Sustainability Issues and Opportunities
OUR FOCUS
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Follows “Supplier Code of Business” (human rights, child labour, health safety, env laws/standards)
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Product sourcing: Guarantees sustainability of forests and
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natural resources
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Product safety/compliance
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Factory worker safety
Sustainability Issues
Sustainability Assessment
Initiatives & Integration
Why It's Important
Waste
Waste management and waste diversion is part of CTC’s sustainability programs
Waste reduction is very important to CTC’s sustainability efforts. The company sells a variety of products, which results in a lot of waste for CTC (from excess inventory) and also for the consumers. By tackling waste, CTC positions itself as a forward-thinking company; the added benefit is the cost savings from simply reducing waste.
Ethical Sourcing
In an information-ridden age, the company’s ethical sourcing initiatives are crucial to demonstrating corporate citizenship and a trusted Canadian company. Worker health, safety, and integrity is important, not only in its own operations, but that of its vendors and suppliers. It is an overlapping effort with the company’s
overall sustainability goals. Ethically sourced products helps create a brand CTC’s customers can relate to.
Energy Management
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ISO 14001 Environmental energy management standards
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Energy efficiency improvement in outlets and company facilities
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GHG emissions in report, but no benchmarks/ or year-over-year change
The company’s energy management is tied to their environmental footprint as it reduces green house gases (GHG), consumes less resources, and is less wasteful. However, it is something that is also directly tied to CTC’s financial performance, as energy consumption at retail operations can be very costly.
Commitment to Communities
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Canadian Tire Jumpstart: Providing children in financial need with access to sports and recreation
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Community charity for kids: >$9M in 2008
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Helped 151,000 kids since 2005
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Lucky Clover: Canada’s largest housing co-op for median income and families below poverty line
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Consulting with local community stakeholders
The company is known as a trusted and admired Canadian brand. CTC’s community commitment is pivotal to the way the brand continues to be seen around the country. It is the social side of their sustainability efforts, and the company sees it as an opportunity to leave a legacy.
Transportation and Logistics
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Efficiency in transportation is sustainability focus. Current efforts will improve freight capacity by 13%, so more products transported per trip
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In some parts of Canada, they’re switching from road distribution to rail, reducing emissions by 60%, however little innovation in clean energy for transport
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Improvements are being made in product packaging and preventing shipping damage of goods
CTC has the largest ground transportation network in the whole country. Efficiency in this activity is key to their sustainability performance. It is also something tied to direct cost per unit, and has an impact on the company’s financial performance.
GHG Emissions by Segment of Business
