Summary of Environmental Initiatives Target has taken a multitude of steps to become more environmental friendly through its sustainability efforts. One of the initiatives the company adopted incorporates recycled plastic bottles into the production of the store-brand jeans. In 2015, this amounted to a total of 14.5 million bottles being used through a process that coverts the recycled material into a fiber called, “REPREVE.” Additionally, Target has been an industry leader in educating the consumers on how to recycle properly through adding the How2Recycle labels to its brand-owned packaging. Target was the first mass retailer to adopt these standardized labels to efficiently communicate recycling instructions. …show more content…

This includes increasing the number of solar panels on Target-owned buildings by 800% since 2010 (presently 193 sites as of 2016), with the plan of increasing this number to 500 stores and distribution sites by 2020. It is estimated that these panels can generate around one-third of the buildings’ energy. Target also joined the EPA Green Chill initiative to reduce the use of HFC in refrigeration systems, a chemical that is believed to contribute to climate change. So far, Target has opened two food distribution centers that are completely HFC-free thus reducing 900 metric tons of C02e. The plan is to continue replacing both distribution centers and stores refrigerators with this greener

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