0 Introduction Environmental Social Governance Indexes and Glossary What’s Inside 2 Introduction 3 A Message From Our Chairman and CEO 4 Q&A With Our Senior Vice President of Corporate Responsibility & President of the Target Foundation 5 Who We Are 6 Target Forward: Our Sustainability Strategy 8 ESG Priorities 9 Stakeholder Engagement 11 Progress Highlights 12 Environmental 13 Environmental Overview 14 Inside Environmental 15 Investing in Circularity 19 Climate Action 24 Responsible Resource Use 31 Social 32 Social Overview 33 Inside Social 34 Supporting Our Team Members 39 Board and Workplace Diversity 43 Products and Guest Experiences Built on Fairness and Equity 46 Serving and Strengthening Communities 53 Governance 54 Governance Overview 55 Inside Governance 56 Operating Ethically 63 Promoting and Protecting Human Rights 65 Indexes and Glossary 66 About This Report 67 GRI Index 84 SASB Index 89 SDG Index 96 TCFD Index 99 UNGPRF Index 105 Glossary Our report’s cover artwork was created by Raúl Villanueva. Raúl is a Mexican graphic designer and illustrator, and a member of the Target creative team. His work is influenced by his cultural heritage, personal experiences, art history and pop culture. Meet the cover artist . 2022 Target ESG Report 2