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1、2024 REPORTROOTED IN PROGRESSBUILDING OUR SUSTAINABILITY AND SOCIAL IMPACTCONTENTSpage 01About this reportpage 02Introductionpage 04Our approach page 11Our associates page 24Our customerspage 26Our communities page 30Our planetpage 39Governance,ethics and compliance,data privacy and security page 43
2、Appendix12024 SUSTAINABILITY AND SOCIALIMPACT REPORT About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix ABOUT THIS REPORT Dollar Tree,Inc.has been reporting on the sustainability and social impact issues that are
3、 most critical to our people and our business since 2011.Forward-Looking StatementsStatements within this Report and on DollarTree,Inc.s website regarding the Companys environmental and social sustainability initiatives and future operating results,outlook,growth,plans and business strategies,includ
4、ing statements regarding projected savings and anticipated improvements to the Companys business and sustainability metrics as a result of its initiatives and programs,such as our net-zero goals and commitments,as well as any other statements that are not related to present facts or current conditio
5、ns or that are not purely historical,constitute forward-looking statements.These forward-looking statements are based on the Companys historical performance and its plans,estimates and expectations as of July 2024.Forward-looking statements are not guarantees that the future results,plans,intentions
6、,or expectations expressed or implied by the Company will be achieved.Matters subject to forward-looking statements involve known and unknown risks and uncertainties,including economic,legislative,regulatory,competitive,and other factors which maycause actual financial or operating results,levelsof
7、activity or the timing of events to be materially different from those expressed or implied by forward-looking statements.Important factors that could cause or contribute to such differences include execution of the Companys plans and its success in realizing the benefits expected to result from its
8、 initiatives and programs,including its sustainability initiatives,and the other factors set forth in PartI,“Item 1A.Risk Factors”in the Companys 2023 Annual Report on Form 10-K,as may be amended or updated in the Companys Quarterly Reports on Form 10-Q or other filings withthe SEC.Except as require
9、d by law,the Company specifically disclaims any obligation to update any forward-looking statements as a result ofdevelopments occurring after the date of this report,even if its estimates change,and you should not rely on statements contained herein as representing the Companys views as of any date
10、 subsequent to the date of thisreport.22024 SUSTAINABILITY AND SOCIALIMPACT REPORTDollar Tree and Family Dollar were founded on the belief that value and quality should be accessible to all.More than 60 years later,weve remained dedicated to creating value for our customers,associates,shareholders,a
11、nd communities.Looking back on the previous year,I am proud of the strides we have made on our sustainability and social impact journey.The year 2023 was marked by meaningful progress and action,particularly in environmental stewardship,associate engagement and belonging,ethics and compliance,and co
12、mmunity support.We have spent the past year developing our Rooted in Progress strategy,our enterprise-wide approach to sustainability and social impact that grounds the achievements outlined in the pages of this report.Rooted in Progress articulates our commitment and accountability to our associate
13、s,our customers,our communities,and our planet and the continuous improvement we have made in each of our focusareas.In 2023,we continued to improve our environmental impact and developed our first carbon reduction plan that paves the way for a more sustainable future.This plan encompasses a series
14、of operational improvements to reduce our emissions,opportunities to transition to renewable energy sources and deeper engagement with our suppliers.Most notably,we refreshed our emissions reduction goals,which are now Science Based aligned with a commitment to net zero by 2050.This step underscores
15、 our dedication to moving toward a low-carbon future and caring for our planet for generations to come.Turning inward,we continue to invest in our most valuable asset our associates.We enhanced our benefits,delivered new training programs for career advancement,and strengthened essential aspects tha
16、t contribute to the equitable well-being and development of our associates.Taking care of all our associates and creating a safe,inclusive place to work are crucial table stakes of any responsibleretailer.One area I am particularly proud of is our commitment to a Safety First,Safety Always culture t
17、hat prioritizes the safety and well-being of our associates and customers above all else.We have made considerable progress by strengthening our oversight and capabilities to implement our proactive approach to store safety as well as undertaking food and product quality and safety improvements at o
18、ur Distribution Centers.Lastly,we continue to invest the necessary resources,training and technologies in our Workplace Violence Prevention program.As we look ahead,I want to express my appreciation to our more than 211,000 associates for their unwavering commitment to our customers and the pillars
19、of our Rooted in Progress strategy.The steadfast dedication of our team continues to inspire me as they work incredibly hard to push us to greater achievements and uphold our promise of delivering value to our people,our communities and the environment.Collectively,we have established a strong found
20、ation for the future of our organization.Richard W.Dreiling Chairman and Chief Executive Officer Dollar Tree,Inc.INTRODUCTIONA message from Richard Dreiling,our Chairman and Chief Executive Officer,Dollar Tree,Inc.About this Report|Introduction|Our approach|Our associates|Our customers|Our communiti
21、es|Our planet|Ethics,compliance and privacy|Appendix 32024 SUSTAINABILITY AND SOCIALIMPACT REPORTA message from Jennifer Silberman,ourChief Sustainability&Impact Officer,DollarTree,Inc.I am delighted to introduce our 2024 Sustainability and Social Impact Report,which highlights the progress we are m
22、aking to advance our sustainability and social impact commitments.As one of Americas largest retailers,we have a unique opportunity to positively impact our people,the communities we serve and our planet.Over the past year,by gaining a deeper understanding of the expectations and needs of our associ
23、ates,customers,and communities,we identified where and how to focus our efforts.We understand that our businesss success is closely tied to how we operate,the role we play in society,and our responsibility as stewards of the planet.Our most recent environmental,social and governance(ESG)priority ass
24、essment helped us organize our priorities into four areas of ambition:creating equitable opportunities for our people,delivering quality and value for our customers,strengthening resilience in our communities and taking action for a changing climate and planet.Our Rooted in Progress strategy represe
25、nts a new chapter in our sustainability and social impact journey and lays the groundwork for future initiatives that will bolster our mission to provide exceptional value to all those we serve.Our Associates:Our people are at the core of everything we do.We continue to improve the professional and
26、personal livelihoods of our associates with the following initiatives:Enhanced benefits to better support our associates and their familys needs.Introduction of the“Value of You”employer brand to drive our talent strategy focused on attraction,development,and retention.Leadership development includi
27、ng our first District Manager Leadership Academy.Ongoing dedication to Diversity,Equity,Inclusion,&Belonging(DEIB)as a critical business driver aligned with our evolving strategy.Our Customers:Delivering value to our customers lies at the heart of our mission,and we have consistently invested in enh
28、ancing the customer experience through product quality and storeimprovements.Our Communities:This past year we spent time learning how we can better serve our communities and neighbors,including:Twelve focus groups to learn about community needs including neighborhood safety,livability,and economic
29、opportunity.Ongoing support for disaster recovery efforts including broadening the reach of our Associate Relief Fund.Our Planet:We recognize the health of our planet is our shared duty,and that we all must take action to protect it.Our progress includes:Decarbonization roadmap to inform the reducti
30、on of our carbon footprint in our operations and valuechain.Multi-year strategy to begin our shift to renewableenergy.Development of Scope 3 supplier engagementefforts.Steadfast commitment to transparent reporting by improving data management and accuracy,and refining greenhouse gas inventory method
31、ologies for precise emissions tracking.The progress highlighted in this report not only supports our business but also serves as the building blocks toward a brighter,more sustainable future.We hope you will join us on this journey as we continue to invest in our associates,serve our customers,stren
32、gthen our communities,and protect our planet.Jennifer Silberman Chief Sustainability&Impact Officer Dollar Tree,Inc.About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 42024 SUSTAINABILITY AND SOCIALIMPACT REPORTO
33、UR APPROACHOur ValuesOur Values guide our everyday actions and enable us to deliver value to our stakeholders and ourcommunities.Our MissionDollar Tree,Inc.is one of the largest value retailers in North America.Our mission is to provide amazing value and a great shopping experience to our customers
34、in every store,every day.Our organization is made up of engaged,productive associates from diverse backgrounds and experiences who help us deliver on our mission and drive consistent,profitablegrowth.About UsDollar Tree,Inc.s two iconic brands Dollar Tree and Family Dollar are ranked 137th on the Fo
35、rtune 500 list.Serving North America for more than 63 years,we are dedicated to making peoples lives better by delivering value andconvenience.16,000+storeswith 211,000 associates$30.6 billion in net sales Operating in 48 States&5 Canadian provinces 27 Distribution Centers including2 in CanadaHeadqu
36、arters in Chesapeake,Virginia87%of Americans live within 5 miles of a Dollar Tree or Family Dollar About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 52024 SUSTAINABILITY AND SOCIALIMPACT REPORTOur Approach to Su
37、stainability and SocialImpactThrough this report,we are introducing our first sustainability and social impact strategy.This important body of work guides the decisions we make as we continue in our business transformation.We believe our long-term success is intrinsically linked to the well-being of
38、 our associates,customers,communities,and the planet.To inform our strategy,we listened to all stakeholders that are connected with Dollar Tree and Family Dollar,charting a clear path to where we need to accelerate our areas of focus.With the launch of our sustainability and social impact strategy,w
39、e are now committed to upholding our responsibilities,maintaining transparency,and ensuring open communication about our initiatives and the milestones we achieve along the way.Determining our Areas ofFocusAt the core of our strategy is a focus on the environmental,social and governance(ESG)topics t
40、hat have the greatest impact on our business and our associates,customers,and communities.Our most recent ESG materiality assessment took place in 2023 and included input from internal and external stakeholders,reviews of the regulatory and retail landscape and emerging macro and sustainability tren
41、ds.We engaged with an extensive network of stakeholders,capturing diverse perspectives from senior leaders in the Company,associates,sustainability subject matter experts,investors,suppliers,community members and non-governmental organizations(NGOs).The outcome of this process was our prioritization
42、 matrix,which details 20 environmental,social and governance issues ranked in relation to most important to our stakeholders and most impactful to our business performance.The results of our assessment reveal the following topics as most important:access to high-quality,safe products,associate well-
43、being and safety,and climate risk and resilience.We continue to update our understanding and prioritization of sustainability topics through ongoing dialogue with stakeholders,regulatory compliance,and assessment of macroeconomic and sustainability issues.As we update our assessment in the coming ye
44、ars,we plan to draw on concepts from double materiality,including consideration of both the financial impact to our business as well as the impact to society and the environment resulting from our business operations and our value chain.About this Report|Introduction|Our approach|Our associates|Our
45、customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 62024 SUSTAINABILITY AND SOCIALIMPACT REPORTLevel of priorityCriticalStrategicImportantLevel of impact*HighMediumLowTopic categoryEnvironmentalSocialGovernance2023 ESG Materiality TopicsImportance to stakeholdersCriticalImpo
46、rtantCriticalImportantImportance to business objectivesBiodiversitySustainable products and packagingWater stewardshipClimate impact and equityEngagement in public policyCorporate governanceResponsible marketing and labelingData privacy and cybersecurityEthics and complianceCommunity engagementRespo
47、nsible sourcingWaste managementHealth and nutritionClimate risk and resilienceEnergy managementDiversity,equity and inclusionAssociate well-being,compensation and engagementSafe and healthy operationsAccess to affordable productsProduct safety and quality About this Report|Introduction|Our approach|
48、Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 72024 SUSTAINABILITY AND SOCIALIMPACT REPORTEngaging with StakeholdersAs one of Americas largest retailers,we recognize the role we play in serving a diverse set of stakeholders.In 2023,we embarked on a re
49、freshed stakeholder engagement and outreach program that encompassed various initiatives designed to facilitate active listening and learning.This strategy ensures that we are not only guided by the insights and concerns of those invested in our operations and impact but also actively responsive to
50、them.Through this collaborative exchange,we aim to align our actions closely with stakeholder expectations and enhance the overall effectiveness of our sustainability and social impact efforts.To better understand our associates perspectives,we launched our annual engagement VOICE and Pulse Surveys
51、in 2023 to invite feedback from our associates on topics ranging from culture,engagement,leadership,work environment,career growth and diversity and inclusion.This survey tool offers our corporate associates,as well as store managers and above in the field and Distribution Centers,a confidential pla
52、tform to share their perspectives with the organization.In 2024,we had an 80 percent completion rate for our annual survey.We also proactively manage relationships and engage in regular dialogue with a diverse group of external organizations including investors,nonprofits,and community groups to bet
53、ter understand their priorities and capture feedback on our progress.Over the last 18 months,we engaged with nearly 100 stakeholders through a series of interviews,dialogues,surveys,and focus groups on the following topics:Associate well-being and economic mobility Chemical management Climate action
54、 Community safety Diversity,Equity,Inclusion&Belonging Responsible supply chain Safety from workplace violence Sustainable products and packaging WasteIn addition to the engagement activities noted above,we continue to learn from our Board of Directors,management team,and internal business teams aro
55、und all aspects of our sustainability and social impact approach to ensure alignment to and integration with our overall business strategy.Stakeholder PrioritiesAssociatesHow we engaged Leadership meetings and town halls Annual engagement surveys Social collaboration tool and Company intranet Associ
56、ate Resource Groups Weekly Company news updates Store and Distribution Center communications Periodic associate listening and feedback sessions Integrity Matters Ethics HotlineEngagement outcomesInsights from our associate engagement and communication channels inform areas for investment,resources,a
57、nd training to support associate well-being and professional growth.CommunitiesHow we engaged Positive relationships and engagement on topics of interest and to understand their priorities Community dialogue and focus groups Local community participation Associate engagement and volunteering Custome
58、r donations and cause marketingEngagement outcomesIn 2023,we,along with the support of our customers and associates,donated nearly$14 million to communities across the United States and Canada.We hosted 12 community focus groups in 2023 to understand how to better support communities on the topics o
59、f safety,store conditions and product access.About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 82024 SUSTAINABILITY AND SOCIALIMPACT REPORTCustomersHow we engaged In-store engagement Ongoing customer feedback fr
60、om transactions Customer focus groups and insightsEngagement outcomesThrough our customer interactions and learnings,we continue to improve our assortment and value proposition for our customers.Government&Regulatory AgenciesHow we engaged Advocacy and relationship building on topics ofinterest Ongo
61、ing engagement with government institutions and regulatory agenciesEngagement outcomesWe continue to increase our proactive engagement with government and regulatory agencies to protect our license to operate and better serve our communities.Non-Governmental Organizations(NGOs)How we engaged Organiz
62、ational memberships Collective action on priority topics Ongoing direct engagement and dialogue to understand issues of interest and NGO prioritiesEngagement outcomesWe participate in several sustainability and impact-focused organizations.Our ongoing engagement informed our issue prioritization and
63、 strategy development.Insights have helped with the development of our net zero roadmap,our Workplace Violence Prevention program and community investmentpriorities.Investors&ShareholdersHow we engaged Quarterly earnings reports,including conference calls and SEC filings Annual Report and Proxy Annu
64、al Sustainability and Social Impact Report Ongoing engagement,investor questionnaires and off-season outreach on environmental,social and governance topicsEngagement outcomesTo better understand our shareholders perspectives,we requested engagement meetings with our top 50 shareholders representing
65、80%of our outstanding shares and met with 20 shareholders representing 48%of our outstanding shares.Suppliers&VendorsHow we engaged Supplier engagement on sustainability topics(climate,packaging,product quality and stewardship)Identification and increased spend with unrepresented suppliersEngagement
66、 outcomesWe are expanding our engagement with suppliers on several sustainability priorities.We plan to work with suppliers on our Scope 3 supplier engagement commitment and in the development of a packagingbaseline.About this Report|Introduction|Our approach|Our associates|Our customers|Our communi
67、ties|Our planet|Ethics,compliance and privacy|Appendix 92024 SUSTAINABILITY AND SOCIALIMPACT REPORTRooted in Progress With a long-term commitment to our people,communities and planetDefining Our ImpactAt Dollar Tree and Family Dollar,our roots ground us in our purpose to reach new heights.Just as th
68、e needs of our associates,customers,community,and planet are constantly changing,so are we.We are committed to fostering a workplace and culture that improves the livelihoods of our associates,where they feel cared for and a sense of belonging.We aim to meet the growing needs of our customers throug
69、h dependable everyday quality and value.We also believe in uplifting the diverse communities our stores and Distribution Centers serve,while also making strides toward a healthier planet for all.With a commitment to continuous improvement,and the following long-term commitments to our people,communi
70、ties and planet,we are Rooted in Progress.For our associatesFor our customersFor our communitiesFor our planetCreate equitable opportunities that promote economic well-being,inclusive experiences and safety for all our associatesWelcome our customers with an assortmentand store experience that deliv
71、ers quality,value and safetyChannel our resources to support inclusiveand resilient communities where we live,work and shopAct now to reduce our impact for a healthier and restorative planet today andtomorrow Jobs,resources and benefits tailored to meet associate needs and promote financial and emot
72、ional well-being Equitable career pathing,development and mobility opportunities Diverse and inclusive workforce that fosters engagement and belonging Safety-first culture focused on workplace violence prevention and safe store standards Standards,practices and partnerships to support product safety
73、 and quality Increased access to healthier,inclusive and sustainable product choices that deliver value every day Positive customer experiences and store environments Improved product stewardship and packaging that adds value for our customers Philanthropy focused on essential needs,economic opportu
74、nity and community vitality Community resilience through associate engagement,local support,and disaster response and recovery Proactive relationships with community stakeholders,law enforcement and government Advocacy on issues that impact the economic stability,well-being and safety of our communi
75、ties A commitment to climate action and net zero emissions to transition to a lower-carbon future Efficient energy use,sustainable packaging and enhanced waste management for a healthier planet Sourcing practices that contribute to resilient supplychains Support for improved access to community recy
76、cling and greening programsPolicies|Governance|Transparency+Disclosure|Supplier Relationships|Communication+Stakeholder Engagement|Community Investment ENABLERS About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix
77、102024 SUSTAINABILITY AND SOCIALIMPACT REPORTPartnering for ImpactWe recognize that the environmental and social challenges facing the retail and consumer products industries require systemic change and collaborative efforts.To this end,we actively seek partnerships with non-governmental organizatio
78、ns(NGO),industry peers,multi-stakeholder networks,coalitions,and community-focused organizations.By aligning with these groups,we leverage their expertise,resources,and networks to amplify our impact and accelerate progress toward our sustainability and social impact objectives.Some of the organizat
79、ions we work with and have identified opportunities for collaboration,include:ASSOCIATESCUSTOMERSCOMMUNITIESPLANET Emergency Assistance Foundation Hampton University Norfolk State University Worker Financial Wellness Initiative(JUST Capital)Sustainable Packaging Coalition The Sustainability Consorti
80、um Boys&Girls Clubs of America Operation Homefront Points of Light Red Cross Share our Strength Business for Social Responsibility(BSR)CEBA(Clean Energy Buyers Association)Closed Loop Beyond the Bag GreenBiz The Recycling Partnership RILA About this Report|Introduction|Our approach|Our associates|Ou
81、r customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 1 12024 SUSTAINABILITY AND SOCIALIMPACT REPORTOUR ASSOCIATESOur team is more than 200,000 strong.We work in thousands ofneighborhoods throughout the United States andCanada in stores,Distribution Centers and our corporateS
82、tore SupportCenter.Our people strategy is centered on three areas of focus:culture and belonging,talent and career growth,and elevated associate experience.Our associates may come to us for a part-time job and find a lasting career.Our business model provides a range of opportunities for those seeki
83、ng part-time retail jobs to supply chain management to corporate roles.We aim to attract,hire,and retain people who reflect the diverse communities we serve and are committed to creating a supportive,inclusive,and safe work environment where everyone has a chance to be successful.Culture and Belongi
84、ngAssociate Engagement:OurVOICESurveyEngaging and listening to our associates is critical to our success and helps build a strong foundation for our culture.As we advance our business transformation,we are focused on continuously improving how we gather and respond to feedback,in turn creating a bet
85、ter workplace for all associates.In 2023,we introduced our first engagement survey reaching more than 23,000 associates.Our VOICE Survey is intended to provide an annual in-depth look at our associates engagement and satisfaction with Dollar Tree and Family Dollar,career growth opportunities,and the
86、ir views on leadership within the Company.Additionally,we introduced the Pulse Survey in the fall of 2023.This shorter survey seeks feedback on specific timely topics allowing us to stay responsive and align in our approach to workplace improvements.Both surveys received strong participation and eng
87、agement numbers,and our first VOICE Survey received more than 63,000 comments.Our goal is to create an engaging and inclusive workplace,and our cultural survey and leader action plans address opportunities to continuously improve how we support our associates.One of the priorities identified from ou
88、r engagement conversations and survey action planning was to improve Company-wide communication and collaboration.In 2023,we launched a social collaboration tool for our associates to facilitate communication and opportunities for connection.Store managers joined our platform in early 2024,marking o
89、ur first connected communications channel reaching both corporate,field and Distribution Center associates.With more than 500 active communities,our platform serves as a central hub to share Company and brand news,celebrate inclusion and belonging through our Associate Resource Groups(ARGs),recogniz
90、e associates for living our Values,and help reinforce our safety-first mindset among allassociates.47,500 Promotions across ourorganization76%Female store managers87%Completion rate of WorkplaceViolence Prevention De-escalation training150%Improvement in S.P.E.E.D.compliance since program initiation
91、 in 2022Launched our first District Manager Leadership Academy with a goal of training 450 District Managers by the end of 2024Recognized by Newsweek as one of Americas Greatest Workplaces for LGBTQ+employees in 2023Key Highlights Culture and Belonging|Talent and Career Growth|Elevated Associate Exp
92、erience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 122024 SUSTAINABILITY AND SOCIALIMPACT REPORT2023 Workforce OverviewOur data represents a fiscal year 2023 workforce popu
93、lation of 211,826 associates and is based on self-identification:NOTE:Dollar Tree published our latest EEO-1 data covering U.S.associates as of December 31,2022.The job categories reflected in the EEO-1 data do not reflect Dollar Trees workforce organization,therefore the data in our report is prese
94、nted differently.43+43+28+28+22+22+3+3+2+2+1+1+11+MBlack/African American(AA)27%Hispanic/Latino 22%Undisclosed 2%Two or More Ethnicities 3%White 43%Asian 1%American Indian or Alaskan Native 1%Female 67%Male 33%Total Workforce 211,826ASSOCIATES Executives 27%Female73%Male68%White8%Other10%Black/AA6%H
95、ispanic/Latino7%AsianNew Hires 64%Female36%Male38%White7%Other31%Black/AA22%Hispanic/LatinoStore Managers 76%Female24%Male56%White5%Other21%Black/AAPromotions 72%Female28%Male46%White7%Other26%Black/AAPeople Leaders 70%Female30%Male57%White5%Other20%Black/AA1%Asian17%Hispanic/Latino1%Asian1%Asian1%A
96、sian20%Hispanic/Latino16%Hispanic/Latino Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 132024 SUST
97、AINABILITY AND SOCIALIMPACT REPORTOver the past year,we have made significant strides toward establishing a solid foundation for our DEIB initiatives.Our primary focus was establishing a roadmap to execute our multi year strategy and creating a structured framework within the DEIB team.With our dedi
98、cated team in place,we implemented the core elements of our strategy,including collaboration with the Associate Resource Group(ARG)community to support programming that promotes allyship,fosters a sense of belonging,and enhances cultural awareness across the enterprise.Through these efforts,weve aim
99、ed to create a more inclusive environment in which every associate feels valued and respected.Additionally,our team identified key external community partners and fostered strong relationships locally and nationally.These partnerships ensure our initiatives are aligned with our organizational DEIB g
100、oals and the broader needs of the diverse communities weserve.Our progress lays a robust groundwork for our continued DEIB journey.We remain committed to advancing these initiatives,building on the relationships we have established,and driving meaningful change within our organization andbeyond.Enga
101、gement through our AssociateResource GroupsThe expansion of our Associate Resource Groups(ARGs)is a testament to our commitment to creating a culture of belonging and advancing inclusion and equity within our Company and our communities.In 2023,we added three new ARGs,supporting our Veteran,Asian Am
102、erican Pacific Islander,and Hispanic associates,and now have six vibrant resource groups that are active throughout the year.These groups,led by associates and sponsored by executive leaders,provide associates with a community of support,mentorship from leaders,and opportunities to learn,share,and c
103、elebrate ourdifferences.Throughout 2023 and early 2024,we hosted ARG events that spanned the entire enterprise with attendance from our store and Distribution Center associates.The commitment to ensuring that our field associates are included speaks directly to our focus on inspiring belonging,raisi
104、ng cultural awareness,and fostering professional development and connection within our communities.Our ARGs are open to all associates,and we continue to expand outreach in the field to increase participation.1 Associate Engagement Promoting a culture of inclusion through associate engagement,profes
105、sional development,career growth,and other strategic actions aligned with our DEIB multiyear goals andobjectives.2 Talent Ensuring that all talent practices are fair and equitable,and that associates feel they are included and belong.We aim to attract,hire,and develop diverse talent to meet our grow
106、th objectives.3 Marketplace Increasing representation of our supplier partners from underserved communities and product offerings.We are focusing on identifying and partnering with socially and economically underserved vendors within our supply chain network and providing an assortment of diverse pr
107、oducts and brands that reflect the communities weserve.4 Community Cultivating collaborative partnerships by fostering a sense of goodwill among our associates,key stakeholders,and the diverse customers we engage with eachday.Fostering a Diverse and InclusiveWorkplaceAt the heart of Dollar Tree lies
108、 an unwavering commitment to fostering a culture where Diversity,Equity,Inclusion&Belonging(DEIB)are not just ideals,but lived experiences.Our journey toward a more inclusive workplace is centered around our core Value of Inspiring Belonging and creating opportunities for our associates to develop a
109、ndthrive.In 2023,we introduced our multiyear DEIB strategy,focused on integrating diversity and inclusion programs and initiatives throughout our organization centered on four pillars:Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About t
110、his Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 142024 SUSTAINABILITY AND SOCIALIMPACT REPORTOur ARGs include the following communities and were active in the following ways in 20232024:Asian American Pacific Islande
111、r(AAPI)League is committed to supporting and advocating for all Asian American and Pacific Islander individuals and our allies.Our dedication extends to promoting allyship and fostering an inclusive workplace environment by investing in professional development,cultural engagement,and community invo
112、lvement.HISPANICHispanic Heritage Network(HHN)helps the Company foster and celebrate the Hispanic/Latino culture and supports the recruitment,retention and development of our associates,communities,and allies.HHNs commitment is centered on cultivating and inspiring belonging and inclusion through st
113、rategic partnerships,associate engagement and initiatives that bolster our impact in the communities we serve.PRIDE is dedicated to championing the growth and development of LGBTQ+associates,allies,and the communities we serve.We aim to foster a positive work environment by inspiring belonging.Our c
114、ommitment to education and celebration reflects our unwavering dedication to the diverse LGBTQ+community.Veterans Engaging Together in Service(VETS)is dedicated to honoring and supporting the veterans within our organization,along with their families.VETS mission is to foster a community that promot
115、es camaraderie,growth,and success for those who have served our country.We aim to create an inclusive environment where veterans can share their unique experiences,skills,and perspectives.Through collaboration and mentorship,we seek to empower our members with professional development opportunities,
116、networking,and a strong support system.Together,we strive to contribute to the overall success and well-being of our veteran associates as they continue their journey in both civilian life and their careers within our organization.The mission of the Black Advocate Alliance(BAA)is to provide a networ
117、k of support for the advancement of Black associates together with our allies.We promote opportunities for leadership development and raise awareness and celebrate Black culture while fostering belonging and mutual respect.Champions for Women is dedicated to fostering a sense of belonging and,togeth
118、er with our allies,advancing the equality,development,and career progression of women within ourorganization.Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our commu
119、nities|Our planet|Ethics,compliance and privacy|Appendix 152024 SUSTAINABILITY AND SOCIALIMPACT REPORTAsian American Pacific Islander(AAPI)LeagueIn collaboration with the DEIB team,our AAPI League held weekly Dim Sum Thursdays,offering insights into AAPI culture and history,enhancing associate appre
120、ciation and inclusivity.During AAPI Heritage Month,our team featured several events including“38 at the Garden”screening followed by a fireside chat with film director Frank Chi,dance workshops,and a cultural showcase,emphasizing community connection,innovation,and tradition.A Leading Voices series
121、with AAPI leaders also promoted allyship and cultural understanding within Dollar Tree.Black Advocate AllianceThroughout the year,our DEIB team and BAA hosted several events in celebration of Dr.Martin Luther King Jr.s legacy and Black History Month.Dollar Tree stores highlighted Black culture throu
122、gh our merchandise,supported by a dedicated website landing page and social media campaigns to engage our customers.We also hosted the“Quest for Success”series,exploring Black excellence,which included a fireside chat on allyship with our CEO Rick Dreiling.BAA also organized voter registration,civil
123、 rights panels,financial health dialogues,and an Inclusion series in Atlanta,featuring a tour of the National Center for Civil and Human Rights.Throughout Black History Month,we also spotlighted Black-owned businesses and supported the Urban Leagues Project Ready focused on youth career preparation.
124、Champions for WomenIn 2023,we joined the Making Strides Against Breast Cancer Walk with 50 teams,raising over$29,000.Champions for Women also led our participation in the Bra-ha-ha event,where our“Wonderland Bra”won the grand prize.During Womens History Month,associates from our field leadership and
125、 stores attended the Develop Her Womens Summit held at the Memphis Botanical Garden,engaging in sessions on health,financial wellness,and growth.Our Board,which is 45%female,participated in a leadership panel at our corporate offices.Members Winnie Park,Diane Randolph,and Stephanie Stahl,discussed t
126、heir experiences in leadership and shared insights for aspiring female leaders and allies.Hispanic Heritage NetworkDuring Hispanic Heritage Month,our DEIB team and Hispanic Heritage Network organized several events to recognize the contributions of Hispanic Americans.Our celebrations in Miami were m
127、arked by our partnership with the Hispanic Association on Corporate Responsibility(HACR),the leading nonprofit organization dedicated to Hispanic inclusion in corporate America,to honor the rich cultural contributions of the Hispanic community.The event was hosted in collaboration with URBE Universi
128、ty and HACR,where a panel of Hispanic leaders from corporate America shared their inspiring journeys of overcoming obstacles to achieve success.This year,we were excited to extend our programming to Texas,broadening our reach and impact.PRIDEIn 2024,PRIDE participated in five Pride Parades throughou
129、t the United States and Canada,engaging ourDistribution Center associates and field leaders in the celebrations.Additionally,we hosted an Associate Resource Fair,bringing together 26 community partners at our Store Support Center where organizations shared valuable information about their programs a
130、nd activities designed to support the LGBTQ+community.Veterans Engaging Together in Service(VETS)On Veterans Day,we honored our veterans by creating commemorative coins under the Dollar Tree and Family Dollar brands.This gesture was a small token of our immense gratitude for the sacrifices made by o
131、ur veteran associates.Coins were distributed to our Distribution Center and stores for presentation.During the Veterans Day tribute at the Store Support Center,the coins were ceremoniously presented to our veterans and the families of veterans during a flag-raising ceremony.This event symbolized our
132、 deep appreciation and respect for their dedication and service to our nation.Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compli
133、ance and privacy|Appendix 162024 SUSTAINABILITY AND SOCIALIMPACT REPORTAs one of the United States largest employers,we are committed to supporting our associates through career growth and opportunity.With our new Value of You employer brand,we aim to foster an environment that attracts,develops,and
134、 retains top talent and strive to create a values-based and people-centric culture.Our talent approach is structured around five key areas:Our continued investment in talent and career growth is a testament to our dedication to our associates professional development and enabling the future of our b
135、usiness.Recruiting and Retaining Top TalentOver the past year,our talent strategy has focused on providing associates with opportunities to transform their jobs into thriving careers.We are proud of the progress we continue to make in enhancing our associate career opportunities.Our commitment to up
136、skilling and leadership development has led to a noticeable decrease in store manager vacancy gaps and improved retention rates,with a 20%reduction in field leadership and store manager vacanciesin2023.We have also continued our investment in our associates career advancement with a strong internal
137、promotion program.In 2023,we celebrated over 47,500 promotions across stores,Distribution Centers and corporate offices.In addition to driving strong retention and advancement,weve continued our focus on recruiting top talent,as demonstrated by a 36%increase in applications for store roles,a 24%rise
138、 for Distribution Center roles,and a 20%increase for Store Support Center roles.These achievements underscore our continued dedication to our associates and affirm our belief that our people are central to our success.1 Developing robust talent pipelines to promote a high-performing and diverse work
139、force that meets our evolving business needs and reflects the communities we serve.2 Offering comprehensive training and leadership development programs to enhance skills and support career progression.3 Optimizing training effectiveness to achieve operational excellence and translate into tangible
140、business results.4 Providing opportunities for progression,helping employees succeed in their current roles and prepare for future opportunities.5 Ensuring the quality and relevance of our training curriculum meets the needs of our associates at every level.These numbers reflect our investment in th
141、e professional growth of our associates and our efforts to strengthen our organizational capabilities to meet the challenges of a dynamic retail environment.We are proud of the progress we have made and remain committed to continuing our journey of fostering a culture of learning,development,and car
142、eeradvancement.Campus Internship PartnershipsOpportunities to develop talent begin early with our college internship program.To enhance our talent pipeline,we have forged strong partnerships with colleges and universities aimed at recruiting and developing emerging leaders.In 2023,we welcomed intern
143、s from numerous colleges and universities,including William&Mary,University of South Carolina,Liberty University,University of Lynchburg,Gonzaga University,Youngstown State University,and the University of Virginia.The students from this diverse group of institutions worked on projects ranging from
144、developing a go-to-market plan for a sustainable cleaning product assortment,to creating a risk management program for gifts cards.Our internship programs are designed to cultivate skills aligned with each interns desired career path,offering one-on-one mentorship with Dollar Tree leaders to support
145、 their growth and development,and providing a well-rounded experience for the students.Our programs success has been highlighted by Dollar Tree being named one of the Top Virginia Employers for Interns for two consecutive years by the Virginia Talent and Opportunity Partnership.Additionally,we have
146、actively engaged with the local community through events like Intern Night Out(2023)and Top 20 Under 20(2024),in collaboration with the Hampton Roads Workforce Council,to retain talent within the Southeastern Virginia region.Our partnership with Campus 757 has been instrumental in providing professi
147、onal development training during the“Summer757”programming.Our community work also extends to educational outreach,as evidenced by our presentations on“Preparing for a College Fair”to the Access College Foundation and“Marketing Your Best Self”for CIVIC Scholars Day through the Civic Leadership Insti
148、tute.These efforts underscore our commitment to contributing to the development of the next generation of professionals.Talent and Career GrowthRecipient of the 2024 Top Virginia Employers for Interns Award from the Virginia Talent and Opportunity Partnership.Culture and Belonging|Talent and Career
149、Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 172024 SUSTAINABILITY AND SOCIALIMPACT REPORTneed to thrive in their roles.Our Regional Trai
150、ning Managers are instrumental in this enhanced training process,with the responsibility of ensuring that each store manager completes the training fully prepared to meet the challenges of managing theirstore.Our investment in development extends to the district level with the District Manager-In-Tr
151、aining Program.This apprenticeship-style program is designed to impart the hard skills necessary for managerial success,from understanding how to run reports to fostering a positive Company culture.This hands-on approach ensures our future District Managers feel prepared and confident in their abili
152、ties to manage stores as they advance in their Dollar Tree careers.Cultivating Excellence Through Learning and DevelopmentIn the past year,we have made considerable advancements in our commitment to nurturing the talents of our associates.Recognizing the development of our people is inextricably lin
153、ked to the growth and success of our organization,we have embarked on a journey to enrich our learning and development programs like never before.We initiated our efforts by bolstering our training resources in the field,adding more Regional Training Managers and Zone Training Directors to our team.
154、These dedicated professionals are now specifically aligned with our two store brands,ensuring the training they deliver is highly relevant and customized to the unique requirements of eachbrand.A cornerstone of our enhanced training initiative is the Store Manager-In-Training Program.Here,we made st
155、rides to improve the quality of training by introducing new methodologies that are not only innovative but also designed to be more engaging and accessible.The training has been restructured to be more concise and digestible,incorporating a strong digital component that resonates with the modern lea
156、rner.The experience of our store managers in training has also been elevated.By immersing them in the model store environment,we provide a consistent and realistic setting for learning,which equips them with the practical skills they Expanding our outreach,Dollar Tree also engaged with Hampton Unive
157、rsity on multiple occasions.Our Dollar Tree merchandising teams played a supportive role in the Hampton University Case Study,demonstrating a hands-on approach to student learning and practical application of business concepts.By attending both the Spring and Fall Career Fairs,we provided a consiste
158、nt presence and support,ensuring students had access to career opportunities twice annually.We also hosted Information Sessions and Meet&Greets with business leaders to foster closer connections with students,generating a deeper understanding of our organizational culture and career pathways.Moreove
159、r,our sponsorship of a Faculty Ambassador allowed us to assist with programming on campus,including Hampton Universitys 5-year MBA Leadership Application Program(LAP)Day,showcasing our commitment to not only student development but also to the academic faculty and enhancing the educationalecosystem.
160、Historically Black Colleges andUniversitiesWe are proud of our growing relationships with the Historically Black Colleges and Universities(HBCUs)in our headquarters hometowncommunity.Over the past year,we expanded our partnership with Norfolk State University(NSU)by sponsoring the Universitys Fall a
161、nd Spring Career Fairs,providing students with opportunities to connect with potential employers and taking an active role in preparing them for these events.By participating as panelists in the“Get Ready for the Fair”sessions,we offered advice and insights to help students make the most of their ca
162、reer fair experience.Our involvement in the Student Pathways and Academic Formation(SPAF)Employer Panel Discussion contributed to the academic and professional development of NSU students as they seek intern and post-graduateopportunities.Culture and Belonging|Talent and Career Growth|Elevated Assoc
163、iate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 182024 SUSTAINABILITY AND SOCIALIMPACT REPORTtraining at our Store Support Center and focused on enhancing leader
164、ship skills,fostering trust,and collaborating to drive better business outcomes.The program concluded with a virtual graduation,where participants shared insights and learnings from the 8-week program.The Academys success is bolstered by ongoing support through virtual coaching circles,online worksh
165、ops,and on-the-job support from our Regional TrainingManagers.Since its launch,the program has already achieved notable milestones,with seven cohorts and 159 District Managers,including Regional Training Managers,having completed the program.We are progressing toward our goal of training 450 Distric
166、t Manager LeadershipAcademyIn January 2024,we launched the District Manager Leadership Academy,an eight-week program to hone the leadership abilities of our District Managers.Based on the Center for Creative Leaderships Lead 4 Success model,the program is centered on the four fundamental leadership
167、skills needed by every leader:self-awareness,learning agility,influence,and communication.The inaugural Academy sessions brought together 37 District Managers from Dollar Tree,Dollar Tree Canada,and Family Dollar.Participants engaged in intensive District Managers by the end of 2024.This initiative
168、will serve as a template for future development academies across various role levels,supporting our stores and nurturing thousands of leaders across ourorganization.Engagement Support TeamIn 2023,we developed an Engagement Support Team.This elite group of field leaders from across Retail,Supply Chai
169、n,and HR were nominated by their managers to participate in a training program that prepares them to become ambassadors for the Companys Positive Associate Relations strategy and play a key role in embedding our Values into theorganization.Over 270 leaders have gone through the multi-day training se
170、ssions,facilitated by experts in leadership,engagement,and communications.The Company will rely on this team to effectively identify and resolve associate concerns,develop their own teams to be stronger associate advocates,and support their peers in achieving positive people results.Enhanced Educati
171、on OpportunitiesWe offer enhanced education opportunities,including GED and ESL programs,along with discounted tuition options to all associates.These programs are designed to support our associates in their pursuit of personal and professional development,further emphasizing our commitment to their
172、 growth.“The DM Leadership Academy provides a space for you to identify who you are as a leader and what type of leader you want to be in the future.You are provided with the tools and skills to help you develop and build a roadmap to deliver better business results.You will leave the Academy inspir
173、ed,motivated,and engaged with a network of peers to support your continuedgrowth.”Kristin Strom,District Manager,Dollar Tree Canada Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|
174、Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 192024 SUSTAINABILITY AND SOCIALIMPACT REPORTElevated Associate ExperiencePay,Benefits,and Well-beingRecognizing that our associates are at various stages in their lives,we are committed to continuously evolving our pay
175、and benefits packages to best support them and their familys needs.Supporting the three dimensions of associate well-being mental,physical,and financial we are investing in an array of pay,benefits,and wellness programs to meet the holistic needs of our full and part-time associates.Our aim is to eq
176、uip every associate with the tools and resources necessary for their personal development,overall health,well-being,and financial security.We are committed to providing market-competitive pay for all positions,and we are a pay-for-performance organization,offering performance-based compensation oppo
177、rtunities at nearly all levels of the organization,including select hourly-paid positions.In 2023,we invested$175 million in annualized wages for our associates with 64%of wages directed to our hourly store associates,15%allocated for our Store and District Managers and 14%for our Distribution Cente
178、r teams.We strive to ensure gender and racial pay equity for associates performing equal or substantially similar work.In 2024,we plan to conduct a pay equity assessment to assess individual roles and look at age,gender,race,and ethnicity to ensure our compensation is equitable across the organizati
179、on.In 2023,we introduced several enhancements to our physical and mental well-being benefits including an updated Employee Assistance Program,Employee Well-being Solutions,with our partner UnitedHealthcare/Optum.All full-time associates are eligible to participate in our benefits and well-being prog
180、ram while part-time associates must average 30 hours a week to qualify.Our part-time associates have a wide range of resources and support available to them.Personal Growth and Well-being Mental Wellness Support:We provide a range of resources and programs to support our associates mental health,per
181、sonal resilience,andgrowth.Family Planning and Parental Leave:To support our associates personal life journeys,we offer up to 12 paid weeks of leave for adoption,maternity,and parental leave after the first year of employment.Through our partnership with Maven,we also offer adoption,surrogacy,and fe
182、rtility support to provide our associates access to inclusive family planning.Education and Development:Scholarship Program:We offer financial support for associates children pursuing higher education,with recipients receiving$1,000 for up to four years of college.Education Assistance:We are committ
183、ed to our associates career advancement,offering up to$5,000 per year for degree programs and$2,000 per year for GED/languagecourses.Health and Wellness Healthcare Coverage:Our healthcare,dental,and vision plans are complemented by substantial wellness programs to ensure a holistic approach to assoc
184、iates health and well-being.Part-time associates are offered limited medical,dental and vision plans.The following additional benefits are available to full-time associates who are enrolled in our medical plan.Disease Management and Lifestyle Programs:We offer full-time associates programs for diabe
185、tes and weight loss management,nutritional guidance,back and joint pain support,tobacco cessation,addiction support,cancer support,and a healthy pregnancyprogram.Centers of Excellence Surgery Program:We provide access to high-quality surgical care for ourassociates.Virtual Care:Our associates have c
186、onvenient access to virtual primary and urgent care visits.Medicare Transition Guidance:We offer assistance for those transitioning to Medicare.Financial Security Daily Pay:This benefit allows associates to access their earned pay on-demand,providing financial flexibility.Associates can track,save,a
187、nd transfer earnings on their own schedule.Retirement Savings Plan:Full and part-time associates can save for their future with a dollar-for-dollar match on contributions,up to 5%of pay.Part-time associates,who average just under 20 hours a week,are eligible after one year with theCompany.Employee S
188、tock Purchase Plan(ESPP):Both full-and part-time associates can purchase Company stock at a 15%discount four times ayear.Spending Accounts:We support financial planning with pre-tax reimbursement accounts for healthcare and dependent care expenses,including a Health Savings Account with wellness con
189、tributions of$400 for individuals and$800 for families,plus a match for dependent care up to$300.Associate Relief Fund:Our Associate Relief Fund is available to all associates who are facing financial hardship due to a personal crisis or naturaldisaster.In 2024,we plan to undergo an assessment to be
190、tter understand the financial health of our part-time,hourly associates and determine opportunities to support their financial well-being.Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our assoc
191、iates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 202024 SUSTAINABILITY AND SOCIALIMPACT REPORTComprehensive Approach toSafetyWe recognize the safety and well-being of our associates and customers is a key component of our continued success.As such,we have taken d
192、ecisive steps to improve our safety performance by investing in the training and technology required to enhance the overall safety of our people and our customers in our stores and Distribution Centers across the thousands of communities we serve.Management Commitment toSafetyCreating a safety-first
193、 culture is one of the highest priorities of our Executive Leadership Team,championed by our Chief Operating Officer and is embedded in all aspects of how we run our operations.Our expanded Asset Protection and Safety teams are led by our SVP for Asset Protection and Safety and include teams focused
194、 on Workplace Violence and Environmental,Health,and Safety.Their work is supported by a cross-functional team of leaders who address continuous improvement and root cause analysis of store-focused workplace safety and violenceissues.In 2022,we initiated our Comprehensive Approach to Store Safety(CAS
195、S)program recognizing the need for a holistic and proactive approach to address store safety and compliance.Our Safety First,Safety Always campaign exemplifies that safety is non-negotiable,and that together we all contribute to the safety of our associates andcustomers.Our Environmental,Health,and
196、Safety(EH&S)team and our store leaders ensure that Dollar Tree and Family Dollar stores implement CASS and create a store environment that is safe and inviting to both associates and customers.These teams follow established policies and standards to ensure compliance with OSHA standards.Over the pas
197、t year,we have expanded our approach to safety,integrating safety into the framework of how our stores operate.We incorporated safety into every field leader visit to stores and have developed industry leading data analytics to(1)proactively identify stores that may need additional support in safety
198、;and(2)provide that support through administrative controls and additional training.We ensured maximum visibility to safety performance to all field leaders,so that leadership has the right information and tools to drive the Companys Safety First,Safety Always commitment.Backroom Store Safety S.P.E.
199、E.D.Given associate safety incidents in the backroom of our stores,we are investing in training and technology to maintain safe back stockrooms.Protecting associates from injury is the objective behind our S.P.E.E.D.message.This program highlights five key safety actions our stores must maintain to
200、effectively reduce incidents from occurring and achieve our Safety First,Safety Always commitment.We have set an expectation that all stores must be S.P.E.E.D.compliant and have initiated a robust auditing program to recognize outstanding performance that is further enhanced with key performance ind
201、icators to identify potential concerns.In 2023 for example,our Asset Protection and EH&S teams performed over 23,000 store audits(either in-person visits or via backroom camera).Starting in 2024,we put measures in place to increase direct associate engagement to improve awareness and feedback on our
202、 S.P.E.E.D.safety program with increased store visits by the safety team and the creation of the Safety Advisory Group comprised of all levels of field associates.S Stacking height no higher than 8feet and stableP Pathways clear toall exit doorsE Extinguishers unblockedE Electric panels unblockedD D
203、oors unblocked,unlocked and clearMike Creedon,Chief Operating Officer,Dollar Tree,Inc.“Safety First,Safety Always is the guiding mantra for our store and Distribution Center teams.The safety of our associates and customers is our top priority,and we are passionate about providing training and suppor
204、t that aligns to our shared safety commitment.”Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 21202
205、4 SUSTAINABILITY AND SOCIALIMPACT REPORTTo further support our commitment to safety,we continuously enhance the safety policies,procedures,and training in our stores.These measures are designed to safeguard the well-being of our associates and customers.Through continuous education and adherence to
206、these policies,we ensure that every member of our team is equipped to maintain and promote a safe shopping and working environment and nurture S.P.E.E.D.compliance.This year we are updating our store safety manual,which guides our associates on the key components of our health and safety program,alo
207、ng with the basic safety training that all associates receive.While we look to continually improve in safety,our CASS program has proven successful in driving safety performance.Since its initiation,we have seen more than150%improvement in S.P.E.E.D.compliance,as measured through our auditing progra
208、m.In August 2023,we took a significant step forward in reinforcing our commitment to in-store safety by finalizing a comprehensive settlement agreement with the Occupational Safety and Health Administration(OSHA).This resolution addresses previous citations and inspections,marking a milestone in the
209、 Companys journey to enhance safety measures across all Dollar Tree and Family Dollar stores.The agreement underscores our dedication to creating a safe and healthy environment for our associates and customers.By proactively addressing safety concerns we are bolstering our robust safety programs tha
210、t will benefit our expansive network of over 200,000 associates and millions of customers.Workplace Violence Prevention ProgramAs a responsible retailer,we are committed to an improved comprehensive workplace violence program focused on promoting the safety of our associates and customers from viole
211、nce in and around our stores.Acknowledging workplace violence as an opportunity area,we have spent the last year building the team,programs,and resources to be more effective at preventing,mitigating,and responding to workplace violence incidents.The goals of our comprehensive approach include:Takin
212、g preventative steps to reduce the likelihood of workplace violence incidents by assessing risk and implementing protective control measures Identifying and addressing workplace violence incidents within the Company and with lawenforcement Providing support following a workplace violence incident,in
213、cluding,if needed,medical attention and mental health support services Providing training and communication to allassociates.This past year we hired our first Vice President of Investigations and Programs and Director of Workplace Violence Prevention,both of whom work closely with our Asset Protecti
214、on(AP)Field Team and other key business partners.This team is responsible for developing,implementing,and overseeing our program and workplace violence prevention efforts.Our Code of Conduct explicitly states our expectation of a safe working and shopping environment for our associates and customers
215、.We do not tolerate physical violence,verbal threats,verbal abuse,or other intimidating or threatening behavior,by associates or customers.We also do not allow associates to possess weapons in theworkplace.Our ApproachOur comprehensive efforts to keep our people and stores safe from violence include
216、 fiveareas of focus:TrainingInvestigationResponsePreventionCommunity Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and
217、privacy|Appendix 222024 SUSTAINABILITY AND SOCIALIMPACT REPORTTrainingOne of the most important preventative measures we can take is to train and support our associates on how to manage challenging situations and de-escalate wherever possible.Over the past year,we have rolled out comprehensive de-es
218、calation training to help associates address disruptive behaviors.We developed our de-escalation training with third-party experts and tailored it to meet the specific needs and circumstances of ourassociates.Training occurs through several channels,including online training,monthly safety meetings,
219、and on-the-job communication.Training is mandatory for all new associates,and on an annual basis we require refresher training and updates for all associates.Managers are responsible for ensuring that all safety policies and procedures involving workplace safety and violence prevention are clearly c
220、ommunicated and understood by all associates as well as responsible for ensuring their associates are current with their required workplace violence preventiontraining.We routinely examine our training programs and delivery methods and refine or develop new programs as appropriate to protect associa
221、tes and customers.We also have placed a specific focus on supporting our District Managers in their roles of coaching our store leaders on how to positively impact customer behaviors and creating an environment where people feel safe.InvestigationInvestigating workplace violence incidents is a signi
222、ficant component to preventing re-occurrence.We perform after-incident reviews and analysis to identify patterns,threats,and potential responses.Additionally,a hotline is available to all associates and is answered 24/7 by a live third-party call-center,which then provides reports to our workplace v
223、iolence team.We aim to investigate all concerns raised through the hotline and determine additional protective measures necessary to mitigate crime and promote safety from workplace violence.ResponseResponding quickly to associate needs when an incident occurs is critical.The safety of our associate
224、s and communities is a top priority,as is our ability to react quickly when we learn of a workplace violence incident.If determined appropriate,additional preventative measures are added to locations in response to a workplace violence incident.In addition,our Major Crimes Team supports the investig
225、ation of incidents and follows through on prosecution and restitution if needed.We work with and support local,state,and federal law enforcement to assist with the identification and prosecution of suspects who create unsafe situations in our stores.De-escalation TrainingThe following training progr
226、ams are part of our core Workplace Violence Prevention Program curriculum:De-escalation Basics De-escalation Essentials Your Role in Workplace Violence Prevention Managing Troubling People Managing Troubling Situations Active Assailant Training Threat Assessment TrainingAfter Incident SupportWe reco
227、gnize that a workplace violence threat and/or incident may be a traumatic situation for our associates.Offering after incident support is a critical part of our workplace violence prevention efforts,and one that we continuously assess to ensure we provide associates with the support they need.Some o
228、f the actions we take include:Notifications of our Emotional Well-being Solutions,our Employee Assistance Programresources Provision of additional benefits,support and/or leave to affected associates,including our Associate Relief Fund Referrals of community service resources Coordination with local
229、 law enforcement to enhance safety and security Further assessment of risk at store location Additional training or other resources to support Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our
230、associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 232024 SUSTAINABILITY AND SOCIALIMPACT REPORTPreventionWith more than 16,000 stores in the United States and Canada,we are present in different types of environments and communities.We aim to deploy a range of
231、 tools,techniques,and investments to prevent the occurrences of unsafe conditions in stores and improve the overall safety of our store and surrounding environments.In higher crime areas,we have made our stores more resilient by utilizing enhanced physical security protection standards,including act
232、ive roll-down gates,enhanced lighting packages,smart safe technologies,and active alarm systems.For specific high-risk incidents,we create a multi-stakeholder threat assessment group to review and analyze high risk incidents to collectively determine how to manage and respond to individual situation
233、s.In response to some high-risk circumstances,third party guards are placed in stores to support asneeded.CommunityWe care deeply about the communities we serve,and we prioritize close partnerships with local authorities and law enforcement to establish best practices including enhanced safety polic
234、ies,procedures,and training to protect our associates and customers.Over the past year,we have focused on strengthening our relationships with law enforcement and retail industry partners to support community safety.We are part of several industry collaborative groups focused on identifying and tack
235、ling issues that contribute to increased crime around retail environments,business districts and communities across the country.Enhancing community interactions has been a key priority as we evolve our workplace violence prevention program.Last year we participated in eight National Night Outs acros
236、s the country and aim to engage in 50 cities in 2024.We also hosted 12 community focus groups in three cities to better understand how we can engage with communities on issues around community violence,positive community interactions,civic engagement,and partnership.These focus groups helped to info
237、rm our community impact strategy,which we highlight in the Community Section of this report.Culture and Belonging|Talent and Career Growth|Elevated Associate Experience|Comprehensive Approach toSafety About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet
238、|Ethics,compliance and privacy|Appendix 242024 SUSTAINABILITY AND SOCIALIMPACT REPORTOUR CUSTOMERS Food Safety,Quality,andSanitationWe maintain a food safety program to assist our associates and suppliers in meeting our food safety expectations.Beginning in 2024,our dedicated food safety team became
239、 part of our Ethics&Compliance organization and is now led by our Vice President of Food Safety,Quality&Sanitation,a newly created role.Among other duties,this team drives end-to-end compliance in food safety,quality,and sanitation,including in our DCs and stores and via our supplier food safety pro
240、gram.We are entering our third year using an independent and accredited certification body to carry out a comprehensive audit of each of our U.S.Distribution Centers.Each of our U.S.Distribution Centers has passed the audit and is Good Distribution Practices(or“GDP”)certified.We plan to maintain thi
241、s distinguished certification at each of our U.S.Distribution Centers.Recognizing the importance of effective pest control to our business,this year we performed a detailed review of integrated pest management providers and consolidated our services with a single vendor across all network operations
242、.This consolidation will enable an end-to-end approach to pest management,giving us the ability to pinpoint where issues arise and to identify root causes.It allows us to leverage the industry expertise of our provider.Food and Product Safety and QualityAt Dollar Tree,we are committed to food and pr
243、oduct safety and quality.Indeed,we know that our customers rely upon us to provide safe,high quality,and affordable food and products.To do so,we have dedicated food and product safety and quality teams in our Ethics&Compliance organization that are focused on continuously enhancing our programs and
244、 practices around the safety and quality of our food and products.Over the past year,we continued to strengthen those programs and practices.With more than 16,000 stores across the United States and Canada,Dollar Tree and Family Dollar serve 100 million U.S.and Canadian households every year.Providi
245、ng our customers with access to affordable,high quality,and safe products is central to the promise of our two brands.In 2023,we launched our“Grand Opening Look Daily”(G.O.L.D.)program,which has already resulted in more than 1,100 stores achieving the“Grand Opening Look Daily”certification,rewarding
246、 our stores that meet the highest standards every day.Product Safety and QualityOur suppliers have committed to taking steps to ensure the products they provide to us are safe,compliant,and meet technical requirements.In particular,private brand over-the-counter drug products,medical device products
247、,cosmetics,and dietary supplements are subject to a rigorous internal quality management program.The requirements include that manufacturers hold an applicable Good Manufacturing Practices(“GMP”)certification and complete a detailed paper-based questionnaire to assess their quality systems.Additiona
248、l programmatic requirements include merchant and store associate training to promote a culture of quality and to enable our customers receive the best possible products.Key HighlightsMore than 1,100 stores achieved our Grand Opening Look Daily(G.O.L.D.)certification in the first year ofimplementatio
249、nReduced product packaging in select household cleaning items Introduced 12 new plant-based cleaning products growing to 24 by the end of 2024All 25 of our U.S.Distribution Centers are Good Distribution Practices(GDP)certified About this Report|Introduction|Our approach|Our associates|Our customers|
250、Our communities|Our planet|Ethics,compliance and privacy|Appendix 252024 SUSTAINABILITY AND SOCIALIMPACT REPORTProduct AccessDollar Tree and Family Dollar stores provide millions of Americans convenient,affordable goods for both the everyday and lifes special moments.Our strategic transformation for
251、 both segments includes providing more choices,value and convenience for customers including:Expansion of multi-price of frozen and refrigerated items at Dollar Tree Launch of more than 250 private label brands at FamilyDollarThe majority of our stores feature both frozen and refrigerated foods as w
252、ell as shelf stable options to support a balanced diet.Along with grocers,farmers markets and other fresh foods options,we help busy people meet their families needs for affordable,varied meals and snacks.Product Stewardship andPackagingWe recognize that chemicals are a key element in the materials,
253、products and processes within our operations and supply chain.In response to the growing demand from customers and investors for safer chemicals,materials,and products,we issued our first chemical policy in 2016,which focuses on addressing chemicals of concern.This year we are beginning the work to
254、update our chemical policy to a more comprehensive chemical management strategy including:Enhancing our corporate chemical policy by continuing our participation in the Chemical Footprint Project and other external stakeholder initiatives that promote the use of safer chemicals Improving our supplie
255、r data regarding chemicals,plastics and packaging Updating our Restricted Substance List(RSL)and ongoing reduction and elimination of high-priority chemicals beyond compliance Working to transition to safer chemicals andproductsReducing the environmental impact of our packaging is a new focus for th
256、e Company.In 2024,we plan to undergo the development of our first packaging baseline and footprint to assess the current state of our packaging environmental footprint to inform the development of product packaging goals and commitments and prepare us for current and future Extended Producer Respons
257、ibility(EPR)regulatoryobligations.Inclusive AssortmentWe are committed to providing our customers with more choices and value and have taken deliberate steps to reflect the diversity of the communities we serve in our product assortment.In the past year,we have expanded our product offerings to bett
258、er align to our customers preferences,ensuring that they feel a connection with our product mix and marketing efforts.We align our product inventory with cultural celebratory and awareness months,stocking products that resonate with our customers values and traditions.Over the next year we plan to d
259、evelop a supplier diversification strategy focused on providing diverse suppliers with the tools and support needed to access purchasing opportunities with Dollar Tree.Health in HandRecognizing the importance of helping our customers make informed choices for their health and well-being,Family Dolla
260、r has partnered with the Consumer Healthcare Products Association(CHPA)Educational Foundation to launch the“Health In Hand”program.This initiative is designed to empower Family Dollar shoppers with the knowledge they need to make educated decisions about over-the-counter(OTC)products and dietary sup
261、plements,particularly benefiting those in underserved or rural communities and individuals with lower health literacy.By integrating educational QR codes into our in-store OTC category wayfinding strips across all 8,000 stores,we guide customers to custom landing pages on HealthInHand.org.This resou
262、rce provides invaluable information about self-care categories,active ingredients,and specific products,with a focus on ingredient-based knowledge to assist customers in identifying the most suitable self-care items for theirneeds.Cage-Free EggsIn 2023,we updated our original 2016 cage-free egg comm
263、itment responding to changes in available supply,affordability and customer demand.Currently our Family Dollar stores in California,Colorado and Massachusetts sell cage-free eggs per those states legal requirements.As part of our updated commitment,we tested the sale of cage-free eggs in 63 Family D
264、ollar stores where we merchandised cage-free eggs alongside conventional eggs using clear signage to help identify which eggs were from caged hens.The results of our test were positive and encouraging,and in 2024,Family Dollar expanded its cage-free initiative to hundreds more locations.We are commi
265、tted to providing ongoing value and choice for our customers,including moving toward a more cage-freeassortment.About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 262024 SUSTAINABILITY AND SOCIALIMPACT REPORTOur
266、Strategy Philanthropy focused on essential needs,economic opportunity and community vitality Community resilience through associate engagement,local support,and disaster response and recovery Proactive relationships with community stakeholders,law enforcement and government Advocacy on issues that i
267、mpact the economic stability,well-being and safety of our communitiesOUR COMMUNITIES We aim to make a positive and lasting impact in these communities by providing accesstoaffordable essentialproducts,investing in efforts thatsupport overall economic well-being and contributing tothelivability andsa
268、fetyof communities,Our community efforts are guided by our Values of Serving with Accountability,Inspiring Belonging and Acting with Integrity and are made possible by partnering with a diverse set of national and local community organizations.Our strategy outlines our refreshed approach to communit
269、y and social impact.Over the past year,we have focused on learning more about the issues and challenges our communities face and opportunities to better serve them.We consolidated our previous community initiatives and determined a new approach to channel our resources to support and care for the we
270、ll-being of the families in the communities where we live,work,and shop.Our strategy prioritizes partnership and collaboration with nonprofit partners and local communities,associate engagement,community events,and financial and in-kind donations.Our Dollar Tree and Family Dollar stores,Distribution
271、 Centers,and corporate Store Support Center have the privilege of serving thousands of neighborhoods in the United States andCanada.12 community focus groups hosted in 2023 to learn how to better support communities in safety,store conditions and productaccess.Key HighlightsNearly$14 million in tota
272、l charitable donations in 2023 including associate,customer and vendor supportFamily Dollar/BGCA Doing More Platform was awarded the Golden Halo Award for Best Civic Engagement Initiative by Engage for Good and the Advocate for Americas Youth Award from Boys&Girls Clubs of AmericaExpanded our Associ
273、ate Relief Fund impacting nearly 500 associates in 2023 and launching our Immediate Response ProgramIn 2023,nearly 8,000 Dollar Tree stores collected 3 million school supplies for Operation Homefront Back-to-School Brigade and 4.6 million toys for the Holiday Toy Drive.Our donation efforts reached m
274、ore than 43,000 children of military families About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 272024 SUSTAINABILITY AND SOCIALIMPACT REPORTFocusing Our ImpactAs part of our strategy development work,we refresh
275、ed our community impact focus areas to support the well-being of communities and families in three ways:We aim to align our nonprofit partnerships,community grant program,in-kind donations,and other social impact initiatives across these three focus areas to drive greater impact and uplift the commu
276、nities we serve.Nonprofit Partnerships inActionOur national nonprofit partnerships have served as a backbone for our community investment efforts and represent the diversity of our associates,customers,and communities.We prioritize support for organizations that align with our refreshed community im
277、pact focus areas,including those that contribute to the vibrancy of the communities where Dollar Tree and Family Dollar operate.Through corporate,customer and vendor support,we contributed nearly$14 million in monetary and in-kind support to our national nonprofit partners andcommunities.Boys&Girls
278、Clubs of AmericaSince 2014,Family Dollar has supported the mission of Boys&Girls Clubs of America by investing in opportunities for Club youth.In 2023,Family Dollar launched Doing More,a platform created to amplify Boys&Girls Clubs of Americas Think,Learn,Create Change program.The goals for the Doin
279、g More are twofold:To empower young people by providing them with tools for advocacy that enable them to act on critical issues facing their communities and become the next generation of changemakers.To strengthen Family Dollars ties in local communities through meaningful partnerships with associat
280、es,customers and communitystakeholders.Doing More delivered significant impact in its firstyear Family Dollar supported the advocacy work of 17 Boys&Girls Club organizations,including projects combatting coastline erosion,raising awareness of teen mental health,and advocating for anti-violence educa
281、tion programs.400 Club youth and staff from 32 states attended the Summit for Americas Youth in Washington,D.C.3,100 Club youth were given access to the Think,Learn,Create Change program.Associates participated in more than 50 Clubevents.A donation campaign was activated in more than 8,000 stores ac
282、ross the country,encouraging support from ourshoppers.85.4 million people learned about our partnership through a brand commercial produced by Family DollarESSENTIAL NEEDS COMMUNITY VITALITY ECONOMIC OPPORTUNITYContributing to the livability of communities by investing in efforts that support overal
283、l stability,including safety,connectivity and resiliencyStriving for equitable and inclusive access by investing inefforts that address food andessentials insecurity,familystability and wraparoundservicesHelping people thrive by investing in efforts that support overall economic well-being,including
284、 financial health,youth development,and job skills training About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 282024 SUSTAINABILITY AND SOCIALIMPACT REPORTOperation HomefrontFor more than 18 years,our Dollar Tre
285、e banner has supported Operation Homefronts mission to build strong,stable,and secure military families so they can thrive in the communities they have worked so hard to protect.In 2023,Dollar Tree,along with its customers and associates,supported in-store collection drives and distribution events t
286、hroughout the United States.Nearly 8,000 Dollar Tree stores collected three million school supplies in support of the Back-to-School Brigade and 4.6 million toys in support of the Holiday Toy Drive.School supplies and toys were provided to 43,105 children of military families across the country at m
287、ore than 230distribution events.In 2024,Dollar Tree will launch the Live Your Values platform,combining forces with Operation Homefront for the greater good of military families.Through continued support of the collection drive programs,our customers will not only embrace value for themselves,but al
288、so leave a valued impact on military families through product donations.Our support will expand to offer grants to military families facing financial hardship through the Critical Financial Assistance program,and provide temporary,rent-free housing as well as financial education and support services
289、 to help families work toward self-sufficiency through the Transitional Homes for Veterans program.Growing Our ImpactAs part of our refreshed community impact strategy,we plan to expand our network of nonprofit partners to organizations that work in the areas of food access,financial well-being,and
290、community resiliency,disaster response and safety.We invested nearly$1 million in nonprofit partners across the country in 2023 and plan to unveil a Community Impact Grant program in 2024 in select markets across the United States to address local needs in our focus areas.Associate Support&Engagemen
291、tSupporting Our Associates:Associate Relief FundIn addition to investing in our communities,we support our associates in need of financial assistance due to a range of personal hardships,including illness,intimate partner violence,military deployment of a family member,and natural disasters.Administ
292、ered by the Emergency Assistance Foundation,our Associate Relief Fund distributed more than$500,000 in grants to 418 associates in 2023.Throughout the year we provide associates with several opportunities to help fellow associates in need,with their donations matched by the Company.Over the past yea
293、r,we took steps to improve the Associate Relief Fund applicant experience,including broadening qualified events,lowering the length of time associates must wait to apply for additional support,instituting the Immediate Response Program for FEMA-declared natural disasters,increasing the grant amount
294、an associate may receive for a qualified event to$2,500,and removing the lifetime grant award limit.As a result of improvements to the Associate Relief Fund,we granted an incremental$38,000 in 2023 for Hurricane Idalia relief and$224,000 in 2024 for Oklahoma tornado relief by activating the Immediat
295、e Response Program.Caring for Communities:Associate EngagementThrough engagement and volunteerism,our associates are making a lasting impact and meaningful connections in the communities we serve.Our associates volunteer their time and talents for Boys&Girls Clubs programs,Operation Homefront distri
296、bution events,service projects,mentoring and board service throughout the year.In 2024,we will continue engagement with nonprofit partners,expand organized service projects in communities across the country,and support our associates in building and strengthening relationships in their communities.C
297、ommunity Engagement PlaybookTo enhance and transform the way Dollar Tree and Family Dollar are experienced in communities,we are developing a community engagement playbook for field and Distribution Center leaders with best practices for building community relationships,being empathetic leaders,and
298、developing thoughtful and engagingpartnerships.About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 292024 SUSTAINABILITY AND SOCIALIMPACT REPORTBoys&Girls Clubs of America Keystone Teen Leadership ConferenceMore t
299、han 1,200 teens and their advisors attended the National Keystone Conference in Dallas,TX,bringing together Club youth ages 1418 to explore opportunities in academic success,career preparation and community service.Family Dollar hosted a booth at the College and Career Readiness Expo and sponsored a
300、“mic drop”training session focused on tools and approaches for local community advocacy.Youth of the YearThe Youth of the Year program recognizes young people for outstanding leadership,service,academic performance and dedication to health and well-being.In support of regional and national honorees,
301、Family Dollar and its vendor partners provided event sponsorship and scholarships.Family Dollar leadership served on the Southeast Youth of the Year selection committee and Southeast Youth of the Year event committee,while local Family Dollar associates attended the celebratoryevents.Workforce Readi
302、nessIn Houston,TX,Tampa,FL,and Jacksonville,FL,Family Dollar leadership offered Club teens insights into working with Family Dollar at merchandising and store levels.Back-to-School CelebrationOver 200 Club youth in Jacksonville,FL,helped celebrate store openings and the start of the school year with
303、 an event that included more than 12,000 product donations,monetary donations,entertainment,food trucks and more.Family Dollar corporate and local associates organized and worked on theevent.Holiday CelebrationIn Chicago,Family Dollar sponsored Union League Boys&Girls Clubs holiday events,providing
304、gifts to more than 15,000 families.During the events,local associates supportedcrafting,games,food stations and gift distribution.Operation Homefront Family EventsWhether handing out school supplies and toys or giving meals to families,Operation Homefront hosts many events for service members and th
305、eir families around the United States that Dollar Tree associatessupported.Military Child of the YearOperation Homefronts Military Child of the Year Award reflects the positive impact that young people have made on their military families,schools,and communities.Dollar Tree associates honored the no
306、minees by attending the awards gala.Other Events Community EventsOur associates also supported various local events including National Night Out,Shop with a Cop,Breast Cancer Awareness Walks,American Diabetes Association Tour de Cure,Bowl-A-Thons,and many others.Community Listening SessionsWe partne
307、red with Boys&Girls Clubs of Metro Baltimore and Philadelphia to coordinate six listening sessions with more than60 community advocates to learn how to better collaborate with the communities the stores serve on issues related to community safety and engagement.Community EventsOur associates activel
308、y engaged with our nonprofit partners in communities across the country.Disaster ReliefWe strive to make a difference in how our communities respond to natural disasters.From proactive support through the American Red Cross Disaster Responders Program to reactive support in the form of product and s
309、upply donations,we are committed to helping communities recover during their greatest times of need.About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 302024 SUSTAINABILITY AND SOCIALIMPACT REPORTOUR PLANETAddres
310、sing our climate impacts is an integral part of our Rooted in Progress strategy.Our approach encompasses the commitments we establish,the roadmap and actions we take to achieve our commitments,and an ongoing assessment of climate-related risks and opportunities.Over the past year,our efforts have fo
311、cused on the following areas:Finalizing our decarbonization strategy across both operational(Scope 1 and 2)and value chain(Scope3)emissions Refreshing and communicating our emissions reduction goals Building a renewable energy strategy that supports our net zero roadmap Laying the foundation to meas
312、ure these emissions more accurately overtime by improving emissions calculations methodologies and investing intechnologiesTo advance our commitment to climate action,we are excited to announce our ambition to achieve net zero by 2050.In addition to this long-term objective,we have established inter
313、im targets that align to the Science Based Targets Initiatives near-term target guidelines.The investments weve made in our decarbonization efforts over the past year lay the groundwork for the achievement of this ambitious target in the future.At Dollar Tree,we recognize the impact our business has
314、 on the environment.From the products we source to the energy used in our stores and supply chain to the products and packaging we distribute and sell,we are committed to minimizing our footprint and contributing to a healthy and resilient planet.Through our efforts,we are focused on addressing our
315、climate impact,managing waste,and conserving natural resources to minimize our environmental footprint and fostering a more sustainable future.Our climate targets Commit to reduce Scope 1 and 2 absolute emissions by 50%by FY2032 based on a FY2023 base year(aligned with a 1.5-degree climatescenario)C
316、ommit to have 67%of suppliers by emissions set or commit to science-based aligned targets by FY2029 Continue to advance the transition to renewable energy sources for our stores,Distribution Centers,and Store Support Center Achieve net zero emissionsby2050 About this Report|Introduction|Our approach
317、|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 312024 SUSTAINABILITY AND SOCIALIMPACT REPORTKey Highlights55,203MWh of renewable energyprocured(2.2%)50%completion of LED transition inDistribution Centers$113.1minvested in energy efficiency upgrades631
318、stores opened aligned withIn-Store Energy Efficiency Standard873HVAC upgrades 9999+Sof stores equipped with Energy Management System technology and LED lighting99%Sustainability Governance and Management ApproachOur Chief Sustainability&Impact Officer is responsible for our sustainability and climat
319、e strategy and oversees its implementation across our business.Cross-functional teams,including property management,operations,finance,merchandising,sourcing,supply chain,procurement,environmental,health and safety,and compliance collaborate with our CSIO to set our sustainability goals and roadmap.
320、Climate risk management is a part of our broader climate and sustainability strategy and is integrated into our overall Enterprise Risk Management(ERM)process.We have identified near and long-term actions to address environmental risk and regularly disclose them in our CDP Climate Disclosure and Tas
321、k Force on Climate-related Financial Disclosure(TCFD)disclosure.We initiated our first TCFD assessment in 20222023 and plan to update it 20242025.We also plan to update our environmental policies which govern how we manage environmental risk to align with our updated Code and Vendor Code ofConducts.
322、About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 322024 SUSTAINABILITY AND SOCIALIMPACT REPORTKey Highlights10,055stores that recycle Old Corrugated Cardboard(OCC)11%increase in recycled waste1,526Family Dollar
323、 stores that backhauled their OCC15,520stores that have deployed CERP program410,652tons of waste recycled in 2023 1,228tons of waste diverted in 2023(DT and FD)6%reduction in waste About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance
324、and privacy|Appendix 332024 SUSTAINABILITY AND SOCIALIMPACT REPORTEnhanced Data Readiness for Climate ActionRecognizing the importance of accurate and comprehensive data in driving effective climate action,we have focused on strengthening our foundational emissions data infrastructure,processes,and
325、reporting.In collaboration with Watershed,we have markedly enhanced the availability and quality of our Greenhouse Gas(GHG)inventory data,thereby enhancing the precision of our climate reporting and decision-making.Our data enhancements will also support our preparation for climate reporting regulat
326、ion as mandated by the Security and Exchange Commission and the State of California,and our continued disclosure to CDPs Climate Questionnaire.We will continue to invest in better data,because we understand that effective action is contingent on accurate measurement as we know we cant act on what we
327、 dont measure.GHG Emissions DataScope 1 1 direct emissionsScope 2 2 purchased electricity,steam,heat,and cooling3.1 purchased goods and services3.2 capital goods3.3 fuel and energy related activities3.4 upstream transportation and distribution3.5 waste generated in operations3.6 business travel3.7 e
328、mployee commuting3.11 use of sold products3.12 end-of-life treatment of sold productsScope 3 Scope 3 1.45%3.70%94.85%380,687968,58424,834,046Emissions:market-based(tCO2e)95+95+11+44+M12,713,503529,183369,6661,091,993152,10018,754513,2771,646,7637,798,8072023 GHG Emissions Data About this Report|Intr
329、oduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 342024 SUSTAINABILITY AND SOCIALIMPACT REPORTOur Path to 2032:Strategic Focus Areas for Emissions ReductionOur Value ChainTransportation and LogisticsOptimizationBy streamlining our t
330、ransportation and delivery routes,adopting fuel-efficient vehicles,and consolidating shipments toreduce the number of trips required,we are decreasing fuelconsumption and associated Scope 3 emissions.Supplier EngagementBy collaborating with suppliers to setsustainability and emissions reduction goal
331、s and adopt more sustainable practices,we are contributing to industry-wide change and reducing emissions throughout the entire value chain.Our OperationsEnergy Efficiency By investing in energy efficiency upgrades across our operations,stores,and Distribution Centers,we are reducing our Scope 1 and
332、 2 emissions and our energy costs by reducing the amount of energy needed to run ourbusiness.Renewable EnergyBy integrating renewable energy supply to our existing electric and natural gasprocurement efforts,wecontribute to the continued“greening of the grid”efforts and to decarbonize our existing d
333、eregulated supply.Waste Reduction andRecyclingBy investing in reuse and recycling efforts in our stores and Distribution Centers,we continue to reduce operational waste,increase our diversion rates,and address our Scope 3 impact inthiscategory.About this Report|Introduction|Our approach|Our associates|Our customers|Our communities|Our planet|Ethics,compliance and privacy|Appendix 352024 SUSTAINABI