Target Corporation is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.
Target Corporation is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the eighth largest retailer in the United States, and a component of the S&P 500 Index. The general merchandise retailer employs over 400,000 people domestically.
(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)
Many essential goods such as food, water, and cleaning products are purchased in stores. Large consumer-facing companies that offer a variety of products while eschewing revenue from tobacco can be responsible for a net-positive impact. Target Corp. is one such net-positive Humankind Value company. A Considerable amount of positive value is derived from Crop Production ($34.3 B), Economic Value ($23.3 B), and Medical Services ($3.1 B). Target produces economic value by offering to consumers goods and services that they value, paying employees for their labor in producing these goods and services, and providing value for shareholders. Its value associated with Crop Production contains our estimation of 712,216.8 equivalent years of life not lost to death or faced with a reduction in quality of life. Target’s positive value from Medical Services includes the impact of an estimated 65,134.0 additional years lived by people worldwide. Target could further increase its Humankind Value by addressing Calorie Conversion (-$18.3 B) and Food Waste (-$5.8 B). Economic Value and Food Waste are attached to this company as a result of its direct business activities. Crop Production, Medical Services, and Calorie Conversion are largely consequences of the actions of supply chain partners. For this firm, supply chain partners increase an already positive Humankind Value.