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Respondent CDP 2008: Canadian Tire

General Information
<>It requirement CDP questionnaire introduction answer like text box attach document
Canadian Tire Corporation growing network interrelated businesses 1 160 general merchandise apparel retail stores gas bars major financial services provider federally chartered bank company market capitalization $6 billion Canada's trusted companies businesses include Canadian Tire Retail Canadian Tire Financial Services Canadian Tire Petroleum PartSource Mark's Work Wearhouse Canadian Tire's corporate social responsibility policy guiding principles commit company reducing "energy use order reduce greenhouse gas emissions" recognize climate change significant long term impact business Given nature business significant contribution make global effort reduce carbon emissions remain focused energy conservation initiatives aimed reducing energy consumption reducing energy costs providing consumers environmentally responsible choices

 
<>Where available provide following identification numbers primary listings/ordinary shares information company Company Turnover (also known sales) millions US$
8600000000

 
<>ISIN number

 
<>CUSIP number

 
<>SEDOL number

 
1 - Risks and Opportunities
Question 1(a)(i) Regulatory Risks
<>How company exposed regulatory risks related climate change
We do not consider our company to be exposed to regulatory risks because... 
existing greenhouse gas (GHG) regulations minimal impact Canadian Tire large direct emitter site basis typically directly regulated

 
<>Would like provide additional information relating question provided
Yes 
Canadian Tire anticipates future regulations potentially impact company follows anticipate stringent emission standards future products contain generate release GHG’ s result expect product assortment expectations suppliers need change stores build today energy efficient built just years ago stores operation sites continue require updating heating ventilation air conditioning (HVAC) lighting systems energy prices rise products efficient efficiency standards change anticipate energy suppliers impacted GHG regulations result increase energy costs petroleum business required invest alternative fuel storage dispensing equipment new fuel products hydrogen bio fuels meet consumer demand mandated government widely available supply chain costs increase result fuel surcharges carbon taxes requirement incorporate alternative fuel vehicles transportation fleet reasons Canadian Tire Canada’ s largest shippers 2007 diverted 10 000 product loads traditionally carried truck rail significantly reducing emissions truck loads need limit emissions result restrictions motor vehicle transportation urban areas leading increased toll routes

 
Question 1(a)(ii) Physical Risks
<>How company exposed physical risks climate change
We do not consider our company to be exposed to physical risks because... 
business operations generally low physical risk short mid term climate change biggest impact felt communities serve believe risks broad based relate impacts infrastructure geographic weather conditions changing consumer behaviours enhanced regulations

 
<>Would like provide additional information relating question provided
Yes 
Potential physical impacts related infrastructure geographic weather conditions changing consumer behaviours enhanced regulations include temporary power losses extended power failures result store closures river sewer flooding damage restrict access store locations water shortages rationing interrupt flow normal business periods extreme heat drought restrict outdoor activities limit shopping visits stores result economic downturn extreme weather events impact supply chain efficiencies storms alter shipping routes delay departure/arrival dates globally sourced products rise sea level anticipated direct impact Canadian Tire network stores expected event trigger disruption potential displacement coastal populations damage farmland restrict access various ports lead downturn global economy extreme global climate changes require Canadian Tire redesign stores order ensure built withstand extreme weather impacts incorporate new building codes standards changing weather patterns impact timing seasonal changes turn impact company’ s performance specific quarters feature seasonal products

 
Question 1(a)(iii) General Risks
<>How company exposed general risks result climate change
We do not consider our company to be exposed to general risks because... 
believes business low general risk short mid term climate change exposures nature business biggest impact potential shifting consumer attitudes demands

 
<>Would like provide additional information relating question provided
Yes 
Canadian Tire anticipates climate change impact business future including increased demand industry responsibility product end life management issues require industry manage goods end life increased insurance costs shifting demand appropriate product assortments and/or assurance environmentally responsible products inconsistent electricity supply (brownouts and/or blackouts) supply shortages weather events shifting consumer loyalty related expectations environmental responsibility economic inflation climate change

 
Question 1(a)(iv) Risk Management
<>Has company taken planned action manage general regulatory risks and/oradapt physical risks identified
We have taken or planned action. 
Canadian Tire employs enterprise risk management (ERM) framework sets principles processes tools evaluating prioritizing managing risk effectively consistently organization key component ERM program establishment business units appropriate business disruption process ensure unit manage impacts extreme weather event related climate change issue 2007 Canadian Tire undertook development comprehensive corporate social responsibility (CSR) strategy identified key initiatives improve environmental performance result Canadian Tire currently developing implementing corporate wide energy program reduce conserve energy

 
<>Would like provide additional information relating question provided
Yes 
Canadian Tire’ s current environmental program focuses number energy conservation initiatives aimed reducing energy consumption reducing company’ s energy costs providing consumers sustainable environmental choices including • Canadian Tire Retail participates Ontario Power Authority’ s “ Kilowatt Counts” program participates similar programs Canada Kilowatt Counts program offers coupons savings energy efficient products – including outdoor solar powered lights compact fluorescent bulbs furnace filters outdoor motion sensors dimmer switches ceiling fans – redeemed participating retailers • Canadian Tire Retail currently working partnership Canadian Tire Retail dealers substantially reduce store energy consumption levels energy management program addition Canadian Tire stores implementing new lighting standards help reduce energy consumption help reduce energy consumption 40 cent • Canadian Tire’ s Supply Chain recently completed energy reduction project main distribution centres introduced building automation climate control lighting high efficiency lighting reduced number overall light fixtures energy consumption fixture project estimated reduce energy consumption distribution centres 15 percent annually approximately 5 2 million kilowatt hours year • Mark’ s Work Wearhouse installed programmable thermostats locations allows automatic shut heating ventilating air conditioning (HVAC) stores unoccupied initiative realized energy savings approximately 30 percent • Canadian Tire’ s Transportation group implemented number energy saving initiatives including introduction corporate fleet newer energy efficient trucks ensuring corporate fleet automatic shutdowns prevent prolonged idling time reducing number trucks road utilizing rail transportation (approximately 40 000 trailer loads moved rail 2007) consolidating trailer yards order minimize shunt moves yards • Canadian Tire’ s Real Estate team continues design build retrofit stores energy efficient stores built years ago Design features incorporated reduce energy consumption include energy efficient HVAC systems energy efficient lighting systems energy efficient motion sensor lighting systems building automation systems building new stores meet LEED – Leadership Energy Environmental Design – certification typically use 50 cent energy conventionally designed buildings • Canadian Tire Retail’ s “ Advance Green” energy program aimed educating customers energy conservation increasing awareness Canadian Tire’ s products help customers better manage energy needs Canadian Tire offers broad range energy management solutions including water conserving toilets shower heads programmable thermostats CFL light bulbs furnace filters solar patio lighting spot heating electric fireplaces insulation products energy monitoring devices example 2007 sales CFLs customers save approximately 2 4 billion kilowatt hours electricity life bulbs – support 200 000 Canadian households year fall Canadian Tire introduce environmentally friendly customer product choices help customers small steps reduce impact environment

 
Question 1(a)(v) Financial Business implications
<>How assess current and/or future financial effects therisks identified risks affect business
We assess current and/or future financial effects by... 
process continuous monitoring assessment improvement Canadian Tire employs enterprise risk management process evaluate monitor prioritize manage risk effectively consistently organization ongoing analysis includes environmental health safety regulatory geopolitical operational economic hazards/ disasters/business disruption risks result ongoing analysis Canadian Tire recently undertook extensive party review current CSR/environmental practices performance (including analysis various environmental management reporting systems place) work led development comprehensive CSR program identification key environmental priorities organization including need comprehensively track assess limited GHG emissions potential regulatory financial physical general risks impacts business currently putting necessary plans structures expertise place broaden capabilities area expand external reporting efforts financial effects climate change risks GHG emissions currently limited expect expand time plans place continue various energy conservation reduction initiatives reduce carbon footprint realize various efficiencies cost savings organization including global supply chain transportation fleet national retail store networks

 
<>Would like provide additional information relating question provided
No 

 
Question 1(b)(i) Regulatory Opportunities
<>How current anticipated regulatory requirements climate change offeropportunities company
We consider that current or anticipated regulatory requirements offer opportunities because... 
stringent emission standards regulations come effect regulators offer additional incentive programs partnership opportunities related energy conservation new building designs technology product innovations potential lead greater efficiencies cost savings additional opportunities automotive petroleum businesses provide consumers products services help reduce vehicle emissions consumer offerings include new automotive products (better performing exhaust systems catalytic converters) new environmentally friendly fuel products comprehensive automotive repair programs improve fuel efficiencies reduce emissions expanded services emissions testing repair facilities currently offer Ontario (Drive Clean) British Columbia (AirCare)

 
<>Would like provide additional information relating question provided
No 

 
Question 1(b)(ii) Physical Opportunities
<>How current anticipated physical changes resulting climate change presentopportunities company
We consider that current or anticipated physical changes offer opportunities because... 
lead growing demand weather related home repair products help customers respond severe weather events products include water storage devices home repair kits electricity generators tarpaulins camping stoves related supplies

 
<>Would like provide additional information relating question provided
No 

 
Question 1(b)(iii) General Opportunities
<>How does climate change present general opportunities company
We consider that climate change offers opportunities because... 
potential change consumer behaviour buying patterns opportunities include opening new product market opportunities gas electricity saving devices green power supply products energy efficient home appliances eco cleaners water purification related supplies stated previously growing demand weather related home repair products help customers respond severe weather events products include water storage devices home repair kits electricity generators tarpaulins camping stoves related supplies increased sales ability quickly adjust product assortment address climate change impacts meet changing consumer expectations leading competitive business edge additional opportunities automotive petroleum businesses provide consumers products services help reduce vehicle emissions new automotive fuel products comprehensive automotive repair programs improve fuel efficiencies reduce emissions expanded services emissions testing repair facilities strengthening customer shareholder loyalty company demonstrates environmental leadership organization including Foundation Families committed helping families communities need responding required emergency supplies equipment local disasters emergencies

 
<>Would like provide additional information relating question provided
No 

 
Question 1(b)(iv) Maximizing Opportunities
<>Do invest plans invest products services designedto minimize adapt effects climate change
Climate change has not led to investment or planned investment in order to maximise climate change opportunities. 
time Canadian Tire substantial investments products services potential maximize opportunities related climate change investments primarily area testing developing new energy efficient store prototypes reduce energy consumption half conventionally designed building (LEED energy efficient store models)

 
<>Would like provide additional information relating question provided
No 

 
Question 1(b)(v) Financial Business Implications
<>How assess current and/or future financial effects theopportunities identified opportunities affect business
We assess current and/or future financial effects by... 
process continuous monitoring assessment improvement Canadian Tire currently studying ways potentially assess current and/or potential future financial effects opportunities related climate change opportunities affect business Canadian Tire recently undertook extensive party review current CSR/environmental practices performance work led development CSR program identification key environmental priorities opportunities organization financial effects opportunities currently limited expect expand time plans place continue various energy conservation reduction initiatives reduce carbon footprint realize various efficiencies cost savings organization including global supply chain transportation fleet national retail networks addition Canadian Tire 1 000 environmentally friendly products store shelves continuing expand assortment offerings customers

 
<>Would like provide additional information relating question provided
No 

 
2 - Greenhouse Gas (GHG) Emissions Accounting
Question 2(a)(i) Reporting Boundary
Calculation tools assist companies calculating GHG emissions particular activities combustion fuels production processes http //www ghgprotocol org/calculation tools/all tools Companies new emissions reporting strongly recommended use tools assist calculations used calculation tool list question methodologies
<>Please indicate category best describes company entities groupfor response prepared

 
<>Would like provide additional information relating question provided
No 

 
Question 2(a)(ii) Reporting Year
<>Please explicitly state dates accounting year period GHG emissionsare reported
Dates selected

 
<>Would like provide additional information relating question provided
No 

 
Question 2(a)(iii) Methodology
<>Please specify methodology used company calculate GHG emissions select methodology used using radio buttons used GHG Protocol ISO 14064 1 references calculation tools used explanation calculation methods devised explain data sources Global Warming Potentials emission factors used calculations reference supplied calculation tool contact provider calculation tool information used methodology devised explain methodology including methods calculation data sources Global Warming Potentials emission factors

 
<>Would like provide additional information relating question provided
No 

 
Question 2(b)(i) Scope 1 Scope 2 GHG Protocol
<>Are able provide breakdown direct indirect emissions Scopes 1 2 GHG Protocol analyse electricity consumption

 
<>Would like provide additional information relating question provided
No 

 
Question 2(b)(i)(y) Scope 1 Scope 2 GHG Protocol Year 1 answers
<>Please enter dates reporting period specified (answer question 2(a)(i)) answer questions period selecting “ Add Additional Year Figures” button end webpage repeat process previous reporting period reporting period possible data going reporting period ending 2004 enter historical data reported information response previous CDP questionnaires

 
<>Please enter accounting year used report GHG emissions details
Dates selected

 
<>Scope 1 Direct GHG Emissions provide Total global Scope 1 activity Metric Tonnes CO2 e emitted

 
<>b Total Scope 1 activity Metric Tonnes CO2 e emitted Annex Bcountries

 
<>By country Scope 1 activity metric tonnes CO2 e individual country Using methodology state emissions country NB practical list emissions country country basis list countries significant emissions context business combine remainder “ rest world” information format (e g Excel) attach
Country Scope 1 Emissions
(metric tonnes CO2-e)

 
<>Scope 2 Indirect GHG emissions provide c Total global Scope 2 activity metric tonnes CO2 e emitted

 
<>d Total Scope 2 activity metric tonnes CO2 e emitted Annex Bcountries

 
<>By country Scope 2 activity metric tonnes CO2 e individual country
Country Scope 2 Emissions
(metric tonnes CO2-e)

 
<>Electricity consumptione Total global MWh purchased electricity

 
<>f Total MWh purchased electricity Annex B countries

 
<>By country – MWh purchased electricity individual country
Country

 
<>g Total global MWh purchased electricity renewable sources

 
<>h Total MWh purchased electricity renewable sources Annex Bcountries

 
<>By country – MWh purchased electricity renewable sources individual country
Country

 
<>Would like provide additional information relating question provided
No 

 
Question 2(b)(ii) Scopes 1 2 GHG Protocol
<>If unable Scope 1 Scope 2 GHG emissions and/or electricity consumption report GHG emissions able identify description emissions answered 2(b)(i) question 2(c)(i)

 
<>Would like provide additional information relating question provided
No 

 
Question 2(c)(i) Emissions – Scope 3 GHG Protocol
<>How identify and/or measure Scope 3 emissions

 
<>Please provide possible Details significant Scope 3 sources company

 
<>b Details metric tonnes CO2 e GHG emissions following categories Employee business travel

 
<>ii External distribution/logistics

 
<>iii Use/disposal company’ s products services

 
<>iv Company supply chain

 
<>c Details methodology use quantify estimate Scope 3 emissions

 
<>Would like provide additional information relating question provided
No 

 
Question 2(d) External Verification
<>(i) information reported response Questions 2(b) (c) beenexternally verified audited plan information verified oraudited

 
<>(ii) answer question 2d(i) Yes provide attach copy audit verification statement state plans verification

 
<>(iii) specify standard protocol information hasbeen audited verified

 
<>Would like provide additional information relating question provided
No 

 
Question 2(e) Data Accuracy
<>Does company place assess accuracy GHG emissions inventory calculation methods data processes systems relating GHG measurement provide details explain data accuracy managed

 
<>Would like provide additional information relating question provided
No 

 
Question 2(f) Emissions History
<>Do emissions reported accounting year vary significantly compared previous years explain reasons variations

 
<>Would like provide additional information relating question provided
No 

 
Question 2(g) Emissions Trading
<>i) Does company facilities covered EU Emissions Trading Scheme

 
<>If a) provide details annual allowances awarded company Phase years 1 January 2005 31 December 2007 details allowances allocated Phase II commencing 1 January 2008 cases enter numbers punctuation example enter 2000 instead 2 000 enter allowance Metric Tonnes CO2 1 January 2005 31 December 2005

 
<>1 January 2006 31 December 2006

 
<>1 January 2007 31 December 2007

 
<>b) provide details actual annual emissions facilities covered EU ETS effect 1 January 2005 enter emissions Metric Tonnes CO2 1 January 2005 31 December 2005

 
<>1 January 2006 31 December 2006

 
<>1 January 2007 31 December 2007

 
<>Phase II annual allowances1 January 2008 – 31 December 2008

 
<>1 January 2009 – 31 December 2009

 
<>1 January 2010 – 31 December 2010

 
<>1 January 2011 – 31 December 2011

 
<>1 January 2012 – 31 December 2012

 
<>c) impact company’ s profitability EU ETS

 
<>ii) company's strategy trading participating regional and/or international trading schemes (eg EU ETS RGGI CCX) Kyoto mechanisms CDM JI projects Explain involvement following EU ETS

 
<>CDM/JI

 
<>CCX

 
<>RGGI

 
<>Others

 
<>Would like provide additional information relating question provided
No 

 
Question 2(h) Energy Costs
<>i) identify total costs $ energy consumption fossil fuels electric power want enter number 1 ensure use decimal point (e g 0 3) comma (e g 0 3)

 
<>ii) percentage total operating costs does represent

 
<>iii) percentage energy costs incurred energy renewable sources

 
<>More details

 
<>Would like provide additional information relating question provided
No 

 
3 - Performance
Question 3(a) Reduction Plans
<>i) Does company GHG emissions reduction plan place provide details information requested currently plan place explain
No, we do not currently have a plan in place for the following reason(s): 
Canadian Tire's GHG emissions limited nature compared intense sectors anticipation growing requirements area Canadian Tire currently developing corporate wide energy program reduce conserve energy expected reduce overall carbon emissions

 
<>ii) baseline year emissions reduction plan

 
<>If want information rolling target

 
<>iii) emissions reduction targets period targets extend

 
<>iv) activities undertaking reduce emissions renewable energy energy efficiency process modifications offsets sequestration targets set timescales extend

 
<>v) investment required achieve targets time period

 
<>vi) emissions reductions associated costs savings achieved date result plan

 
<>Would like provide additional information relating question provided
No 

 
Question 3(b) Emissions Intensity
<>i) appropriate measurement emissions intensity company

 
<>Please company’ s emissions intensity figure measurement given want enter number 1 ensure use decimal point (e g 0 3) comma (e g 0 3)

 
<>ii) state GHG emissions intensity terms total tonnes CO2 e reported Scope 1 Scope 2 $m turnover EBITDA reporting year Scope 1/ US$millions turnover

 
<>Scope 2/ US$millions turnover

 
<>Scope 1/ EBITDA

 
<>Scope 2/ EBITDA

 
<>iii) company developed emissions intensity targets
No, we have not developed emission intensity targets for the following reason(s): 
currently focused developing robust energy management programs targets key performance indicators appropriate environmental tracking systems support overall goal reducing energy consumption advance establishing intensity targets

 
<>a) answer (iii) yes state emissions intensity targets

 
<>b) answer (iii) yes state reductions emissions intensity achieved targets time period

 
<>Would like provide additional information relating question provided
No 

 
Question 3(c) Planning
<>Do forecast company’ s future emissions and/or energy use
No, we do not (Please take the opportunity to explain why not and then go to question 4 a) 
currently focused developing robust energy management programs targets key performance indicators appropriate environmental tracking systems support overall goal reducing energy consumption advance forecasting future emissions energy use

 
<>i) provide details forecasts summarize methodology used assumptions able quantified forecasts Scope 1 Scope 2 emissions and/or electricity consumption enter numerical data page

 
<>ii) factor cost future emissions capital expenditure planning

 
<>iii) considerations impact investment decisions

 
<>Would like provide additional information relating question provided
No 

 
Question 3(c) (i) Planning Forecasted emissions/electricity use Year 1 answers
page gives opportunity numerical forecasts emissions electricity use possible provide emissions forecasts reporting periods Use “ Add additional year figures” button end page enter emission forecasts successive reporting periods Note enter numbers punctuation example use 2000 instead 2 000
<>Please enter accounting period used report GHG emissions details
Dates selected

 
<>Forecasted Scope 1 Direct GHG Emissions provide Forecasted Total global Scope 1 emissions Metric Tonnes CO2 e

 
<>b Forecasted Total Scope 1 emissions Metric Tonnes CO2 e Annex B countries

 
<>By country Forecasted Scope 1 emissions Metric Tonnes CO2 e individual country Using methodology state emissions forecasts country NB practical list emissions country country basis list countries significant emissions context business combine remainder “ rest world” information format (e g Excel) attach
Country Scope 1 Emissions
(metric tonnes CO2-e)

 
<>Scope 2 Indirect GHG emissions provide c Forecasted total global Scope 2 emissions Metric Tonnes CO2 e

 
<>d Forecasted total Scope 2 emissions Metric Tonnes CO2 e Annex B countries

 
<>By country Forecasted Scope 2 emissions Metric Tonnes CO2 e individual country
Country Scope 2 Emissions
(metric tonnes CO2-e)

 
<>Forecasted electricity consumptione Forecasted total global MWh purchased electricity

 
<>f Forecasted total MWh purchased electricity Annex B countries

 
<>By country – Forecasted MWh purchased electricity individual country
Country

 
<>g Forecasted total global MWh purchased electricity renewable sources

 
<>h Forecasted total MWh purchased electricity renewable sources Annex B countries

 
<>By country – Forecasted MWh purchased electricity renewable sources individual country
Country

 
<>Would like provide additional information relating question provided
No 

 
4 - Governance
Question 4(a) Responsibility
<>Does Board Committee executive body overall responsibility climate change state overall responsibility climate change managed answer parts (i) (ii)
No executive body has overall responsibility for climate change. 
area organization recently reorganized headed senior level sustainability executive works closely leadership teams business units key environmental initiatives energy reduction climate change

 
<>i) Board Committee executive body overall responsibility climate change

 
<>ii) mechanism Board executive body reviews company’ s progress status regarding climate change

 
<>Would like provide additional information relating question provided
No 

 
Question 4(b) Individual Performance
<>Do assess provide incentive mechanisms individual management climate change issues including attainment GHG targets provide details
No, we do not. 

 
<>Would like provide additional information relating question provided
No 

 
Question 4(c) Communications
<>Please indicate publish information risks opportunities presented company climate change details GHG emissions plans reduce emissions following communications i) company’ s Annual Report statutory filings
No 

 
<>ii) formal communications shareholders external parties
No 

 
<>iii) voluntary communications Corporate Social Responsibility reporting
No 

 
<>Would like provide additional information relating question provided
Yes 
Canadian Tire plans broaden tracking external reporting efforts area overall commitment provide clear disclosure financial results key non financial items currently report ongoing energy conservation reduction initiatives

 
Question 4(d) Public Policy
<>Do engage policymakers possible responses climate change including taxation regulation carbon trading provide details
No 

 
<>Would like provide additional information relating question provided
Yes 
limited nature emissions time fully engaged policymakers possible responses climate change including taxation regulation carbon trading anticipate engagement issues continue grow Canadian policymakers expand consultation processes advance climate change strategies targets

 
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