Canadian Tire
Canadian Tire Corporation, Limited, headquartered in Ontario, Canada, is a leading retailer in the automotive, hardware, sports, and leisure sectors. Founded in 1922, the company has evolved significantly, becoming a household name across Canada with a vast network of stores and a strong online presence. With a diverse range of core products, including automotive parts, home improvement tools, and outdoor recreational gear, Canadian Tire distinguishes itself through its commitment to quality and customer service. The company also operates several subsidiaries, such as Mark's and SportChek, enhancing its market position. Recognised for its innovative loyalty programme, Canadian Tire has achieved notable milestones, including being one of Canada's most trusted brands. Its extensive reach and comprehensive product offerings solidify its status as a cornerstone of Canadian retail.
DitchCarbon Score
How does Canadian Tire's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Canadian Tire's score of 55 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Canadian Tire's reported carbon emissions
In 2023, Canadian Tire reported total carbon emissions of approximately 6,088,300 kg CO2e for Scope 1, 30,441,000 kg CO2e for Scope 2, and about 6,493,682,000 kg CO2e for Scope 3 emissions. This reflects a significant portion of their overall emissions, with Scope 3 emissions being the largest contributor, primarily from purchased goods and services, which accounted for about 2,673,513,000 kg CO2e. Canadian Tire has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 40% by 2030, using 2020 as a baseline. This target includes emissions from both their operations and those of their Dealer-operated stores. Additionally, the company is committed to constructing new stores that are designed to be net-zero-ready by 2050, demonstrating a long-term commitment to sustainability. The company's emissions data shows a trend of increasing emissions from 2019 to 2023, with Scope 1 emissions rising from approximately 53,605,000 kg CO2e in 2019 to 60,883,000 kg CO2e in 2023, and Scope 2 emissions increasing from about 37,267,000 kg CO2e to 30,441,000 kg CO2e in the same period. This highlights the need for effective strategies to meet their reduction targets and mitigate their environmental impact.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 53,605,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 37,267,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,949,249,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Canadian Tire is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
