TORONTO, March 19, 2012 /PRNewswire/ - Canadian Tire
Corporation, Limited (CTC, CTC.a) is proud to announce that its
business sustainability strategy and performance were recognized
with the GLOBE Award for Best Green Retailing Practices.
"Canadian Tire continues to raise the bar with its
work in business sustainability and we are very pleased to have
been honoured by The GLOBE Foundation," said Tyler Elm, Vice President, Corporate Strategy
and Business Sustainability. "We are successfully integrating
sustainability into our business strategy and operations and we are
highly optimistic about future opportunities to build on our
results."
The Green Retailing Practices Award is presented to
the company that has demonstrated excellence in executing
end-to-end sustainable practices and has made measurable
environmental performance improvements to its retail operations.
Considered to be the most high-profile national awards series of
its kind, the GLOBE Awards are judged by a panel of experts in the
Canadian business community to recognize leading Canadian companies
whose corporate sustainability practices yield bottom-line
results.
Canadian Tire's strategy aims to embed sustainable
practices in every aspect of its business operations, including:
management of its products and packaging from procurement through
post-consumer use, transport from suppliers to distribution centres
and stores, and the maintenance and enhancement of the buildings
portfolio and other operations.
Last week, Canadian Tire released its fourth
quarter and year-end business sustainability results, which
included 438 initiatives completed in 2011. Combined, these
initiatives are forecasted to avoid more than $5.6 million in costs, 2,451 tonnes of waste and
more than 6,900 tonnes of greenhouse gas (GHG) emissions annually.
These results are the equivalent to the energy use and emissions
from powering more than 1,080 Canadian homes.
"Far beyond a 'green' initiative, the business
sustainability strategy centres around three key areas - products
and packaging, transportation of products and buildings and
operations," continued Elm. "Canadian Tire promotes the use of
low-carbon energy, energy efficiency and material efficiency,
reducing greenhouse gas emissions and waste."
For more information on Canadian Tire's business sustainability
strategy, visit:
http://corp.canadiantire.ca/EN/MAD/BusinessSustainability/Pages/default.aspx
ABOUT CANADIAN TIRE
Canadian Tire Corporation, Limited (TSX: CTC.a)
(TSX: CTC) is one of Canada's
most-shopped general retailers and the country's largest sporting
goods retailer, with more than 1,700 retail and gasoline outlets
from coast-to-coast. Our primary retail business categories -
Automotive, Living, Fixing, Sports, Playing and Apparel - are
supported and strengthened by our Financial Services division,
which offers such products and services as Canadian Tire Home
Services, credit cards, retail deposits, in-store financing,
product warranties, and insurance. Nearly 68,000 people are
employed across the Canadian Tire enterprise, which was founded in
1922 and remains one of Canada's
most recognized and trusted brands.
SOURCE CANADIAN TIRE CORPORATION, LIMITED