Financial News

Tractor Supply Issues 2023 Stewardship Tear Sheet in Conjunction with Earth Week Celebration

  • Fifth annual report details stewardship priorities and progress
  • Team Members and community partners participated in various Earth Week activities to support the company’s sustainability goals

Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, issued its fifth annual stewardship tear sheet, which includes performance highlights and progress made through 2023 on its sustainability priorities.

“Stewardship and the preservation of land and resources are an important part of our way of life here at Tractor Supply. Living close to the land, cultivating and growing, caring for pets and animals and embracing self-reliance and independence are key components of Life Out Here,” said Hal Lawton, president and chief executive officer at Tractor Supply. “Through our day-to-day operations and decisions as a company, Tractor Supply remains steadfast in its commitment to preserving Life Out Here for future generations. We’ve set ambitious stewardship goals and are excited to share the great progress we have made toward achieving them over the past year, thanks to the efforts of our team.”

Highlights of Tractor Supply’s 2023 Stewards of Life Out Here Tear Sheet include:

  • Announced commitment to set a science-based target to reduce carbon emissions, in line with the Science Based Targets initiative (SBTi). Tractor Supply is in the process of developing a science-based target, which will be submitted to and approved by SBTi.
  • Made significant progress toward its ambitious three-year water conservation goal to conserve 25 million gallons of water by 2025. In the last two years, Tractor Supply has planted approximately 68,000 trees, restored over 470 acres of riverbank landscape and conserved more than 10 million gallons of water through partnerships with Ducks Unlimited and Trout Unlimited.
  • Opened its first distribution center built to LEED Gold® certification standards and completed construction on another built to these exacting standards. Combined, these two distribution centers comprise more than 2.1 million enclosed square feet and are capable of offsetting 100% of electricity requirements with renewable energy.
  • Donated nearly $16 million to community organizations through direct giving, sponsorships, fundraisers and more. Tractor Supply welcomed its first class of FFA Future Leaders scholars as part of the Tractor Supply Foundation’s five-year, $5 million commitment, representing the largest agricultural scholarship of its kind.

Earth Week Activities

In celebration of Earth Week, Tractor Supply invited its Store Support Center (SSC) Team Members in Brentwood, Tennessee to participate in activities that support the company’s sustainability goals while lifting up local, regional and national nonprofit organizations. Activities included:

These initiatives follow the installation of six new EV charging stations at the SSC, underscoring the company’s commitment to reducing its carbon footprint.

To view the 2023 Stewards of Life Out Here Tear Sheet and learn more about the company’s sustainability strategy, visit Tractor Supply’s Stewardship page.

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 December 30, 2023, the Company operated 2,216 Tractor Supply stores in 49 states. 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 December 30, 2023, the Company operated 198 Petsense by Tractor Supply stores in 23 states. For more information on Petsense by Tractor Supply, visit www.Petsense.com.

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