Tractor Supply Releases 2020 Task Force on Climate-Related Financial Disclosures Report
December 14 2021 - 9:00AM
Business Wire
Second Annual Report Details Company’s Strategy
to Mitigate and Address Climate-Related Risk
Tractor Supply Company (NASDAQ: TSCO), the largest rural
lifestyle retailer in the United States, today released its 2020
Task Force on Climate-Related Financial Disclosures (TCFD) Report,
furthering its commitment to Environmental, Social and Governance
(ESG) progress and transparency.
“At Tractor Supply, we have made significant progress
integrating climate-related risk awareness into our business
activities and overall strategy, corporate governance and risk
management,” said Hal Lawton, President and Chief Executive Officer
of Tractor Supply. “We remain focused on monitoring ongoing risk
and promoting sustainability through our Company actions. This TCFD
report is an important component of our commitment to transparency
and furthering our long-standing ESG efforts.”
The report follows Tractor Supply’s announcement of its goal to
reduce its carbon footprint and achieve net zero missions across
all operations by 2040. The report is in response to the Task Force
on Climate-related Financial Disclosures, an organization
established by the Financial Stability Board (FSB) in 2017 to
promote more informed financial decisions and to improve
understanding of exposure to climate-related risk. It is aligned
with the TCFD’s recommendations for climate disclosure and includes
information on Tractor Supply’s operations structured around four
thematic areas of governance, strategy, risk management and metrics
and targets.
In the TCFD Report, the Company discusses its approach to
evaluating and managing climate change risks and identifying
opportunities. The Company also details the next phase of its
sustainability journey, including increasing efforts to procure
renewable energy, continuing investments in energy efficiency and
cleaner technologies, avoiding future emissions through better
design of both stores and distribution centers, and enhancing its
Scope 3 focus with greater transparency and reduction efforts,
including new vendor engagement to drive down value chain
emissions.
For more information on Tractor Supply’s ESG efforts and
sustainability initiatives and to view the TCFD Report, please
visit the Company’s website at IR.TractorSupply.com/ESG.
About Tractor Supply
Company
Tractor Supply Company (NASDAQ: TSCO), the largest rural
lifestyle retailer in the United States, has been passionate about
serving its unique niche, targeting the needs of recreational
farmers, ranchers and all those who enjoy living the rural
lifestyle, for more than 80 years. Tractor Supply offers an
extensive mix of products necessary to care for home, land, pets
and animals with a focus on product localization, exclusive brands
and legendary customer service for the Out Here lifestyle. With
more than 45,000 Team Members, the Company’s physical store assets,
combined with its digital capabilities, offer customers the
convenience of purchasing products they need anytime, anywhere and
any way they choose at the everyday low prices they deserve. At
September 25, 2021, the Company operated 1,967 Tractor Supply
stores in 49 states, a customer mobile app and an e-commerce
website at www.TractorSupply.com.
Tractor Supply Company also owns and operates Petsense, a
small-box pet specialty supply retailer focused on meeting the
needs of pet owners, primarily in small and mid-size communities,
and offering a variety of pet products and services. At September
25, 2021, the Company operated 177 Petsense stores in 23 states.
For more information on Petsense, visit www.Petsense.com.
To stay up to date on all things for Life Out Here, follow
Tractor Supply on Facebook, Instagram and Twitter.
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Tractor Supply Company Mary Winn Pilkington (615)
440-4212 Marianne Denenberg (615) 440-4345
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