Tractor Supply Releases 2022 Task Force on Climate-Related Financial Disclosures Report

Rhea-AI Summary

Tractor Supply Company (NASDAQ: TSCO) Releases 2022 TCFD Report, Commits to Science-Based Carbon Emissions Reduction Targets. The report aligns with TCFD’s recommendations and covers governance, strategy, risk management, and metrics. Tractor Supply commits to setting science-based targets to reduce carbon emissions, aiming to steward the land for future generations.

Company also commits to setting science-based targets to reduce carbon emissions

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, today released its 2022 Task Force on Climate-Related Financial Disclosures (TCFD) report. For the fourth consecutive year, the report is aligned with the TCFD’s recommendations for climate disclosure and includes information on Tractor Supply’s operations structured around four thematic areas: governance, strategy, risk management and metrics and targets.

Tractor Supply has also announced its commitment to setting science-based targets to reduce carbon emissions, in line with the Science Based Targets initiative (SBTi). These goals will create a reduction pathway that enables future generations to steward the land for years to come. Tractor Supply is in the process of developing science-based targets which will be submitted and validated by SBTi. These new targets will replace existing emissions targets covering Scope 1, Scope 2 and Scope 3, and hold the Company accountable for more meaningful reductions.

“We take our responsibility to be good stewards seriously. For the fourth consecutive year, we are pleased to release our TCFD report, in addition to announcing our commitment to align our carbon reduction goals with SBTi,” said Noni Ellison, general counsel and head of stewardship efforts for Tractor Supply. “We believe these efforts create resiliency not only for the environment and future of Life Out Here, but also for our company, shareholders and team members.”

To learn more about Tractor Supply’s Stewardship efforts and view the TCFD Report, visit https://corporate.tractorsupply.com/Stewardship/stewardship/.

About Tractor Supply Company

For 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 291 on the Fortune 500. The Company’s more than 50,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

As of September 30, 2023, the Company operated 2,198 Tractor Supply stores in 49 states, including 81 stores acquired from Orscheln Farm and Home in 2022 that will be rebranded to Tractor Supply by the end of 2023. For more information on Tractor Supply, visit www.tractorsupply.com.

Tractor Supply Company also owns and operates Petsense by Tractor Supply, a small-box pet specialty supply retailer providing products and services for pet owners. As of September 30, 2023, the Company operated 195 Petsense by Tractor Supply stores in 23 states. For more information on Petsense by Tractor Supply, visit www.Petsense.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231116307379/en/

Mary Winn Pilkington (615) 440-4212

Joseph Underwood (615) 440-4658

investorrelations@tractorsupply.com

Source: Tractor Supply Company

FAQ

What is Tractor Supply Company's ticker symbol?

Tractor Supply Company's ticker symbol is NASDAQ: TSCO.

What does the TCFD report cover?

The TCFD report covers governance, strategy, risk management, and metrics related to Tractor Supply's operations.

What are Tractor Supply's commitments regarding carbon emissions reduction?

Tractor Supply commits to setting science-based targets to reduce carbon emissions, aligning with the Science Based Targets initiative (SBTi) to create a reduction pathway for future generations.

Who is Noni Ellison and what is their role at Tractor Supply?

Noni Ellison is the general counsel and head of stewardship efforts for Tractor Supply, responsible for the company's legal matters and environmental stewardship.