Tractor Supply Company Deepens Commitment with New Sustainability and Diversity, Equity and Inclusion Goals

Tractor Supply Company today announced new, robust goals to further reduce carbon emissions from its operations as well as new diversity, equity and inclusion goals (DE&I) as part of the company’s longstanding commitment to its environmental, social and governance (ESG) journey of sustainability and stewardship.

“At Tractor Supply, we are a purpose-driven company. As such, we are proud to announce we are accelerating our progress towards becoming more sustainable with new targets for further reducing carbon emissions across our operations and the establishment of tangible goals for our DE&I practices. These new goals are meaningful to our business and are designed to drive positive environmental and social impact within Tractor Supply and our communities. Today’s announcement is a natural extension of our Mission and Values in action as we work to help ensure a sustainable future for all our stakeholders,” said Hal Lawton, President and Chief Executive Officer of Tractor Supply.

After exceeding initial carbon reduction goals set in 2018, Tractor Supply is setting new absolute carbon reduction goals to further reduce emissions from its operations by 20 percent by 2025 and by 50 percent by 2030 from its 2020 baseline. The company is also committing to achieving net zero emissions across all operations by 2040.

In this next phase of its sustainability journey, Tractor Supply will increase efforts to procure renewable energy, continue investments in energy efficiency and cleaner technologies, avoid future emissions through better design of both stores and distribution centers and enhance its Scope 3 focus with greater transparency and reduction efforts, including new vendor engagement to drive down value chain emissions.

Meanwhile, Tractor Supply is establishing comprehensive 5-year diversity, equity and inclusion goals to support and advance underrepresented groups across its workforce, vendors, suppliers and communities. This initiative includes the following goals, with the baseline from 2021 and achievement of the goals by 2026:

• Double the number of stores where Team Members mirror the communities it serves,
• Increase People of Color at the manager level and above by 50 percent ,
• Increase spending with diverse suppliers by 35 percent and
• Increase commitment to funding programs and education for Black and African Americans by 30 percent .

For more information on Tractor Supply’s ESG efforts and sustainability initiatives, please visit the company’s website and its 2020 ESG Tear Sheet.

For more information on Tractor Supply’s new sustainability goals, click here.