Tim Hortons announced that for the first time it is included in the Canadian Carbon Disclosure Project's (CDP) Leadership Index. The Index recognizes various organizations for their approach to climate change information disclosure. According to a news release, Tim Hortons' high score and inclusion in the report indicate good internal data management and understanding of climate change-related issues affecting the company.
"From our restaurants to corporate facilities and distribution centers, we are always looking for the best ways to manage emissions and reduce our environmental impact," said Scott Bonikowsky, vice president, Corporate, Public & Government Affairs, Tim Hortons. "As a company, we aim to be environmentally responsible and to make a true difference for the planet. We take pride in these efforts and we will stay committed to our goals."
The index is a key component of CDP's annual Canada 200 report, highlighting the constituent companies of the Canada 200 which are scored in various categories according to their management of carbon emissions, and the top 10 percent (20) are included in the annual Canadian CDP Leadership Index.
The index also acts as a database for investors to assess a company's environmental practices. The CDP represents 655 institutional investors with $78 trillion in assets.
In addition, Tim Hortons was recently named to the Dow Jones Sustainability Index for the second year in a row. The company placed in the top 20 percent of the largest 600 North American Dow Jones Global Total Stock Market Index companies based on long-term economic, environmental and social criteria.
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