0 Glossary Introduction Environmental Social Governance Indexes and Glossary About This Report GRI Index SASB Index SDG Inde x TCFD Index UNGPRF Index Glossary Term Definition Net positive A way of doing business that puts back more into society, the environment and the global economy than it takes out. This can be a broader term and applied beyond the climate conversation. Net zero emissions Net zero is achieved when a company’s scope 1, 2 and 3 emissions are reduced to a level that is consistent with a 1.5°C pathway, and any residual emissions are removed from the atmosphere through either nature- based or t echnological carbon-removal solutions (e.g., forestry, regenerative agriculture, carbon capture technology), by no later than 2050. Target has committed to being a net zero enterprise by 2040 — zero waste to landfill in U.S. operations and net zero emissions across both our operations and supply chain, inclusive of scopes 1, 2 and 3. Net zero enterprise By 2040, Target commits to being a net zero enterprise — zero waste to landfill in its U.S. operations and net zero emissions across both its operations and supply chain, inclusive of scopes 1, 2 and 3. Noncompliant due to repeat or excessive issues Repeat or excessive issues include events such as when a factory fails three consecutive audits, an excessive number of violations are discovered or the auditor is denied access twice. Noncompliant due to severe violations Severe violations include underage labor, forced labor, corporal punishment, attempted bribery, sandblasting, unauthorized subcontracting, egregious wastewater treatment and/or absence of appropriate licensing/permitting. Operational food waste The food waste that arises in Targets own U.S. operations (supply chain facilities and stores). Operations Our operations cover our team members, our stores and other physical locations. Does not include Shipt. Problematic packaging Single-use plastic items where consumption could be avoided through elimination, reuse or replacement, as well as those that, post-consumption, commonly do not enter recycling and composting systems (or wher e they do, are not recycled due to their format, composition or size). REACH Our Racial Equity Action and Change (REACH) committee was established in 2020 to drive racial equity for Black team members, guests and communities. REACH builds on 15 years of progress in creating a diverse workfor ce and setting diversity, equity and inclusion (DE&I) goals. Regenerative Operating the business in a way that does not just stop harming the environment but helps to restore and regrow natural systems. For example, regenerative agriculture is a rehabilitation approach to farming systems that focuses on t opsoil regeneration, increasing biodiversity and improving the water cycle. Resource positive To give back more — environmentally — to the planet than is taken (e.g., storing more carbon than emitted, eliminating waste, providing more clean freshwater than used). Science-based target (SBT) A GHG emissions reduction goal that is in line with what the latest climate science shows is necessary to keep global temperature rise at safe levels. SBTs define how much and how quickly companies need to r educe their GHG emissions to prevent the worst effects of climate change. SBTs are set at the company or vendor level; it is not a factory-level target. Learn more about SBTs from this FAQ page published by the SB Ti (see below). Science-Based Targets initiative (SBTi) The Science-Based Targets initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), established to help companies set emissions r eduction targets in line with climate science and Paris Agreement goals. This group defines the SBT criteria and guidelines and validates company targets. Validating SBTs with SBTi is optional but encouraged for Target business partners. Scope 1, 2 and 3 See “GHG emissions scope 1, 2 and 3” above. Supplier A partner that Target works with to develop, source and produce products. Suppliers may work directly with Target or the merchandise vendor. Suppliers may or not be designated to a merchandise vendor to utilize for specific pr oducts. Suppliers include factory and/or manufacturing locations. Supply chain All vendors, suppliers, manufacturers, contractors, subcontractors and their agents involved in the production of Target’s owned and exclusive brand products, or national brand products for which Target is the impor ter of record. Supply chain facility A Target operated warehouse facility that receives products from vendors, and handles, stores and ships such products to stores and guests. Sustainability The intersection of people, planet and business. Sustainable brands Brands or manufacturers with industry-leading products or services that have context-specific environmental and/or socially beneficial features, backed by credible standards or impact metrics. Sustainable practices May include circular design/capabilities, carbon, waste, raw material input reduction efforts, inclusivity and focus on Black communities, Indigenous communities and other communities of color (BIPOC). Sustainable supply chain A supply chain that manages and mitigates the negative impacts of the environmental, social and economic aspects of that supply chain. Target Clean This Target-created program denotes products formulated or made without specified ingredients, defined as <100 ppm of finished product. The list of ingredients varies by category. Products carrying the Target Clean symbol must also meet the definition of “cruelty free,” defined and validated as not tested on animals by each brand. Target Forward Target Forward is our vision to co-create an equitable and regenerative future together with our guests, partners and communities. 2022 Target ESG Report 106

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