Greenhouse gas (GHG) emissions are one of the major causes of rising global warming. CO2, Methane & NOx gases form a major part of greenhouse gases released from fossil fuels such as oil and gas. Due to rising GHG emissions from the operations of companies, it became important among major contributing sectors to report GHG emissions during their operations.
Several retailers, including Walmart, already measure their carbon footprints and climate change programs. Retailers generate a significant portion of their carbon footprint in their stores. Heating, lighting, air conditioning, ventilation, cooking, and refrigeration are the main factors for a retail outlet's direct energy consumption, and therefore carbon emissions.
Canadian Tire Corp Ltd (Canadian Tire) is a retail company that offers a broad range of goods and services. Its product portfolio comprises automotive parts, accessories, and services, sports products, apparel, backpacks, home products, gasoline, and financial products. The company operates under Canadian Tire, Mark’s, Petroleum, Sport Chek, Mark’s Work Warehouse, Mark’s, Helly Hansen, Hockey Experts, Sports Experts, National Sports, Pro Hockey Life, Atmosphere, Sports Rousseau, Party City, PartSource, and Gas+ banners.
The total GHG emissions of Canadian Tire in 2021 were 3,393 thousand tonnes of CO2 equivalents, an increase of 4.3% over 2020.
GHG emissions are generally classified into Scope 1,2 & 3 emissions. Scope 1 includes direct GHG emissions from stationary fuel combustion and refrigerant gases. Scope 2 encompasses indirect GHG emissions from the on-site generation and purchase of electricity. Scope 3 involves all other indirect GHG emissions in Canadian Tire’s value chain.
In 2021, Canadian Tire’s Scope 1 emissions were 54 thousand tonnes of CO2eq, and Scope 2 emissions were 23 thousand tonnes of CO2eq. Canadian Tire’s Scope 3 emissions in 2021 reached 3,316 thousand tonnes of CO2eq.
Canadian Tire has set a target to reduce Scope 1 and Scope 2 emissions by 40% by 2030.
United States of America
United States of America
United States of America
United States of America
Germany
China
United States of America
United States of America
United States of America
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