Tractor Supply provides more info on sustainability and diversity
Tractor Supply Company has issued its inaugural Environmental, Social and Governance (ESG) Tear Sheet, which provides new and updated performance metrics and context related to the farm and ranch retailer’s environmental sustainability efforts.
The tear sheet complements the company’s annual Stewardship Report, which was primarily focused on Tractor Supply’s environmental sustainability activities and was first published in 2013. The new document provides updated metrics for key areas of performance including energy management, recycling efforts, community involvement, volunteering, and corporate governance.
Additionally, 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, and product sourcing. Recruitment, engagement and retention, hourly wage information, and talent development is also included.
“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,” said Cynthia Jamison, Tractor Supply chairman of the board. “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.”
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), Tractor Supply said.
“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,” said Hal Lawton, president and CEO of Tractor Supply. “In the midst of these unprecedented times, it has never been more important for us to work toward a more sustainable future.”
Based in Brentwood, Tenn., Tractor Supply Company operates more than 1,860 stores in 49 states along with 180 Petsense stores in 26 states. The company has more than 33,000 associates.