' II 1111 lllll 0 Introduction Environmental Social Governance Indexes and Glossary SDG Index About This Report GRI Index SASB Index SDG Index TCFD Index UNGPRF Index Glossary SDG Our Goals and Accomplishments Aligned Target F orward Ambition Who Is Impacted Aligned SDG T argets and Related SDGs 10. Reduced Inequalities Reduce inequality within and among countries. Our Goals: • By 2023, we aim to increase representation of Black team members across the company by 20%. • By the end of 2025, we’re committed to spend more than $2 billion with Black-owned businesses. • By 2023, Target aims to increase the promotional rate of people of color and women while reducing the rate of turnover. • Target plans to maintain a balance of male and female team members at every level of our company. • We are committed to working with supply chain partners and industry experts to prevent, identify and eradicate forced labor in our global manufacturing supply chains. Our Accomplishments: • The Racial Equity Action and Change (REACH) committee accelerates work to create racial equity for Black team members, guests and communities. It includes a $100 million investment t o fuel economic prosperity in Black communities, support funding of Black-led nonprofits and sponsor programs elevating Black stories and voices. • Our DE&I strategy is integrated through every business level, guided by continuous listening to and learning from stakeholders and collaboration with leading DE&I gr oups. • We publish an annual Workforce Diversity Report, showing team members are 50% people of color and 58% women. Additionally, people of color were paid 100% of the pay for whit e team members. • We are supporting local, Black-led organizations to ensure resources are designed for the communities they serve. We work with suppliers that are at least 51% owned, contr olled and operated by women, BIPOC, LGBTQIA+, veterans or people with disabilities. • Our inclusive design approach to products, packaging and brands reflects the needs of all guests, regardless of age, gender, race, culture, physical abilities or sensitives, shape or siz e. Additionally, we provide team members with Disabilities Awareness training and a disability toolkit to assist HR partners and leaders in ensuring those with disabilities feel supported and included. • In 2022, we announced a new starting wage range of $15 to $24, depending on the job and the local market. See chapters: Supporting Our Team Members, Board and Workplace Diversity, Products and Guest Experiences Built on Fairness and Equity, Operating Ethically, Promoting and Protecting Human Rights For more details: Target Forward, Diversity, Equity & Inclusion, Target’s 2021 Workforce Diversity Report, Target 2021 EE01 Report, Here are Target’s Latest Actions t o Advance Racial Equity, Racial Equity Action and Change, Target Commits to Spending More Than $2 Billion with Black-Owned Businesses by 2025 , Target P rovides Update on Commitment to Spend $2 Billion with Black-owned Businesses and Announces New Media Fund Initiative , Public Policy & Civic Engagement, Human Rights, Supply Chain Labor & Human Rights Policies, Supply Chain Social Responsibility, Ethics at Target, Standards of Vendor Engagement, Responsible Sour cing Audit Program, Responsible Sourcing Operations • Civil society or ganizations • Communities where we oper ate • Guests • Team members • Vendors SDG Targets: 10.1, 10.2, 10.3, 10.4 Related SDG: 5 11. Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable. Our Goals: • By 2025, Target and Target Foundation plan to evolve our philanthropic practices and place-based solutions to invite participation from communities. • By 2030, engage and elevate community voices as we seek to build and implement community-driven solutions. Our Accomplishments: • In 2021, we announced a $100 million investment through 2025 to help fuel economic prosperity in Black communities across the country. We’re doing so by suppor ting local, Black-led organizations to ensure that resources are specifically designed for the communities they serve. • Target provided more than $3 million to support communities impacted by natural disasters and humanitarian crises in 2021. • Target has invested more than $1 billion in the health and safety of our team members and communities since the start of the COVID-19 pandemic, including more than $15 million t o global, national and local community response and vaccine equity. • When disasters occur, we partner with nonprofit organizations to help those in need and support our team members and guests. Some of our recent efforts include suppor t to communities affected by the Marshall Fire, Southern and Midwestern tornadoes, Hurricane Ida, the Haiti earthquake, Afghan refugee resettlement, India coronavirus relief and Winter storm Uri. See chapters: Products and Guest Experiences Built on Fairness and Equity For more details: Target Forward, Target Foundation, Inside Target’s $100 Million Investment in Black Communities , Our Latest Effort in Our Commitment to Advancing Racial Equity, We’re Enhancing Our Target Scholars Program, with Scholarship Extensions *And* New Resources — Take a Look, Safety & Preparedness, Community & Store Safety, Disaster Preparedness & Response • Communities where we oper ate • Communities within the supply chain • Guests • Team members SDG Targets: 11.3, 11.7 Related SDG: 7, 9 2022 Target ESG Report 92