CTC ranked first among general merchants and is listed
on the Global 100 index for the third time
TORONTO, Jan. 19, 2022 /CNW/ - Canadian Tire Corporation,
Limited ("CTC") is proud to announce that it has, for the third
time, been listed as one of Corporate Knights' Global 100 Most
Sustainable Corporations. CTC ranked as the top general
merchandiser in the country and placed first among its peers
headquartered in Canada. These
achievements reflect the Company's progressive work in
environmental, social and governance practices and adds to a
growing list of awards and accolades for the Company's business
sustainability strategy.
![Canadian Tire Corporation Named Most Sustainable Retailer Among Canadian Peers on Corporate Knights’ ‘Global 100 Most Sustainable Corporations’ (CNW Group/CANADIAN TIRE CORPORATION, LIMITED) Canadian Tire Corporation Named Most Sustainable Retailer Among Canadian Peers on Corporate Knights’ ‘Global 100 Most Sustainable Corporations’ (CNW Group/CANADIAN TIRE CORPORATION, LIMITED)](https://mma.prnewswire.com/media/1729302/CANADIAN_TIRE_CORPORATION__LIMITED_Canadian_Tire_Corporation_Nam.jpg)
"This year marks Canadian Tire's 100th anniversary
and 100 years of helping Canadians for everyday life in
Canada," said Greg Hicks, President and CEO, Canadian Tire
Corporation. "Making life in Canada better also means considering how our
business decisions of today will impact our world of tomorrow, and
as a large corporation, we have a responsibility to ensure our
sustainability initiatives create positive environmental and social
outcomes for Canadians. This achievement speaks to our ongoing
sustainability efforts and progress and we're proud to see our work
recognized on a global scale."
"Corporate Knights' Global 100 ranking evaluates over 6,900
companies around the world, and the fact that CTC ranks among
the top 100 – and is first among our peers in Canada– is no small
feat," said Robyn Collver, SVP,
Regulatory Affairs and Chief Sustainability Officer, Canadian Tire
Corporation. "Across our group of companies, we continue to make it
a top priority to be more energy efficient, use fewer resources,
produce less waste, and provide our customers with more options to
reduce their own impact on the environment."
CTC's sustainability efforts centre around four key areas –
Sustainable Products, Energy Efficient, Reduce Resources and
Reduce Waste. In 2021, the Company helped co-found the Canada
Plastics Pact, a consortium of companies who aim to end plastic
waste and pollution. By continuing to work together with its
partners and employees, CTC is committed to operating sustainably
and bringing more sustainable solutions and innovations to its
business and retail operations. For more information on Canadian
Tire's business sustainability strategy, progress and performance,
visit: https://corp.canadiantire.ca/sustainability/.
ABOUT CORPORATE KNIGHTS GLOBAL 100 MOST SUSTAINABLE
CORPORATIONS
Corporate Knights' 18th annual
ranking of the world's 100 most sustainable corporations shows a
continued correlation between higher investor returns and strong
performance on key environmental, social and governance (ESG)
metrics. It also sheds light on the evolution of
ESG priorities and outcomes, and on the extent of the gap
between leading sustainability performers and their global
corporate peers. The ranking is based on a rigorous assessment of
6,914 companies with more than US$1
billion in revenues. For more information, please visit:
corporateknights.com/global100.
ABOUT CANADIAN TIRE
CORPORATION
Canadian Tire Corporation,
Limited, (TSX: CTC.A) (TSX: CTC) or "CTC", is a group of companies
that includes a Retail segment, a Financial Services division and
CT REIT. Our retail business is led by Canadian Tire, which was
founded in 1922 and provides Canadians with products for life in
Canada across its Living, Playing,
Fixing, Automotive and Seasonal & Gardening divisions. Party
City, PartSource and Gas+ are key parts of the Canadian Tire
network. The Retail segment also includes Mark's, a leading source
for casual and industrial wear; Pro Hockey Life, a hockey specialty
store catering to elite players; and SportChek, Hockey Experts,
Sports Experts and Atmosphere, which offer the best active wear
brands. The more than 1,700 retail and gasoline outlets are
supported and strengthened by CTC's Financial Services
division and the tens of thousands of people employed across
Canada and around the world by CTC
and its local dealers, franchisees and petroleum retailers. In
addition, CTC owns and operates Helly Hansen, a leading technical
outdoor brand based in Oslo,
Norway. For more information,
visit Corp.CanadianTire.ca.
SOURCE CANADIAN TIRE CORPORATION, LIMITED