Energy Efficiency, Commercial, Sourcing Renewables - June 12, 2019
Target’s goal: 100% RE by 2030
Target Corporation has committed to source 100% of its electricity from renewable sources by 2030. The goal applies to all of the retailer’s stores, distribution centers, and offices
Noting that the new goal builds on the renewable energy goals previously announced by Target, including reductions of Scope 1, 2 and 3 GHG emissions by 30% below 2017 levels by 2030, John Leisen, vice president, property management said in a statement, “At Target, we’ve been on a multi-year journey to operate our facilities more sustainably, and setting this ambitious goal is an important milestone,” adding, “We’re proud of the work we’ve already done with renewable energy in our stores, and we’ll continue to explore more opportunities and partnerships to realize this goal. We’ll track our progress closely, and we’re already working toward an initial checkpoint of sourcing 60% of our electricity through renewable sources by 2025.
Target intends to meet this goal by investing in renewable solar and wind energy projects around the country. The announcement cited recent PPAs, including the Lone Tree Wind Project in Illinois with Leeward Renewable Energy, LLC, and Sand Fork Solar in Texas with ENGIE, which are estimated to generate a combined 556,000 megawatt hours of renewable electricity, the equivalent of 280 Target stores annually throughout the U.S. Today, an estimated 22% of the electricity Target uses to power our business comes from renewable sources.
The company also reported on sustainability upgrades at their facilities, including the addition of rooftop solar panels at 500 locations by 2020. EV charging stations are being added at more than 100 sites across more than 20 states. LED lights have been installed at almost all of the retailer’s 1,800-plus stores, resulting in a 10% reduction in energy usage per year.
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