Target has some new rules for suppliers
Target will ask suppliers to disclose all ingredients and reformulate some products by 2022 as part of a new policy governing chemicals in the items it sells.
The retailer announced it is implementing a new chemical strategy that it calls one of the most comprehensive in the U.S. retail industry.
“Our chemical strategy will be one of the most comprehensive in the U.S. retail industry, including all Target-owned and national brand products and operations, not just formulated products,” says Jennifer Silberman, chief sustainability officer, Target. “It’s ambitious, but using our size, scale and expertise, we think we’ll be able to make significant progress. And we hope our robust approach will accelerate similar efforts across the industry. Ultimately, we want to bring all stakeholders together to innovate and champion a consistent, industry-wide approach to greener chemistry.”
As consumer demand for clean ingredients keeps growing, Target's new policy may be one way for the retailer to get out of its current sales slump and generate more customer traffic.
Target’s new chemical strategy includes goals such as:
- Achieve transparency to all ingredients, including generics such as fragrance, in beauty, baby care, personal care and household cleaning formulated products by 2020.
- Improve beauty, baby care, personal care and household cleaning product categories by formulating without phthalates, propylparaben, butyl-paraben, formaldehyde, formaldehyde-donors, or NPE’s by 2020.
- Improve textile products by removing added Perfluorinated Chemicals (PFC’s) from products by 2022.
- Improve textile products by removing added flame retardants that are potential carcinogens or pose harm to the guest, workers or communities by 2022.
- Invest up to $5 million in green chemistry innovation by 2022.
The retailer says it is working with its vendors, supply chain partners, NGOs and other organizations across the industry to identify unwanted substances in products and operations, understand how they impact health, and work to develop safer alternatives. Target says it will report on progress annually in its annual Corporate Social Responsibility Report.