Praxis and investor partners recently convened a dialogue with Target to discuss the company’s human rights policies. The dialogue was a continuation of investor engagement with the company over the past several years and included updates and information about new initiatives.
Much of the conversation focused on Target’s monitoring and auditing program to ensure compliance with its human rights standards, including the Human Rights Impact Assessments the company performed in 2022.
In addition to improving the auditing of its own operations, Target is also working in partnership with industry peers and multi-stakeholder organizations such as the Responsible Business Alliance to address some of the broader systemic issues that contribute to child labor issues and human rights abuses.
Praxis has been in dialogue with Target on human rights, toxic chemicals, and other issues for over five years and will continue to engage with the company.
Target is held in the Praxis Value Index Fund.