Corporate Sustainability and social Report 2020

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Tom Greco President & Chief Executive Officer

2020 Corporate Sustainability and Social Report

At Advance, we remain fully committed to evolving our business in response to global challenges to ensure we are driving sustainable value for our shareholders for the long term. Our Vision: “Advancing a World in Motion,” is an articulation of this commitment. Advancing a World in Motion is about driving the performance of our company, protecting the health, safety and wellbeing of our people, reducing our environmental impact and giving back to the communities in which we live and serve. Stated simply, it’s about how we support and care for one another while ensuring we leave our company and the world a better place for future generations.

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Many years ago, Advance Auto Parts began using the tagline: “The Best Part is our People.” While the wording has evolved over the years, the sentiment behind the statement has never meant more than it does today. At Advance, our team members mean more to us than the positions they hold. We think of each other as family. When people join our team, we CARE for them, we DEVELOP them, and we help them THRIVE at work and beyond. We know that when we take care of our people, they will in turn take care of our customers. This is how we Advance Stronger Together.


Though much of 2020 was focused on the health, safety and wellbeing of our team members and customers in response to the COVID-19 pandemic, we did not lose sight of our continued responsibility to care for the environment. We made progress in key areas like reducing energy consumption and carbon emissions and improving recycling and re-use opportunities.


In 2020, much of our corporate giving was in response to the immediate needs that resulted from the unfolding crises in the U.S. and around the world. Our support of existing philanthropic partners took on new meaning in the face of the COVID-19 pandemic and resulting economic downturn.


At Advance, we believe that strong corporate governance practices reflect the values and support of our strategic and financial performance in an ethical and sustainable manner. We believe that the strength of our governance practices enhances our ability to create long-term value, and in 2020, our foundation of good governance helped us navigate the many challenges that arose with resilience and flexibility.