Tractor Supply Issues Inaugural Environmental, Social and Governance (ESG) Report
Tractor Supply Company today released its 2019 Environmental, Social and Governance (ESG) Tear Sheet, which provides new and updated performance metrics and context related to the company’s environmental sustainability efforts, commitment to team members and communities and corporate governance.
“At Tractor Supply, we know that our customers, team members, shareholders and other stakeholders care deeply about what companies do for their communities, for their people and for the environment. As board members, we are deeply engaged with the oversight of the Company’s ESG issues, including being champions for diversity and equality and long-term value creation. We have prioritized our commitment to ESG and are focused on efforts for continual progress,” said Cynthia Jamison, Tractor Supply’s Chairman of the Board.
“As a purpose-driven company, we believe that a healthy environment, vibrant communities and transparency of our corporate governance practices are keys to a secure and prosperous future and we are dedicated to making further progress over time. In the midst of these unprecedented times, it has never been more important for us to work toward a more sustainable future,” said Hal Lawton, Tractor Supply’s President and CEO.
The ESG Tear Sheet complements the company’s annual Stewardship Report, which was primarily focused on the company’s environmental sustainability activities and was first published in 2013. The Tear Sheet provides updated metrics for key areas of performance including energy management, recycling efforts, community involvement and volunteering and corporate governance, among others. Further, to provide even greater transparency, the ESG Tear Sheet reports on previously undisclosed areas such as Tractor Supply’s diversity and inclusion program and pay equity, water use reduction efforts, labor conditions in the supply chain, product sourcing, Team Member recruitment, engagement and retention, hourly wage information and talent development.
The ESG Tear Sheet leverages global best practices, aligning with metrics from the Sustainability Accounting Standards Board (SASB) standards for the Consumer Goods and the United Nations Sustainable Development Goals (UN SDGs). To learn more about Tractor Supply’s ESG efforts and view the 2019 ESG Tear Sheet, visit Corporate.TractorSupply.com/ESG.