Canadian Tire
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CAN |
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Retailer
This major Canadian retailer operates 1,700 retail stores under various banners throughout Canada. Acquired Helly Hansen in 2018.
Canadian Tire Corporation Ltd | CAN | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Canadian Tire Corporation Ltd | ||||
This company appeared at #38 in Corporate Knights' Best 50 Corporate Citizens in Canada 2020. Canadian-headquartered companies with an annual revenue of over $1 billion are scored on up to 21 indicators including: greenhouse gases, water and waste productivity; women in executive management; linking executive pay to sustainability targets; clean revenue; percentage tax paid.
Source: Corporate Knights (2020)
In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B.
Source: CDP (2021)
The 2021 Global 100 Most Sustainable Corporations in the World list is an extensive data-driven corporate sustainability assessment. The ranked companies are leaders in the field of a sustainable business approach. The efficiency of a company's energy, water, CO2 and waste management is measured in relation to its total sales volume. The disclosure of that information is a pre-condition for the assessment. Of the 395 companies in its peer group, this company ranked #2.
Source: Corporate Knights (2021) |
In 2019 the Mind the Store campaign ranked 43 major US retailers on their efforts to eliminate toxic chemicals from consumer products. This company received a grade of D+.
Source: Mind the Store (2019) |
In 2012 three companies were fined for fixing the price of gasoline in Kingston and Brockville, Canada between May and November in 2007. The Competition Bureau says Pioneer Energy, Canadian Tire Corporation and Mr. Gas pleaded guilty to the charges. Canadian Tire was fined $900,000. [Listed under Information due to age of court finding]
Source: news article (2012)
The Apparel and Footwear Supply Chain Transparency Pledge (Transparency Pledge) helps demonstrate apparel and footwear companies' commitment towards greater transparency in their manufacturing supply chain. Transparency of a company's manufacturing supply chain better enables a company to collaborate with civil society in identifying, assessing, and avoiding actual or potential adverse human rights impacts. This is a critical step that strengthens a company's human rights due diligence. This company is not aligned with the Transparency Pledge and has made no commitment to publish supplier factory information.
Source: Transparency Pledge (2019)
This company is a member of the Alliance for Bangladesh Worker Safety, a legally binding, five-year commitment to improve safety in Bangladeshi ready-made garment factories. The Alliance aims to improve worker safety in the Bangladesh garment industry by upgrading factories, educating workers and management, empowering workers, and building institutions that can enforce and maintain safe working conditions throughout Bangladesh. However it lacks an important enforcement mechanism included in the Accord on Fire and Building Safety in Bangladesh, and unlike the Accord, the Alliance has not received the endorsement of the ILO.
Source: Alliance for Bangladesh Worker Safety (2020)
This company received an S&P Global ESG Score of 52/100 in the Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021) |
Company Details
Type | Public company |
Revenue | 12.7 billion USD (2016) |
Employees | 58,000 (2016) |
Subsidiaries | Helly Hansen AS ![]() Outdoor wear Founded in 1877 making utility wear for survival, work and sport. After several ownership changes it was acquired by Canadian Tire in 2018. |
Contact Details
Address | Toronto, Ontario, Canada |
Website | corp.canadiantire.ca |
Products / Brands
Helly Hansen
Helly Hansen Outdoor Wear |