ESG MATERIALITY ASSESSMENT
HIGHEST PRIORITY TOPICS FOR OUR BUSINESS
ENVIRONMENTAL
Hazardous Materials Management
We sell an incredibly broad range of products, and some of the products we sell contain oil, paint or other substances that call for special care. Our accountability for how we store and handle those products, including how we handle product components brought back to us at the end of the product’s lifecycle, impacts the planet and our business.
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SOCIAL
Employee Safety
Our stakeholders validated our perception that the health, wellbeing and safety of our team members is of paramount importance. We believe that building and sustaining a safety culture not only provides protection for our team, but also directly increases our productivity and the efficiency of our operations. We have made tremendous progress in safety at Advance over the past several years.
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Talent
The success of our business depends on our relationships with our customers and ability to exceptionally serve their needs. Attracting, retaining and developing the people best positioned to help us say “yes” to our customers is a key component of our strategy.
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Diversity, Equity & Inclusion
“Champion Inclusion” is a core value at Advance, and our ESG Materiality Assessment indicated that it is also a top priority for our business among our stakeholders. An engaged, collaborative workforce in which all team members bring the entirety of their authentic selves to work every day can leverage variation in background, thought and experience into better solutions for our customers, can help us provide a differentiated value proposition for team members and facilitates achievement of our long-term business goals.
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GOVERNANCE
Cybersecurity
In addition to selling products in stores, we conduct a significant amount of business online and use many network-connected tools in our operations. The integrity of our technological infrastructure and our ability to mitigate threats to systems that power our operations is a source of significant value to our business.
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ABOUT
PEOPLE
PLANET
COMMUNITY
GOVERNANCE
2022 ADVANCE AUTO PARTS CORPORATE SUSTAINABILITY AND SOCIAL REPORT | 11
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