Tim Hortons recognized for Climate Change Transparency with CDP Leadership Position
OAKVILLE, ON, Oct. 7, 2013 /CNW/ - Tim Hortons announced today that for the second consecutive year it has been included in the Canadian Carbon Disclosure Project's (CDP) Canada 200 Climate Disclosure Leadership Index (CDLI). The achievement was announced in the CDP Canada 200 Climate Change Report 2013, which tracks how Canada's largest listed companies are acting in response to a changing climate and recognizes various organizations for their approach to environmental information disclosure.
According to CDP, Tim Hortons high score and inclusion in the CDLI report indicate the provision of robust climate data and a good understanding of climate change-related issues affecting the company.
"We are constantly striving to reduce our environmental footprint and manage emissions as part of our commitment to environmental responsibility," said Scott Bonikowsky, vice president, Corporate, Public & Government Affairs, Tim Hortons. "We believe that our focus on sustainability benefits the communities in which we operate and we are honored to once again be included in CDP's Climate Disclosure Leadership Index."
The CDLI comprises the organizations that achieved a score within the top 10 per cent of the sample assessed. In 2013, the Canada 200 CDLI comprises 21 companies. The Index is also an essential database for investors to assess a company's environmental practices. The CDP represents 722 institutional investors with $82 trillion in assets.
About Tim Hortons Inc.
Tim Hortons is one of the largest publicly-traded restaurant chains in North America based on market capitalization, and the largest in Canada. Operating in the quick service segment of the restaurant industry, Tim Hortons appeals to a broad range of consumer tastes, with a menu that includes premium coffee, espresso-based hot and cold specialty drinks (including lattes, cappuccinos and espresso shots), specialty teas and fruit smoothies, fresh baked goods including our trademark donuts, grilled Panini and classic sandwiches, wraps, soups, prepared foods and other food products. As of June 30th, 2013, Tim Hortons had 4,304 system-wide restaurants, including 3,468 in Canada, 807 in the United States and 29 in the Gulf Cooperation Council. More information about the Company is available at www.timhortons.com. Follow Tim Hortons on Twitter: www.twitter.com/timhortons.
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Alexandra Cygal, Tim Hortons