Canadian Tire Releases Business Sustainability Initiatives Results


Canadian Tire Corporation has released the
results of its business sustainability strategy from 2010. 
Canadian Tire is one of the first Canadian companies to quantify
and report on the business impact of its sustainability initiatives
on a quarterly basis.



In fiscal 2010, Canadian Tire completed 389 initiatives,
forecasted to annually avoid approximately class=”xn-money”>$6 million in costs, 610 tonnes of waste,
and more than 7,800 tonnes of greenhouse gas emissions - equivalent
to the energy use and emissions from powering 1,000 Canadian homes
each year.



These initiatives focused on three key areas - products, product
transport and buildings - and included reduced packaging, fuel
efficiency enhancements to fleet vehicles, new energy efficient
store lighting, heating and cooling systems, and central energy
management.



In addition, Canadian Tire operates two low carbon energy
generation installations that include solar PV and geothermal
technologies. Since the start of operation in 2008 to the end of
2010, these installations have generated over 176,000 ekWh, which
helped to avoid 41 tonnes of greenhouse gas emissions in the local
economy.



Canadian Tire also contributed $17.9
million
to government-mandated community blue box and
industry product stewardship and recycling programs in
2010. 



With a focus on energy and climate, packaging and waste, and
products and services, Canadian Tire’s business sustainability
strategy has three aspirations: to profitably grow the business
without increasing the net carbon footprint of the economy;
eliminate unnecessary packaging while sending zero waste to
landfills; and provide innovative products and services that meet
customers’ needs without compromising the ability of future
generations to meet their needs.



“Continuing innovation is key to
developing new products, improving packaging and streamlining
processes that generate environmental benefits, profit and
shareholder value,” Tyler Elm, Vice
President of Business Sustainability.



“This can be seen in the work we completed in 2010 across the
enterprise. The continued integration of sustainability into our
corporate culture will help us achieve our goals,” saud class=”xn”>Tyler Elm, Vice President of Business
Sustainability.



Canadian Tire has further integrated sustainability into its
day-to-day operations by including sustainability objectives into
2011 operating plans and having a committee of the Board of
Directors oversee the Company’s efforts.” 



Progress made is reflected in the overall full-year
results:1















































 Products and

Packaging
Product

Transportation
Buildings and

Operations
Total
Completed Initiatives16143185389
Energy Avoided (GJ)22,4175,96278,019106,398
GHG emissions Avoided (tonnes)1,7384295,6777,844
Equivalent number of Canadian homes powered
(annually)
211.756.3736.71004.7


Source: micro.newswire.ca

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